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Homes Under $500,000 in Cedar Hills, Utah
Cedar Hills is a tucked-away bench community in northern Utah County, sitting at about 4,900 feet against the western slope of Lone Peak and the Timpanogos foothills. It's a small city — roughly four square miles, mostly single-family residential — and the price point reflects that scarcity. The median sale price has hovered well north of $600K for several years, so anything under $500K here represents the more accessible end of the market: townhomes near Canyon Road, smaller patio homes in The Cedars, and a limited supply of older single-family homes built in the late 1990s before the city largely filled in. For buyers who want Alpine School District (Lone Peak High School zoning in particular) without the price tag of American Fork's east bench or Highland's larger lots, this is the value play.
Practical factors matter at this price. Most sub-$500K options carry an HOA if they're attached product, and the older detached homes often need cosmetic updates — original carpet, oak cabinets, white-tile counters. The trade-off is location: SR-92 puts Lehi's Silicon Slopes corridor within a 15-minute drive, the American Fork Canyon trailhead is five minutes east, and the Cedar Hills Golf Club sits right inside city limits. Winters bring real snow at this elevation, so a functional garage and decent furnace age are worth checking. Browse the active listings below to see what's currently on the market under $500K in Cedar Hills.
May 2026 · Cedar Hills market
Live from the Utah MLS — what's actually happening in Cedar Hills right now.
Median sale
$629,000
7 closed in May 2026
Median DOM
8 days
listing → contract
Sale-to-list
98.1%
of final list price
Unsold inventory
23
active + pending
6 matching · page 1 of 1
Active listings
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Common questions
About homes under $500k in Cedar Hills.
How many homes under $500K are typically active in Cedar Hills? ▾
Inventory in this price band is usually limited — often just a handful of listings at any given time, and most are townhomes or twin homes rather than detached single-family. The list refreshes as new properties come on, so it's worth checking back weekly if nothing fits today.
Can I get a detached single-family home in Cedar Hills under $500K? ▾
It happens, but it's rare. Detached listings under $500K are usually older homes (1990s or earlier) that need cosmetic or system updates, or smaller floor plans under 2,500 finished square feet. Most newer detached construction in Cedar Hills trades well above this price.
What types of homes show up most often in this range? ▾
Townhomes and twin homes in developments off Canyon Road and near the golf course make up the bulk of sub-$500K inventory. These typically run 1,800–2,600 square feet with two-car garages and HOA-maintained exteriors.
Which schools serve Cedar Hills homes in this price range? ▾
Cedar Hills is in the Alpine School District. Most neighborhoods feed Deerfield or Westfield Elementary, Mt. Mahogany or American Fork Junior High, and Lone Peak or American Fork High School. Boundaries shift occasionally, so verify the specific school for any address before writing an offer.
Are HOA fees common on Cedar Hills properties under $500K? ▾
Yes — most townhome and twin home communities in this price band carry HOA dues in the $150–$300 per month range, typically covering exterior maintenance, landscaping, and snow removal. A few detached subdivisions also have modest HOAs tied to common areas.
How competitive are offers on sub-$500K listings here? ▾
Because supply is tight and Cedar Hills draws buyers commuting to Lehi tech jobs, well-priced listings under $500K often see multiple offers within the first week. Being pre-approved and ready to tour same-day makes a real difference.