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Homes Under $500,000 in Roosevelt, Utah
Roosevelt sits at the heart of the Uinta Basin, about two and a half hours from downtown Salt Lake City and just minutes from Lake Village on the Uinta River. Oil and gas work through Uintah and Duchesne counties, along with the Ute Indian Tribe's presence and Basin Clinic and Duchesne County jobs, keep the local economy steady and housing demand real rather than speculative. That combination of a working-class economy and a smaller population base keeps prices well below the Wasatch Front, which is exactly why $500K goes so much further here. In Roosevelt, that budget can land you a newer build on a quarter-acre lot, a 4-bedroom rambler with a shop, or an updated home close to Union High School and Roosevelt Elementary.
Most of what moves under $500K here are single-family homes built from the 1990s through today, ranging from 1,400 to 2,800 square feet, often with garages, RV parking, or a few acres for animals — practical for a region where trucks, trailers, and side work are part of daily life. Winters run cold with real snow, so buyers should expect homes built for it: good furnaces, insulated garages, and driveways wide enough for plowing. New construction on the edges of town has picked up in recent years, giving buyers a mix of resale value and modern layouts within this price range. Browse the active listings below to see what's currently on the market.
July 2026 · Roosevelt market
Live from the Utah MLS — what's actually happening in Roosevelt right now.
Median sale
$442,500
8 closed in July 2026
Median DOM
159 days
listing → contract
Sale-to-list
98.6%
of final list price
Unsold inventory
40
active + pending
61 matching · page 1 of 3
Active listings
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Common questions
About homes under $500k in Roosevelt.
What kind of home can I actually get under $500K in Roosevelt? ▾
Quite a bit, honestly. Roosevelt's price point runs well below the Wasatch Front, so $500K often buys a newer 4-bedroom on a quarter-acre or larger, a rural property with outbuildings, or an updated older home in town. Lot sizes tend to be generous compared to what the same money buys in Utah or Salt Lake County.
Are most homes in Roosevelt already under $500K? ▾
Yes — the majority of single-family listings in Roosevelt and the surrounding Duchesne County area fall under the $500K mark. Homes pushing past that number usually involve significant acreage, water shares, shop buildings, or new construction on the edge of town.
What neighborhoods should I look at in this price range? ▾
In-town Roosevelt around 200 East and the areas near Union High School have established homes, often on larger lots than you'd expect. Outlying areas toward Ballard, Neola, and Myton bring in rural acreage parcels. Each has different well, septic, and irrigation considerations worth checking before you write an offer.
Is Roosevelt a buyer's market or a seller's market right now? ▾
Roosevelt's market tracks closely with oil and gas activity in the Uinta Basin, which means inventory and demand can swing more than in other parts of Utah. When drilling is active, homes move quickly; during slower cycles, buyers have more negotiating room. Days-on-market here are typically longer than along the Wasatch Front.
Do USDA loans work in Roosevelt? ▾
Yes — most of Roosevelt and nearly all surrounding Duchesne County addresses qualify for USDA Rural Development financing, which allows 0% down for eligible buyers under income limits. That's a real advantage at this price point and worth asking your lender about before you start touring.
What about property taxes and utilities out here? ▾
Duchesne County property tax rates are lower than most Wasatch Front counties. Many homes use propane for heat rather than natural gas, and rural properties often run on well and septic instead of city utilities — budget accordingly for maintenance and occasional propane fills.