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Homes Under $300,000 in Springville, Utah
Springville sits in southern Utah County between Provo and Spanish Fork, with Mapleton and the Wasatch bench right at its back door. Homes under $300K here have gotten harder to find over the last few years as the county's growth has pushed median prices well past that mark, but they still turn up — mostly older brick ranches near Main Street and 400 South, smaller patio homes and townhomes in the newer developments off 1600 South, and the occasional fixer on a larger lot closer to the historic downtown. Condos and attached homes in complexes like those near the Spanish Fork river bottoms or along Canyon Road make up a good share of what's actually available under this price point right now.
This price range matters in Springville because it's often the entry point for first-time buyers who work in Provo, Orem, or the tech corridor along the I-15 frontage but can't stomach Provo's per-square-foot pricing. Buyers here trade a bit of square footage or a shared wall for a short commute, access to Springville Junior High and Springville High, and proximity to Hobble Creek Golf Course and the trailheads up Provo Canyon. Expect smaller lots, HOA dues on many of the attached properties, and a real chance you'll be competing with other offers if a detached home hits this range. Browse the active listings below to see what's currently on the market.
July 2026 · Springville market
Live from the Utah MLS — what's actually happening in Springville right now.
Median sale
$408,000
22 closed in July 2026
Median DOM
50 days
listing → contract
Sale-to-list
98.6%
of final list price
Unsold inventory
144
active + pending
33 matching · page 1 of 2
Active listings
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Common questions
About homes under $300k in Springville.
What kind of home can I actually get in Springville under $300K? ▾
At this price point in Springville, expect older townhomes, condos, manufactured homes on owned land, or small single-family starters built in the 1950s-1970s that need updates. True detached single-family homes under $300K are rare and usually sell within days. Most active inventory in this range falls between 800 and 1,400 square feet.
Are there any new-construction options under $300K here? ▾
New detached construction in Springville generally starts well above $400K, so under $300K you're looking at attached product — townhomes and condos in developments off 400 South, near the Spring Creek area, or closer to the Provo border. Some builders occasionally release smaller two-bedroom townhomes that land just under the cap.
How fast do sub-$300K listings move in Springville? ▾
Quickly. Anything livable under $300K in Utah County tends to go under contract in under two weeks, often with multiple offers. Setting up an instant MLS alert and being ready to tour the same day a listing hits is the realistic way to compete.
What are property taxes and HOA fees like at this price? ▾
Utah County property tax runs roughly 0.55-0.65% of assessed value, so a $290K home is typically $1,600-$1,900 a year. Townhome and condo HOAs in Springville commonly fall between $150 and $275 a month, which covers exterior maintenance, landscaping, and sometimes water.
Is Springville a good fit for first-time buyers or investors at this price? ▾
Both. First-time buyers like the proximity to I-15, Nebo School District, and the 15-minute commute to Provo employers like IHC and the universities. Investors target the same listings for long-term rentals since BYU and UVU students and young families keep rental demand steady.
Do FHA, VA, and Utah Housing loans work on these properties? ▾
Yes, and they're the most common financing routes in this price band. FHA needs 3.5% down, VA needs nothing down for eligible veterans, and Utah Housing's first-time buyer programs can pair with down payment assistance. Just confirm condo projects are FHA/VA approved before writing — not all Springville complexes are.