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Homes Under $500,000 in Fremont, Utah
Fremont is a small ranching community in Wayne County, tucked into a high mountain valley at about 7,000 feet elevation along the Fremont River. The town sits just off Highway 72, roughly 20 minutes north of Loa and within driving distance of Fish Lake, Capitol Reef National Park, and the Boulder Mountain plateau. Population hovers around 200, and the housing stock is a mix of older farmhouses on irrigated acreage, modest stick-built homes, manufactured homes on rural lots, and the occasional newer cabin built as a recreation property. Under $500K is the realistic working range here — the majority of what trades in Fremont falls below that number, with only larger acreage parcels or fully remodeled homes pushing above it.
Buyers shopping this price band are usually after one of three things: a primary residence with room for horses, hay ground, or a shop; a second home for fishing, hunting, ATV, and snowmobile access; or a small piece of Wayne County to retire on. Winters are real at this elevation — expect snow from November into April — and most properties rely on well water, septic, propane heat, and wood stoves. Cell service is spotty, and high-speed internet has improved with fixed wireless and Starlink but is worth verifying before you write an offer. Browse the active listings below to see what's currently available under $500K in Fremont and the surrounding Wayne County area.
August 2025 · Fremont market
Live from the Utah MLS — what's actually happening in Fremont right now.
Median sale
$400,000
1 closed in August 2025
Median DOM
132 days
listing → contract
Sale-to-list
100.8%
of final list price
Unsold inventory
—
active + pending
3 matching · page 1 of 1
Active listings
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Common questions
About homes under $500k in Fremont.
What does $500K actually buy in Fremont? ▾
At this price point you can typically get a 3-bedroom home on anywhere from a half-acre to several acres, often with outbuildings, irrigation shares, or pasture. Older farmhouses and well-kept manufactured homes on land tend to sit in the $250K–$400K range, while newer builds or remodeled homes with acreage push toward the $500K ceiling.
Are most Fremont homes on well and septic? ▾
Yes. Fremont doesn't have municipal water or sewer service for most properties, so private wells and septic systems are the norm. Ask for well logs, recent water tests, and septic inspection records during due diligence, and confirm whether the property carries irrigation water shares separately from the culinary well.
Can I get a conventional mortgage on a Fremont property? ▾
Conventional and USDA Rural Development loans both work in Fremont, and USDA is popular here because the entire area qualifies as rural. Manufactured homes need to be on a permanent foundation and titled as real property to finance conventionally. Cabins, off-grid setups, and homes with significant acreage sometimes require a portfolio or land-home lender.
Is Fremont a good fit for a recreation property? ▾
It's one of the better basecamps in southern Utah for outdoor use. Fish Lake is about 25 minutes away, the Paiute and Great Western ATV trail systems run nearby, and Capitol Reef is under an hour. Many sub-$500K buyers here are picking up second homes specifically for hunting units, snowmobiling on Boulder Mountain, or summer fishing.
What are winters like at this elevation? ▾
Fremont sits around 7,000 feet, so winters are cold and snowy — overnight lows regularly drop below zero in January, and snow accumulation on the ground from December through March is normal. Plan for plowing, freeze-proof plumbing, and a reliable heat source. Most homes use propane furnaces backed up by wood stoves.
How many homes are usually for sale in Fremont under $500K? ▾
Inventory is thin — Fremont is a small town, so it's common to see only a handful of active listings at any given time, and sometimes fewer. The listings shown below update directly from the Wasatch Front Regional MLS and Washington County MLS feeds, so what you see is the current real-time picture.