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Price, Utah

New Construction Homes for Sale in Price, Utah

New construction in Price is a smaller, steadier market than the boom towns along the Wasatch Front. Most new-build activity here centers on infill lots in established neighborhoods and a handful of subdivisions expanding toward the edges of town near Carbon High School and the golf course. Builders working in Carbon County tend to be regional outfits rather than national production builders, which means floor plans are often semi-custom, lot sizes run larger than what you'd see in Salt Lake or Utah County, and construction timelines depend heavily on local labor and material delivery from Provo or Salt Lake. Prices for new homes in Price typically land well below the state median, making it one of the more accessible places in Utah to buy brand new rather than settling for an older home that needs updating.

Buyers drawn to new construction here are usually looking for lower maintenance, modern energy codes suited to Price's high-desert winters and hot, dry summers, and the ability to choose finishes rather than inherit someone else's decisions. Because Price sits at over 5,500 feet with cold snaps and snow load to plan for, newer homes with updated insulation, furnaces, and roofing can mean real savings on utility bills compared to the town's older housing stock, much of which dates to the coal-boom era. Lot availability moves in small batches rather than large phased releases, so inventory can shift quickly. Browse the active listings below to see what's currently on the market.

July 2026 · Price market

Live from the Utah MLS — what's actually happening in Price right now.

Full Price market report
Median sale
$327,500
14 closed in July 2026
Median DOM
37 days
listing → contract
Sale-to-list
95.9%
of final list price
Unsold inventory
75
active + pending

3 matching · page 1 of 1

Active listings

Common questions

About new construction homes in Price.

How common is new construction in Price, Utah right now?

New construction is relatively uncommon in Price compared to Wasatch Front cities — Carbon County sees a fraction of the building permits issued in Utah County or Washington County in any given year. When new builds do appear, they tend to be individual custom projects or very small subdivisions rather than large master-planned communities. Availability fluctuates, so the active listing count can be in the single digits at any given time.

What price range should I expect for a newly built home in Price?

Most new construction in the Price area has been landing in the low-to-mid $300,000s for a standard three- or four-bedroom single-family home, though custom builds with larger lots or higher-end finishes can push into the $400,000s and beyond. Land costs in Carbon County are lower than along the Wasatch Front, which helps offset construction material costs. Getting a builder's itemized allowance sheet early is the best way to understand where the final number will land on any specific project.

Are newly built homes in Price built for the local climate?

Yes — and that matters more here than buyers sometimes realize. Price sits at about 5,600 feet and sees genuine high-desert winters, with January lows commonly dropping below 15°F and occasional stretches in the single digits. Homes built to current Utah energy codes require higher insulation R-values, better window ratings, and tighter air sealing than most of the older housing stock in town. A new build should meaningfully reduce heating bills compared to an unrenovated mid-century home of similar square footage.

Who are the typical builders working in the Price area?

Unlike the Wasatch Front, Price doesn't have large national production builders like Richmond American or Lennar operating active subdivisions. Construction tends to come from local Carbon County contractors or small regional Utah builders who work on a project-by-project basis. That can mean more flexibility on floor plan customization, but it also means you'll want to verify each builder's licensing status with the Utah Division of Occupational and Professional Licensing (DOPL) and review past project references before signing a contract.

Can I use FHA or VA financing on a new construction home in Price?

Yes, both FHA and VA loans can be used for new construction, but the process differs slightly from buying a finished resale home. For a home still under construction, lenders typically require a construction-to-permanent loan or the builder must complete the home before closing. VA appraisals on new construction also require the builder to provide a one-year warranty and a 10-year protection plan. Connecting with a lender experienced in construction financing before you go under contract will save significant time.

What should I inspect on a newly built home in Price before closing?

New construction still warrants a professional home inspection — code compliance and quality control are not the same thing, and inspectors routinely flag issues on brand-new homes including improper grading, HVAC duct leaks, and insulation gaps. In Price's climate, pay particular attention to crawl space or basement insulation, window installation quality, and roof flashing, all areas where shortcuts show up over a first winter. Most builders allow an independent inspection before the final walkthrough, and you should insist on it.