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Arizona Homes for Sale Under 500K

26,407 Homes for Sale

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Price CutPrice Drop: $20K

$499,999

Views: 16

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 2,259sqft

Single family home for sale

1915 E Latona Rd, Phoenix, AZ 85042

Coldwell Banker Realty. Listing provided by ARMLS

$499,995

Views: 5

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,955sqft

Single family home for sale

1353 N Abner, Mesa, AZ 85205

Apache Gold Realty, Llc. Listing provided by ARMLS

New ConstructionNew Construction

$499,990

Views: 10

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,530sqft

Single family home for sale

18427 W Manzanita Dr, Waddell, AZ 85355

Meritage Homes Of Arizona, Inc. Listing provided by ARMLS

New ConstructionNew Construction

$499,990

Views: 10

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,552sqft

Single family home for sale

18431 W Manzanita Dr, Waddell, AZ 85355

Meritage Homes Of Arizona, Inc. Listing provided by ARMLS

Price CutPrice Drop: $15K
3D Tour3D Tour

$499,990

Views: 17

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,807sqft

Sale Pending

1847 E Kramer St, Mesa, AZ 85203

Dfh Realty Arizona, Llc. Listing provided by ARMLS

$499,990

Views: 18

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,853sqft

Single family home for sale

8238 W Alex Ave, Peoria, AZ 85382

De Clair Advantage Real Estate. Listing provided by ARMLS

Showing 169 - 210 of 26,407 homes for sale in Arizona

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Arizona Housing Market Overview

Arizona is a balanced market, giving buyers and sellers room to negotiate. With 4.4 months of supply and homes averaging 78 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

78

Inventory

25,265

Sep 2021Jun 2024Sep 2026

Median Home Price

$464,990Down 1.07%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
25,265 Up 8.09%
Newly Listed Homes
9,208 Up 0.04%
Months of Supply
4.4 Up 15.79%

Housing Demand

Homes Sold
5,770 Down 7.34%
Sale-to-List Ratio
98% Up 0.02%
Homes Sold Above List
14.2% Up 5.36%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

View Full Arizona Market Report
  • mls-img

    Based on information from the Arizona Regional Multiple Listing Service through Oct 30, 2026, 6:15 AM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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Homes Available icon

26,407

Homes Available

Median List Price icon

$ 464,990

Median List Price

Avg on Market icon

78 Days

Avg on Market