bds
|
ba
|
sqft
ac lot
|
car garage
|
|
Homes Under $500,000 in Tooele, Utah
Tooele still functions as the release valve for Salt Lake County's pricing pressure, and homes under $500K here prove it. Drive twenty-five minutes up SR-36 into Erda or Stansbury Park and half-acre lots with three-car garages sit at prices that buy a townhome in Sandy. The bulk of the inventory in this range runs newer construction in Overlake, Sky Ridge, and the Deseret Peak-facing subdivisions on the north side, alongside older but well-kept ranch and split-level homes closer to Vine Street and the historic downtown grid. Buyers commuting to Tooele Army Depot, the Miller Motorsports/UMC corridor, or the Kennecott and Rio Tinto operations find the drive manageable, while remote workers use the valley's lower cost of living to stretch a paycheck further than anywhere on the Wasatch Front.
What $500K buys shifts fast depending on lot size and age. New builds in Stansbury Park and Erda tend to sit at the top of the range with 2,200-3,000 square feet and modern finishes, while resale homes in Tooele City proper or Grantsville often come in well under budget with more land and mature landscaping. Winters bring real snow and inversion days, so buyers should factor in heating costs and driveway maintenance that don't come up in St. George listings. Browse the active listings below to see what's currently on the market.
July 2026 · Tooele market
Live from the Utah MLS — what's actually happening in Tooele right now.
Median sale
$427,500
37 closed in July 2026
Median DOM
65 days
listing → contract
Sale-to-list
99.5%
of final list price
Unsold inventory
207
active + pending
140 matching · page 5 of 6
Active listings
Prefer the map?
See all 140 homes under $500k on a map
Pan around Tooele and refine by drawing your own boundary.
Common questions
About homes under $500k in Tooele.
What kind of home does $500K buy in Tooele right now? ▾
In most Tooele neighborhoods, $500K puts you into a 3-4 bedroom single-family home built in the last 20 years, often around 2,000-2,800 finished square feet on a quarter-acre lot. Older homes near Vine Street and the historic downtown can come in well under that number, while newer builds in Overlake or Stansbury Park tend to push closer to the cap.
Is Tooele a reasonable commute to Salt Lake City? ▾
Yes — it's roughly 35 miles to downtown Salt Lake via I-80, typically 40-50 minutes outside of rush hour. Many buyers priced out of the Salt Lake Valley land in Tooele specifically because they can keep a SLC job and still afford a detached home with a yard.
Which Tooele neighborhoods have the most inventory under $500K? ▾
Overlake on the north end of town is the largest pool of sub-$500K homes, with a mix of 2000s and 2010s builds. Stansbury Park and Lake Point (technically just outside city limits) also show up regularly in this price band, along with older established streets near Tooele High School.
Are there new construction options in Tooele under $500K? ▾
There are, though the window has tightened. Builders in Overlake, Stansbury Park, and Erda still release base-model floor plans in the $440K-$490K range, usually 3-bed townhomes or smaller single-family plans. Lot premiums and upgrades push many finished homes past $500K, so the early-phase releases are where the value sits.
How are property taxes and HOAs in Tooele? ▾
Tooele County property tax rates run roughly 0.6-0.75% of assessed value, in line with most of Utah. HOA fees vary widely — older neighborhoods have none, while newer Overlake and Stansbury Park subdivisions typically charge $30-$80 per month for common-area maintenance.
Does $500K get you a home with a finished basement here? ▾
Often, yes. Tooele buyers expect basements, and many homes in the $425K-$500K range either come with a finished basement or are set up for an easy owner finish. It's one of the reasons the city stays popular with growing families — you get usable square footage that's hard to match at the same price closer to Salt Lake.