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Homes Under $300,000 in Springville, Utah
Springville sits just south of Provo along the I-15 corridor, tucked between the Wasatch Range and Utah Lake. Under $300K is a tight bracket here — the city's median sale price has been running well above that for years, so most of what shows up at this price point is townhomes, condos, manufactured homes on owned land, or the occasional small starter rambler in the older grid east of Main Street. Inventory turns over quickly because this is the price range where first-time buyers, BYU and UVU staff, and downsizers all compete for the same handful of listings. When something legitimately move-in ready hits the market under $300K in Springville, it usually has offers within the week.
What you get for the money depends a lot on product type. Condos and townhomes in communities off 400 South or near the Springville Crossing area tend to dominate the sub-$300K list, often with HOA-covered exteriors and shared amenities. Older detached homes — think 1950s-70s builds near Springville High or the Art City core — show up occasionally but usually need updates. Commute-wise you're about 10 minutes to Provo, 50 to downtown Salt Lake, and a short drive to Hobble Creek Canyon for hiking and the golf course. Browse the active listings below to see what's currently available in this price range.
May 2026 · Springville market
Live from the Utah MLS — what's actually happening in Springville right now.
Median sale
$400,000
29 closed in May 2026
Median DOM
24 days
listing → contract
Sale-to-list
99.0%
of final list price
Unsold inventory
116
active + pending
28 matching · page 2 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.