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Homes Under $500,000 in Sevier, Utah
Sevier County sits in the middle of Utah along the I-70/I-15 corridor, with Richfield as the county seat and smaller towns like Salina, Monroe, Aurora, and Joseph spread across the valley. Compared to the Wasatch Front, prices here are still grounded — under $500K covers a wide swath of the market, from older brick ramblers on big in-town lots to newer builds in subdivisions on the edges of Richfield, plus the occasional small-acreage property with outbuildings or pasture. Buyers moving from Salt Lake, Utah County, or out of state are often surprised at what their budget covers: 3- to 5-bedroom homes, two-car garages, and yards measured in fractions of an acre rather than feet.
The draw is a mix of lifestyle and economics. Sevier sits at about 5,300 feet, so you get four real seasons without the harsh winters of the high country, and Fishlake National Forest, the Paiute ATV Trail, and Big Rock Candy Mountain are all close enough for weekend use. Sevier School District serves the area, Sevier Valley Hospital is in Richfield, and major employers include the school district, the hospital, and the mining and trucking operations along I-70. Inventory under $500K moves at a steadier pace than the bigger metros — fewer bidding wars, more room to negotiate inspection items. Browse the active listings below to see what's currently on the market in Richfield and the surrounding Sevier County towns.
June 2025 · Sevier market
Live from the Utah MLS — what's actually happening in Sevier right now.
Median sale
$390,000
1 closed in June 2025
Median DOM
54 days
listing → contract
Sale-to-list
111.4%
of final list price
Unsold inventory
—
active + pending
3 matching · page 1 of 1
Active listings
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Common questions
About homes under $500k in Sevier.
What does $500K actually buy in Sevier County right now? ▾
In Richfield and Salina, that budget typically lands you a 3- to 4-bedroom home between 1,800 and 3,000 finished square feet, often with a two-car garage and a yard on a quarter-acre or larger. Stretch toward the smaller towns like Monroe, Joseph, or Aurora and you can sometimes pick up a home on a half-acre to an acre, or an older property with shop space.
Are there newer-construction homes available under $500K? ▾
Yes. Several subdivisions around Richfield have delivered new builds in the high $300Ks to mid $400Ks over the past couple of years, usually 3-bed/2-bath floor plans on smaller lots. Custom builds on acreage typically run above $500K once you factor in land, well, and septic.
How does Sevier compare to other central Utah counties on price? ▾
Sevier tends to price below Iron County (Cedar City) and well below Washington County (St. George), and it's roughly comparable to Sanpete and Millard counties. Buyers priced out of the Wasatch Front often find Sevier offers the most house per dollar within a two-hour drive of Provo.
What property taxes should I expect? ▾
Sevier County property taxes are among the lower rates in Utah. On a $400K primary residence with the owner-occupied exemption, annual taxes typically land in the $1,400–$1,800 range. Non-primary or second-home status removes the exemption and roughly doubles that figure.
Is financing straightforward in this price range? ▾
Conventional, FHA, VA, and USDA loans are all in play here — much of Sevier County outside Richfield city limits qualifies for USDA rural financing, which allows zero down for eligible buyers. Local lenders in Richfield are familiar with these programs and close them regularly.
How long do homes under $500K typically sit on the market? ▾
Days-on-market in Sevier runs longer than the Wasatch Front — often 45 to 90 days for well-priced homes, longer for properties needing updates. That gives buyers real time to do inspections, negotiate repairs, and avoid the rushed offers common in busier markets.