Raleigh Homes for Sale below $500,000

Our custom website makes it easy for you to view Raleigh Homes for Sale below $500,000. Below are active listings priced between $400,000 and $500,000. Enjoy browsing these Raleigh homes or create your own custom home search. Updated daily, directly from the local MLS, home details & photos. The Modern Living Home Team is here to help you with all your real estate needs. Contact us to schedule a showing today.

New Listing - a week online
$465,000
3
BEDS
4
TOTAL BATHS
2,641
SQFT
831 Bankston Woods Way Raleigh, NC 27609-7482
Townhouse For Sale
- Coming Soon

Amazing Opportunity in Coveted Townes @ Cheswick! 3BR/3.5BA TH Loaded w/Upgrades & Modern Finishes Thruout. Enjoy convenience of City Life and walk to Wegman's & Holly Park Shopping Center! Open Gathering Space w/Living Rm, Gourmet Style Kitchen w/SS

Price Change - 3 days ago
$489,900
3
BEDS
2
TOTAL BATHS
1,607
SQFT
2503 St Marys Raleigh, NC 27609
Single Family Home For Sale
- Active

Sweet ITB Bungalow! Great location close to 5 Points, Glenwood South, North Hills & Downtown. Roomy & unique design offers flexibility. 3rd Bedroom w/barn doors could be used as family-room, office or flex space has 2nd fireplace. Spacious living roo

New Listing - 2 weeks online
$475,000
4
BEDS
3
TOTAL BATHS
2,120
SQFT
1108 Winona Road Raleigh, NC 27609
Single Family Home For Sale
- Active

Midtown! Cul de Sac! Hardwood floors main levels! Newer roof, hvac, siding! Windows have been replaced! Kitchen with quartz counters & farm sink, updated baths! 4 bedrooms, living, dining, family rooms, separate laundry room, Broilmaster Grill conne

New Listing - 4 days online
$465,000
4
BEDS
3
TOTAL BATHS
1,977
SQFT
920 Indian Trail Drive Raleigh, NC 27609
Single Family Home For Sale
- Active

Classic Quail Hollow home on an excellent lot & charming street in MidTown/North Hills area. Features a great floorplan w/entry foyer, 1st level bedroom/office & family room w/fireplace and built-ins. Separate living room & dining room. Interior louv

New Listing - a week online
$400,000
2
BEDS
2
TOTAL BATHS
1,738
SQFT
4610 Ludwell Branch Court Raleigh, NC 27612
Single Family Home For Sale
- Active

Beautiful all brick ranch! One story living at it's finest with an oversized 2 car garage! Vaulted ceiling in living room and heated & cooled sun room! Hardwood floors in great room, dining room, kitchen and study! Maple cabinets in kitchen! Cultured

Price Change - 3 days ago
$475,000
4
BEDS
3
TOTAL BATHS
1,886
SQFT
5026 Quail Hollow Drive Raleigh, NC 27609-5453
Single Family Home For Sale
- Active

This Raleigh home offers granite countertops. This home has been virtually staged to illustrate its potential! Thanks for viewing!

New Listing - 4 weeks online
$425,000
4
BEDS
3
TOTAL BATHS
2,083
SQFT
405 Westerwood Court Raleigh, NC 27609
Single Family Home For Sale
- Active

Mid-Town rare opportunity 4 bed 2.5 bath home in the cul de sac w/2 car detached garage & carport for the boat! Plus additional workshop/storage . Bring your vision for 653 other sf above detached garage! Office/ REC room? Newer roof and garage d

New Listing - 2 weeks online
$499,900
4
BEDS
3
TOTAL BATHS
2,132
SQFT
425 Rosehaven Drive Raleigh, NC 27609-3820
Single Family Home For Sale
- Active

Mid-Town beauty located in Cedar Hills Estates close to shopping, parks, and schools. 4 bedroom 2.5 bath home with garage and fenced yard. Many updates: luxury master bath with dual vanity, walk in tiled shower, marble floor; guest bath just renova

Buy a Home in Raleigh Below $500,000

Our website allows you to search for homes based on your price point.  The homes above are below $500,000 and above $400,000.  You can create a custom search based on your ideal price.  Or check our Raleigh community page menu with pre-made searches to homes based on price point.

Homes priced between $400,000 and $500,000 in Raleigh include attached homes (townhomes, condos) and detached homes (residential resales and new construction).  Many have first floor bedrooms and residential homes typically offer more than 3 bedrooms. Homes priced in this range included homes with over 800 square feet in living area (condos) to homes with over 3000 square feet.  Homes in this price point typically have many upgrades and amenities.

The Modern Living Home Team are professional Realtors serving the town of Raleigh.  We love helping home buyers and home sellers in the Raleigh area with all their real estate needs. Our website allows you to search all Raleigh Homes for Sale at any price point that works best for you. If you are looking to learn more about Raleigh check out our Raleigh community page or learn more at Visit Raleigh. Feel free to contact the Modern Living Home Team to schedule a personal home buying consultation today.

Sell Your Raleigh Home

Click below to find out the estimated Value of your Home in Raleigh. Contact the Modern Living Team directly for a more detailed and accurate report that will include analysis of upgrades or other home details that could impact the value of your home. 

As your Raleigh NC Real Estate Listing Specialists, the MLTeam will price your home to sell quickly and for top dollar. We use top-notch technological resources and social marketing strategies to engage as many home buyers so your home will sell quickly. Our professional photographers will surely showcase your beautiful home.

Can I Buy A Home in Raleigh Below $500,000?

Yes, Raleigh has homes for sale below $500,000. The homes include condominiums, townhomes, resales, and new construction. Typically with many amenities. See all active Raleigh listings like a Realtor.