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Homes Under $300,000 in Parowan, Utah
Parowan sits in Iron County at about 5,900 feet, roughly 20 minutes north of Cedar City along I-15. That location shapes what a sub-$300K budget buys. Most of the town's older housing is on generous lots: brick ranch homes, some historic pioneer-era houses near the downtown grid, and newer manufactured or modest site-built homes on the edges. Because Parowan has stayed small, at around 3,000 residents, buyers often get a quarter-acre or more for less than a comparable lot would cost in Cedar City or St. George. Many buyers in this range are first-timers, retirees downsizing from the Wasatch Front, and people who commute to Cedar City for work at Southern Utah University, the hospital, or local industry.
Winters here are real. Expect snow, hard freezes, and heating bills that matter, while summers stay several degrees cooler than St. George. When you compare homes under $300K, check the age of the furnace, roof, and windows, and ask about well or city water and irrigation shares, since many lots come with secondary water. Parowan Canyon, Vermillion Castle, and Brian Head ski area are all close, and Parowan Gap petroglyphs are a short drive out. Homes priced at the lower end of this range often need updates, while those near $300K are frequently move-in ready. Browse the active listings below to see what's currently on the market.
September 2026 · Parowan market
Live from the Utah MLS — what's actually happening in Parowan right now.
Median sale
$356,020
2 closed in September 2026
Median DOM
28 days
listing → contract
Sale-to-list
97.5%
of final list price
Unsold inventory
34
active + pending
18 matching · page 1 of 1
Active listings
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Common questions
About homes under $300k in Parowan.
How many homes under $300K are usually for sale in Parowan? ▾
Inventory is small. Parowan typically has somewhere between two and ten active listings under $300K at any given time, and that includes manufactured homes and fixers. If nothing on the current list fits, it's worth checking back weekly — turnover is slow but steady.
What kind of home does $300K actually buy in Parowan? ▾
Most homes in this range are 1,000–1,800 sq ft ramblers or older two-stories built between 1900 and 1990, often on lots of a quarter acre or larger. Manufactured homes on permanent foundations also show up here, as do a few cabins and building lots. Expect some deferred maintenance at this price.
Is Parowan a reasonable commute to Cedar City for work? ▾
Yes. It's about 19 miles down I-15 to Cedar City, roughly a 20-minute drive in good weather. Many Parowan residents work at SUU, Cedar City schools, or the regional hospital and accept the commute in exchange for cheaper housing and small-town life.
Are property taxes low in Iron County? ▾
Iron County has some of the lower effective property tax rates in Utah, generally well under 1% of assessed value for a primary residence. On a $275,000 home that often pencils out to roughly $1,200–$1,600 per year, though exact bills depend on the taxing district and primary-residence exemption.
Can I get financing on older or manufactured homes in this price range? ▾
Usually yes, but it depends on the property. Conventional, FHA, USDA, and VA loans all work in Parowan, and USDA is a real option here since the area qualifies as rural. Manufactured homes need a permanent foundation and a HUD tag for most loan programs, and pre-1976 mobile homes generally won't finance conventionally.
What should I inspect carefully on an older Parowan home? ▾
At 6,000 feet of elevation with cold winters, pay close attention to the roof, attic insulation, furnace age, and any signs of frozen-pipe history. Many older homes are on septic rather than city sewer, so a septic inspection is worth the cost. Also check for knob-and-tube or aluminum wiring in pre-1970 houses.