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Homes Under $300,000 in Riverton, Utah
Riverton's median home price sits well north of $500,000, so anything under $300,000 in this Salt Lake County city is a narrow slice of the market. What you'll typically find at this price point are condos and townhomes in developments like Trapper's Landing or Reflections at Riverton Park, older manufactured homes on owned land, or the occasional fixer-upper on a smaller lot in one of Riverton's original grid neighborhoods near 12600 South. Detached single-family homes under $300K are rare and usually move fast when they hit the MLS, often needing cosmetic work or carrying HOA restrictions worth reading closely.
Buyers chasing this price range in Riverton are often first-time purchasers priced out of the detached market, or investors looking at rental potential near the TRAX Red Line extension and the growing retail corridor along Bangerter Highway. Commute distance matters here too — Riverton sits about 25 minutes from downtown Salt Lake City without traffic, and closer to Draper's tech corridor, which keeps demand steady even for entry-level units. Because inventory this affordable turns over quickly, it helps to have financing pre-approved and a clear sense of which condo HOAs allow rentals if that's part of your plan. Browse the active listings below to see what's currently on the market.
August 2026 · Riverton market
Live from the Utah MLS — what's actually happening in Riverton right now.
Median sale
$550,000
27 closed in August 2026
Median DOM
29 days
listing → contract
Sale-to-list
98.9%
of final list price
Unsold inventory
110
active + pending
1 matching · page 1 of 1
Active listings
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Common questions
About homes under $300k in Riverton.
Can you actually buy a single-family house in Riverton for under $300K? ▾
It happens, but it's uncommon and usually involves an older manufactured home, a fixer needing significant repairs, or a probate/estate sale. Most inventory under $300K right now is townhomes or condos rather than detached houses.
What kind of properties show up under $300K in Riverton? ▾
Expect attached townhomes and condos, some with HOA dues in the $150-300/month range, plus the occasional manufactured home on a small lot. These are concentrated in older pockets of the city rather than the newer developments near Rosecrest and South Mountain.
Is this a good price range for first-time buyers in Riverton? ▾
It's realistic if you're open to a townhome or condo and using an FHA, VA, or USDA loan with a low down payment. Riverton still gives you Jordan School District boundaries and easy access to Bangerter Highway and I-15 at this price, which is hard to match elsewhere in the south valley.
How fast do homes under $300K in Riverton sell? ▾
Quickly — this price band typically draws multiple offers within the first week or two because so few options exist below the city's median. Buyers who aren't pre-approved before touring often lose out to those who are.
Are there HOA fees or restrictions I should expect? ▾
Most townhomes and condos in this range carry an HOA that covers exterior maintenance, landscaping, and sometimes a shared pool or clubhouse. Read the HOA docs carefully since fees and rules vary a lot between complexes near Redwood Road versus those closer to 13400 South.
Should I consider nearby cities if Riverton's under-$300K inventory is too thin? ▾
Some buyers widen their search to West Valley, Herriman's older sections, or unincorporated areas near Bluffdale where a bit more detached housing exists at this price. It's worth comparing commute times and school boundaries before ruling Riverton out entirely, though, since new listings do surface here regularly.