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Homes Under $300,000 in Payson, Utah
Payson sits at the south end of Utah County, tucked against the Wasatch Range with Payson Canyon and the Nebo Loop as its backyard playground. It's grown up as one of the more affordable alternatives to Provo and Orem, and homes under $300K here still exist — mostly older stock in the historic grid downtown, smaller ramblers and townhomes on the west side, and the occasional condo or manufactured home on owned land. Employers in Spanish Fork, Springville, and the growing tech and manufacturing base along the I-15 corridor keep demand steady, and Payson's own Main Street pharmacy-to-post-office feel still draws buyers who want small-town pace without leaving commuting range of Provo or even Salt Lake. At this price point in Payson, expect to trade square footage or lot size for location and price — think 2-3 bedroom homes built between the 1950s and 1980s, some needing cosmetic work, plus a handful of attached townhomes and condos that price in under $300K even as detached homes have mostly climbed past that mark. Inventory moves fast when it's priced right, since this is one of the few remaining entry points into Utah County ownership without commuting from Nephi or Santaquin. Browse the active listings below to see what's currently on the market.
July 2026 · Payson market
Live from the Utah MLS — what's actually happening in Payson right now.
Median sale
$455,796
33 closed in July 2026
Median DOM
26 days
listing → contract
Sale-to-list
99.7%
of final list price
Unsold inventory
127
active + pending
16 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.