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Salt Lake City, Utah

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 15 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.

  • Hoffman Heights

    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
  • Rose Park

    Sold (24 mo)
    29
    Median sale
    $457,000
    Typical size
    1,557 sq ft
    Built
    1954
    HOA / mo
    —
    For sale now
    0
  • Regency On 9Th Community

    Sold (24 mo)
    22
    Median sale
    $453,000
    Typical size
    1,640 sq ft
    Built
    2025
    HOA / mo
    $170
    For sale now
    0
  • Glendale Gardens

    Sold (24 mo)
    17
    Median sale
    $389,000
    Typical size
    900 sq ft
    Built
    1951
    HOA / mo
    —
    For sale now
    1 · $395,000
  • Graystone Condos

    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
  • Towne Park Condominiums

    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
  • Zions Summit Condo

    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
  • American Towers Condm

    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
  • Bonnelville Towers

    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
  • Incline Terrace

    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
  • Gladhouse Phase II

    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
  • Belvedere Condominiums

    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
  • Westpointe

    Sold (24 mo)
    12
    Median sale
    $470,000
    Typical size
    1,810 sq ft
    Built
    1988
    HOA / mo
    —
    For sale now
    1 · $499,999
  • Burlington

    Sold (24 mo)
    12
    Median sale
    $358,000
    Typical size
    1,170 sq ft
    Built
    1948
    HOA / mo
    —
    For sale now
    1 · $399,900
  • All Seasons

    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.

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.