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Homes Under $500,000 in Pleasant Grove, Utah
Pleasant Grove sits in the heart of Utah County, wedged between Highway 89 and the foothills of Mount Timpanogos, with quick access to I-15 and a 40-minute drive to Salt Lake City. Under $500K here mostly means older housing stock — 1970s to 1990s ramblers and split-levels in the established grid neighborhoods near Pleasant Grove High and downtown, plus a shrinking number of townhomes and condos in newer developments like Grove Creek or near Battle Creek. New single-family construction has largely priced out of this range as Pleasant Grove has filled in and land costs along the bench have climbed, so buyers at this price point are competing for resale homes that need some updating rather than move-in-ready new builds.
This budget still works well for first-time buyers and families who want Alpine School District boundaries, walkability to Pleasant Grove's downtown and its historic Strawberry Days celebration, and easy access to Timpanogos hiking trails and the Murdock Canal Trail. Condos and townhomes stretch the budget furthest, while detached homes under $500K tend to run smaller (under 1,800 square feet) or sit on busier streets closer to Center Street. Inventory turns quickly given Pleasant Grove's popularity with commuters working in Lehi's tech corridor. Browse the active listings below to see what's currently on the market.
July 2026 · Pleasant Grove market
Live from the Utah MLS — what's actually happening in Pleasant Grove right now.
Median sale
$480,000
17 closed in July 2026
Median DOM
30 days
listing → contract
Sale-to-list
99.6%
of final list price
Unsold inventory
108
active + pending
47 matching · page 1 of 2
Active listings
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Common questions
About homes under $500k in Pleasant Grove.
What kind of home can I actually get in Pleasant Grove under $500K? ▾
Most of the inventory at this price is townhomes and twin homes from communities built since 2010, usually 1,400–2,000 finished square feet with 3 bedrooms. Detached single-family homes under $500K still show up but are typically older 1970s–1990s ramblers needing updates, or smaller homes on tight lots. Newer detached construction in PG has largely moved above the $550K mark.
How fast do homes under $500K sell in Pleasant Grove? ▾
Move-in-ready listings in this price band usually go under contract within 10–14 days, and well-priced townhomes often see multiple offers. Homes that sit longer almost always have a specific issue — deferred maintenance, an awkward floor plan, or a busy street location. Being pre-approved and ready to tour within 48 hours of a new listing makes a real difference.
Which schools serve homes in this price range? ▾
Pleasant Grove falls entirely within Alpine School District. Depending on the exact address, elementary feeders include Grovecrest, Manila, Central, and Mountain Trails, with most homes feeding into Pleasant Grove Junior High and Pleasant Grove High School. A few neighborhoods on the south end feed into Lone Peak High instead.
Are HOA fees common at this price point? ▾
Yes — almost any townhome or twin home under $500K will have an HOA, typically $150–$250 monthly covering exterior maintenance, landscaping, and sometimes snow removal. Detached single-family homes in older PG neighborhoods generally have no HOA at all, which is part of why they hold their value well.
How does Pleasant Grove compare to American Fork or Lindon at this price? ▾
Pleasant Grove tends to price slightly below American Fork for comparable square footage and slightly above Lindon, mostly because of school boundaries and proximity to the freeway. PG also has more older housing stock than Saratoga Springs or Eagle Mountain, so under $500K you'll see more 1980s–1990s homes here than in the newer west-side cities.
Is it worth waiting for prices to drop further? ▾
Pleasant Grove prices softened modestly in 2022–2023 but have held steady since, supported by tech-corridor employment and limited new construction inside city limits. Most local agents don't expect meaningful price drops in the sub-$500K range — if anything, that ceiling buys less house each year as entry-level inventory thins out.