Homes Under $500K in Phoenix, AZ

3 beds

2,345 listings

Sell

Home Loans

Find an Agent

New construction

With a pool

Homes Under $500K in Phoenix, AZ

Hide Map

24 of 2,345 Listings

Map

Homes Under $500K in Phoenix, AZ

24 of 2,345 Listings

Your local team in Phoenix

Curtis Johnson

eXp Realty

Lic. #BR512932000

Call Curtis

Nathan Jensen

Waterstone Mortgage

NMLS #332253

Call Nathan

23Active
$310,000
3 bd · 2 ba · 1,345 sqft
4146 N 56th Drive, Phoenix, AZ
Rebeca Borges · Copper Summit Real Estate LLC
14Active
$225,000
2 bd · 2 ba · 1,184 sqft
920 E Devonshire Avenue 2006, Phoenix, AZ
Beth Jo Zeitzer · R.O.I. Properties
New28Active
$350,000
2 bd · 2 ba · 1,135 sqft
4201 E Camelback Road 31, Phoenix, AZ
John O'Hagan · Retro Real Estate

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: 2026-09-01 04:21:00 UTC

Phoenix housing market

July 2026 · This period is still settling

Selling at 98.9% of asking price

Buyers here are paying below asking. MLS · 879 sales · as of Jul 25, 2026

Homes that sold · County records, as of Jul 16, 2026

Median sale price: $502,500$355,000–$900,000 typical range
Price per sq. ft.: $272
Sales: 716
Paid in cash: 30.9%

Homes on the market · MLS, as of Jul 21, 2026

Median list price: $459,900
Homes for sale: 3,780

Price trend · Assessor repeat sales, as of Jul 31, 2026

Year-over-year: 10.0%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 15, 2026

Median home size: 1,610 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

Explore Phoenix homes

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: 2026-09-01 04:21:00 UTC

Your local team in Phoenix

Curtis Johnson

eXp Realty

Lic. #BR512932000

Call Curtis

Nathan Jensen

Waterstone Mortgage

NMLS #332253

Call Nathan

Your local team in Phoenix

Curtis Johnson

eXp Realty

Lic. #BR512932000

Call Curtis

Nathan Jensen

Waterstone Mortgage

NMLS #332253

Call Nathan

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

Phoenix housing market

July 2026 · This period is still settling

Selling at 98.9% of asking price

Buyers here are paying below asking. MLS · 879 sales · as of Jul 25, 2026

Homes that sold · County records, as of Jul 16, 2026

Median sale price: $502,500$355,000–$900,000 typical range
Price per sq. ft.: $272
Sales: 716
Paid in cash: 30.9%

Homes on the market · MLS, as of Jul 21, 2026

Median list price: $459,900
Homes for sale: 3,780

Price trend · Assessor repeat sales, as of Jul 31, 2026

Year-over-year: 10.0%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 15, 2026

Median home size: 1,610 sq. ft.

Safety & registry resources

Safety & registry resources

Safety & registry resources

Homes Under $500K in Phoenix, AZ

Your local team in Phoenix

Listing data & MLS disclosures

Phoenix housing market

Homes that sold · County records, as of Jul 16, 2026

Homes on the market · MLS, as of Jul 21, 2026

Price trend · Assessor repeat sales, as of Jul 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 15, 2026

Phoenix, AZ community profile

Explore Phoenix homes

Listing data & MLS disclosures

Your local team in Phoenix

Your local team in Phoenix

Phoenix, AZ community profile

Phoenix housing market

Homes that sold · County records, as of Jul 16, 2026

Homes on the market · MLS, as of Jul 21, 2026

Price trend · Assessor repeat sales, as of Jul 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 15, 2026