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Homes Under $500,000 in Peoa, Utah
Peoa sits in the Kamas Valley about 15 minutes from Oakley and roughly 25 minutes from Park City's Old Town, but the price gap between the two markets is significant. Under $500K here typically means land-heavy properties: older ranch homes on an acre or more, manufactured and modular homes on owned lots, or smaller cabins tucked toward the base of the Uintas rather than anything with a Park City address. This is Summit County, so property taxes and any new construction still carry mountain-town costs, but existing homes built in the 1970s-90s give buyers a real entry point that the Park City core simply doesn't offer anymore.
Water rights and septic systems matter more in Peoa than in a typical subdivision purchase — many parcels are on well water and private septic, and irrigation shares can add real value if you plan to keep horses or grow hay. Winters are genuine mountain winters, with snow load and long driveways factoring into maintenance costs, so buyers should budget for plowing and a truck that handles the Kamas Valley roads. Commuters headed to Park City resorts or the Snyderville Basin find the drive manageable outside of peak ski traffic, while those working from home get a quieter, more rural setting than the Wasatch Back's busier corridors. Browse the active listings below to see what's currently on the market under $500K.
May 2026 · Peoa market
Live from the Utah MLS — what's actually happening in Peoa right now.
Median sale
$672,500
2 closed in May 2026
Median DOM
117 days
listing → contract
Sale-to-list
96.3%
of final list price
Unsold inventory
3
active + pending
1 matching · page 1 of 1
Active listings
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Common questions
About homes under $500k in Peoa.
How many homes under $500K typically come up for sale in Peoa each year? ▾
Very few — often only a handful across an entire year. Peoa's median sale price usually sits above $1M because most properties include acreage. Sub-$500K inventory is generally limited to older manufactured homes, small cabins needing work, or vacant lots being marketed alongside home searches.
What kind of property can I realistically expect in this price range? ▾
Plan on an older or smaller home, a manufactured home on a permanent foundation, or a fixer that needs roof, septic, or well work. Newer stick-built homes on usable acreage in Peoa almost always price above $500K. Building lots with utilities stubbed occasionally fall in this range too.
Are these homes on well and septic or city water? ▾
Almost all of Peoa runs on private well and septic — there is no municipal water or sewer system serving most of the area. Buyers should budget for well flow tests, water quality testing, and septic inspections as part of due diligence, and confirm water rights are included with the property.
What school district serves Peoa? ▾
Peoa is part of the South Summit School District, with elementary, middle, and high schools clustered in nearby Kamas about 6 miles south. The district is small, well-regarded locally, and a frequent reason families choose the Kamas Valley over busier Park City schools.
How far is Peoa from Park City and Salt Lake City? ▾
Park City is roughly 20–25 minutes via Browns Canyon Road or Highway 248, and downtown Salt Lake City is about an hour via I-80. The Salt Lake International Airport is around 55 minutes in normal traffic. Winter storms can add time on the canyon stretches.
Can I build new in Peoa if I buy a lot under $500K instead? ▾
Yes, vacant lots in Peoa do come up under $500K, especially smaller parcels without water rights or with access challenges. Summit County zoning, well permits through the Utah Division of Water Rights, and septic approval through the health department all factor in — talk with a local builder before writing an offer on raw land.