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 435-414-8597


23 Homes For Sale in PAROWAN Utah

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

$324,777

Pine Canyon Drive, Parowan UT 84761

Pine Canyon Drive
Parowan UT 84761

Uncover the potential of this expansive land property located in the picturesque Parowan, UT 81761. Offering a rural ambience with stunning views of lush mounta...

  • 5.74 Acres

$450,000

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

$250,000

275 E 200, Parowan UT 84761

275 E 200 #C3
Parowan UT 84761

Easy Living! Escape to the rural charm of Parowan, Utah in this 2 bedroom 2 bathroom condo. Located just a few minutes from Brian Head ski resort and Cedar Brea...

  • 1274 Sq Ft

  • 2

  • 2

  • 1

$210,000

, 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

, 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

30 N 100 W, Parowan UT 84761

30 N 100 W
Parowan UT 84761

Brand new 3 bed, 2 bath home in the heart of historic Parowan. Thoughtfully designed with every square foot in mind. Features a cozy covered deck, a laundry roo...

  • 1152 Sq Ft

  • 3

  • 2

$340,000

10.0k

20 ac ft Water Right 752258, Parowan UT 84761

20 ac ft Water Right 752258
Parowan UT 84761

Parowan Valley Water Rights with 1917 Priority Date. Water has been kept active in agricultural use with temporary change applications....

  • 0.00 Acres

$400,000

W Sunflower Ln, Parowan UT 84761

W Sunflower Ln 1
Parowan UT 84761

WIDE OPEN SPACES & VIEWS!! This property type is becoming harder to find. Utilities a BONUS!! Property sits between Summit & Parowan with mountain views in ever...

  • 6.23 Acres

$360,000

512 N Diane St, Parowan UT 84761

512 N Diane St 49
Parowan UT 84761





  • 0.28 Acres

$62,500

114 N 850 W, Parowan UT 84761

114 N 850 W
Parowan UT 84761

Welcome to this immaculate & well taken care of home! Boasting with GORGEOUS mountain views, beautiful fenced yard & quiet neighborhood. This kit home (prefabri...

  • 3060 Sq Ft

  • 5

  • 3

  • 3

$495,000

267 N 300 W, Parowan UT 84761

267 N 300 W
Parowan UT 84761

Step into opportunity with this charming 1983 Parowan home--packed with character and ready for its glow-up. Sitting on a generous lot dotted with mature, produ...

  • 2186 Sq Ft

  • 3

  • 1

$390,000

Old Highway 91, Parowan UT 84761

Old Highway 91
Parowan UT 84761

Dont miss out on this very well priced 20 plus acreage!! Lets talk wide open spaces, fabulous area, mountain views in every direction, no close neighbors for pr...

  • 21.65 Acres

$229,000

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

2246 W 450 S, Parowan UT 84761

2246 W 450 S
Parowan UT 84761

Live the vacation! Welcome to this wonderful home in immaculate condition. This home offers so many upgrades: Whole home water filtration and softener, hot wate...

  • 1315 Sq Ft

  • 3

  • 2

  • 2

$368,997

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

701 S Heritage Hls Dr, Parowan UT 84761

701 S Heritage Hls Dr 33
Parowan UT 84761

Rare lot in Heritage Hills Subdivision, Parowan. Includes city water, power, natural gas, sewer, fiber optics (stubbed to lot line), paved road, sidewalk, gutte...

  • 0.50 Acres

$159,000

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

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

$175,000

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

20.75 Acres S of Parowan along I15, Parowan UT 84761

20.75 Acres S of Parowan along I15
Parowan UT 84761

The opportunities are endless!! 20 acres zoned R5. Come build your dream home, start a farm, truck yard, you name it! Dirt atv track already created on it. Loca...

  • 20.75 Acres

$300,000

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

$304,900

Homes Under $500K in Parowan

Looking for homes under $500k in Parowan, Utah? We currently have 23 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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