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

1733 N NORTHVIEW LN, Salem UT 84653

1733 N NORTHVIEW LN
Salem UT 84653

$6k builder and $4k lender incentive! Barclay floor plan with large great room and kitchen with island. Private fenced backyard! 9 ceilings on the main floor. ...

  • 1431 Sq Ft

  • 3

  • 3

  • 2

$398,900

290 W APPLE BLOSSOM WAY, Salem UT 84653

290 W APPLE BLOSSOM WAY
Salem UT 84653

RARE opportunity, BUY through SELLER FINANCING a creative and flexible pathway to ownership without relying on traditional bank financing, terms that fit your ...

  • 2146 Sq Ft

  • 4

  • 2

$479,997

1312 S 1020 E, Salem UT 84653

1312 S 1020 E
Salem UT 84653

Legacy Hills Lot 1 - an incredible opportunity to build your custom home in one of Salem's most sought-after neighborhoods. Sitting on .34 acres, this spacious ...

  • 0.34 Acres

$300,000

705 N 1850 E #1200, Salem UT 84653

705 N 1850 E #1200
Salem UT 84653

Beautiful and affordable new Millbrook townhome in the Viridian community of Salem! Enjoy open-concept living with quartz countertops in the kitchen and baths, ...

  • 2205 Sq Ft

  • 3

  • 3

  • 2

$419,990

5.0k

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

682 N 500 E LOT #117, Salem UT 84653

682 N 500 E LOT #117
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

$429,319

5.6k

, Salem UT 84653


Salem UT 84653

NOW ACCEPTING RESERVATIONS! Welcome to Three Bridges, Salem's premier luxury golf community, where you can truly vacation where you live. Experience world-class...

  • 0.33 Acres

$328,000

698 N 1850 E #1193, Salem UT 84653

698 N 1850 E #1193
Salem UT 84653

ESTIMATED COMPLETION MARCH 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

$409,990

1373 S 315 E, Salem UT 84653

1373 S 315 E
Salem UT 84653

These lots offer secluded mountain & Utah Valley views. Paired with the privacy of a small, close-knit community. Bring your own builder & bring your dream to l...

  • 0.44 Acres

$289,000

432 E 300 N, Salem UT 84653

432 E 300 N
Salem UT 84653

Nestled amidst the picturesque landscapes of Salem, Utah, the Timber Ranch subdivision offers an unparalleled opportunity to build your dream home with breathta...

  • 0.21 Acres

$277,000

1421 S 180 E, Salem UT 84653

1421 S 180 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...

  • 0.40 Acres

$279,900

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

$369,990

712 N 1850 E #1190, Salem UT 84653

712 N 1850 E #1190
Salem UT 84653

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

  • 2205 Sq Ft

  • 3

  • 3

  • 2

$419,990

685 N 220 E, Salem UT 84653

685 N 220 E
Salem UT 84653

*HUGE PRICE IMPROVEMENT* Absolutely beautiful and cleanest home:) Located in the heart of Salem. Rare find with 2-CAR GARAGE! Spacious 3 bedrooms 1 full bath...

  • 1322 Sq Ft

  • 3

  • 2

  • 2

$340,000

10.0k

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

$424,990

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

$439,990

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.

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