Wake County Homes under $500,000

Wake County Homes under $500,000

Welcome to Wake County, North Carolina, a vibrant and thriving community that perfectly blends the charm of Southern living with modern conveniences. Nestled in the heart of the Research Triangle, Wake County is renowned for its excellent schools, diverse recreational opportunities, and a rich tapestry of cultural experiences. With cities like Raleigh, Cary, and Apex, this area offers something for everyone, whether you’re a young professional, a growing family, or looking to retire in a serene environment.

One of the most enticing aspects of Wake County is the availability of homes under $500,000. This price point opens the door to a variety of housing options that cater to different lifestyles and preferences. From charming single-family homes in friendly neighborhoods to modern townhouses with community amenities, there’s no shortage of choices for potential homeowners.

Imagine settling down in a beautiful home surrounded by lush parks, scenic trails, and friendly neighbors. With the cost of living remaining relatively affordable compared to other metropolitan areas, Wake County makes it possible to find your dream home without breaking the bank. Additionally, the area boasts a robust real estate market, making it a sound investment for both first-time buyers and seasoned homeowners.

Whether you’re looking to enjoy the vibrant arts scene in downtown Raleigh or the serene parks in Apex, Wake County offers a unique lifestyle that’s hard to resist. Come explore the possibilities and discover why so many are choosing to call Wake County home!

Newest Wake County Homes under $500,000

361 Freestall Dr, Wake Forest
$282,990
3 Beds ⋅ 3 Baths ⋅ 10196265 MLS ⋅ Pearson BLDG.
Welcome to 361 Freestall Drive in The Townes at Prestleigh. This comfortable townhome has a layout that is easy to live in—with 3 bedrooms, 2.5 bathrooms, approximately 1,418 square feet, and a 1-car garage. The 1st floor features a seamless layout—the kitchen, dining area, and family room all flow together as one. With its stunning details of quartz countertops, stainless steel appliances, and shaker-style cabinetry with crown molding accents, this kitchen is both practical and stylish. Out on the rear patio, enjoy your morning coffee or just catch a breath of fresh air. Upstairs, the primary suite includes a walk-in closet and a private bathroom with dual vanities and a walk-in shower. Two additional bedrooms provide flexible space that you can tailor to fit your household's needs. An additional full bathroom and the conveniently located 2nd floor laundry closet finish out the second story of this townhome. Residents at The Townes at Prestleigh enjoy community amenities such as the community pool, open-air covered cabana, sports goals, playground, dog park, and more! Welcome to The Townes at Prestleigh—a beautiful community with enjoyable amenities, open floorplans, and close proximity to a variety of destinations. Enjoy simple, comfortable, and functional townhome living at 361 Freestall Drive. *Photos are not of the actual home or interior features and are representative of floor plan only.

361 Freestall Dr, Wake Forest

107 Lanigan Pl, Cary
$375,000
3 Beds ⋅ 2 Baths ⋅ 10196403 MLS
There's a lot to love about this 3 bedroom, 2 bath Cary townhome, starting with a floor plan that gives you some great options. The main floor has LVP flooring and includes a large bedroom with a walk-in closet, perfect for anyone who wants a bedroom on the first floor. The kitchen has granite countertops, a tile backsplash and a large, deep sink. Out back, the recently refreshed deck overlooks a wooded area and is a great place to sit outside and enjoy your private oasis. Upstairs, the primary bedroom is surprisingly large and has two closets. The full bath is shared with the second upstairs bedroom, and the landing has enough extra space for a desk or small work area. The unfinished walkout basement is another big plus. There's tons of room for storage, a workout area, bikes, a workshop or whatever else you need the extra space for. Or, if you need more living space in the future, there's potential to finish it. The location is one of the best things about this home! The Black Creek Greenway is steps away, and the recently widened and repaved trails connect to North Cary Park, Lake Crabtree and Umstead State Park. You can walk, run or bike for miles right from the neighborhood. At the same time, you're close to RDU, major highways, shopping and restaurants, so getting just about anywhere is easy. The community also has a pool and tennis courts, and the home comes with two reserved parking spaces right out front. Between the wooded setting, the extra storage and the convenience of this Cary location, this one has a lot going for it.

107 Lanigan Pl, Cary

2113 James Slaughter Rd, Fuquay Varina
$375,000
3 Beds ⋅ 2 Baths ⋅ 10196400 MLS
Enjoy the freedom of no HOA or restrictive covenants with this move-in-ready, one-story ranch situated on nearly half an acre! Featuring 3 bedrooms and 2 full baths, this home offers an easy, functional layout ideal for first-time buyers, downsizers, or those looking for the convenience of single-level living. Thoughtful accessibility features include ramps at both the carport and deck, providing alternatives to stairs. Inside, low-maintenance LVP flooring flows throughout the home—no carpet! The updated kitchen features new cabinetry, butcher block countertops, a brand-new stainless steel range and microwave, reverse osmosis system at the kitchen sink, and a whole-home water filtration system. The spacious family room is filled with natural light and features vaulted ceilings, creating an open and inviting space to relax or gather. A separate laundry room adds everyday convenience. Outside, enjoy a covered porch that could easily be converted to a screened porch, plus a large deck overlooking the fenced backyard—plenty of room for entertaining, pets, gardening, or simply enjoying the outdoors. A dedicated light pole illuminates the entire backyard, extending the usability of this great outdoor space into the evening hours. Additional updates include a roof replaced in 2020. Many updated windows. With nearly half an acre, no HOA, no restrictive covenants, single-level living, and numerous updates already completed, this home offers comfort, flexibility, and room to make it your own.

2113 James Slaughter Rd, Fuquay Varina

508 Shorthorn Dr, Wake Forest
$420,840
3 Beds ⋅ 3 Baths ⋅ 10196350 MLS ⋅ Galen BLDG.
508 Shorthorn Drive is meticulously designed for the way you actually live. This 2-story home features approximately 2,340 square feet, 3 bedrooms, 2.5 bathrooms, and a 2-car garage. The first-floor layout brings the main living spaces together, with the kitchen opening to the dining area and great room. Your household has the room to spread out, but with the open layout, you can easily stay connected. The kitchen features quartz countertops, stainless-steel appliances, a center island, and a corner pantry. Near the front of the home, behind French doors, the flex room can take on whatever role makes the most sense for you—a formal dining area or whatever you choose. Past the main living space, you'll find your rear patio—which provides a great place for a breath of fresh air. Upstairs, the primary suite features a walk-in closet and ensuite bathroom with dual vanities, a walk-in shower, and a private water closet. 2 additional bedrooms share a nearby full bath and the 2nd floor laundry is conveniently close to the bedrooms. A versatile loft rounds out this second story, leaving you with options to utilize it as a dedicated office, home gym, or a separate living space. With a flexible layout, practical features, and plenty of ways to enjoy the community around you, 508 Shorthorn Drive gives you the freedom to shape the way you live at The Reserve at Prestleigh. *Photos are not of the actual home or interior features and are representative of floor plan only.

508 Shorthorn Dr, Wake Forest

2506 Bryarton Village Way, Raleigh
$299,000
2 Beds ⋅ 3 Baths ⋅ 10196341 MLS
SIGNIFICANT PRICE ADJUSTMENT — outstanding value in the heart of Cary/Raleigh! If you've been waiting for a spacious, move-in-ready townhouse in an unbeatable location, at an unbeatable price, this is the opportunity you've been waiting for.Generous living spaces, two oversized bedroom suites, a one-car garage, community pool, and easy access to Crossroads, NC State, downtown Raleigh and Cary, this home delivers exceptional value and convenience. Step inside to an inviting, open floor plan with newer neutral paint and plush 1 year old carpeting. The oversized living room centers on a cozy fireplace and provides a generous dining area with plenty of space for a large table and entertaining. The well-appointed kitchen features stainless/black appliances—including the refrigerator—and a convenient pantry for additional storage.Upstairs, both bedrooms are exceptionally spacious and each features a private en-suite bathroom and walk-in closet. The primary suite features a tray ceiling in the bedroom and the bath includes a double vanity, separate garden tub, and shower. This is an ideal layout for roommates, guests, or those who simply want room to spread out. Washer/dryer convey making moving in even easier. Enjoy quiet mornings or relaxed outdoor dining on the private rear patio. A coveted one-car garage provides secure parking and storage, while abundant visitor parking makes entertaining easy. Residents also enjoy access to the sparkling community pool. With the significant price adjustment, move-in-ready condition, exceptional bedroom space, garage, private patio, pool access, and a location minutes from the best of Cary and Raleigh, this home offers a rare combination of space, convenience, and value. Don't miss your opportunity to see it!

2506 Bryarton Village Way, Raleigh

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .