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Homes Under $500,000 in Richfield, Utah
Richfield sits at the crossroads of I-70 and US-89 in Sevier County, and it's one of the last places in Utah where $500,000 still buys real breathing room. Most of the inventory here runs well under that ceiling — established three- and four-bedroom homes on quarter-acre lots in the $250K-$380K range, with newer construction on the north and east sides of town pushing closer to $450K-$500K. That gap between Richfield prices and what the same square footage costs along the Wasatch Front or in Washington County is the whole draw for a lot of buyers relocating here for jobs at Sevier Valley Hospital, the Sevier School District, or the ag and trucking operations that run through this stretch of central Utah. Buyers shopping under $500K in Richfield fall into a few groups: retirees downsizing out of bigger metro markets, young families who want a yard and a garage without a 30-year note that eats half their paycheck, and people relocating for work who need something move-in ready fast since rentals are limited. At this price point you can still find homes with detached shops or extra garage bays, which matters here given how many buyers haul equipment, ATVs, or work trucks. Winters bring real snow and summers run hot and dry, so check on furnace age, swamp cooler vs. AC, and roof condition before writing an offer. Browse the active listings below to see what's currently on the market.
June 2026 · Richfield market
Live from the Utah MLS — what's actually happening in Richfield right now.
Median sale
$200,000
3 closed in June 2026
Median DOM
6 days
listing → contract
Sale-to-list
97.9%
of final list price
Unsold inventory
37
active + pending
55 matching · page 1 of 3
Active listings
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Common questions
About homes under $500k in Richfield.
What does $500K actually buy in Richfield? ▾
At this price point you're typically looking at 3-5 bedroom homes between 1,800 and 3,200 square feet, often with a finished basement, attached two-car garage, and a fenced yard. Newer construction in subdivisions on the south end of town tends to sit in the $400Ks, while updated older homes closer to Main Street and the high school come in lower. Properties with shop space or larger lots push toward the top of the range.
Are most homes under $500K in Richfield move-in ready? ▾
Generally yes. Richfield has a healthy mix of homes built in the 1990s through 2020s in this bracket, and many older properties have been updated with new roofs, HVAC, and kitchens. You'll still find some fixers from the 1960s and 70s priced in the $200Ks and $300Ks if you want a project.
How long do homes in this price range usually stay on the market? ▾
Days-on-market in Richfield runs longer than along the Wasatch Front — often 30 to 90 days for homes under $500K, depending on season and condition. Spring and early summer move fastest. That gives buyers more negotiating room than they'd have in Provo or Lehi.
Is Richfield a reasonable commute to anywhere bigger? ▾
Richfield itself is the regional hub for central Utah, so most residents work locally at the hospital, the college, the school district, or county offices. Cedar City is about 90 minutes south on I-15 via I-70, and Provo is roughly two hours north. It's not a daily Salt Lake commute town.
Do homes under $500K here come with usable land? ▾
Many do. Quarter-acre to half-acre lots are common inside city limits, and just outside town in Glenwood, Annabella, and Elsinore you can find one- to five-acre parcels with homes still under $500K. Water shares and irrigation rights vary parcel to parcel, so that's worth checking on any rural listing.
What should out-of-area buyers know about Richfield winters? ▾
Expect cold nights with lows in the teens and 20s from December through February, daytime highs often in the 30s and 40s, and moderate snow that usually clears off roads quickly. It's drier and sunnier than Park City or Heber, and the valley doesn't get the inversion problems the Wasatch Front deals with.