6538 N 43rd Avenue, Glendale

Homes for Sale in Phoenix, AZ Under $500,000
Buying a home in Phoenix doesn’t have to mean stretching your budget. There are plenty of options under $500,000 — from stylish condos and townhomes to charming single-family homes in established neighborhoods and brand-new builds in growing communities.
This page updates in real time, so you can see the newest Phoenix homes under $500k the moment they hit the market.
Why Start Your Search Here?
- Stay ahead: New listings appear here as soon as they’re active in the MLS.
- Save your favorites: Keep track of homes you love in one place.
- Set alerts: Get instant notifications when a new property matches your budget.
- Filter with ease: Narrow by neighborhood, square footage, lot size, pool, HOA, and more.
What You’ll Find Under $500K in Phoenix
- Condos & Townhomes: Low-maintenance living, close to shopping, dining, and transit.
- Single-Family Homes: Established neighborhoods with yards, shade trees, and character.
- New Construction: Modern finishes, energy-efficient designs, and builder warranties.
- Investment Opportunities: Rental-ready properties with strong cash flow potential.
Tips for Buying in This Price Range
- Be ready to move fast: Homes under $500k often sell quickly in Phoenix.
- Get pre-approved: A strong pre-approval can help your offer stand out.
- Watch for price drops: Motivated sellers may adjust pricing for a quicker sale.
- Think long-term: Consider appreciation potential and neighborhood growth.
Looking for a head start? Tell me your must-haves, and I’ll send you a curated list of homes under $500k that actually fit your needs.
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📞 Call/Text: 623-252-1424
✉️ jon.baer@dgpaz.com
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.