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Homes for Sale Under 500K in Phoenix, AZ

4,080 Homes for Sale

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HotHot
3D Tour3D Tour

$500,000

Views: 15

Bedrooms: 5Bds

Bathrooms: 4Ba

Area: 3,079sqft

Single family home for sale

8809 S 10th Drive, Phoenix, AZ 85041

Coldwell Banker Realty. Listing provided by ARMLS

$500,000

Views: 12

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,784sqft

Single family home for sale

6033 N 8th Street, Phoenix, AZ 85014

Arizona Proper Real Estate Llc. Listing provided by ARMLS

Price CutPrice Drop: $24.9K
3D Tour3D Tour

$500,000

Views: 14

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,524sqft

Single family home for sale

15411 S 45th Street, Phoenix, AZ 85044

Re/Max Fine Properties. Listing provided by ARMLS

HotHot

$500,000

Views: 17

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 2,204sqft

Single family home for sale

10609 S 55th Drive, Laveen, AZ 85339

Nextview Home Professionals Llc. Listing provided by ARMLS

Price CutPrice Drop: $25K
3D Tour3D Tour

$500,000

Views: 13

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 2,046sqft

Single family home for sale

5326 W Allen St, Laveen, AZ 85339

Exp Realty. Listing provided by ARMLS

HotHot
3D Tour3D Tour

$500,000

Views: 12

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,704sqft

Single family home for sale

1530 W Dunlap Ave, Phoenix, AZ 85021

Jason Mitchell Real Estate. Listing provided by ARMLS

New
3D Tour3D Tour

$500,000

Views: 3

Bedrooms: 3Bds

Bathrooms: 2Ba

Area: 1,647sqft

Single family home for sale

14837 S 25th Way, Phoenix, AZ 85048

Russ Lyon Sotheby'S International Realty. Listing provided by ARMLS

Price CutPrice Drop: $100K

$499,999

Views: 12

Bedrooms: 4Bds

Bathrooms: 3Ba

Area: 1,678sqft

Single family home for sale

1707 W Highland Ave, Phoenix, AZ 85015

Success Property Brokers. Listing provided by ARMLS

$499,999

Views: 6

Bedrooms: 5Bds

Bathrooms: 3Ba

Area: 3,018sqft

Single family home for sale

4128 S 105th Drive, Tolleson, AZ 85353

Weichert, Realtors - Courtney Valleywide. Listing provided by ARMLS

Showing 1 - 42 of 4,080 homes for sale in Phoenix, AZ

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Phoenix, AZ Housing Market Overview

Phoenix is a balanced market, giving buyers and sellers room to negotiate. With 4.1 months of supply and homes averaging 69 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

69

Inventory

4,816

Sep 2021Jun 2024Sep 2026

Median Home Price

$454,500Up 0.12%

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
4,816 Up 9.73%
Newly Listed Homes
5,463 Up 2.88%
Months of Supply
4.1 Up 20.59%

Housing Demand

Homes Sold
3,495 Down 8.89%
Sale-to-List Ratio
98.1% Up 0.31%
Homes Sold Above List
15.4% Up 5.39%

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

View Full Phoenix Market Report
  • mls-img

    Based on information from the Arizona Regional Multiple Listing Service through Oct 29, 2026, 2:15 PM. 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

4,080

Homes Available

Median List Price icon

$ 454,500

Median List Price

Avg on Market icon

69 Days

Avg on Market