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Homes for Sale Under 500K in Phoenix, AZ

4,096 Homes for Sale

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3D Tour3D Tour

$459,950

Views: 9

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 2,357sqft

Single family home for sale

3025 W T Ryan Ln, Phoenix, AZ 85041

Re/Max Desert Showcase. Listing provided by ARMLS

3D Tour3D Tour

$459,900

Views: 6

Bedrooms: 4Bds

Bathrooms: 2Ba

Area: 1,512sqft

Single family home for sale

2520 E Libby St, Phoenix, AZ 85032

A.Z. & Associates. Listing provided by ARMLS

Price CutPrice Drop: $10.1K

$459,900

Views: 6

Bedrooms: 5Bds

Bathrooms: 3Ba

Area: 2,116sqft

Single family home for sale

2327 E Levi Dr, Phoenix, AZ 85040

Keller Williams Integrity First Realty. Listing provided by ARMLS

HotHot

$459,000

Views: 17

Bedrooms: 3Bds

Bathrooms: 3Ba

Area: 1,781sqft

Single family home for sale

506 E Kerry Ln, Phoenix, AZ 85024

West Usa Realty. Listing provided by ARMLS

Price CutPrice Drop: $11.9K
3D Tour3D Tour

$458,000

Views: 10

Bedrooms: 4Bds

Bathrooms: 4Ba

Area: 2,802sqft

Single family home for sale

10116 W Luxton Ln, Tolleson, AZ 85353

West Usa Realty. Listing provided by ARMLS

Price CutPrice Drop: $8K

$457,000

Views: 9

Bedrooms: 5Bds

Bathrooms: 3Ba

Area: 2,383sqft

Single family home for sale

7239 W Park St, Laveen, AZ 85339

West Usa Realty. Listing provided by ARMLS

Showing 505 - 546 of 4,096 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 30, 2026, 5:15 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

4,096

Homes Available

Median List Price icon

$ 454,500

Median List Price

Avg on Market icon

69 Days

Avg on Market