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Provo, Utah

Homes Under $500,000 in Provo, Utah

There are 124 homes for sale in Provo at or under $500,000, with a median asking price of $350,000. Over the last 12 months, 358 sold in this range at a median of $384,000.

Most are condos and townhomes. Osprey Townhomes, a newer community, has sold the most, followed by Independence Avenue and Spring Creek. See Provo townhomes and condos.

124 matching · page 1 of 6

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Utah MLS data · updated Nov 4, 2026

Provo homes under $500K by the numbers

Today's listings plus closed sales recorded in the MLS, each home counted once. Medians, not averages, so one outlier can't skew them.

For sale now
124
median ask $350,000
Median sale, last 12 mo
$384,000
358 sold · -3.4% vs prior year
Price per sq ft
$271
median of closed sales · typical 1,203 sq ft
HOA dues
$248/mo
median · 77% of listings have dues

Over the last 12 months, 358 homes under $500K sold in Provo, taking a median of 30 days to go under contract and closing at 100% of the final list price.

What's for sale

Today's 124 listings by type.

  • Condos 54 (44%)
  • Townhomes 29 (23%)
  • Single-family homes 25 (20%)
  • Other 11 (9%)
  • Twin homes 3 (2%)
  • Multi-family 2 (2%)

By budget

How today's asking prices spread out.

  • Under $400K 82
  • $400K–$600K 42
  • $600K–$800K 0
  • $800K–$1.2M 0
  • $1.2M and up 0

Homes under $500K by neighborhood

Closed sales over the last 24 months, plus what's listed today. Click a name for that neighborhood's page.

  • Osprey Townhomes

    Sold (24 mo)
    70
    Median sale
    $415,000
    Typical size
    1,399 sq ft
    Built
    2024
    HOA / mo
    $95
    For sale now
    6 · $415,000–$439,000
  • Independence Avenue Pud

    Sold (24 mo)
    21
    Median sale
    $395,000
    Typical size
    2,094 sq ft
    Built
    2013
    HOA / mo
    $335
    For sale now
    3 · $384,900–$410,000
  • Willowbrook Hill Condo

    Sold (24 mo)
    15
    Median sale
    $270,000
    Typical size
    1,120 sq ft
    Built
    1980
    HOA / mo
    $200
    For sale now
    5 · $259,900–$285,000
  • Spring Creek

    Sold (24 mo)
    13
    Median sale
    $265,000
    Typical size
    856 sq ft
    Built
    2020
    HOA / mo
    $155
    For sale now
    4 · $252,000–$265,000
  • Riderwood Village

    Sold (24 mo)
    12
    Median sale
    $437,000
    Typical size
    1,422 sq ft
    Built
    1997
    HOA / mo
    $218
    For sale now
    0
  • Castlebrook Condos

    Sold (24 mo)
    10
    Median sale
    $183,000
    Typical size
    976 sq ft
    Built
    1970
    HOA / mo
    $550
    For sale now
    3 · $186,999–$190,000
  • Canyon Meadows

    Sold (24 mo)
    10
    Median sale
    $345,000
    Typical size
    1,210 sq ft
    Built
    2003
    HOA / mo
    $245
    For sale now
    3 · $329,000–$350,000
  • Tri Terra

    Sold (24 mo)
    10
    Median sale
    $346,000
    Typical size
    1,326 sq ft
    Built
    2018
    HOA / mo
    $180
    For sale now
    1 · $350,000
  • Bavarian Apartments Subdv

    Sold (24 mo)
    8
    Median sale
    $310,000
    Typical size
    840 sq ft
    Built
    2004
    HOA / mo
    $265
    For sale now
    3 · $315,000
  • Park Ridge Pud

    Sold (24 mo)
    8
    Median sale
    $364,000
    Typical size
    1,338 sq ft
    Built
    1999
    HOA / mo
    $327
    For sale now
    2 · $305,000–$390,000
  • Wasatch Gardens

    Sold (24 mo)
    8
    Median sale
    $453,000
    Typical size
    1,600 sq ft
    Built
    1944
    HOA / mo
    —
    For sale now
    2 · $397,000–$439,900
  • Eastgate Townhomes Pud

    Sold (24 mo)
    8
    Median sale
    $316,000
    Typical size
    1,179 sq ft
    Built
    1996
    HOA / mo
    $240
    For sale now
    0
  • Harbor Park

    Sold (24 mo)
    8
    Median sale
    $426,000
    Typical size
    1,877 sq ft
    Built
    1980
    HOA / mo
    —
    For sale now
    0
  • Pioneer Pd

    Sold (24 mo)
    7
    Median sale
    $430,000
    Typical size
    2,252 sq ft
    Built
    2002
    HOA / mo
    $220
    For sale now
    3 · $410,000–$499,995
  • Deerhaven Estates Pud Amended

    Sold (24 mo)
    7
    Median sale
    $412,000
    Typical size
    2,178 sq ft
    Built
    1999
    HOA / mo
    $250
    For sale now
    1 · $380,000

Median sale is shown only where at least 5 homes sold. HOA dues are the median monthly fee (yearly dues divided by 12) and can change, so confirm the amount and what it covers with the association. "Built" is the median year built.

Common questions

About homes under $500k in Provo.

Can you buy a home in Provo for under $500,000? ▾

Yes, mostly condos and townhomes. There are 124 listings at or under $500,000 today, and they sold at a median of $384,000 over the last 12 months.

How fast do homes under $500,000 sell in Provo? ▾

Over the last 12 months, they took a median of 30 days to go under contract.