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Homes Under $500,000 in Richfield, Utah
Richfield sits at the crossroads of Highway 89 and I-70 in Sevier County, about two and a half hours south of Salt Lake City, and it's long been the trade hub for south-central Utah. That location, combined with a lower cost base than the Wasatch Front or the Washington County market down in St. George, means $500K still buys real room here — think 3-4 bedroom homes on a quarter acre or more, several with shop space or RV parking, in neighborhoods within a few minutes of Sevier Valley Hospital, the Sevier School District campuses, and the Richfield High football field. Older brick homes near downtown start well under $300K, while newer construction on the north and east benches, with Fishlake National Forest visible from the yard, tends to land in the $350K-$500K range.
Buyers relocating for jobs at the hospital, the college extension campus, or the ag and trucking businesses that run through Sevier County find that this price band covers most of what's actually listed in town — Richfield doesn't have a large luxury inventory, so under $500K isn't a compromise category here, it's the market itself. Winters bring real snow off the Pahvant Range and summers stay comfortably drier than St. George, which keeps utility costs and landscaping demands lower than southern Utah's red-rock cities. Browse the active listings below to see what's currently on the market in this range.
August 2026 · Richfield market
Live from the Utah MLS — what's actually happening in Richfield right now.
Median sale
$235,000
3 closed in August 2026
Median DOM
31 days
listing → contract
Sale-to-list
91.0%
of final list price
Unsold inventory
42
active + pending
61 matching · page 2 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.