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Homes Under $500,000 in Woodland Hills, Utah
Woodland Hills sits at roughly 4,800 feet elevation along the western slope of the Wasatch Mountains in Utah County, wedged between Spanish Fork to the north and Elk Ridge to the south. It's a small, quiet city — fewer than 2,000 residents — that draws buyers who want acreage, mountain air, and a genuine separation from the congestion of the broader Wasatch Front without surrendering easy access to it. US-6 connects Woodland Hills to Spanish Fork in minutes, and Salt Lake City's airport is roughly 55 miles north. The Alpine School District serves most of the area, and the surrounding terrain means deer, trails, and Wasatch Range views of the kind you'd normally pay a steep premium for. Homes here tend to be larger lot, single-family properties rather than townhomes or condos, and the inventory is relatively tight given the city's size.
Finding a home under $500,000 in Woodland Hills takes patience, but deals do surface — particularly on older builds, homes that need cosmetic updating, or properties on the smaller end of the lot spectrum for this market. Given that much of Woodland Hills skews toward custom and semi-custom homes on half-acre-plus parcels, the sub-$500K segment represents genuine value compared to neighboring Utah County cities where similar square footage costs considerably more. Interest rate movement in 2024–2025 has also nudged some sellers to price more competitively, which benefits buyers who've been on the sidelines. Browse the active listings below to see what's currently available in this price range.
June 2026 · Woodland Hills market
Live from the Utah MLS — what's actually happening in Woodland Hills right now.
Median sale
$2,487,179
3 closed in June 2026
Median DOM
9 days
listing → contract
Sale-to-list
100.8%
of final list price
Unsold inventory
13
active + pending
10 matching · page 1 of 1
Active listings
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Common questions
About homes under $500k in Woodland Hills.
Are there usually homes under $500K available in Woodland Hills? ▾
Honestly, not many. Woodland Hills is a small foothill community of roughly 1,500 residents where most homes sit on half-acre to multi-acre lots and trade well into the $700K–$1.5M range. When a sub-$500K listing does hit the MLS, it's typically vacant land, a smaller older home, or a property needing significant work.
What would I realistically get for under $500K here? ▾
At this price point in Woodland Hills, expect either a building lot with mountain or valley views, a manufactured home on acreage, or an older single-family home that hasn't been updated. Newer construction and larger custom homes are almost always above the $500K mark in this zip code.
Should I consider nearby cities if nothing's available? ▾
Yes. Salem, Elk Ridge, Payson, and Spanish Fork all border Woodland Hills and have far more inventory under $500K, including newer builds. You'll still be close to the same canyons, Loafer Mountain trails, and the Nebo School District boundary.
What school district serves Woodland Hills? ▾
Woodland Hills is part of Nebo School District. Most kids attend Salem Elementary, Salem Junior High, and Salem Hills High School, all a short drive down the hill in Salem.
Are there HOA fees or special considerations at this price point? ▾
Woodland Hills itself doesn't have a city-wide HOA, but the town levies its own municipal services and many properties rely on private wells or shared water systems. On a budget under $500K, pay close attention to water rights, septic condition, and access road maintenance — those details matter more here than in a typical subdivision.
How long do affordable Woodland Hills listings usually stay on the market? ▾
Sub-$500K listings in Woodland Hills tend to move quickly when they're priced right because inventory at that level is so thin. Land parcels can sit longer depending on utility access, but a livable home under $500K rarely lasts more than a couple of weeks.