Greenwood Homes under $500,000

Welcome to Greenwood, a charming subdivision nestled in the heart of North Carolina! Known for its friendly atmosphere and picturesque landscapes, Greenwood offers an inviting community perfect for families, young professionals, and retirees alike. With a variety of amenities and a prime location, it’s no wonder that Greenwood is becoming one of the most sought-after areas in the state.

One of the standout features of Greenwood is its diverse selection of homes available for under $500,000. Whether you’re searching for a cozy single-family residence, a modern townhouse, or a spacious family home, you’ll find plenty of options that fit your budget without compromising on quality or style. Each property showcases unique architectural designs and well-maintained interiors, ensuring that you’ll find a home that truly feels like your own.

The subdivision is conveniently located near essential amenities, including shopping centers, schools, and recreational parks, making daily errands a breeze. For outdoor enthusiasts, Greenwood boasts lush green spaces and walking trails, perfect for weekend strolls or family picnics. Additionally, the community hosts various events throughout the year, fostering a strong sense of belonging among residents.

With its affordable housing market and vibrant community spirit, Greenwood is the ideal place to call home. Don’t miss your chance to explore this wonderful subdivision and discover the perfect property that fits your lifestyle and budget. Start your journey in Greenwood today, where your dream home awaits!

Newest Greenwood Homes under $500,000

$375,000

3 Beds ⋅ 2 Baths ⋅ 10195783 MLS

Welcome to 55 N Wycliff Drive, an updated 3-bedroom, 2-bath home tucked into the established Greenwood neighborhood on over half an acre with no HOA. Inside, you'll find vinyl flooring throughout, an updated kitchen with stone countertops and stainless steel appliances, and refreshed bathrooms that give the home a clean, move-in-ready feel. The current owners have taken the outdoor living space to the next level with an expansive deck stretching across the back of the home—perfect for relaxing, entertaining or enjoying the spacious backyard. Below, a substantial concrete patio creates even more usable outdoor space with plenty of room for seating, recreation and gatherings. Enjoy the feel of a quiet, established neighborhood while staying conveniently connected to everything Durham has to offer, including Downtown Durham, Research Triangle Park, Brier Creek and major routes including I-885 and I-85. With updated interiors, generous outdoor living space and a large lot, this home offers plenty of room to settle in and enjoy.

55 N Wycliff Dr, Durham

$187,000

3 Beds ⋅ 1 Baths ⋅ LP770126 MLS

Step back in time while enjoying modern comforts in this adorable 1950s home with timeless mid-century character. This inviting 3-bedroom, 1-bath home offers a spacious den filled with natural light from its large windows, creating a warm and welcoming space for relaxing or entertaining. The updated kitchen features granite countertops and flows into a dining area accented by a built-in bar and cabinetry-perfect for displaying your favorite china, crystal, or serving pieces. The den overlooks the large, fenced backyard and provides easy access to the covered patio and expanded patio areas, creating an ideal setting for morning coffee, relaxing evenings, or gatherings with family and friends. Additional features include an attached laundry/storage room, a separate storage room for lawn and garden equipment, and a generously sized 10' x 19' attached carport offering plenty of covered parking. Conveniently located in the Terry Sanford School District and just minutes from shopping, dining, downtown Fayetteville, and area amenities. With its character, naturallight, functional spaces, and inviting outdoor areas, this charming home is a must-see!

1802 Catawba St, Fayetteville

$309,900

3 Beds ⋅ 3 Baths ⋅ 10194518 MLS

***Seller is offering up to $10,000 in concessions with an acceptable offer.*** Solid bones, smart layout, and room to make it your own. This 3BR/3BA split-level sits on a spacious 0.28-acre fenced lot in Durham's established Greenwood neighborhood, just minutes from Downtown Durham, Duke University, and Research Triangle Park. Inside, 1910 sqft offers a functional floor plan with three full bathrooms, while outside you'll find a private patio/deck and a standalone shed for extra storage. Zoned for Oakgrove Elementary, Neal Middle, and Southern High School, this home is ready for its next chapter and just needs some fresh interior paint to make it truly shine in a well-located community. Don't miss this chance to put your personal stamp on a home with real potential. Buyer/buyer's agent to verify zoned schools.

Durham

$99,900

2 Beds ⋅ 1 Baths ⋅ LP769727 MLS

Great opportunity for an investor, first-time buyer, or buyer looking to add their own personal touches. This property is being offered sold as-is and provides the opportunity to make updates and improvements to suit your needs.The home needs some cosmetic updates, including a new bathroom sink and new kitchen sink and countertops. With some TLC, this property has the potential to shine and become a comfortable home or investment.

134 Kensington Cir, Fayetteville

$195,000

3 Beds ⋅ 1 Baths ⋅ LP769280 MLS

Welcome to 1923 McGougan Road! This charming ranch-style home offers a comfortable layout with plenty of space to make your own. Inside, you’ll find beautiful hardwood floors throughout much of the home, multiple living areas that provide flexibility for a family room, home office, playroom, or additional entertaining space, and an updated kitchen featuring white cabinetry, granite countertops, a stylish tile backsplash, stainless steel appliances, and plenty of storage.The kitchen also includes a conveniently located laundry area, making everyday living a little easier. Outside, mature trees provide plenty of character and shade, while the screened-in porch gives you a great spot to enjoy your morning coffee or unwind at the end of the day. With a spacious yard and classic brick-and-vinyl exterior, this home offers a great combination of charm, functionality, and potential.Conveniently located near shopping, dining, schools, and everyday amenities, 1923 McGougan Road is ready for its next owner. Schedule your showing today!

1923 Mcgougan Rd, Fayetteville

$500,000

LP768770 MLS

Excellent investment opportunity featuring 4-unit buildings within a 6-building portfolio. Each building consists of four 1-bedroom, 1-bath units. All units are currently leased with 100% occupancy.Units offer spacious kitchens with granite countertops, tile backsplashes, and newer appliances. Each unit also includes washer and dryer hookups. Well-maintained property with consistent rental history. GREAT LOCATION!These buildings may be purchased individually or as part of the full 6-building portfolio totaling 24 units.

900-906 Miller Ave, Fayetteville

$500,000

LP768768 MLS

712-718 Miller Ave, Fayetteville

$214,000

3 Beds ⋅ 2 Baths ⋅ LP762624 MLS

Beautifully updated 3-bedroom, 2-bath ranch-style home offering over 1450 sqft of comfortable living space. The floor plan features a spacious living room, dining area, and a stylish kitchen with stainless steel appliances, new cabinets, and new quartz countertops. Recent upgrades include LVP flooring, fresh paint, new carpet, new bathroom vanities, new tub (owners suite) and shower (hall bath), roof (2025), and water heater (2025), ensuring peace of mind for years to come. A perfect blend of modern updates and easy single-level living—ready for you to move in and make it home!

1813 Manteo St, Fayetteville

$215,000

3 Beds ⋅ 3 Baths ⋅ LP762217 MLS

**BUYER INCENTIVE! SELLER WILLING TO ASSIST TOWARD BUYER CLOSING COSTS WITH AN ACCEPTED OFFER!**Welcome home to this beautifully maintained Fayetteville property offering an abundance of space, flexibility, and functionality! With multiple living areas and a unique, versatile floor plan, this home provides plenty of options to fit a variety of needs.The first level features a spacious family room, full bathroom, laundry area, and a multipurpose room that can easily serve as a home office, gym, guest space, playroom, or hobby room. Upstairs, you’ll find an additional living area, a well-appointed kitchen with dining space, three generously sized bedrooms, and two full bathrooms.Recent updates include **fresh interior paint and new carpet**, making this home move-in ready. Additional features include a gas fireplace, gas water heater, gas furnace, and pull-down attic access with walkable storage space.Step outside to a beautifully maintained, fully fenced backyard featuring a detached storage/workshop with **water and electricity**—an incredible bonus for hobbies, projects, storage, or additional workspace.Conveniently located near shopping, dining, schools, and everyday amenities, this home delivers the space and versatility you’ve been looking for.**Move-in ready, plenty of space, AND assistance toward buyer closing costs with an accepted offer—schedule your showing today!**

1827 Spruce St, Fayetteville

$350,000

4 Beds ⋅ 3 Baths ⋅ 10163875 MLS

Welcome to this inviting home located at 3801 Tyne Dr in Durham! This well maintained property offers a comfortable and functional layout perfect for everyday living and entertaining. Step inside to find spacious living areas filled with natural light, creating a warm and welcoming atmosphere. The kitchen provides ample cabinet and counter space, making meal prep and hosting a breeze, while seamlessly connecting to the dining and living areas. The bedrooms are generously sized, offering flexibility for guests, a home office, or additional living space. Enjoy the outdoor space, ideal for relaxing or entertaining, with room to create your own backyard retreat. Conveniently located near shopping, dining, and major highways, this home offers both comfort and accessibility.

3801 Tyne Dr, Durham

$232,500

3 Beds ⋅ 2 Baths ⋅ LP760926 MLS

Nice updated ranch to include some inside painting and outside.3 bedroom 1.5 bath. Hardwood floors. Nice area close to shopping and Ft. Bragg.Great for first time buyers. Ready to move into!

1815 Cherokee Dr, Fayetteville

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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 .