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Homes Under $300,000 in Payson, Utah
Payson sits at the south end of Utah County, about 55 minutes from Salt Lake City and 20 minutes from the Provo-Orem job corridor, which keeps it on the radar for buyers priced out of Provo, Springville, and Spanish Fork. Under $300K in Payson today mostly means condos, townhomes, manufactured homes on owned land, or older single-family houses in the original townsite grid near 100 South and Main Street that need some updating. A handful of mobile homes in established parks and the occasional fixer near Peteetneet Academy round out the inventory. Utah County's growth has pushed most detached homes here well past $400K, so this price band has become a narrower, faster-moving segment than it was even two years ago.
Commuters like Payson for I-15 access and the shorter drive to the Provo tech offices along University Avenue, while others are drawn by Payson Canyon, the Peteetneet Museum, and a slower pace than Provo or Lehi. Schools fall under Nebo School District, with Payson High and several elementary options within a few miles of most listings in this range. Homes at this price point tend to be smaller, older, or attached, and they often sit on smaller lots or in HOA communities rather than the quarter-acre lots Payson is known for further from downtown. Browse the active listings below to see what's currently on the market in this range.
August 2026 · Payson market
Live from the Utah MLS — what's actually happening in Payson right now.
Median sale
$622,000
20 closed in August 2026
Median DOM
71 days
listing → contract
Sale-to-list
97.9%
of final list price
Unsold inventory
111
active + pending
13 matching · page 1 of 1
Active listings
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Common questions
About homes under $300k in Payson.
What kinds of homes are actually available under $300K in Payson? ▾
Expect mostly manufactured homes in lot-rent communities, one- and two-bedroom condos or townhomes, and small older single-family homes needing cosmetic or systems updates. Detached homes on their own land at this price are uncommon and usually move quickly. Inventory shifts week to week, so the active list below is the most accurate snapshot.
Can I get a conventional mortgage on a manufactured home in a Payson park? ▾
If the home sits on leased land (a park space), most conventional and FHA loans won't apply — you'll typically need a chattel loan or cash. Manufactured homes on owned land that are permanently affixed can qualify for standard financing, including FHA and VA. Ask your lender to confirm the foundation type and title status before writing an offer.
How does Payson compare to Spanish Fork or Santaquin for sub-$300K inventory? ▾
Payson and Santaquin tend to have more options at this price than Spanish Fork, which has seen sharper appreciation. Santaquin skews slightly newer in its manufactured housing stock, while Payson has more older in-town homes and condos. Commute times to Provo differ by 5-10 minutes between the three.
Are there HOA fees I should watch for at this price point? ▾
Yes — most condos and townhomes in Payson under $300K carry HOA dues that often include exterior maintenance, water, sewer, or trash. Manufactured home parks charge monthly lot rent, which can run $500-$800 and isn't building equity. Factor these ongoing costs into your monthly budget alongside the mortgage.
Is Payson a reasonable commute to Provo, Lehi, or Salt Lake? ▾
Provo is about 20-25 minutes up I-15, Lehi's tech corridor runs 35-45 minutes depending on traffic, and downtown Salt Lake is roughly an hour outside of rush hour. The southbound commute home is usually lighter than the morning northbound drive. FrontRunner doesn't stop in Payson, so most commuters drive.
How fast do sub-$300K homes sell in Payson? ▾
Well-priced detached homes and updated condos at this level often go under contract within a week, sometimes with multiple offers. Manufactured homes on leased land tend to sit longer because the financing pool is smaller. Being pre-approved and ready to tour same-day makes a real difference at this price.