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Homes Under $500,000 in Price, Utah
Price, Utah sits in the Price River Valley at roughly 5,600 feet elevation in Carbon County, about 100 miles southeast of Salt Lake City via US-89 and US-6. The town of around 8,000 residents has long been anchored by coal mining, healthcare through Castleview Hospital, and Utah State University Eastern, which brings a steady stream of faculty and staff into the local housing market. That economic mix, combined with Carbon County's low property tax rates and modest cost of living, keeps the median home price well below the Wasatch Front — making the $500K ceiling here far more spacious than it would be in Salt Lake or Utah County. Most single-family homes in Price fall in the $200K–$400K range, so buyers working with a $500K budget have real options: updated ranch-style homes near the USU Eastern campus, larger lots on the eastern benches with views toward the Book Cliffs, and even some multi-bedroom homes with garages and mature yards near Cleveland Avenue's established neighborhoods.
Winters in Price are cold but manageable — January lows average around 20°F — and summers are warm and dry, with July highs near 90°F and low humidity. That climate supports a comfortable outdoor lifestyle tied to the nearby San Rafael Swell, Manti-La Sal National Forest, and Cleveland-Lloyd Dinosaur Quarry, all within an hour's drive. For buyers relocating from the Wasatch Front, the trade-off is a longer commute to Salt Lake City (roughly 1.5–2 hours depending on conditions on US-6), offset by home prices that can be half of what comparable square footage costs in Provo or Ogden. Browse the active listings below to see what's currently available under $500K in Price.
June 2026 · Price market
Live from the Utah MLS — what's actually happening in Price right now.
Median sale
$425,000
6 closed in June 2026
Median DOM
60 days
listing → contract
Sale-to-list
97.7%
of final list price
Unsold inventory
90
active + pending
98 matching · page 3 of 5
Active listings
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Common questions
About homes under $500k in Price.
What does $500K actually buy in Price, Utah right now? ▾
In most of Price you can still get a 3–4 bedroom single-family home on a standard lot, often built in the last 10–20 years, with a two-car garage. Closer to $400K you'll see older homes near the original townsite or smaller newer builds; pushing toward $500K opens up larger floor plans and occasional homes with RV parking or a casita.
Is Price a good value compared to St. George? ▾
Yes — that's the main reason buyers look here. Comparable homes in St. George or Washington often run $100K–$200K more for similar square footage. The trade-off is fewer retail and dining options and a longer drive to the regional hospital and airport in St. George.
Are there new construction homes under $500K in Price? ▾
There are, though inventory shifts week to week. Several builders have active subdivisions on the east side of town, and base-model 3-bed plans frequently land in the $380K–$470K range. Upgrades, lot premiums, and finished landscaping can push them past $500K quickly.
What are property taxes and HOA fees like in this price range? ▾
Washington County property taxes run roughly 0.5–0.7% of assessed value for primary residences, which is low by national standards. HOAs in Price's newer subdivisions typically run $25–$60/month; older neighborhoods near the townsite usually have no HOA at all.
How's the commute from Price to St. George or Hurricane? ▾
Price to downtown St. George is about 18–22 minutes on I-15, and Hurricane is roughly 25 minutes via SR-9. Most working buyers here commute one of those two directions daily, and traffic stays light outside of the morning rush onto I-15 southbound.
Do homes under $500K here come with usable yards? ▾
Generally yes. Lot sizes in Price tend to run 0.15–0.25 acre in newer subdivisions, which is larger than what the same money buys in St. George proper. Most yards are xeriscaped or partially landscaped to keep water use down, and many have room for a small pool, casita, or RV pad.