Phoenix Homes under $500,000

Phoenix Homes under $500,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Phoenix and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Newest Phoenix Homes under $500,000

3820 W Encanto Boulevard, Phoenix
$389,900
4 Beds ⋅ 2 Baths ⋅ 7089119 MLS ⋅ 960 SqFt.
Welcome home! This beautifully updated property offers a fresh, modern interior with stylish finishes throughout. The bright kitchen features crisp white cabinetry, sleek countertops, stainless steel appliances, recessed lighting, and contemporary black fixtures. The updated bathroom showcases clean finishes and a modern vanity. Enjoy an open, inviting living space with plenty of natural light, plus a spacious backyard with lots of potential for entertaining, gardening, or creating your own outdoor retreat. The gated front yard and attached garage add convenience and functionality. Move-in ready and waiting for its new owner!

3820 W Encanto Boulevard, Phoenix
749 E Montebello Avenue Unit 229, Phoenix
$189,000
2 Beds ⋅ 2 Baths ⋅ 7089118 MLS ⋅ 840 SqFt.
Central Corridor location! Beautiful gated community at Montebello Gardens! This charming second-level unit features a large front porch, lush landscaping, and a light, open floor plan. Two spacious bedrooms and two full baths, eat-in kitchen, three ceiling fans, and great views of the community greenery. Enjoy low-maintenance living with HOA services including water, sewer, gas, trash, exterior maintenance, roof replacement, and building insurance. Community pool! Ideally located near Route 51, Downtown Phoenix, Biltmore, shopping, dining, and entertainment. Madison School District. Limited neighbors and a peaceful setting make this a wonderful place to call home. Hurry--this one won't last long!

749 E Montebello Avenue Unit 229, Phoenix
2110 W Carol Ann Way, Phoenix
$450,000
3 Beds ⋅ 2 Baths ⋅ 7089113 MLS ⋅ 1,539 SqFt.
Single-level living + flexible 4th bedroom potential + the GATED community's LARGEST LOT + park-side privacy + realistic Seller = an opportunity worth seeing. In a market where buyers have choices, this North Phoenix home delivers the features that are hard to duplicate--along with a seller willing to help make the numbers work! Located in a gated community just minutes from major freeways, this lovingly maintained, single-level home offers 3 bedrooms + a den that can easily become a 4th bedroom, giving you the flexibility to create the space that works for your lifestyle. Vaulted ceilings, abundant natural light and a nicely appointed kitchen make the home feel open, bright and inviting. But the real showstopper is outside. Situated on the LARGEST LOT IN THE COMMUNITY, the expansive backyard backs directly to the neighborhood park, giving you additional privacy with no home immediately behind. Enjoy the beautiful yard as it is or take advantage of all that extra space and create the backyard you've been dreaming about--with plenty of room to add a pool! And with today's interest rates, the seller wants to help make homeownership a little easier. With an acceptable offer, the seller is willing to contribute toward BUYER CLOSING COSTS and/or an INTEREST RATE BUY-DOWN, potentially helping reduce your cash needed at closing or your monthly mortgage payment. Why settle when you can have the space, location and flexibility--and a seller ready to work with you? Come see what makes this one stand out!

2110 W Carol Ann Way, Phoenix
2121 W Sonoran Desert Drive Unit 155, Phoenix
$450,000
3 Beds ⋅ 3 Baths ⋅ 7089104 MLS ⋅ 1,826 SqFt.
Final opportunity to own a Toll Brothers condo at Valle Norte! Private gated community with amenities. Unit in our model home building across from amenities and pool. Available for immediate move-in! Sizable great room, casual dining area, and covered deck are accessible to the kitchen, great for year-round entertaining. The kitchen is well-appointed, offering wraparound counter and cabinet space, a center island with accompanying breakfast bar, as well as a sizable pantry. Primary bedroom suite enhanced by private covered deck and walk-in closet! Designer features throughout.

2121 W Sonoran Desert Drive Unit 155, Phoenix
3102 W Eagle Claw Drive, Phoenix
$500,000
3 Beds ⋅ 2 Baths ⋅ 7089096 MLS ⋅ 2,094 SqFt.
3102 W Eagle Claw Dr, Phoenix, AZ 85086 - Stunning Tramonto Retreat - Where Desert Living Meets Luxury, lush & quiet interior lot with view fence backing NAOS & walking trail, wall to wall tile, 3 bedrooms + bonus room, large great room, Gourmet Kitchen: Show off your culinary skills with granite countertops, an oversized island, and sleek stainless steel appliances, plantation shutters, lush backyard to die for, built in BBQ and fireplace, oversized covered patio, turf and beautiful landscape surround your yard, no direct neighbors behind, NAOS with view fence, spa motor conveys AS IS. Great location short distance to shopping, restaurants, schools and freeway access.

3102 W Eagle Claw Drive, Phoenix
2316 W Marlette Avenue, Phoenix
$315,000
3 Beds ⋅ 2 Baths ⋅ 7089095 MLS ⋅ 1,120 SqFt.
Equipped with striking hardwood cabinets, elegant faux granite countertops, stainless steel appliances. Bright, inviting rooms with excellent natural light. Well landscaped front and back yard offer a relaxing retreat from your busy life.

2316 W Marlette Avenue, Phoenix
9222 N 35th Avenue Unit 1, Phoenix
$190,000
2 Beds ⋅ 1 Baths ⋅ 7089056 MLS ⋅ 750 SqFt.
Welcome to your updated Central Phoenix charmer! This cozy 2 bed, 1 bath home has a great location. Just minutes from GCU, GCC, Metro center, and I-17 for an easy commute. Move-in ready and waiting for you!

9222 N 35th Avenue Unit 1, Phoenix
2302 N Central Avenue Unit 404, Phoenix
$299,000
2 Beds ⋅ 2 Baths ⋅ 7089053 MLS ⋅ 1,277 SqFt.
Step inside this 4th-floor residence at Tapestry on Central with amazing east facing views. A separate den greets you near the entry, providing a dedicated setup for a quiet home office. To the left, the kitchen features gas cooking and an adjacent indoor laundry room. The layout opens up to a split 2-bedroom design centered around a main living area with a gas fireplace. Step out onto the private balcony for city and mountain views. Includes 2 assigned spaces in the gated underground garage and full access to community amenities: heated pool, spa, sauna, and fitness center. Located in Midtown Phoenix directly across from the Encanto Light Rail station, steps from the Heard Museum, Phoenix Art Museum, and local dining.

2302 N Central Avenue Unit 404, Phoenix
1019 E Pima Street, Phoenix
$139,900
3 Beds ⋅ 2 Baths ⋅ 7089032 MLS ⋅ 1,452 SqFt.
Duplex Cash-only purchase; requires total renovation. No inspection or financing contingencies. No Buyer Premium. Information deemed reliable but not guaranteed; for informational purposes only, not a legal document. Buyer or Buyer's Agent to verify all material facts: figures, schools, dimensions, square footage, permits, etc.

1019 E Pima Street, Phoenix
1017 E Pima Street, Phoenix
$139,900
3 Beds ⋅ 2 Baths ⋅ 7089029 MLS ⋅ 1,544 SqFt.
Cash-only purchase; duplex back house rented for $700/month. Requires total renovation. No inspection or financing contingencies. No Buyer Premium. Information deemed reliable but not guaranteed; for informational purposes only, not a legal document. Buyer or Buyer's Agent to verify all material facts: figures, schools, dimensions, square footage, permits, etc.

1017 E Pima Street, Phoenix
1427 S 13th Place, Phoenix
$139,900
3 Beds ⋅ 1 Baths ⋅ 7089024 MLS ⋅ 1,287 SqFt.
Cash-only purchase; requires total renovation. No inspection or financing contingencies. No Buyer Premium. Information deemed reliable but not guaranteed; for informational purposes only, not a legal document. Buyer or Buyer's Agent to verify all material facts: figures, schools, dimensions, square footage, permits, etc.

1427 S 13th Place, Phoenix
4015 S 45th Street, Phoenix
$199,000
3 Beds ⋅ 1 Baths ⋅ 7089018 MLS ⋅ 1,008 SqFt.
Discover modern living in this beautifully remodeled 3-bedroom, 1-bath townhouse! Enjoy a bright, open living space filled with natural light and stylish wood-look plank flooring. The fully updated kitchen features sleek quartz countertops, a smooth-top electric range, and stainless steel appliances. Upstairs, find generously sized, updated bedrooms and a stylish bathroom. Relax on your private patio or enjoy the community pool just steps away. Additional features include assigned parking, laundry hookups, and extra storage. Conveniently located just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, ASU, and major freeways, this move-in-ready home offers modern style and everyday convenience!

4015 S 45th Street, Phoenix
Start Your Search

Copyright 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. 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.