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


96 Homes For Sale in SALEM Utah

1898 E CORRIENTE DR #1184, Salem UT 84653

1898 E CORRIENTE DR #1184
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. Quartz ...

  • 2205 Sq Ft

  • 3

  • 3

  • 2

$434,990

361 E 1480 N #41, Salem UT 84653

361 E 1480 N #41
Salem UT 84653

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

  • 2323 Sq Ft

  • 3

  • 3

  • 2

$429,900

367 E 1480 #42, Salem UT 84653

367 E 1480 #42
Salem UT 84653

**5% in closing costs or price reductions on select townhomes!** Townhomes now available starting in the low $400k! Experience modern, low maintenance living at...

  • 2323 Sq Ft

  • 3

  • 3

  • 2

$429,900

308 E 1480 N #45, Salem UT 84653

308 E 1480 N #45
Salem UT 84653

5% Preferred Lender Incentive! Use it toward closing costs or a rate buydown-your choice! Step into this newly completed townhome, move-in ready and designed wi...

  • 2509 Sq Ft

  • 3

  • 3

  • 2

$434,900

704 N 1850 E #1192, Salem UT 84653

704 N 1850 E #1192
Salem UT 84653

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

  • 2248 Sq Ft

  • 4

  • 3

  • 2

$424,990

1892 E CORRIENTE DR #1185, Salem UT 84653

1892 E CORRIENTE DR #1185
Salem UT 84653

Affordable & Beautiful new MILLBROOK townhome with 2-car garage, Open concept living on the main floor with a half bath. Quartz kitchen and bathroom countertop...

  • 2205 Sq Ft

  • 3

  • 3

  • 2

$424,990

1336 S 1020 E, Salem UT 84653

1336 S 1020 E
Salem UT 84653

Legacy Hills Lot 2 -an incredible opportunity to build your custom home in one of Salem's most sought-after neighborhoods. Sitting on .34 acres, this spacious l...

  • 0.34 Acres

$300,000

1606 S 920 E, Salem UT 84653

1606 S 920 E
Salem UT 84653

Only a few lots left in plats D & E. This lot is all improved and sits in a cul de sac. Bring your own builder or let us recommend one. Call listing agents f...

  • 0.51 Acres

$350,000

708 N 220 E, Salem UT 84653

708 N 220 E
Salem UT 84653

This inviting townhome features an open floor plan and high ceilings on the main level, creating a bright and spacious feel from the moment you walk in. The kit...

  • 1350 Sq Ft

  • 3

  • 2

$324,000

5.9k

1802 E ALBION DR #1142, Salem UT 84653

1802 E ALBION DR #1142
Salem UT 84653

* ESTIMATED COMPLETION JANUARY 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

$374,990

1824 E ALBION DR #1147, Salem UT 84653

1824 E ALBION DR #1147
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

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

$386,000

681 N 1850 E #1196, Salem UT 84653

681 N 1850 E #1196
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

$424,990

357 E 1480 N #40, Salem UT 84653

357 E 1480 N #40
Salem UT 84653

Brand-new beautiful front-load townhome-move-in ready with a 2-car garage! Enjoy open-concept living on the main floor with quartz countertops, laminate floorin...

  • 2509 Sq Ft

  • 3

  • 3

  • 2

$429,900

353 E 1480 N #39, Salem UT 84653

353 E 1480 N #39
Salem UT 84653

Seller offering 4.99% permanent rate buy down OR 5% toward purchase price reduction, closing costs, etc. RARE! This end unit townhome features the primary bedro...

  • 2596 Sq Ft

  • 3

  • 3

  • 2

$454,900

1846 E ALBION DR #1152, Salem UT 84653

1846 E ALBION DR #1152
Salem UT 84653

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

  • 1399 Sq Ft

  • 3

  • 2

  • 2

$369,990

1569 N 1190 W #112, Salem UT 84653

1569 N 1190 W #112
Salem UT 84653

MOVE-IN READY!! Welcome to the Elm plan, a beautiful single-family home in the highly desirable Harmony Place community in Salem. This thoughtfully designed hom...

  • 1669 Sq Ft

  • 3

  • 3

  • 2

$499,990

1102 W 1580 N #172, Salem UT 84653

1102 W 1580 N #172
Salem UT 84653

Welcome to the Kensington plan in the sought-after Harmony Place community in Salem, where modern design meets everyday comfort. The kitchen is beautifully appo...

  • 2025 Sq Ft

  • 3

  • 3

  • 2

$444,990

1671 N 800 W, Salem UT 84653

1671 N 800 W
Salem UT 84653

Last Home! Offering a thoughtfully designed two-story, 3 bedroom plus loft for the Silver Lake at Summer Springs. Main floor, well appointed kitchen with stunn...

  • 1919 Sq Ft

  • 3

  • 3

  • 2

$489,990

10.0k

314 E 1480 N #46, Salem UT 84653

314 E 1480 N #46
Salem UT 84653

4.99% Fixed rate with our preferred lender Incentive! Use it toward closing costs or a rate buydown-your choice! Step into this newly completed townhome, move-i...

  • 2509 Sq Ft

  • 3

  • 3

  • 2

$424,900

144 W 608 N, Salem UT 84653

144 W 608 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 ...

  • 0.32 Acres

$278,800

1354 S 1020 E, Salem UT 84653

1354 S 1020 E
Salem UT 84653

Welcome to Legacy Hills, Lot 3 -an incredible opportunity to build your custom home in one of Salem's most sought-after neighborhoods. Sitting on .34 acres, thi...

  • 0.34 Acres

$300,000

1382 S 315 E, Salem UT 84653

1382 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...

  • 0.34 Acres

$269,900

1564 N 1130 W #168, Salem UT 84653

1564 N 1130 W #168
Salem UT 84653

MOVE-IN READY! Welcome to the Harvard plan, a beautifully designed townhome located in the popular Harmony Place community in Salem. This home blends modern fin...

  • 1776 Sq Ft

  • 3

  • 3

  • 2

$449,990

685 N 1850 E #1197, Salem UT 84653

685 N 1850 E #1197
Salem UT 84653

Affordable & Beautiful new MILLBROOK townhome with 2-car garage, Open concept living on the main floor with a half bath. Quartz kitchen and bathroom countertop...

  • 2205 Sq Ft

  • 3

  • 3

  • 2

$419,990

5.0k

14 W 590 N, Salem UT 84653

14 W 590 N
Salem UT 84653

.32-acre residential lot in a prime Salem location. This lot is directly across the street from Salem Junior High, just 10 minutes to the Spanish Fork Main Stre...

  • 0.32 Acres

$278,000

1483 N 305 E #31, Salem UT 84653

1483 N 305 E #31
Salem UT 84653

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

  • 2509 Sq Ft

  • 3

  • 3

  • 2

$429,900

147 W 632 N, Salem UT 84653

147 W 632 N
Salem UT 84653

Welcome to Davis Farms, just West of the new Salem Jr High and just North of Salem Hills High school. Enjoy large nicely shaped lots with stunning mountain view...

  • 0.32 Acres

$275,800

761 E RIDGE DR, Salem UT 84653

761 E RIDGE DR
Salem UT 84653

This corner lot features a great view of Mt. Loafer from the front of the lot and an unobstructed view of the valley from the back of the lot. Seller will disc...

  • 0.66 Acres

$410,000

1407 S 315 E, Salem UT 84653

1407 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...

  • 0.41 Acres

$289,900

1743 N NORTHVIEW LN, Salem UT 84653

1743 N NORTHVIEW LN
Salem UT 84653

NEW TOWNHOME W/ MAIN FLOOR LIVING!!! INCREDIBLE $14k BUILDER INCENTIVE TOWARDS CLOSING COSTS, RATE BUY DOWN. PRIVATE FENCED BACKYARD! Great floor plan with la...

  • 1802 Sq Ft

  • 3

  • 3

  • 2

$437,800

334 E SELMAN RIDGE DR, Salem UT 84653

334 E SELMAN RIDGE DR
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...

  • 0.35 Acres

$279,900

256 E SELMAN RIDGE DR, Salem UT 84653

256 E SELMAN RIDGE DR
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...

  • 0.43 Acres

$319,900

321 E SELMAN, Salem UT 84653

321 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...

  • 0.38 Acres

$309,900

201 E SELMAN RIDGE DR, Salem UT 84653

201 E SELMAN RIDGE DR
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...

  • 0.69 Acres

$359,900

179 E SELMAN RIDGE DR, Salem UT 84653

179 E SELMAN RIDGE DR
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...

  • 0.85 Acres

$379,900

1338 S 315 E, Salem UT 84653

1338 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...

  • 0.48 Acres

$319,900

1698 N 840 W, Salem UT 84653

1698 N 840 W
Salem UT 84653

Seller including $5,000 towards buyer closing costs! So clean and nice inside and out! Great location, beautiful new area with convenient access to freeway, sh...

  • 1534 Sq Ft

  • 3

  • 3

  • 2

$395,000

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

191 E 560 N, Salem UT 84653

191 E 560 N
Salem UT 84653

BACK ON THE MARKET Welcome to charming townhome, situated in the heart of Salem. This meticulously maintained property is completely move-in ready. It boasts a ...

  • 1708 Sq Ft

  • 3

  • 3

  • 2

$379,000

10.0k

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.

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