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Homes Under $500,000 in Salt Lake City, Utah
Under $500,000 in Salt Lake City buys a condo, a townhome or a smaller older house. There are 408 homes for sale at or under $500,000 right now, with a median asking price of $385,000. Over the last 12 months, 1,036 sold in this range at a median of $395,000.
Single-family homes in this range are mostly on the west side, in Rose Park, Glendale and Poplar Grove, while condos and new townhomes such as Regency on 9th and Gladhouse fill the rest. See Salt Lake City condos and townhomes.
408 matching · page 1 of 17
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Utah MLS data · updated Nov 8, 2026
Salt Lake City 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
- 408
- median ask $385,000
- Median sale, last 12 mo
- $395,000
- 1,036 sold · +0% vs prior year
- Price per sq ft
- $306
- median of closed sales · typical 1,110 sq ft
- HOA dues
- $345/mo
- median · 65% of listings have dues
Over the last 12 months, 1,036 homes under $500K sold in Salt Lake City, taking a median of 27 days to go under contract and closing at 99.8% of the final list price.
What's for sale
Today's 408 listings by type.
- Condos 188 (46%)
- Single-family homes 136 (33%)
- Townhomes 45 (11%)
- Other 37 (9%)
- Multi-family 2 (0%)
By budget
How today's asking prices spread out.
- Under $400K 248
- $400K–$600K 160
- $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)
- 90
- Median sale
- $397,000
- Typical size
- 1,248 sq ft
- Built
- 1956
- HOA / mo
- —
- For sale now
- 10 · $369,900–$475,000
-
- Sold (24 mo)
- 29
- Median sale
- $457,000
- Typical size
- 1,557 sq ft
- Built
- 1954
- HOA / mo
- —
- For sale now
- 0
-
- Sold (24 mo)
- 22
- Median sale
- $453,000
- Typical size
- 1,640 sq ft
- Built
- 2025
- HOA / mo
- $170
- For sale now
- 0
-
- Sold (24 mo)
- 17
- Median sale
- $389,000
- Typical size
- 900 sq ft
- Built
- 1951
- HOA / mo
- —
- For sale now
- 1 · $395,000
-
- Sold (24 mo)
- 17
- Median sale
- $384,000
- Typical size
- 1,386 sq ft
- Built
- 1964
- HOA / mo
- $255
- For sale now
- 1 · $350,000
-
- Sold (24 mo)
- 16
- Median sale
- $302,000
- Typical size
- 896 sq ft
- Built
- 1983
- HOA / mo
- $618
- For sale now
- 6 · $297,531–$379,000
-
- Sold (24 mo)
- 15
- Median sale
- $400,000
- Typical size
- 1,075 sq ft
- Built
- 1976
- HOA / mo
- $641
- For sale now
- 3 · $299,900–$389,900
-
- Sold (24 mo)
- 15
- Median sale
- $405,000
- Typical size
- 1,373 sq ft
- Built
- 1982
- HOA / mo
- $884
- For sale now
- 2 · $449,000–$475,000
-
- Sold (24 mo)
- 13
- Median sale
- $335,000
- Typical size
- 1,141 sq ft
- Built
- 1964
- HOA / mo
- $765
- For sale now
- 7 · $357,500–$435,000
-
- Sold (24 mo)
- 13
- Median sale
- $340,000
- Typical size
- 900 sq ft
- Built
- 1972
- HOA / mo
- $245
- For sale now
- 7 · $219,900–$350,000
-
- Sold (24 mo)
- 12
- Median sale
- $420,000
- Typical size
- 1,238 sq ft
- Built
- 2025
- HOA / mo
- $246
- For sale now
- 2 · $375,000–$400,000
-
- Sold (24 mo)
- 12
- Median sale
- $326,000
- Typical size
- 553 sq ft
- Built
- 1919
- HOA / mo
- $290
- For sale now
- 2 · $274,900–$375,000
-
- Sold (24 mo)
- 12
- Median sale
- $470,000
- Typical size
- 1,810 sq ft
- Built
- 1988
- HOA / mo
- —
- For sale now
- 1 · $499,999
-
- Sold (24 mo)
- 12
- Median sale
- $358,000
- Typical size
- 1,170 sq ft
- Built
- 1948
- HOA / mo
- —
- For sale now
- 1 · $399,900
-
- Sold (24 mo)
- 11
- Median sale
- $60,000
- Typical size
- 1,023 sq ft
- Built
- 1999
- HOA / mo
- $1,035
- For sale now
- 6 · $50,000–$110,000
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 Salt Lake City.
Can you buy a house in Salt Lake City for under $500,000? ▾
Yes, mostly smaller older homes on the west side, plus condos and townhomes. There are 408 listings at or under $500,000 today, and homes in this range sold at a median of $395,000 over the last 12 months.
Which Salt Lake City neighborhoods have homes under $500,000? ▾
Rose Park, Glendale and Poplar Grove on the west side have the most single-family sales in this range.
How fast do homes under $500,000 sell in Salt Lake City? ▾
Over the last 12 months, they took a median of 27 days to go under contract and closed at 99.8% of their final list price.