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Homes Under $500,000 in Salem, Utah
Under $500,000 in Salem is mostly new townhomes. There are 59 listings, with a median asking price of $415,000. Over the last 12 months, 237 sold in this range at a median of $411,000.
Viridian sells the most, followed by Summer Springs and Haven Oaks.
59 matching · page 2 of 3
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Utah MLS data · updated Nov 5, 2026
Salem homes under $500K by the numbers
Today's listings plus closed sales recorded in the MLS, each home counted once. Medians, not averages, so one outlier can't skew them.
- For sale now
- 59
- median ask $415,000
- Median sale, last 12 mo
- $411,000
- 237 sold · +0.6% vs prior year
- Price per sq ft
- $198
- median of closed sales · typical 1,806 sq ft
- HOA dues
- $114/mo
- median · 97% of listings have dues
Over the last 12 months, 237 homes under $500K sold in Salem, taking a median of 28 days to go under contract and closing at 100% of the final list price.
What's for sale
Today's 59 listings by type.
- Townhomes 51 (86%)
- Single-family homes 8 (14%)
By budget
How today's asking prices spread out.
- Under $400K 24
- $400K–$600K 35
- $600K–$800K 0
- $800K–$1.2M 0
- $1.2M and up 0
Homes under $500K by neighborhood
Closed sales over the last 24 months, plus what's listed today. Click a name for that neighborhood's page.
-
- Sold (24 mo)
- 227
- Median sale
- $405,000
- Typical size
- 2,205 sq ft
- Built
- 2025
- HOA / mo
- $114
- For sale now
- 14 · $369,990–$499,990
-
- Sold (24 mo)
- 54
- Median sale
- $398,000
- Typical size
- 1,764 sq ft
- Built
- 2025
- HOA / mo
- $136
- For sale now
- 0
-
- Sold (24 mo)
- 37
- Median sale
- $420,000
- Typical size
- 1,885 sq ft
- Built
- 2025
- HOA / mo
- $104
- For sale now
- 1 · $390,000
-
- Sold (24 mo)
- 30
- Median sale
- $430,000
- Typical size
- 2,509 sq ft
- Built
- 2025
- HOA / mo
- $157
- For sale now
- 6 · $429,900–$439,900
-
- Sold (24 mo)
- 24
- Median sale
- $395,000
- Typical size
- 1,407 sq ft
- Built
- 2025
- HOA / mo
- $204
- For sale now
- 5 · $375,900–$405,200
-
- Sold (24 mo)
- 11
- Median sale
- $420,000
- Typical size
- 2,365 sq ft
- Built
- 2025
- HOA / mo
- $105
- For sale now
- 5 · $381,990–$420,600
-
- Sold (24 mo)
- 10
- Median sale
- $450,000
- Typical size
- 1,776 sq ft
- Built
- 2026
- HOA / mo
- $98
- For sale now
- 13 · $374,990–$489,990
-
- Sold (24 mo)
- 6
- Median sale
- $314,000
- Typical size
- 1,196 sq ft
- Built
- 2017
- HOA / mo
- $259
- For sale now
- 2 · $299,000–$330,000
-
- Sold (24 mo)
- 5
- Median sale
- $477,000
- Typical size
- 1,672 sq ft
- Built
- 2026
- HOA / mo
- $85
- For sale now
- 8 · $369,663–$488,980
-
- Sold (24 mo)
- 5
- Median sale
- $375,000
- Typical size
- 1,843 sq ft
- Built
- 2017
- HOA / mo
- —
- For sale now
- 0
Median sale is shown only where at least 5 homes sold. HOA dues are the median monthly fee (yearly dues divided by 12) and can change, so confirm the amount and what it covers with the association. "Built" is the median year built.
Homes Under $500K nearby
Common questions
About homes under $500k in Salem.
Can you buy a home in Salem for under $500,000? ▾
Yes, mostly new townhomes at Viridian. There are 59 listings at or under $500,000 today.