Phoenix Homes under $500,000

Phoenix Homes under $500,000

Welcome to the vibrant city of Phoenix, Oregon, nestled in the picturesque Jackson County. Known for its charming small-town ambiance and stunning natural surroundings, Phoenix is a hidden gem that offers an idyllic lifestyle for families, retirees, and everyone in between. With the majestic Cascade Mountains to the east and the beautiful Rogue River nearby, outdoor enthusiasts will find endless opportunities for hiking, fishing, and exploring.

Phoenix boasts a tight-knit community with a rich cultural heritage, highlighted by local festivals, farmers' markets, and an array of delightful shops and eateries. The city’s commitment to preserving its unique character is evident in its well-maintained parks and recreational facilities, making it an inviting place for residents and visitors alike.

For those seeking to plant roots in this enchanting city, there’s good news! Phoenix offers a diverse selection of homes priced under $500,000, making it an excellent option for first-time buyers or those looking to downsize without sacrificing quality of life. From cozy single-family homes to charming townhouses, the real estate market here provides a variety of choices to suit different lifestyles and preferences.

Imagine waking up in your own home, surrounded by the stunning landscapes of Southern Oregon, with easy access to both urban conveniences and outdoor adventures. The affordability of homes in Phoenix allows you to enjoy a comfortable living while still having the freedom to explore the beauty that this remarkable region has to offer. Come discover your dream home in Phoenix, where community spirit and natural beauty come together harmoniously!

Newest Phoenix Homes under $500,000

130 Sharon Drive, Phoenix
$459,000
3 Beds ⋅ 2 Baths ⋅ 220230206 MLS
Renovated Home with Flexible Living Space and a Spacious Backyard! Welcome to this refreshed 2,046 sq. ft. home in Phoenix, offering 3 bedrooms, plus an office or 4th bedroom, 2 baths gas heat and A/C. Recent updates include new flooring, fresh interior and exterior paint, updated bathrooms and light fixtures and a refreshed kitchen with new granite countertops. The attached additional living area features a bedroom, living room, half bath, and the beginnings of a kitchen, offering potential for dual living, guests, or possible rental income. Situated on a generous 0.30-acre lot, the property features a spacious backyard, multiple outbuildings, and convenient walking access to Blue Heron Park. Whether you're looking for room to spread out, flexible living arrangements, or an investment opportunity, this property is full of potential! Buyer to verify all information regarding property, ADU status, zoning, and all permitted uses. Seller is a licensed real estate broker in Oregon.

130 Sharon Drive, Phoenix

Listing courtesy of i5 Real Estate.

207 Oak Street, Phoenix
$379,000
3 Beds ⋅ 2 Baths ⋅ 220229959 MLS
Like-New Construction in Phoenix for $389,000! Completely renovated in 2024, this beautifully updated 3-bedroom, 2-bath home offers nearly 1,400 square feet of modern living and the feel of a nearly new home. Tucked away off the main road, this property has been transformed with extensive updates throughout, including a new roof, electrical, plumbing, HVAC system and ductwork, windows, cabinetry, countertops, flooring, and so much more. Inside, a spacious, light-filled living area with large windows welcome in abundant natural light. The stunning kitchen features soft, light-toned cabinetry, stylish countertops, and stainless steel appliances, creating a fresh, contemporary feel. The dining area opens directly to a generous backyard, offering a blank canvas ready for your personal touch--whether you envision outdoor entertaining, gardening, or your own private retreat.

207 Oak Street, Phoenix

Listing courtesy of John L. Scott Medford.

105 Maple Street, Phoenix
$319,000
3 Beds ⋅ 1 Baths ⋅ 220229751 MLS
Move-in ready Craftsman-style bungalow in the heart of Phoenix! This charming home features original hardwood floors, fresh interior paint, updated windows, and central HVAC. Two bedrooms are complemented by a spacious bonus third bedroom accessed through the laundry area--ideal for a home office, guest space, or hobbies. The generously sized lot offers an expansive backyard with room for entertaining, gardening, and recreation. Enjoy the extra space or explore potential lot partitioning and development opportunities, including an additional single-family residence or multifamily use, subject to zoning, buyer due diligence, and city approval. A welcoming home with room to enjoy today and possibilities for the future!

105 Maple Street, Phoenix

Listing courtesy of Invest Rite Realty Group, LLC.

400 Oak Street, Phoenix
$295,000
3 Beds ⋅ 3 Baths ⋅ 220229018 MLS
Wonderful stylish Earth Advantage energy efficient townhome in convenient location. Check out the photos! You will love the open and sunny contemporary feeling of this immaculate 3 bedroom and 2 ½ bath end-unit which allows beautiful natural light to flow throughout this lovely home. Spacious main living areas provide modern comfort with warm wood-like flooring that flows throughout the entry way, living, dining and kitchen areas for connected living. The living room is open and is a great spot to relax with family and friends. Spacious kitchen offers stainless appliances, granite counters and oversized granite dining bar. Main level spacious primary suite with walk-in closet and nice bathroom with granite counter. Upper-level features two bedrooms and 2nd full bathroom with granite and tub/shower combo. Laundry room. Outdoor patio. Extra parking. Near all amenities, great schools and shopping.

400 Oak Street, Phoenix

Listing courtesy of Millen Property Group.

113 Chelsea Court, Phoenix
$425,000
3 Beds ⋅ 2 Baths ⋅ 220228901 MLS
Come check out this fantastic home tucked away on a quiet cul-de-sac street! The inviting open living space is perfect for relaxing or entertaining, while the kitchen features beautiful cherry cabinets, granite countertops, and a convenient walk-in pantry. The oversized primary suite offers plenty of room to unwind, complete with an attached en suite bathroom and large walk-in closet. Two secondary bedrooms are located at the front of the home, with a hall bathroom just steps away for added convenience. Start your morning with coffee or tea on the back patio, where you can soak up the sunshine or relax in the shade beneath the covered portion. The backyard is ready for your vision and personal touch, with a mature fig tree and a couple of raised planter beds already in place to get you started. Come see the possibilities and make this inviting home your own!

113 Chelsea Court, Phoenix

Listing courtesy of RE/MAX Integrity Grants Pass.

400 S Rose Street A-B Unit A-B, Phoenix
$416,500
220227542 MLS
Hard-to-find duplex in a great Phoenix location, situated on two lots totaling approximately .42 acres! Well maintained with a newer roof, upgraded windows, newer hot water heaters, laminate flooring & efficient ductless mini-split heat pumps along with newer fencing. Each unit features its own single-car garage with washer & dryer hookups. Set back from the street, the duplex offers added privacy and a spacious setting. The sale includes the adjoining .24-acre lot, providing an exceptionally large side yard and added possibilities. A portion of the additional lot extends across the irrigation canal. A unique opportunity for an investor or owner-occupant looking for a duplex with more land, privacy & flexibility than you typically find.

400 S Rose Street A-B Unit A-B, Phoenix

Listing courtesy of RE/MAX Integrity.

249 Dano Drive, Phoenix
$320,000
3 Beds ⋅ 3 Baths ⋅ 220226413 MLS
Beautifully appointed townhome featuring rich colors, chic décor, & abundant natural light that creates a warm & inviting atmosphere. The thoughtfully designed two-story floor plan offers comfortable living spaces ideal for both everyday living & entertaining. The main level showcases luxury vinyl plank flooring & an open-concept layout. The well-appointed kitchen features stainless steel appliances, including a gas range, granite countertops, & a center island with bar seating, seamlessly flowing into the dining and living areas. Sliding glass doors open to a private deck overlooking a peaceful natural backdrop, creating the perfect space to relax & unwind. Upstairs, the spacious primary suite offers a walk-in closet & ensuite bath with granite countertops. Two additional bedrooms, a full guest bath, & a convenient laundry closet with a stackable washer and dryer complete the upper level. Don't miss the opportunity to make this exceptional property your own. Welcome Home!

249 Dano Drive, Phoenix

Listing courtesy of John L Scott Ashland.

502 S B Street, Phoenix
$450,000
5 Beds ⋅ 3 Baths ⋅ 220223012 MLS
Spacious, versatile, and thoroughly updated single-level home located between Colver Park and the Phoenix Public Library. New doors, updated hardware, quartz counters and dining island, solid-surface vanities, new plumbing fixtures, and all-new waterproof vinyl plank flooring with new baseboards professionally installed throughout in 2026. Ramped entry from Elm Street to covered porch, vaulted living room with abundant natural light, kitchen with updated stainless steel appliances and walk-in pantry, formal dining area, nearby office or bedroom, family room, two potential primary bedrooms with access to full ensuite bathrooms, three additional bedrooms with closets, and full bathroom with double vanity. Multiple exterior entrances suitable for multi-generational living. Fully permitted residential addition by Coleman Creek Construction with new roofing, updated HVAC, plumbing, and electrical in 2005. Off-street parking area and fenced yard with mature plantings. Inquire for details!

502 S B Street, Phoenix

Listing courtesy of John L. Scott Ashland.

412 Barnum Drive, Phoenix
$465,000
3 Beds ⋅ 2 Baths ⋅ 220221063 MLS
Welcome to a perfect blend of comfort, style, and a great family neighborhood atmosphere. Light, bright, and impeccably maintained, this super-clean 3 bed 2 bath spacious home truly has it all. Defined by soaring vaulted ceilings, a popular split floor plan layout and flowing natural light. At the heart of the home, the breathtaking, open-concept kitchen flows effortlessly toward the backyard where French doors open to your own backyard retreat. This expansive, fully fenced lot offers the perfect balance of security for kids and pets and the perfect setting for outdoor entertaining and relaxing. Complete with over sized two-car garage and dedicated RV parking. Close to schools, convenient shopping, and city parks, You will love being part of a premier community of newer, well-maintained homes,

412 Barnum Drive, Phoenix

Listing courtesy of NextHome Picket Fence Realty.

457 Elm Street, Phoenix
$475,000
4 Beds ⋅ 3 Baths ⋅ 220219519 MLS
Prepare to be captivated by the stunning valley and hillside views from this impeccably maintained, move-in-ready home. Designed to maximize scenery and comfort, the main level features an open-concept layout anchored by soaring vaulted ceilings and a cozy gas fireplace. The chef-inspired kitchen shines with cherry cabinetry, stainless steel appliances, a gas range, and premium under-cabinet lighting. The primary suite serves as a private sanctuary, offering a tiled shower, walk-in closet, and direct access to the deck to enjoy the sunrise. Below, the 2021-finished lower level offers massive flexibility. With a large bonus living area, two bedrooms, a Jack-and-Jill bath, and a separate entrance, it is perfectly suited for multi-generational living or rental potential (originally designed for a kitchenette). Enjoy two levels of expansive decking and plenty of room to breathe. Offered fully furnished for a seamless, turnkey transition. Your view awaits!

457 Elm Street, Phoenix

Listing courtesy of eXp Realty, LLC.

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