Homes Under $300,000 in Torrey, Utah
Torrey sits at the junction of Highway 12 and Highway 24, a few miles from the entrance to Capitol Reef National Park, and it's about as small-town Wayne County as Utah gets — a few hundred year-round residents, a school district (Wayne County) that still runs one K-12 campus in Bicknell, and a local economy built on ranching, guiding, and tourism. Homes under $300K here are not the norm anymore; land and construction costs have pushed most new-build listings well past that mark, so what shows up in this range tends to be older ranch homes on smaller in-town lots, manufactured homes on owned land, cabins needing some work, or vacant parcels with a modest structure already on them. Buyers who find something in this bracket are usually looking at Bicknell, Teasdale, or the edges of Torrey proper rather than the highway-front parcels closest to the park entrance, where view lots and short-term-rental-zoned land command a premium.
Water rights and septic systems matter more here than in a typical subdivision purchase — Torrey and its neighboring towns run on private wells or small community water shares, and a low listing price sometimes reflects an aging septic system or a well that needs testing, so budget for an inspection that actually checks those systems rather than just the house. Winters bring real snow and temperatures that drop into the teens, which affects heating costs in older homes without updated insulation. Because inventory turns over slowly in a town this size, a home priced under $300K can move fast or sit for months depending on condition and whether it has any rental history. Browse the active listings below to see what's currently on the market.
August 2026 · Torrey market
Live from the Utah MLS — what's actually happening in Torrey right now.
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Active listings
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Common questions
About homes under $300k in Torrey.
How many homes under $300K are usually available in Torrey? ▾
Inventory is very limited — often just a handful of listings at any given time, and sometimes zero. Wayne County is one of Utah's least populated counties, and Torrey itself has only a few hundred year-round residents, so new listings under $300K can sit for weeks or move quickly depending on the season.
What kind of property can I actually get for under $300K here? ▾
Expect older manufactured homes, small cabins, park models, or modest fixer-uppers on smaller lots. Newer stick-built homes and anything with red rock views typically push past $400K. Some units in nightly-rental developments occasionally fall in this range as well.
Can I use a sub-$300K Torrey property as a short-term rental? ▾
Sometimes, but not always. Torrey town and Wayne County both regulate nightly rentals, and only certain zones and developments allow them. Always confirm with the town or county planning office before purchasing with rental income in mind.
Are most of these homes on well and septic? ▾
Many properties outside Torrey town limits run on private wells and septic systems, while homes inside town may connect to municipal water. Propane is the standard for heating since natural gas service is limited in this part of Wayne County.
What financing works best at this price point in Torrey? ▾
Conventional loans work for stick-built homes in good condition. Manufactured homes — especially older ones on leased land or without permanent foundations — can be harder to finance, so cash or specialty manufactured-home lenders are common. USDA Rural Development loans are also worth asking about here.
How far is Torrey from major services and the closest airport? ▾
Richfield is about an hour northwest for groceries, hospital care, and a Walmart. The closest commercial airport is Cedar City (about 2.5 hours) or Salt Lake City International at roughly 3.5 hours. St. George is about 3 hours southwest.