Live Magna listings, filtered
Magna homes under $500K
Magna homes priced under $500K are all listed below, whichever brokerage holds them, with the data fed live from the MLS. Further down, you will read what a budget of under $500K buys in Magna and how to go about buying at that price.
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- Price under $500,000
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- Magna, UT
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- Priced high to low
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- Wasatch Front Regional MLS, live
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The listings under $500K
Listing information comes from the Wasatch Front Regional Multiple Listing Service and is deemed reliable but not guaranteed.
Part 1 of 3
Where Under $500K sits
The local read, the median line and the pricing tiers
The local read
Under $500K is where more space starts in Magna
In shortUnder $500K sits one step above Magna's typical home, which the U.S. Census (ACS 2020-2024) values at about $376,200. Resales of newer homes on the south side, larger established homes and roomier floor plans start to show up here. New builds are few. The MLS feeds this list live, sorted from high to low price.
The Census (ACS 2020-2024) values a typical Magna home at about $376,200, and under $500K sits one clear step above it. The market is still busy, but the floor has moved up. Cramped homes and big projects get rarer. A newer, bigger, nicer home is easier to find, though new builds are few.
Here is what the extra room buys in Magna. Newer homes come into reach, such as Holmes Homes' Arbor Park townhomes in the middle of town. When the builder has homes for sale, D.R. Horton's Little Valley Gateway on the southwest side fits too. Larger 1990s-2000s subdivision homes in the middle of town come into range as well, and a four-bedroom plan is normal rather than rare. The trade-off changes. You no longer have to pick between condition and space, because you can often get some of both.
Competition is steadier than on the page below, with fewer buyers on each listing, so you get a bit more time to decide. A newer south side home with a sharp price still sells fast, though. Having a pre-approval makes it easy to be ready when one appears.
Choosing between this page and the one below? The under $400K page holds Magna's lowest prices, with a lot of homes to compare. To see one more step, the under $600K page is the upper-middle price range. For more on the town, read the Magna guide, and reach out when a listing looks right.
Stretch math
One step up
under $600K is the upper-middle price range. Larger new homes on the south side, upgraded established homes and the first lots with a view start to show up. If your budget can stretch, it is worth a look.
One step down
under $400K is the lowest price range. It has a wide mix and plenty of listings, but fewer of the newer homes that define this page.
Either way
No single number settles it. Share your must-haves and a partner agent can tell you which price range they really belong in.
How this works. Scott Buehler is licensed in both real estate and mortgage lending and may assist with financing across Utah; local representation in Magna comes through a partner agent. Every role is disclosed, and you are always free to choose your own agent and your own lender. More on How I Work.
The median line
How under $500K sits against Magna's typical home
The Magna typical home value of ~$376,200 falls inside Under $500K. The bar lists price pages from lowest to highest, left to right. Gold is this page. The small marker stands for the typical home value.
The pricing tiers
Which Magna price range fits your budget?
All Magna homes for sale are sorted across these pages. Each page has live listings and a local read of its own, and the lit page is this one.
Under $400K
The starting pointSee homes under $400KUnder $500K
MagnaUnder $600K
One step upSee homes under $600KOver $600K
The top of the marketSee homes over $600KOr set your own filters
Map every Magna listingSet the price, beds, baths and home type that suit you and the map shows each match. No account is needed.Open the map searchPart 2 of 3
What the money buys
What the money buys, hold, stretch, or step down and the towns next door
What the money buys
Under $500K comes in three shapes
Three kinds of home account for nearly everything here. Next to the under $400K page, the mix leans newer and larger. Decide which one you want and the search gets shorter.
Newer 2020s homes on the southwest side
Newer homes on the southwest side, such as resales in D.R. Horton's Little Valley Gateway (built in the 2020s; the builder showed no Magna homes for sale in October 2026), with current floor plans, modern systems, and community amenities. A newer home brings newer systems and, if it is still under warranty, the builder's warranty.
What you take on: few homes for sale, and a lot that may slope. What you get: brand-new systems, current finishes, and low near-term upkeep.
Larger 1990s-2000s subdivision homes
These are the bigger 1990s and 2000s plans, with four bedrooms, attached two-car garages and updated kitchens. You get more room without paying new-build prices.
The downside: an older house than a new build. The payoff: more floor space, an attached garage, and established streets.
Updated established homes and larger ramblers
Remodeled postwar ramblers and larger split-levels in the mid-century rings, often with updated kitchens and baths, on full lots with mature landscaping. You get more character and more yard than a new townhome at a comparable number.
The cost: an older home in a settled neighborhood. What it buys: a larger lot, a remodeled interior, and an established street.
Some weeks lean toward one of the three. The Homes for Sale page shows which is on the market right now.
Hold, stretch, or step down
What each price range buys
Pages below and above this one hold different kinds of home, not just smaller or larger ones. Below, each row shows how the homes change from one list price to the next. This table has three columns, and this page is the middle one.
| Comparison point | Under $400K | Under $500K This page | Under $600K |
|---|---|---|---|
| Typical home shape | Older ramblers and townsite cottages | Newer homes, larger 1990s-2000s plans | Larger new builds, early views |
| What you usually give up | New construction and large plans | More money for space | Budget for size and view |
| What you usually gain | Mixed ages and sizes | Newer homes, bigger floor plans | Larger lots and valley views |
| Where you usually buy | Townsite grid and middle rings | Southwest edge, bigger established streets | Upper south side, larger lots |
| How the competition feels | Busy, with quick sales | Steady, with time to compare | Calm, with fewer rival buyers |
A price page can only point you in a direction. What you must have decides which column to shop. Share your must-haves and a partner agent can say which line fits.
The towns next door
What does under $500K buy in the towns next door?
Price pages exist for the closest towns too. Below, see where under $500K lands in the four nearest ones that have them, with the page to open in each.
The gold line is the Under $500K cap that applies to this page.
Each number comes from that town's own page, and the source is shown. Drive times come from the Utah drive times tool.
Part 3 of 3
Your plan for this range
A four-step play
A four-step play
How to move one step above the typical home
Competition here is a bit milder than on the page below. A newer south side home with a good price still moves, so come prepared with a clear list of must-haves.
Get pre-approved first
Even with a little more room here, a pre-approval letter is what gets your offer taken seriously. Have it in hand before you fall for a home.
Decide: new construction or established
The choice between new construction (Arbor Park in town, or Little Valley Gateway on the southwest side if a builder has homes) and the larger established ramblers and subdivision homes is real at this number. The new build offers current systems and warranties; the established home offers more yard and a settled location. Name the priority before you tour.
Get on first-look alerts
Newer south side homes at this number still sell quickly in spring. If you see a fit the morning it lists, you get a head start on other buyers.
Visit homes with an agent who knows local sales
Local knowledge pays off on details like which south side lots drain well, whether any builder has a home left, and what a lot on the sloping south side is worth next to a flat subdivision street. Want the full detail? Both the buying process and the art of the offer have their own guides.
Quick answers
Under $500K in Magna, answered
One step above the typical home value, this price range leans newer and larger. That means resales in D.R. Horton's 2020s Little Valley Gateway on the southwest side, when one lists, and Holmes Homes' Arbor Park in the middle of town, larger 1990s-2000s subdivision homes with four-bedroom plans, and updated established ramblers on full lots. What is on the market shifts each week.
Magna's price ranges are drawn from homes that are really listed here. The U.S. Census puts the typical home value at about $376,200 (ACS 2020-2024), so under $500K is a step up, where more square feet and newer 1990s and 2000s homes become common. New builds are few.
Yes. The under $400K page is the lowest price range, with a lot of listings to compare, though fewer newer homes than this page.
A little slower than on the page below, because fewer buyers compete for each listing. Even so, a newer south side home with a good price can sell fast in spring. Winter is calmer.
Often. Ramblers, the Utah word for a single-story home, are common in the larger established middle rings and in some new construction plans. The single-story homes page filters for them.
Bring a pre-approval letter and a clear choice between new construction and an established home. If a new build tempts you, talk to your lender the same week you talk to the builder. Closing time depends on whether the home is ready to move into or still to be built.
Talk to Scott
Looking one step up, where newer, larger homes come within reach?
Extra room begins at this step in Magna. Tell me your range and must-haves, and a partner agent will flag newer, larger homes the morning they list.
How it works in Magna
- Bring me a Magna listingSend the link. I will check with the partner agent and tell you what to look at before you write an offer.
- A partner agent nearbyA partner agent I trust in Salt Lake County will take you to showings, write the offer with you and see the sale through to closing.
- A lender's eye, tooI am licensed in both real estate and lending. On any one purchase I take one role. If I am your lender, I can tell you early about a home that may be tough to finance.
- Quick repliesQuestions about a listing? Call or text, and I reply within one business day.
Or call me: (435) 357-4345I reply within one business day.
Referral disclosure. Outside Southern Utah, I connect home sellers and buyers with partner agents I trust in their area. If you choose to work with an agent I refer, that agent's brokerage pays my brokerage (Real Broker, LLC) a referral fee. The fee comes out of the agent's compensation; it is not an added cost to you. You are always free to choose any agent you wish, and using a referred agent is never required.