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Homes Under $500K in Phoenix, AZ
Realty.com
Buy

Start here

  • Homes for sale by state
  • Home buying tips
  • Before you start looking
  • The buying timeline

Afford it

  • Today's mortgage rates
  • Mortgage calculator
  • How much can I afford?
  • Get pre-approved

Make the deal

  • Writing a winning offer
  • Inspections & appraisals
  • Closing costs, itemized
  • Find a buyer's agent
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  • Commercial

2,661 listings
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3 bedsNew constructionWith a pool

Homes Under $500K in Phoenix, AZ

Homes Under $500K in Phoenix, AZ

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24 of 2,661 Listings
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Homes Under $500K in Phoenix, AZ

24 of 2,661 Listings

Your local team in Phoenix

CJ

Curtis Johnson

eXp Realty

Lic. #BR512932000

eXp RealtyCall Curtis
NJ

Nathan Jensen

Waterstone Mortgage

NMLS #332253

Nathan JensenCall Nathan
  1. 3030 N 41st Drive — photo43Active

    $419,000

    4 bd · 2 ba · — sqft

    3030 N 41st Drive, Phoenix, AZ

    Cerelia Torres · HomeSmart

  2. 9443 N 4th Avenue — photo22Active

    $240,000

    2 bd · 1 ba · — sqft

    9443 N 4th Avenue, Phoenix, AZ

    Thomas Jensen · HomeSmart

  3. 2002 W Bluefield Avenue — photoNew37Active

    $365,000

    3 bd · 2 ba · — sqft

    2002 W Bluefield Avenue, Phoenix, AZ

    Joanna Baloria · Coldwell Banker Realty

  4. 2506 N 11th Street — photoNew25Active

    $375,000

    3 bd · 1 ba · — sqft

    2506 N 11th Street, Phoenix, AZ

    Nicholas Yale · Brokers Hub Realty, LLC

  5. 16645 N 32nd Place Unit 105 — photoNew39Active

    $295,000

    2 bd · 2 ba · — sqft

    16645 N 32nd Place Unit 105, Phoenix, AZ

    Louis McCall, II · Compass

  6. 7364 N 39th Avenue — photoNew64Active

    $354,980

    4 bd · 2 ba · — sqft

    7364 N 39th Avenue, Phoenix, AZ

    Tony C Doan · West USA Realty

  7. 822 E Fern Drive S — photo20Active

    $415,000

    2 bd · 2 ba · — sqft

    822 E Fern Drive S, Phoenix, AZ

    Adam Roose · eXp Realty

  8. 6815 S 7th Avenue — photo2Active

    $319,999

    4 bd · 2 ba · — sqft

    6815 S 7th Avenue, Phoenix, AZ

    Ramon J Nunez · Valley Views RE

  9. 2024 W Alice Avenue — photoNew33Active

    $374,900

    3 bd · 2 ba · — sqft

    2024 W Alice Avenue, Phoenix, AZ

    W. Russell Shaw · Realty One Group

  10. 2203 W Marlette Avenue — photoNew27Active

    $350,000

    3 bd · 2 ba · — sqft

    2203 W Marlette Avenue, Phoenix, AZ

    Andrew McCargar · Done Deal

  11. 5517 N 29th Avenue — photo22Active

    $340,000

    4 bd · 2 ba · — sqft

    5517 N 29th Avenue, Phoenix, AZ

    Darren Couturier · Real Broker

  12. 4530 N 10th Street — photo22Active

    $359,000

    2 bd · 1 ba · — sqft

    4530 N 10th Street, Phoenix, AZ

    Dorothy Turiano · Compass

  13. 10621 N 9th Street — photo45Active

    $495,000

    3 bd · 2 ba · — sqft

    10621 N 9th Street, Phoenix, AZ

    Keith R Reece · HomeSmart

  14. 3021 W Bloomfield Road — photo15Active

    $459,000

    3 bd · 2 ba · — sqft

    3021 W Bloomfield Road, Phoenix, AZ

    Mitchell Rafael Chavez · Pak Home Realty

  15. 5207 N 24th Street Unit 104 — photoNew18Active

    $375,000

    1 bd · 2 ba · — sqft

    5207 N 24th Street Unit 104, Phoenix, AZ

    Tucker Blalock · The Brokery

  16. 2920 W Holly Street — photoOpen house Sat, Oct 17 · 9:30 AM20Active

    $309,999

    3 bd · 1 ba · — sqft

    2920 W Holly Street, Phoenix, AZ

    Kim Panozzo · HomeSmart

  17. 1008 E Osborn Road Unit C — photoNewOpen house Sat, Oct 17 · 11:00 AM36Active

    $198,000

    1 bd · 1 ba · — sqft

    1008 E Osborn Road Unit C, Phoenix, AZ

    Michael Maloney · West USA Realty

  18. 1 E Lexington Avenue Unit 1302 — photoNewOpen house Sat, Oct 17 · 12:00 PM35Active

    $475,000

    2 bd · 2 ba · — sqft

    1 E Lexington Avenue Unit 1302, Phoenix, AZ

    Kathy M Smith · Phoenix Urban Spaces

  19. 331 W Topeka Drive — photoNew47Active

    $375,000

    3 bd · 2 ba · — sqft

    331 W Topeka Drive, Phoenix, AZ

    Ryan Bruce McClain · Realty ONE Group

  20. 4173 E Huntington Drive — photoNew29Active

    $289,000

    2 bd · 2 ba · — sqft

    4173 E Huntington Drive, Phoenix, AZ

    Tyson Tomao · E & G Real Estate Services

  21. 3618 W Maricopa Street — photoNew28Active

    $325,000

    4 bd · 2 ba · — sqft

    3618 W Maricopa Street, Phoenix, AZ

    Laura Hernandez · My Home Group Real Estate

  22. 4840 E Capistrano Avenue — photo35Active

    $420,000

    3 bd · 2 ba · — sqft

    4840 E Capistrano Avenue, Phoenix, AZ

    Scott Zimmerman · Real Broker

  23. 3843 W Ruth Avenue — photoNew22Active

    $305,000

    2 bd · 1 ba · — sqft

    3843 W Ruth Avenue, Phoenix, AZ

    Kim Panozzo · HomeSmart

  24. 2003 N 51st Way — photoNew27Active

    $350,000

    3 bd · 2 ba · — sqft

    2003 N 51st Way, Phoenix, AZ

    Corrie Weeks · Infinity Wealth Real Estate

12…111

About Homes Under $500K in Phoenix, AZ

Homes Under $500K in Phoenix, AZ: 2,661 active listings as of October 16, 2026, 12:52 UTC.

Property types among these 2,661 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property typeListingsShare
Single Family Residence1,44254.2%
Townhouse55220.7%
Apartment1706.4%
Mfg/Mobile Housing1585.9%
Loft Style110.4%
Patio Home50.2%

Homes Under $500K in nearby cities

Realty.com

L. Custen Realty, Inc. d/b/a Realty.com/L. Custen Realty CT, LLC d/b/a Realty.com (Tom O’Leary-Broker)(CT properties only), 8323 Southwest Freeway, Suite 900, Houston, Texas 77074

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The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is derived from various Multiple Listing Services; each source MLS and its required disclaimer are shown with the listings on the applicable page. Realty.com is an independently owned and operated brokerage.

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Listing data & MLS disclosures

Arizona Regional Multiple Listing Service (ARMLS)
©2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Realty.com are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Last updated: 2026-10-16 12:19:05 UTC
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    Explore Phoenix homes

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    Your local team in Phoenix

    CJ

    Curtis Johnson

    eXp Realty

    Lic. #BR512932000

    eXp RealtyCall Curtis
    NJ

    Nathan Jensen

    Waterstone Mortgage

    NMLS #332253

    Nathan JensenCall Nathan

    Phoenix housing market

    September 2026 · This period is still settling

    Phoenix 12-month median sale price trend

    Selling at 98.8% of asking price

    Buyers here are paying below asking. MLS · 983 sales · as of Sep 30, 2026

    Homes that sold · County records, as of Sep 30, 2026

    Median sale price
    $465,000$339,197–$741,000 typical range
    Price per sq. ft.
    $268
    Sales
    1,307
    Paid in cash
    30.9%

    Homes on the market · MLS, as of Sep 27, 2026

    Median list price
    $453,500
    Homes for sale
    4,144

    Price trend · Assessor repeat sales, as of Sep 30, 2026

    Year-over-year
    -1.0%

    Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

    Median home size
    1,648 sq. ft.

    Phoenix, AZ community profile

    Population
    1,705,502
    Median income
    $70,396
    Housing units
    657,429
    People per sq. mi.
    3,583
    Area
    476 sq. mi.

    Source: HJN community data