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Homes Under $300,000 in Torrey, Utah
Torrey sits at roughly 6,800 feet elevation on the western edge of Wayne County, just a few miles from the entrance to Capitol Reef National Park. The town has a full-time population of around 200 people, which keeps the real estate market small and inventory tight. Homes priced under $300,000 in Torrey do exist, but they require some patience — the pool tends to include older ranch-style homes and cabins on modest lots, occasional fixer-uppers with good bones, and raw or partially improved parcels. Because Torrey is genuinely remote (about 220 miles from Salt Lake City and 70 miles from the nearest hospital in Richfield), buyers targeting this price range are usually prioritizing land, quiet, and proximity to red-rock canyon country over urban convenience. Wayne County property taxes run low compared to the Wasatch Front, which helps keep carrying costs manageable on a modestly priced home.
The climate here is a four-season high desert: summers are warm and dry with afternoon temperatures in the mid-80s, winters bring real snow and overnight lows well below freezing, and the area averages around 230 sunny days a year. A sub-$300K budget puts buyers in competitive territory because the town is small enough that even two or three new listings can shift the entire market. Properties at this price point may need roof, HVAC, or well and septic updates — practical due diligence matters more here than in a suburban subdivision with newer construction. Browse the active listings below to see what's currently on the market.
July 2026 · Torrey market
Live from the Utah MLS — what's actually happening in Torrey right now.
Median sale
$170,000
1 closed in July 2026
Median DOM
—
listing → contract
Sale-to-list
100.0%
of final list price
Unsold inventory
8
active + pending
5 matching · page 1 of 1
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.