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Homes Under $300,000 in Loa, Utah
Loa sits at roughly 7,000 feet in the Rabbit Valley, the county seat of Wayne County and the gateway town most people pass through on the way to Capitol Reef National Park. It's a small ranching community — population hovers near 600 — with wide views of Thousand Lake Mountain to the north and Boulder Mountain to the south. Under $300K in Loa generally puts buyers into older single-family homes on town lots, the occasional manufactured home on acreage, or modest fixer-uppers along Main Street and the side roads off SR-24. Inventory is thin by design: this is a town where listings come and go slowly, and a sub-$300K price point is where most of the local activity actually happens.
Buyers drawn to this price range tend to fall into a few camps — retirees wanting a quiet base near Fish Lake and Capitol Reef, remote workers looking for cheap square footage with real seasons, and second-home owners who want a low-maintenance place to leave for months at a time. Winters are cold (nights below zero are normal in January), summers are dry and mild, and the nearest full-service grocery and hospital are in Richfield, about an hour northwest. Water rights, well status, and septic condition matter more here than in a Wasatch Front suburb, so plan on asking pointed questions during due diligence. Browse the active listings below to see what's currently on the market in Loa under $300K.
September 2025 · Loa market
Live from the Utah MLS — what's actually happening in Loa right now.
Median sale
$81,900
1 closed in September 2025
Median DOM
157 days
listing → contract
Sale-to-list
92.0%
of final list price
Unsold inventory
1
active + pending
2 matching · page 1 of 1
Active listings
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Common questions
About homes under $300k in Loa.
How many homes under $300K are typically listed in Loa at any given time? ▾
Loa is a small market — it's common to see only a handful of active listings town-wide, and the sub-$300K segment usually holds two to six properties at a time. Inventory turns over slowly, so setting up MLS alerts is worth doing if nothing on the current list fits.
What kind of home does $300K actually buy in Loa? ▾
At this price you're typically looking at older site-built homes from the 1940s-1980s on in-town lots, manufactured or modular homes (sometimes on an acre or more), and the occasional cosmetic fixer. Newer construction in Loa generally lists above $350K, especially anything with a garage and updated systems.
Are these homes on city water and sewer, or wells and septic? ▾
It's a mix. Homes inside Loa town limits are usually on municipal water and sewer, but properties on the outskirts often rely on private wells and septic systems. Always verify water rights and shares separately — in Wayne County, irrigation water is a real asset and doesn't always convey automatically.
Can I get a conventional mortgage on a sub-$300K home in Loa? ▾
Yes for most site-built homes in decent condition, but manufactured homes (especially pre-1976 or on leased land) can be tougher to finance conventionally. USDA Rural Development loans work well here since all of Wayne County qualifies, and FHA is usable on properties that meet condition standards.
How far is Loa from major services and an airport? ▾
Richfield is about 70 miles northwest and has the nearest hospital, Walmart, and regional airport. Salt Lake City International is roughly a 3.5-hour drive north on I-15. Capitol Reef's visitor center is about 35 minutes east, and Fish Lake is a 30-minute drive.
Is Loa a realistic year-round residence or more of a seasonal spot? ▾
Plenty of people live here full-time — there's a K-12 school, a clinic, grocery, and county offices — but winters are genuinely cold and snowy at this elevation. If you're coming from a lower-elevation climate, plan on heating costs, snow removal, and the reality that you're an hour from a big-box store.