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Homes Under $300,000 in Springville, Utah
Springville has long drawn buyers who want Utah County's small-town character without paying Provo or Orem prices, and homes under $300,000 represent the most competitive slice of that market. Situated about 45 miles south of Salt Lake City along US-6 and I-15, Springville sits at roughly 4,700 feet elevation, which means four distinct seasons, hot summers in the mid-90s, and snowy winters — all against a backdrop of the Wasatch Range rising directly to the east. At this price point, buyers typically find older ranch-style homes and bungalows in Springville's established west-side neighborhoods, the occasional townhome or condo near Center Street, and — when inventory ticks up — entry-level detached homes that need cosmetic updating. Spanish Fork Canyon access for camping and fishing is minutes away, and the city's own Art City reputation keeps local events and community life active year-round.
Inventory under $300K in Springville tightens quickly because first-time buyers, investors, and move-down buyers all compete for the same limited pool of affordable listings. Springville City School District serves most of the area, with Nebo School District covering some southern pockets — worth confirming before writing an offer. Detached single-family homes at this price have become rare since 2020's run-up, so condos and townhomes in complexes along 400 South or near the Springville Museum of Art corridor deserve a serious look for buyers working within a firm budget. Browse the active listings below to see what's currently on the market.
June 2026 · Springville market
Live from the Utah MLS — what's actually happening in Springville right now.
Median sale
$469,500
16 closed in June 2026
Median DOM
10 days
listing → contract
Sale-to-list
100.8%
of final list price
Unsold inventory
126
active + pending
26 matching · page 2 of 2
Active listings
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Common questions
About homes under $300k in Springville.
What kind of home can I actually get in Springville under $300K? ▾
At this price point in Springville, expect older townhomes, condos, manufactured homes on owned land, or small single-family starters built in the 1950s-1970s that need updates. True detached single-family homes under $300K are rare and usually sell within days. Most active inventory in this range falls between 800 and 1,400 square feet.
Are there any new-construction options under $300K here? ▾
New detached construction in Springville generally starts well above $400K, so under $300K you're looking at attached product — townhomes and condos in developments off 400 South, near the Spring Creek area, or closer to the Provo border. Some builders occasionally release smaller two-bedroom townhomes that land just under the cap.
How fast do sub-$300K listings move in Springville? ▾
Quickly. Anything livable under $300K in Utah County tends to go under contract in under two weeks, often with multiple offers. Setting up an instant MLS alert and being ready to tour the same day a listing hits is the realistic way to compete.
What are property taxes and HOA fees like at this price? ▾
Utah County property tax runs roughly 0.55-0.65% of assessed value, so a $290K home is typically $1,600-$1,900 a year. Townhome and condo HOAs in Springville commonly fall between $150 and $275 a month, which covers exterior maintenance, landscaping, and sometimes water.
Is Springville a good fit for first-time buyers or investors at this price? ▾
Both. First-time buyers like the proximity to I-15, Nebo School District, and the 15-minute commute to Provo employers like IHC and the universities. Investors target the same listings for long-term rentals since BYU and UVU students and young families keep rental demand steady.
Do FHA, VA, and Utah Housing loans work on these properties? ▾
Yes, and they're the most common financing routes in this price band. FHA needs 3.5% down, VA needs nothing down for eligible veterans, and Utah Housing's first-time buyer programs can pair with down payment assistance. Just confirm condo projects are FHA/VA approved before writing — not all Springville complexes are.