Phoenix Homes under $500,000

Welcome to Phoenix, Arizona – a vibrant city that perfectly blends urban sophistication with the charm of the Southwest. Nestled in Maricopa County, Phoenix is renowned for its stunning desert landscapes, year-round sunshine, and a rich tapestry of cultural experiences. Whether you’re an outdoor enthusiast, a foodie, or a history buff, Phoenix has something for everyone.

One of the most appealing aspects of living in Phoenix is the diverse range of housing options available, particularly for those seeking homes under $500,000. The real estate market here is thriving, offering a variety of choices that cater to different lifestyles and budgets. From charming single-family homes in established neighborhoods to modern townhouses in up-and-coming areas, there’s a perfect place for you to call home.

Families will appreciate the excellent school districts, while young professionals will enjoy the bustling downtown scene filled with trendy restaurants, art galleries, and entertainment venues. For nature lovers, the nearby mountains and parks provide endless opportunities for hiking, biking, and enjoying the breathtaking Arizona sunsets.

With a cost of living that remains relatively affordable compared to other major cities, Phoenix stands out as an attractive option for first-time homebuyers and those looking to invest in a growing market. Don’t miss your chance to explore the beautiful homes available for under $500,000 in this dynamic city. Embrace the Phoenix lifestyle and find your dream home today!

Newest Phoenix Homes under $500,000

$445,000

2 Beds ⋅ 1 Baths ⋅ 7095098 MLS ⋅ 1,000 SqFt.

Charming home tucked into a Phoenix neighborhood that's gaining momentum. This home sits on a generous lot with room to spread out - whether that means a garden, play space, or an addition to make the house your own. Mature fruit trees add shade, color, and homegrown harvests season after season. Picture morning coffee in the yard, weekend gatherings, and plenty of space to dream big. Cozy up to the living room's wood burning fireplace on cool desert evenings, then slip into the hot tub under the stars. Best of all: NO HOA, so you get the freedom to build, park, and personalize as you like. Conveniently located near hiking and biking trails, resort golf course, restaurants, shopping - and easy access to highway 51, close to Scottsdale and PV. Come see the possibilities this home offers!

12041 N 23rd Street, Phoenix

$284,900

2 Beds ⋅ 2 Baths ⋅ 7095087 MLS ⋅ 1,209 SqFt.

Welcome home to the lovely, gated community of Tre Bellavia! This unit offers a wonderful opportunity to own an open, 2 bed, 2 bath split floorplan. Dining room off kitchen as well as a breakfast bar with kitchen boasting a large pantry and stainless-steel appliances. Plantation shutters on windows and a balcony off the primary suite. Full size laundry room upstairs. One car garage includes a generous additional storage room. Building is a corner unit, only steps from additional parking, the greenbelt and sparkling community play pool. Home is conveniently located near shopping, restaurants and is priced to show and sell!

2150 E Bell Road Unit 1167, Phoenix

$425,000

4 Beds ⋅ 3 Baths ⋅ 7095072 MLS ⋅ 2,026 SqFt.

4 Bedroom, 3 bath home with flex space. This highly sought-after single-story floor plan offers a spacious, open-concept design ideal for everyday living and entertaining. The eat-in kitchen features stainless steel appliances, a gas range, center island with granite countertops. Neutral interior finishes and tile flooring in all the right places. The desirable split-bedroom layout includes 4 bedrooms plus a versatile den/flex space conveniently located between the two middle bedrooms--perfect for a home office or bonus room. The front bedroom features a private full bathroom, while the secondary bedrooms offer ample space. Additional features include 2-inch blinds, large laundry room with washer and dryer and water softener. Fully landscaped and move-in ready.

6765 W Southgate Avenue, Phoenix

$139,990

3 Beds ⋅ 2 Baths ⋅ 7095063 MLS ⋅ 730 SqFt.

Manufactured Home ON OWNED LAND!!! Move in Ready- and Great Investment opportunity! This is your chance to become the proud owner of this corner lot manufactured home in Oppenheimer Estates. Explore inside to find an inviting living area showcasing wood-look tile floor, designer palette throughout, and sliding glass doors opening to the back patio. Plus! You will have a quaint backyard with a covered patio ready for your personal touch. Remodeled and outside Stucco on It.

9405 S 11th Drive, Phoenix

3236 E Chandler Boulevard Unit 2043, Phoenix

$309,900

2 Beds ⋅ 2 Baths ⋅ 7095058 MLS ⋅ 1,093 SqFt.

Welcome to this 2-bedroom, 2-bathroom condo offering 1,093 sq ft of comfortable living space and a 1-car garage. The single-level interior features a functional layout with plenty of potential to make the space your own. Enjoy the convenience of community amenities, including a community pool, while having your own private residential retreat. One or more photos may have been virtually staged.

3236 E Chandler Boulevard Unit 2043, Phoenix

$299,000

2 Beds ⋅ 1 Baths ⋅ 7095051 MLS ⋅ 912 SqFt.

Conveniently located near the I-10 Freeway, this charming single-story home features a HUGE backyard with endless possibilities, an RV gate perfect for extra parking or recreational vehicles, a beautifully remodeled kitchen with quartz countertops and stainless steel appliances, and a spacious open floor plan perfect for comfortable everyday living. This fully fenced property offers 2 bedrooms, 1 bathroom, and convenient carport parking. The freshly painted interior flows seamlessly into the dining area and renewed kitchen, featuring stainless steel appliances, tile backsplash, quartz countertops, and a center island that makes meal preparation a breeze. Sizable bedrooms provide comfortable retreats for relaxation, PLUS a washer and dryer are included! Step outside to the oversized backy

3224 W Cypress Street, Phoenix

$125,000

4 Beds ⋅ 3 Baths ⋅ 7095016 MLS ⋅ 2,205 SqFt.

Fixer Upper / REMODEL ALERT! The Home has been gutted and needs everything. Rebuilt it or scaped the current structure. Value is currently in the land, but house can be brought back to living standard. Bring your imagination. Bring your best offer! This property is being sold by the Receivership Court, AS-IS. NO REPAIRS WILL BE MADE.

5810 S 21st Drive, Phoenix

$249,900

3 Beds ⋅ 3 Baths ⋅ 7094999 MLS ⋅ 1,360 SqFt.

BUYER INCENTIVE! Seller offering up to $5,000 toward buyer's allowable closing costs, prepaid expenses, or interest rate buydown with an acceptable offer, subject to lender approval. Partially remodeled townhome in a fantastic deer valley location! This 3-bedroom, 2.5-bath townhome offers convenient access to I-17 and Loop 101 in quaint community with lush, shaded greenbelts, a sparkling community pool, and a spa. Updates include partially refreshed bathrooms, wood-look laminate flooring upstairs, an updated front door and security door, dark solar window screens, and stainless steel appliances. Enjoy front and backyard outdoor spaces, two covered carport spaces, and nearby visitor parking. HOA-maintained exterior adds convenience to this inviting home!

20232 N 21st Drive, Phoenix

$370,000

4 Beds ⋅ 2 Baths ⋅ 7094976 MLS ⋅ 1,763 SqFt.

Welcome home to this charming residence in Phoenix! NO HOA! Nestled on a desirable corner lot, featuring 4 beds, 2 baths, a 2-car garage, an RV gate, low-care landscape, and a brick-accent facade. Inside, you'll find vaulted ceilings, abundant natural light, tile floors, and a formal living area. Further in, the eat-in kitchen is highlighted by a cozy brick fireplace and boasts gray cabinetry, granite counters, mosaic tile backsplash, SS appliances, and a breakfast bar. The primary bedroom offers direct backyard access and includes a private bath w/glass-enclosed tile shower and a mirrored-door closet. A versatile den provides additional space for a home office or flex area. The backyard offers a covered patio and ample room to create your own private retreat! Don't miss this opportunity!

8602 W Heatherbrae Drive, Phoenix

$380,000

3 Beds ⋅ 2 Baths ⋅ 7094957 MLS ⋅ 1,240 SqFt.

Modern and Bright Remodeled Single Level Home with a RV Gate! Located on a spacious corner lot, this home features 3 Bedrooms and 2 baths. Completely remodeled throughout with modern and warm touches throughout. Brand new Kitchen! New custom designer cabinets, quartz countertops and sleek black stainless steel appliances.New flooring. New Paint. New Carpet. New light fixtures. Custom touches throughout and upgraded light fixtures. NEW ROOF! The corner lot allows for a big backyard with space for toys or to add a new pool! Conveniently located close to I10 and the Loop 202.

7062 W Garfield Street, Phoenix

$399,900

3 Beds ⋅ 2 Baths ⋅ 7094955 MLS ⋅ 1,248 SqFt.

Discover the comfort and tranquility of rural New River in this quaint and beautifully updated 3-bedroom, 2-bath home nestled in the impressive Circle Mountain area. Thoughtfully remodeled in 2017, the home features a fresh, inviting interior with ceramic plank tile flooring, granite countertops, updated cabinetry, stainless steel appliances, and a newer HVAC system. Recent improvements add even more value and peace of mind, including a beautifully remodeled hall bathroom, new roof, new carpet, and fresh interior and exterior paint. The desirable split-bedroom floor plan provides privacy, while the vaulted great room creates a spacious and welcoming gathering area filled with natural character. Outside, enjoy the relaxed rural lifestyle from the extended elevated covered patio, perfect for morning coffee, entertaining, or taking in the surrounding scenery. The property also offers a covered parking/shade structure, tack room/storage shed, chicken pen, fenced lower arena, and 17 mature Palo Verde trees. A private well and 1,500-gallon water storage tank add practicality for rural living. Whether you're looking for a comfortable full-time residence, a peaceful retreat, or a property with room for animals and outdoor pursuits, this charming New River home offers a wonderful blend of modern updates, functionality, and country living in a scenic Circle Mountain setting.

42011 N 3rd Street, Phoenix

$425,000

4 Beds ⋅ 2 Baths ⋅ 7094940 MLS ⋅ 1,632 SqFt.

Beautiful and well-maintained 4-bedroom home with RV GATE, POOL AND NO HOA!! This homes offers ample parking for multiple vehicles right out front, perfect for guests or your vehicles. Enjoy the freedom of no HOA and a convenient North Phoenix location, with major improvements, including a **new HVAC system (2024), roof replacement (2017), and new pool pump (2024) Pool replastered (2024 ) Conveniently located near Thunderbird Road and 35th Avenue, with easy access to the I-17 freeway for a smooth commute. Just minutes from shopping, dining, schools, parks, and everyday amenities. Don't miss this wonderful opportunity to own this amazing home.

3411 W Redfield Road, Phoenix

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