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Homes Under $300,000 in Draper, Utah
Draper sits at the south end of the Salt Lake Valley where Interstate 15 meets Bangerter Highway, with tech employers like eBay, Pluralsight, and the Silicon Slopes corridor just minutes away. That job base, plus Corner Canyon trails and the Draper Canyon Rim hiking system, has pushed the median single-family price well above $700K, so anything under $300K in this city is going to be a condo, townhome, or small attached unit rather than a detached house with a yard. Most sub-$300K inventory shows up in communities like SunCrest's lower-tier condos, the older South Mountain townhomes, and a handful of one-bedroom flats near Draper Parkway and Pioneer Road.
For buyers, the tradeoff is straightforward: you get a Draper address, Canyons School District boundaries (Oak Hollow, Draper Elementary, Corner Canyon High depending on the pocket), and quick TRAX access at the Draper Town Center and Crescent View stations, but square footage will usually land between 600 and 1,200 sq ft with an HOA covering the exterior. Inventory at this price point moves fast — there are often fewer than ten active listings citywide on any given week, and FHA-approved complexes tend to draw multiple offers within days. If you're flexible on layout and willing to consider an HOA community, Draper under $300K is workable; if you need a yard and garage, you'll likely need to stretch the budget or look at Riverton or Herriman. Browse the active listings below to see what's currently on the market.
June 2026 · Draper market
Live from the Utah MLS — what's actually happening in Draper right now.
Median sale
$799,625
31 closed in June 2026
Median DOM
3 days
listing → contract
Sale-to-list
97.8%
of final list price
Unsold inventory
196
active + pending
3 matching · page 1 of 1
Active listings
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Common questions
About homes under $300k in Draper.
What kind of homes can I actually get in Draper under $300K? ▾
Almost exclusively condos and townhomes, plus a few manufactured homes in the older 12300 South corridor. Expect 1-2 bedrooms, 700-1,200 square feet, and HOA dues in the $150-$300/month range. Detached single-family homes on their own lot in Draper rarely list below $450K anymore.
Which Draper neighborhoods have the most sub-$300K inventory? ▾
The condo complexes along Pioneer Road, 1300 East, and near the Draper Town Center TRAX station produce the most listings in this range. SunCrest, Suncrest Ridge, and anything east of I-15 on the bench are well above this price point.
Are HOA fees a big factor at this price? ▾
Yes — since almost everything under $300K is attached housing, HOA dues are part of every offer. Most Draper condo HOAs cover exterior maintenance, landscaping, trash, and sometimes water. Read the HOA financials and reserve study before closing; a healthy reserve fund matters more than the monthly number.
How fast do homes under $300K sell in Draper? ▾
Quickly. Entry-level condos in Draper typically go under contract within 3-10 days, often with multiple offers when priced right. Having a lender letter ready and the ability to tour within 24 hours of a new listing is usually what wins.
Will FHA and VA loans work in Draper condo complexes? ▾
Some complexes are FHA/VA approved and some aren't — it depends on owner-occupancy ratios, HOA litigation status, and reserve funding. Before writing on a condo, have your lender pull the project approval status. Conventional financing with 3-5% down is the safer bet in unapproved projects.
Is it smarter to buy a small Draper condo or a larger home in Riverton or Bluffdale at this price? ▾
Depends on commute and lifestyle. Under $300K in Riverton or Herriman can sometimes get you a townhome with a small yard, while Draper at the same price buys location and TRAX access. If you work in Silicon Slopes or downtown SLC and want transit, Draper wins; if you need square footage and a garage, look slightly south or west.