Homes Under $500,000 in Salem, Utah

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Finding an affordable home in Utah County doesn't mean sacrificing quality or community, and Salem proves this beautifully. This charming city offers an excellent selection of homes under $500K, making it an ideal destination for first-time buyers, growing families, and anyone seeking small-town appeal with convenient access to larger metro areas. Nestled against the scenic Wasatch Mountains, Salem combines rural tranquility with modern amenities, featuring well-maintained neighborhoods, local parks, and a tight-knit community atmosphere that residents cherish.

Homes in this price range in Salem typically include well-built single-family residences with spacious yards, newer townhomes, and properties with room to grow. The city's location provides easy commuting to Provo, Spanish Fork, and even northern Utah County employment centers, while maintaining lower property costs compared to neighboring communities. Salem's highly-rated schools, safe streets, and family-friendly events make it particularly attractive for buyers who want more home for their investment without compromising on lifestyle.

Browse our current listings of homes under $500K in Salem to discover the opportunities available in this welcoming community. Our experienced local agents understand the Salem market and can help you find a property that matches your needs and budget. Whether you're ready to make an offer or just beginning your search, we're here to guide you through every step of the home-buying process.

View Homes Under $500K in Salem, Utah


To buy in Salem, Utah call us directly at 801-845-3989


108 Homes For Sale in SALEM Utah

689 N 540 E #119, Salem UT 84653

689 N 540 E #119
Salem UT 84653

AMAZING $20,000 INCENTIVE TOWARDS CLOSING COSTS, RATE BUYDOWN, OR PRICE REDUCTION REGARDLESS OF LENDER! Must-See New Salem Fields Community! Move-in ready! This...

  • 2365 Sq Ft

  • 4

  • 3

  • 2

$429,500

9.5k

1735 N NORTHVIEW LN, Salem UT 84653

1735 N NORTHVIEW LN
Salem UT 84653

MOVE IN READY! NEW TOWNHOME w/PRIVATE FENCED BACKYARD! Our Addison floor plan with large great room and kitchen with island. White 42 cabinets and Granite Count...

  • 1134 Sq Ft

  • 2

  • 2

  • 2

$336,900

1418 S 315 E, Salem UT 84653

1418 S 315 E
Salem UT 84653

These amazing lots in Salem are available for you today. These lots offer secluded views of the mountains and Utah Valley while giving you the privacy of a smal...

  • 0.63 Acres

$299,900

1842 E ALBION DR #1151, Salem UT 84653

1842 E ALBION DR #1151
Salem UT 84653

Affordable & Beautiful new DALTON townhome (Modern Farm House Exterior) with 2-car garage, Open concept living on the main floor with a pop-out in bedroom 1 and...

  • 1399 Sq Ft

  • 3

  • 2

  • 2

$374,990

1744 N NORTHVIEW LN, Salem UT 84653

1744 N NORTHVIEW LN
Salem UT 84653

NEW TOWNHOME W/ MAIN FLOOR LIVING!!! PRIVATE FENCED BACKYARD! Great floor plan with large great room, master bedroom and bath and laundry on main floor. 9 ceili...

  • 1802 Sq Ft

  • 3

  • 3

  • 2

$437,800

NEW - 10 HOUR AGO
1615 N WESTVIEW LN, Salem UT 84653

1615 N WESTVIEW LN
Salem UT 84653

Lowered price for quick sale! Come check out this beautiful townhouse! The home is ideally located with quick freeway access just minutes away, while still bein...

  • 1431 Sq Ft

  • 3

  • 3

  • 2

$399,900

285 E SELMAN, Salem UT 84653

285 E SELMAN
Salem UT 84653

These amazing lots in Salem are available for you today. These lots offer secluded views of the mountains and Utah Valley while giving you the privacy of a smal...

  • 0.45 Acres

$319,900

513 E 400 N, Salem UT 84653

513 E 400 N
Salem UT 84653

$20K PRICE DROP. Seller is motivated! Enjoy picturesque mountain views and memorable sunsets that are part of daily life in this area of Salem. Larger lot wit...

  • 0.32 Acres

$250,000

703 N 150 E, Salem UT 84653

703 N 150 E
Salem UT 84653

Great end unit townhouse. Nice open floor plan and main floor living. 9 ft ceilings. Beautiful white cabinets in kitchen. Includes all stainless steel appliance...

  • 1326 Sq Ft

  • 2

  • 3

$335,000

10.0k

1552 N 1130 W #166, Salem UT 84653

1552 N 1130 W #166
Salem UT 84653

The Cornell. This beauty has a spacious kitchen with plenty of cabinet and counter space. Open dining area and great room add modern charm. Additionally, there ...

  • 1806 Sq Ft

  • 3

  • 3

  • 2

$409,990

10.0k

804 E 1610 S, Salem UT 84653

804 E 1610 S
Salem UT 84653

Photos coming soon. Check out the views from this lot!!! All utilities stubbed to lot and ready to build now. The land behind this lot is a 5 acre private pa...

  • 0.37 Acres

$300,000

323 E 1480 N #34, Salem UT 84653

323 E 1480 N #34
Salem UT 84653

Welcome to Moonlight Village, athoughtfully designed master-planned community with so much to offer. This beautiful front-load townhome is currently under const...

  • 2323 Sq Ft

  • 3

  • 3

  • 2

$429,900

1462 E 720 N #1098, Salem UT 84653

1462 E 720 N #1098
Salem UT 84653

New Millbrook townhome! Open-concept main floor with quartz countertops, laminate flooring, a half bath, and a 2-car garage. Need storage? The unfinished baseme...

  • 2205 Sq Ft

  • 3

  • 3

  • 2

$429,990

5.0k

1113 N 1020 W LOT #14, Salem UT 84653

1113 N 1020 W LOT #14
Salem UT 84653

This is our Must-See New Arrowhead Springs Community in Salem! This beautiful home was built by Flagship Homes and features 3 bedrooms, 2.5 bathrooms, quartz s...

  • 1461 Sq Ft

  • 3

  • 3

  • 2

$489,300

1549 S 920 E, Salem UT 84653

1549 S 920 E
Salem UT 84653

Seller will discount $10k for any lot closed by end of October, 2025. This large lot features a concrete wall on the entire back side of the lot and you will e...

  • 0.38 Acres

$300,000

441 E 590 N #54, Salem UT 84653

441 E 590 N #54
Salem UT 84653

AMAZING $20,000 INCENTIVE TOWARDS CLOSING COSTS, RATE BUYDOWN, OR PRICE REDUCTION REGARDLESS OF LENDER! Must-See New Salem Fields Community! Move-in ready! This...

  • 1745 Sq Ft

  • 3

  • 3

  • 2

$413,990

9.9k

1703 N 840 W, Salem UT 84653

1703 N 840 W
Salem UT 84653

Fantastic townhome located in Summer Springs HOA community in Salem, UT. Kitchen features quartz countertops, center island lots of cupboard space with soft cl...

  • 1491 Sq Ft

  • 3

  • 3

  • 2

$394,000

11.0k

1605 S 920 E, Salem UT 84653

1605 S 920 E
Salem UT 84653

Seller will discount $10k for any lot closed by end of October, 2025. This is our largest lot in the entire development and features a concrete wall all along ...

  • 1.29 Acres

$475,000

1822 E ALBION DR #1146, Salem UT 84653

1822 E ALBION DR #1146
Salem UT 84653

* ESTIMATED COMPLETION FEBRUARY 2026 Affordable & Beautiful new DALTON townhom with 2-car garage, Open concept living on the main floor with a pop-out in bedroo...

  • 1399 Sq Ft

  • 3

  • 2

  • 2

$379,990

5.0k

797 S 500 E, Salem UT 84653

797 S 500 E
Salem UT 84653

Last available lot in this stunning established neighborhood. Gorgeous mountain and valley views, close to amenities and minutes from I-15 access. Bring your ow...

  • 0.38 Acres

$275,000

1882 E CORRIENTE DR #1187, Salem UT 84653

1882 E CORRIENTE DR #1187
Salem UT 84653

* ESTIMATED COMPLETION APRIL 2026 Affordable & Beautiful new MILLBROOK townhome with 2-car garage, Open concept living on the main floor with a half bath. Quart...

  • 2205 Sq Ft

  • 3

  • 3

  • 2

$425,990

1115 W 1580 N #169, Salem UT 84653

1115 W 1580 N #169
Salem UT 84653

END UNIT JEFFERSON!!!! Charm + Function partner up to bring you a home that doesnt disappoint. Lots of natural light and desirable upgrades add to the inviting ...

  • 1557 Sq Ft

  • 3

  • 3

  • 2

$384,990

10.0k

173 W 650 N, Salem UT 84653

173 W 650 N
Salem UT 84653

Explore the ideal canvas for your dream home at Davis Farms, Salem, Utah. Conveniently located near the new Salem Jr High, Stokes Grocery Store and Salem Hills ...

  • 0.28 Acres

$276,750

1489 N 305 E #29, Salem UT 84653

1489 N 305 E #29
Salem UT 84653

Preferred Lender Incentive: 4.99% permanent rate buy down along with $2,500 toward closing costs.!! Brand-new beautiful rear-load townhome-move-in ready with a ...

  • 2509 Sq Ft

  • 3

  • 3

  • 2

$434,900

1812 E ALBION DR #1144, Salem UT 84653

1812 E ALBION DR #1144
Salem UT 84653

New DALTON townhome with 2-car garage, Open concept living on the main floor. Quartz kitchen and bathroom countertops, laminate flooring, cabinets, pantry, and ...

  • 1399 Sq Ft

  • 3

  • 2

  • 2

$369,990

5.0k

1564 N 1130 W #168, Salem UT 84653

1564 N 1130 W #168
Salem UT 84653

Welcome to the Harvard plan, a beautifully designed townhome located in the popular Harmony Place community in Salem. This home blends modern finishes with func...

  • 1776 Sq Ft

  • 3

  • 3

  • 2

$429,990

768 E 1610 S, Salem UT 84653

768 E 1610 S
Salem UT 84653

This beautiful corner lot will have a concrete wall on the south and west border of the lot. There is a 5 acre parcel behind this lot that will only have one h...

  • 0.37 Acres

$325,000

824 E 1610 S, Salem UT 84653

824 E 1610 S
Salem UT 84653

This large pie shaped lot is at the end of plat E of Ridge View Estates. If you are looking for a lot large enough for an oversized garage or shop this lot wou...

  • 0.39 Acres

$300,000

205 E CENTER ST, Salem UT 84653

205 E CENTER ST
Salem UT 84653

Be sure to check out the 3D tour by clicking on the tour button. Sitting on a generous .28-acre corner lot, this home blends classic charm with meaningful updat...

  • 1624 Sq Ft

  • 4

  • 1

  • 1

$454,900

10.0k

337 E 1480 N #37, Salem UT 84653

337 E 1480 N #37
Salem UT 84653

PERMANENT 4.99% rate OR 5% cash back to closing costs/purchase price reduction with our preferred lender incentive. Use the incentive how youd like! This front ...

  • 2323 Sq Ft

  • 3

  • 3

  • 2

$429,900

1858 E ALBION DR #1155, Salem UT 84653

1858 E ALBION DR #1155
Salem UT 84653

* ESTIMATED COMPLETION FEBRUARY 2026 Affordable & Beautiful new DALTON townhome (Modern Farm House Exterior) with 2-car garage, Open concept living on the main ...

  • 1399 Sq Ft

  • 3

  • 3

  • 2

$384,990

676 N 500 E LOT #116, Salem UT 84653

676 N 500 E LOT #116
Salem UT 84653

AMAZING $20,000 INCENTIVE TOWARDS CLOSING COSTS, RATE BUYDOWN, OR PRICE REDUCTION REGARDLESS OF LENDER! Must-See New Salem Fields Community! Move-in ready! This...

  • 2338 Sq Ft

  • 3

  • 3

  • 2

$418,300

1346 S 140 E, Salem UT 84653

1346 S 140 E
Salem UT 84653

Discover this amazing .60 acre lot in Salem with sweeping views of the valley and surrounding mountains. This rare opportunity allows you to build the home you'...

  • 0.60 Acres

$349,900

1343 S 370 E, Salem UT 84653

1343 S 370 E
Salem UT 84653

Beautiful elevated building lot in Salem, Utah, offering the perfect balance of views and accessibility. Situated high enough above town to enjoy scenic valley ...

  • 0.54 Acres

$370,000

625 N 220 E, Salem UT 84653

625 N 220 E
Salem UT 84653

Discover the charm of 625 N 220 E, a home that has undergone a partial flooring replacement, giving it a fresh and modern feel. The living room is graced with a...

  • 1617 Sq Ft

  • 3

  • 3

  • 1

$360,000

10.0k

1052 N 1020 W LOT #1, Salem UT 84653

1052 N 1020 W LOT #1
Salem UT 84653

This is our Must-See New Arrowhead Springs Community in Salem! This beautiful home was built by Flagship Homes and features 3 bedrooms, 2.5 bathrooms, quartz s...

  • 1706 Sq Ft

  • 3

  • 3

  • 2

$497,900

1571 S 920 E, Salem UT 84653

1571 S 920 E
Salem UT 84653

One of the last lots left in plat D of Ridge View Estates. This lot will have a concrete fence all along the back courtesy of the developer. Flat, all utiliti...

  • 0.38 Acres

$300,000

1367 S 370 E, Salem UT 84653

1367 S 370 E
Salem UT 84653

Beautiful sought after lot in Salem in the Loafer Mountain View subdivision! With this lot you have unobstructed views of the entire valley. Bring your own bu...

  • 0.83 Acres

$380,000

1342 S 140 E, Salem UT 84653

1342 S 140 E
Salem UT 84653

This stunning .89 acre lot in Salem offers unobstructed sweeping views of the valley and surrounding mountains. The large footprint and gentle slope will allow ...

  • 0.89 Acres

$449,900

1852 E ALBION DR #1153, Salem UT 84653

1852 E ALBION DR #1153
Salem UT 84653

New DALTON townhome with 2-car garage, Open concept living on the main floor. Quartz kitchen and bathroom countertops, laminate flooring, cabinets, pantry, and ...

  • 1399 Sq Ft

  • 3

  • 2

  • 2

$374,990

Homes Under $500K in Salem

Looking for homes under $500k in Salem, Utah? We currently have 108 listings matching your criteria. New properties are added daily, so check back often or create a custom search to get notified of new listings.

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