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Homes Under $500,000 in Richfield, Utah
Richfield is the Sevier County seat, sitting at about 5,300 feet in the Sevier Valley along I-70 and US-89, roughly 160 miles south of Salt Lake City. In a market where Wasatch Front buyers often need $600K or more for a single-family home, $500K goes a long way here. Most of what's listed under that number is a traditional single-family house on a quarter-acre or larger lot, and many properties still have room for a shop, garden, or animals. Newer subdivisions on the north and east sides of town sit alongside older brick ramblers near Main Street and the hospital.
Local demand comes from Sevier Valley Hospital, Sevier School District, Snow College's Richfield campus, the Utah Department of Transportation, and agricultural and energy employers across the county. Winters are cold, with lows often in the teens and single digits, while summers run hot and dry with plenty of sun. Fishlake National Forest, Fish Lake, and the Paiute ATV Trail are all within an hour, which is a big draw for outdoor-minded buyers. Because the price ceiling covers most of the local market, condition, lot size, and heating costs often matter more than the budget itself. Browse the active listings below to see what's currently available under $500K in Richfield.
September 2026 · Richfield market
Live from the Utah MLS — what's actually happening in Richfield right now.
Median sale
$329,950
6 closed in September 2026
Median DOM
40 days
listing → contract
Sale-to-list
100.0%
of final list price
Unsold inventory
38
active + pending
59 matching · page 3 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.