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Homes Under $500,000 in Highland, Utah
Highland sits between Alpine and Lehi at the base of the Wasatch, tucked up against Lone Peak and the mouth of American Fork Canyon. It's one of the more expensive zip codes in Utah County — large lots, no commercial strip, and a residential-only feel are baked into the city's general plan — so homes under $500K are the exception rather than the rule. What you'll typically see at this price are townhomes and condos in the newer attached-product pockets near SR-92 and 11000 North, a handful of older single-family homes on smaller lots from Highland's pre-2000 subdivisions, and the occasional short sale or estate property. With the citywide median sitting well north of $800K, sub-$500K listings tend to move fast.
The upside of buying in this price band here is that you still get the Highland address: Alpine School District boundaries (Lone Peak High, Mountain Ridge Junior High), quick access to Silicon Slopes employers in Lehi and Thanksgiving Point, and roughly 35 minutes to Salt Lake City International. Winters bring real snow against the foothills, summers are dry and mild compared to St. George, and trailheads at Dry Creek and Timpooneke are 15 minutes from most neighborhoods. If you're priced out of detached homes but want the schools and the location, an attached home under $500K is a realistic entry point. Browse the active listings below to see what's currently on the market.
May 2026 · Highland market
Live from the Utah MLS — what's actually happening in Highland right now.
Median sale
$850,000
23 closed in May 2026
Median DOM
13 days
listing → contract
Sale-to-list
97.7%
of final list price
Unsold inventory
78
active + pending
1 matching · page 1 of 1
Active listings
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Common questions
About homes under $500k in Highland.
Are there many homes under $500K in Highland? ▾
Inventory under $500K in Highland is tight. The city's median sits well above that mark, so most options at this price point are townhomes, condos, or smaller single-family homes on modest lots. New listings in this range tend to move within a couple of weeks.
What kind of home can I actually get for under $500K here? ▾
Expect townhomes in communities like The Cove or Highland Cove, older single-level homes built in the 1990s on quarter-acre lots, or the occasional fixer needing updates. Larger 4-bedroom homes with basements in this range are rare and usually need cosmetic work.
Which school district serves Highland? ▾
Highland is part of the Alpine School District. Kids typically attend Highland Elementary, Mountain Ridge Junior High, and Lone Peak High School, all of which carry strong reputations and factor heavily into local home values.
How close is Highland to Silicon Slopes job centers? ▾
Highland sits about 10-15 minutes from Lehi's Silicon Slopes corridor along I-15 and Pioneer Crossing, and roughly 35 minutes to downtown Salt Lake City. The commute access is a big reason prices in this small city stay elevated compared to neighboring areas.
Should I consider nearby cities if nothing under $500K fits? ▾
Yes — Lehi, Saratoga Springs, Eagle Mountain, and parts of American Fork and Pleasant Grove offer more sub-$500K inventory while keeping you close to the same schools, employers, and Wasatch foothill access. Townhomes in those areas often give more square footage for the money.
Are HOA fees common in this price range? ▾
Most homes under $500K in Highland are in townhome or PUD communities with HOA dues, typically running $150-$300 per month. Detached homes without an HOA do exist at this price point but tend to be older and sell quickly.