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Homes Under $500,000 in Redmond, Utah
Redmond sits in Sevier County along US-89, a small farming and ranching community about 20 minutes north of Richfield and roughly two hours south of Salt Lake City. Homes here run on well water and septic in many spots outside city limits, lots tend to run bigger than what you'd find in the Wasatch Front suburbs, and $500K goes a long way — you're looking at anything from a solid 3-bedroom rancher on a standard city lot to a small acreage property with a shop and room for horses or livestock. This is a market for buyers who want land, quiet, and proximity to I-70 without paying Park City or Utah County prices.
Most of what sells under $500K in Redmond falls into two camps: newer or updated single-level homes built in the last 15-20 years on half-acre-plus lots, and older farmhouses or ranch homes on acreage that need some work but come with outbuildings, water shares, or pasture already in place. Buyers relocating for work at the Sevier Valley area's agricultural and manufacturing employers, or retirees looking for a low-cost, low-traffic base within driving distance of Fish Lake and Capitol Reef, make up a lot of the demand. Property taxes and insurance run noticeably lower here than in Utah County or Washington County, which stretches the buying power further. Browse the active listings below to see what's currently on the market in this price range.
July 2026 · Redmond market
Live from the Utah MLS — what's actually happening in Redmond right now.
Median sale
$267,500
2 closed in July 2026
Median DOM
72 days
listing → contract
Sale-to-list
97.5%
of final list price
Unsold inventory
6
active + pending
10 matching · page 1 of 1
Active listings
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Common questions
About homes under $500k in Redmond.
What kind of home does $500K actually buy in Redmond? ▾
In Redmond, $500K reaches well into the upper end of the local market. That budget typically covers a updated 3-4 bedroom home on a larger parcel, sometimes with outbuildings, irrigation shares, or a few acres for animals. Many homes in town list well below that ceiling, so $500K gives real room to negotiate or hold out for acreage.
Is Redmond a buyer-friendly market for the under-$500K range? ▾
Yes. Redmond is a small Sevier County farming community with limited inventory, and most homes that hit the MLS sit under the $500K mark anyway. Turnover is slow, but when something lists, buyers in this price band usually have less competition than they would along the Wasatch Front.
How far is Redmond from larger employment centers? ▾
Redmond sits along Highway 89 about 15 minutes north of Salina and 25 minutes from Richfield, where most jobs, shopping, and medical care are concentrated. Salt Lake City is roughly two and a half hours north. The Redmond Minerals salt mine is the largest local employer.
Are there acreage or horse-friendly options under $500K? ▾
Often yes. Redmond's rural zoning and agricultural roots mean many sub-$500K listings include a half-acre to several acres, water shares, barns, or animal rights. If land matters more than square footage, this price range is workable here in a way it isn't in Sanpete or Utah County.
What should I check before buying a rural Redmond home? ▾
Confirm water — culinary source, secondary irrigation shares, and well status if applicable. Septic systems are common, so ask for recent inspections. Verify zoning allowances if you plan to keep livestock, and check internet options since fiber and cable coverage vary block to block.
How long do homes under $500K typically sit on the market in Redmond? ▾
Days on market in Redmond run longer than urban Utah — often 60-120 days — simply because the buyer pool is smaller. That works in favor of patient buyers who can wait for the right property and negotiate on price or terms.