Homes Under $500,000 in Parowan, Utah

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Finding an affordable home in Utah's stunning landscapes is entirely possible in Parowan, a charming small town nestled in Iron County. With a budget under $500,000, homebuyers can discover excellent opportunities ranging from cozy starter homes to spacious family properties with room to grow. Parowan offers the perfect blend of rural tranquility and convenient access to outdoor recreation, making it an ideal location for those seeking mountain living without breaking the bank.

Located just 20 minutes from Cedar City and under an hour from Brian Head Resort, Parowan provides an authentic Utah small-town experience with genuine community connections. Homes in this price range often feature generous lot sizes, mountain views, and the kind of peaceful setting that's increasingly hard to find. The town's historic Main Street, local schools, and close-knit community atmosphere make it particularly appealing to families and retirees looking for a safe, welcoming environment. With lower property taxes compared to many Utah markets and a reasonable cost of living, your housing budget stretches further here.

Browse our current listings of homes under $500K in Parowan to find your perfect match. Whether you're searching for a move-in ready residence or a property with potential to customize, our local agents understand the Parowan market and can help you navigate your home search with confidence. Contact us today to schedule viewings or learn more about available properties in this wonderful southern Utah community.

View Homes Under $500K in Parowan, Utah


To buy in Parowan, Utah call us directly at 801-410-7917


31 Homes For Sale in PAROWAN Utah

30 N 100 W, Parowan UT 84761

30 N 100 W
Parowan UT 84761

Brand-new 3 bed, 2 bath manufactured home in the heart of historic Parowan. Built with 2x6 construction and fully financeable. Smart layout that uses every squa...

  • 1152 Sq Ft

  • 3

  • 2

$325,000

15.0k

NEW - 19 HOUR AGO
.31 ac Canyon Road, Parowan UT 84761

.31 ac Canyon Road
Parowan UT 84761

Exceptional lot located right in the mouth of Parowan Canyon as you head to Brian Head. This lot is flat and sits on a corner where you can face your house in s...

  • 0.31 Acres

$139,900

2267 W 475 S, Parowan UT 84761

2267 W 475 S
Parowan UT 84761

Step inside and immediately feel the warmth of a home that has been exceptionally maintained. The open-concept floorplan creates a bright, airy atmosphere perfe...

  • 1315 Sq Ft

  • 3

  • 2

  • 2

$399,000

, Parowan UT 84761


Parowan UT 84761

Positioned just east of the western foothills of Iron Valley, this expansive 21.21 acre parcel offers a rare chance to invest, develop, or build your dream esta...

  • 21.21 Acres

$210,000

4951 N Kane Springs Rd, Parowan UT 84761

4951 N Kane Springs Rd
Parowan UT 84761

Are you searching for the perfect place to build your dream home? This exceptional 20+ acre parcel offers space, privacy, and breathtaking views from sunrise to...

  • 20.63 Acres

$262,000

154 N 750 W, Parowan UT 84761

154 N 750 W
Parowan UT 84761





  • 1123 Sq Ft

  • 3

  • 2

  • 2

$362,500

, Parowan UT 84761


Parowan UT 84761

Brand new double wide home ready to be shipped to your land and its foundation! Once connected to foundation it becomes a manufactured home! Seller is a license...

  • 1493 Sq Ft

  • 4

  • 2

$166,450

1.51 Acres w freeway frontage, Parowan UT 84761

1.51 Acres w freeway frontage
Parowan UT 84761

Positioned along I-15, this level lot offers massive daily traffic exposure for maximum impressions. Ideal for a large billboard, digital display, or branded si...

  • 1.51 Acres

$99,000

, Parowan UT 84761


Parowan UT 84761

Brand new and beautifully finished, this 3-bedroom, 2-bath home offers an open, inviting floorplan perfect for modern living. Located on a quiet cul-de-sac in t...

  • 1486 Sq Ft

  • 3

  • 2

  • 2

$369,900

760 W 60 N, Parowan UT 84761

760 W 60 N Lot 46
Parowan UT 84761

Brand new and beautifully finished, this 3-bedroom, 2-bath home offers an open, inviting floorplan perfect for modern living. Located on a quiet cul-de-sac in t...

  • 1486 Sq Ft

  • 3

  • 2

  • 2

$375,000

5.07 Acres Gap Rd, Parowan UT 84761

5.07 Acres Gap Rd
Parowan UT 84761

5.07 Acres on Gap Road in Parowan Utah. Taxes are estimated buyer to verify. Power and sewer in the street.

  • 5.07 Acres

$189,900

504 RHONDA, Parowan UT 84761

504 RHONDA
Parowan UT 84761

Premier RV Lot for sale in Foothills RV Park. Why rent an RV spot when you could buy? This rare, premier lot borders the outside edge of the park for spectacula...

  • 0.03 Acres

$75,000

502 RHONDA, Parowan UT 84761

502 RHONDA
Parowan UT 84761

Premier RV Lot for sale in Foothills RV Park. Why rent an RV spot when you could buy? This rare, premier lot borders the outside edge of the park for spectacula...

  • 0.03 Acres

$75,000

503 RHONDA, Parowan UT 84761

503 RHONDA
Parowan UT 84761

Premier RV Lot with 5th wheel trailer for sale in Foothills RV Park. Why rent an RV spot when you could buy? Comes with a 37x8 5th wheel with 2 slide-outs for a...

  • 296 Sq Ft

  • 1

  • 1

$99,900

512 N Diane St, Parowan UT 84761

512 N Diane St
Parowan UT 84761

This undeveloped lot has the potential to be the site of your dream home. Located just minutes away from downtown Parowan and I-15, this lot offers the best of...

  • 0.28 Acres

$61,900

25 S 200 E, Parowan UT 84761

25 S 200 E
Parowan UT 84761

Beautiful home, large yard, fruit tress & animal rights. Potential to build, R-2 zoning. Basement has separate entrance, bedrooms, bath & plumbed for a kitchene...

  • 2900 Sq Ft

  • 4

  • 3

  • 2

$459,000

700 N HIGHWAY 271, Parowan UT 84761

700 N HIGHWAY 271
Parowan UT 84761

Great located parcel of 2.48 acres just south of the Parowan airport. Easy access off of 700 North and Highway 271. It has potential access to the airport and c...

  • 2.48 Acres

$324,900

17.93 Acres Parowan, Parowan UT 84761

17.93 Acres Parowan
Parowan UT 84761

This expansive 17.93-acre lot, located just west of Parowan, Utah, offers the perfect canvas to build your dream home, farmstead, or private retreat. Fully fenc...

  • 17.93 Acres

$225,000

25.0k

273 S 700 W, Parowan UT 84761

273 S 700 W
Parowan UT 84761

Located 20 minutes between Cedar City and Brian Head Resort, this 1,976 sq ft home offers a comfortable and functional layout with 4 bedrooms and 2 full bathroo...

  • 1976 Sq Ft

  • 4

  • 2

$395,000

267 N 300 W, Parowan UT 84761

267 N 300 W
Parowan UT 84761

Step into opportunity with this charming 1983 Parowan home--full of character and ready for your personal touch. Situated on a spacious lot with mature fruit tr...

  • 2186 Sq Ft

  • 3

  • 1

$374,900

5.0k

207 E 300 N, Parowan UT 84761

207 E 300 N
Parowan UT 84761

Charming 1914 home in the quaint and quiet town of Parowan. It has lots of charm and character that you can appreciate. It offers a unique Kitchen, Dining Room ...

  • 2323 Sq Ft

  • 3

  • 2

$349,000

NEW - 18 HOUR AGO
2  CANYON RD, Parowan UT 84761

2 CANYON RD
Parowan UT 84761





  • 0.31 Acres

$139,900

Parowan Foothills, Parowan UT 84761

Parowan Foothills 1
Parowan UT 84761

Enjoy breathtaking views of Parowan City, the surrounding mountains, and Heritage Park below from this .6-acre undeveloped lot offering exceptional privacy and ...

  • 0.60 Acres

$98,000

150 W 300 S, Parowan UT 84761

150 W 300 S
Parowan UT 84761

This charming 1,100 sq ft home offers 2 bedrooms, 2 baths, and sits on a generous 0.344-acre parcel. Conveniently located near schools and downtown Parowan, thi...

  • 1100 Sq Ft

  • 2

  • 2

$319,900

140 W 300 S, Parowan UT 84761

140 W 300 S
Parowan UT 84761

Quaint 1910 home filled with character and historic charm. This 1,402 sq ft, 2-bedroom, 1-bath home features a versatile bonus room ideal for a nursery, home of...

  • 1402 Sq Ft

  • 2

  • 1

$299,900

5.0k

755 W 130 N, Parowan UT 84761

755 W 130 N
Parowan UT 84761

Charming one-level country cottage, with beautifully manicured grounds with mature shade trees. 3 bedrooms and 2 bathrooms, with a spacious master suite, a walk...

  • 1559 Sq Ft

  • 3

  • 2

  • 2

$399,900

10.6k

Lot 5 Red Canyon Estates, Parowan UT 84761

Lot 5 Red Canyon Estates
Parowan UT 84761

Beautiful 5.99-acre parcel in Red Canyon Estates in Parowan, offering the perfect setting to build your dream home. This partially fenced property features grea...

  • 5.99 Acres

$225,000

180 S 300 E, Parowan UT 84761

180 S 300 E #e2
Parowan UT 84761

This first floor, turn-key condo in Parowan features 2 bedrooms, 2 bathrooms, and a spacious open floor plan in the living room and kitchen. It also features am...

  • 1034 Sq Ft

  • 2

  • 2

$170,000

5.0k

2213 W 475 S, Parowan UT 84761

2213 W 475 S
Parowan UT 84761

This beautiful home offers the perfect blend of comfort, style & convenience. Boasting with unobstructed mountain views, fully landscaped yard, newer rear deck,...

  • 1290 Sq Ft

  • 3

  • 2

$316,777

8.0k

2213 W 475 S #34, Parowan UT 84761

2213 W 475 S #34
Parowan UT 84761

This home offers the perfect blend of comfort, style & convenience. With unobstructed views, fully landscaped, and a great rear deck for a peaceful and relaxing...

  • 1290 Sq Ft

  • 3

  • 2

$316,777

4951 N KANE SPRINGS RD, Parowan UT 84761

4951 N KANE SPRINGS RD
Parowan UT 84761

20+ acres with stunning views. Drilled well with one acre-foot 1916 water right included. Additional acre-foot available separately. Power nearby. Plenty of spa...

  • 20.63 Acres

$262,000

Homes Under $500K in Parowan

Looking for homes under $500k in Parowan, Utah? We currently have 31 listings matching your criteria. New properties are added daily, so check back often or create a custom search to get notified of new listings.

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