Homes Under $500,000 in Salem, Utah

Search Homes
Price
Property type
Home Features
More

Filters

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


96 Homes For Sale in SALEM Utah

406 E LUNA CIR #61, Salem UT 84653

406 E LUNA CIR #61
Salem UT 84653

** End of the year 2/1 rate buy-down and amazing price reduction!**Beautiful single-family homes offer exceptional value in our vibrant Moonlight Village commun...

  • 2551 Sq Ft

  • 4

  • 3

  • 2

$499,900

40.0k

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

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

1558 N 1130 W #167, Salem UT 84653

1558 N 1130 W #167
Salem UT 84653

MOVE-IN READY!! Discover modern living in the Cornell plan, a stylish townhome in the sought-after Harmony Place community in Salem. This thoughtfully designed...

  • 1806 Sq Ft

  • 3

  • 3

  • 2

$429,990

513 E 400 N, Salem UT 84653

513 E 400 N
Salem UT 84653

Priced for quick sale. Enjoy picturesque mountain views and memorable sunsets that are part of daily life in this area of Salem. Larger lot with a flat usable ...

  • 0.32 Acres

$270,000

818 E RIDGEVIEW DR, Salem UT 84653

818 E RIDGEVIEW DR
Salem UT 84653

Seller will discount $10k for any lot closed by end of October, 2025. Bring your own builder or we would be happy to recommend one if desired. Only a few lots...

  • 0.35 Acres

$300,000

689 N 1850 E #1198, Salem UT 84653

689 N 1850 E #1198
Salem UT 84653

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

  • 2205 Sq Ft

  • 3

  • 3

  • 2

$429,990

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

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

672 N 500 E #115, Salem UT 84653

672 N 500 E #115
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

$439,666

9.8k

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

$423,510

10.0k

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

1685 N 800 W, Salem UT 84653

1685 N 800 W
Salem UT 84653

Move in ready! Offering a thoughtfully designed two-story layout, the Silver Lake at Summer Springs is perfect for modern living. On the main floor, a well-appo...

  • 1919 Sq Ft

  • 4

  • 3

  • 2

$499,990

15.0k

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

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! Plus, this home qualifies for Utahs First-Time Homebuyer...

  • 2338 Sq Ft

  • 3

  • 3

  • 2

$428,319

14.0k

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

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

$414,990

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

220 N 500 E, Salem UT 84653

220 N 500 E
Salem UT 84653

A very Cute Salem Cottage located In the heart of Salem with easy access to Salem Pond. This Cottage is on Large .26 acres lot with 3 bedrooms, new Carpet new ...

  • 1133 Sq Ft

  • 3

  • 1

$429,000

644 N 500 E #111, Salem UT 84653

644 N 500 E #111
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

$438,942

1641 N 840 W, Salem UT 84653

1641 N 840 W
Salem UT 84653

Step into this super cute, nearly new END UNIT townhouse built in 2023! With 3 bedrooms and 2.5 bathrooms, this home offers the perfect blend of modern comfort ...

  • 1491 Sq Ft

  • 3

  • 3

  • 2

$399,700

100

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

1686 N CENTERPOINT LN, Salem UT 84653

1686 N CENTERPOINT LN
Salem UT 84653

$24K PRICE IMPROVEMENT!! MOVE IN READY! NEW TOWNHOME w/PRIVATE FENCED BACKYARD! Great floor plan with large great room and kitchen with island. White 42 cabin...

  • 1134 Sq Ft

  • 2

  • 2

  • 2

$324,000

24.4k

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

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

$345,000

14.9k

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

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

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

NEW - 62 HOUR AGO
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

$369,990

386 E 1480 N #57, Salem UT 84653

386 E 1480 N #57
Salem UT 84653

Spacious townhome in a fantastic master planned community. BUILDER IS OFFERING A 3% INCENTIVE! This floor plan is a must see. The oversized 2 car garage is as r...

  • 2519 Sq Ft

  • 3

  • 3

  • 2

$434,900

854 E RIDGE VIEW DRIVE DR, Salem UT 84653

854 E RIDGE VIEW DRIVE DR
Salem UT 84653

Enjoy breathtaking panoramic views of the valley and surrounding mountains, perfect for your custom dream home. This exceptional .34 acre flat lot offers excell...

  • 0.34 Acres

$289,900

NEW - 62 HOUR AGO
1886 E CORRIENTE DR #1186, Salem UT 84653

1886 E CORRIENTE DR #1186
Salem UT 84653

ESTIMATED COMPLETION APRIL 2026 Affordable & Beautiful new OAKRIDGE townhome with 4 bedrooms 2.5 bath and 2-car garage, Open concept living on the main floor wi...

  • 2248 Sq Ft

  • 4

  • 3

  • 2

$429,990

1828 E ALBION DR #1148, Salem UT 84653

1828 E ALBION DR #1148
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

  • 2

  • 2

$369,990

5.0k

318 E 1480 N #47, Salem UT 84653

318 E 1480 N #47
Salem UT 84653

Contact agent for more details. Buyer/Buyers agent to verify information.

  • 2509 Sq Ft

  • 3

  • 3

  • 2

$429,900

1101 W 1580 N #171, Salem UT 84653

1101 W 1580 N #171
Salem UT 84653

MOVE-IN READY! Experience modern comfort and style with the Buchanan townhome in the sought-after Harmony Place community in Salem. The kitchen is a chefs delig...

  • 1557 Sq Ft

  • 2

  • 3

  • 2

$394,990

762 E 1020 S, Salem UT 84653

762 E 1020 S
Salem UT 84653

This spectacular 0.34-acre lot offers breathtaking, unobstructed views of Mount Loafer, making it the ideal setting for your dream home. Nestled in a peaceful, ...

  • 0.34 Acres

$284,900

1874 E CORRIENTE DR, Salem UT 84653

1874 E CORRIENTE DR
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. Qua...

  • 2205 Sq Ft

  • 3

  • 3

  • 2

$434,990

Homes Under $500K in Salem

Looking for homes under $500k in Salem, Utah? We currently have 96 listings matching your criteria. New properties are added daily, so check back often or create a custom search to get notified of new listings.

Best Utah Real Estate Mobile App
MLS at your fingertips
Real-time updates
Listing Alerts
Interactive Map
Save your searches

Best Utah Real Estate

Your trusted MLS search companion

Accurate Data - Direct MLS feed for real-time listings
Privacy First - We never sell your personal data
Personalized - Custom alerts for your dream home
Easy to Use - Intuitive design for all users