Oakland County Homes under $500,000

Oakland County Homes under $500,000

Welcome to Oakland County, Michigan—an enchanting blend of suburban charm and vibrant urban life! Nestled just north of Detroit, this picturesque region is renowned for its stunning landscapes, flourishing communities, and an abundance of recreational opportunities. From the scenic shores of Lake St. Clair to the lush parks and nature trails, Oakland County offers a perfect backdrop for families, professionals, and retirees alike.

One of the most appealing aspects of Oakland County is its diverse real estate market, particularly for those seeking homes under $500,000. Here, you’ll discover a wide array of options that cater to various tastes and lifestyles. Whether you’re searching for a cozy bungalow in a friendly neighborhood, a spacious family home with a backyard oasis, or a modern condo with urban conveniences, Oakland County has something for everyone.

With its top-rated schools, vibrant cultural scene, and numerous shopping and dining options, residents enjoy a high quality of life. The county is home to charming small towns like Rochester and Birmingham, where you can explore boutique shops and local eateries, as well as larger cities like Troy and Novi, which offer a bustling commercial environment.

Investing in a home in Oakland County means becoming part of a rich community that values connection and growth. With properties available at reasonable prices, you can find your dream home without breaking the bank. Explore the possibilities in Oakland County today—where your ideal lifestyle awaits!

Newest Oakland County Homes under $500,000

634 S Vermont Avenue, Royal Oak
$344,900
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 61035603 MLS
Welcome to this charming bungalow in one of Royal Oak's most desirable, walkable neighborhoods, just minutes from Downtown Royal Oak! From the moment you arrive, the inviting exterior and enclosed front porch create a warm first impression. Inside, beautiful original hardwood floors, abundant natural light, and architectural character can be found throughout the home. The renovated kitchen combines timeless style with modern convenience, featuring shaker-style cabinetry, quartz countertops, a crisp subway tile backsplash, and stainless steel appliances. Outside, enjoy the spacious, fully fenced backyard featuring a patio area and 2-car heated garage with an attached tool shed. The partially finished basement provides a flex room, half bathroom, laundry, and ample storage space. Centrally located with easy access to restaurants, shopping, parks, entertainment, and nightlife. Additional updates and features include a new furnace installed less than one year ago, all-new PEX water supply lines throughout the home with a dedicated manifold, and smart-home features including connected light switches and thermostat controls.

634 S Vermont Avenue, Royal Oak

Listing Courtesy of Signature Sotheby's International Realty Bham, Office Phone: 248-644-7000
29369 Hampton Court, New Hudson
$425,000
COMING SOON Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 70561999 MLS
Welcome to this extensively updated home tucked away on a quiet cul-de-sac in the highly sought-after South Lyon School District. Designed for buyers who appreciate quality and move-in-ready living, this home features a stunning gourmet kitchen with granite countertops, oversized island, double ovens, six-burner gas range, new refrigerator, new dishwasher, and hardwood flooring. Updated bathrooms showcase porcelain tile and upgraded fixtures throughout. The professionally finished basement adds valuable living space with a dedicated home office and entertaining area with mini-bar/kitchen setup. Additional improvements include upgraded windows, professionally landscaped grounds, in-ground sprinkler system, generator hookup, brick paver patio, and a heated, insulated 2.5-car garage with space for hobbies or fitness equipment. Conveniently located minutes from Novi, Brighton, I-96, Kensington Metropark, and Island Lake Recreation Area.

29369 Hampton Court, New Hudson

Listing Courtesy of Century 21 Curran & Oberski, Office Phone: 734-464-6400
2451 Lafay Drive, West Bloomfield
$320,000
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 61035447 MLS
Welcome to this spacious 4-bedroom, 1.5-bath ranch home offering over 1,800 square feet of comfortable living space in a fantastic location! Designed for modern flexibility, the main level features both an inviting living room and a cozy family room ... complete with custom blinds, giving everyone room to spread out. The large laundry/mud room adds everyday convenience, while the private, fenced-in backyard is a true outdoor oasis featuring a massive covered patio that is ideal for weekend gatherings and entertaining. Peace of mind comes standard with a long list of updates including a new thermostat and whole-house water shut-off valve, new A/C, new attic insulation (2022), new humidifier, garage door, and furnace blower motor (2024), washer (2025), and a brand-new refrigerator (2026). Nestled just minutes from downtown Keego Harbor, the all-sports waters of Cass Lake, and the scenic West Bloomfield Walking Trail, this move-in-ready gem blends comfort, updates, and recreation into one incredible package. Please note that the West Bloomfield School District participates in Michigan's Section 105 Schools of Choice program. All furniture (except 3rd bedroom) is available for sale.

2451 Lafay Drive, West Bloomfield

Listing Courtesy of 4Houses Realty, LLC, Office Phone: 248-387-9377
130 Parkdale Avenue, Pontiac
$109,000
ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 61035466 MLS
Turn-key investor special in Pontiac! This 3 bed, 1 bath tenant-occupied property offers instant income with significant mechanical and structural peace of mind. Extensive recent updates include a complete sewer line replacement to the street (2018), upgraded electrical service (2018), new furnace (2022), new water heater (2019), and updated flooring throughout (2024). Kitchen includes stove/oven (2018) and fridge (2019). Bright, functional floor plan with modern finishes makes this a effortless addition to any portfolio. No showings until accepted offer. Do not disturb tenants. Do not approach home. Property can be sold under a portfolio, with following addresses: 220 W Columbia, Pontiac, 289 Martin Luther King Jr Blvd, Pontiac, and 1374 Stanley Ave, Pontiac. Long term tenant in place paying $1,200 a month on section 8. Tenant pays all utilities. For more information,please contact Evan.

130 Parkdale Avenue, Pontiac

Listing Courtesy of REALTEAM Real Estate, Office Phone: 586-580-8092
29249 Everett Street, Southfield
$259,900
ACTIVE Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 61035469 MLS
Southfield cape cod anyone?! Massive 20k price reduction + Extremely motivated seller=Your new home!!! End the year in your new home in the prime location minutes away from I696 and a stone's throw from neighboring cities of Berkley & Royal Oak and Birmingham schools! Opportunity and potential abound. With vision and love, this spacious 4-bedroom (including one on the 1st floor) 2.5 bath can be your dream home! The kitchen & baths have already been updated for you. The formal dining room offers space for any size family, and the large living room offers ample entertainment space! This property presents immediate equity and the prospect for a substantial return on investment, with comparable sales reaching up to $350k within half a mile, how can you go wrong?! Get in now before the market and prices heat up next year!

29249 Everett Street, Southfield

Listing Courtesy of C Miles Realty LLC, Office Phone: 313-912-6694
25225 Potomac Drive Unit 8, South Lyon
$133,000
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 70562191 MLS
Remodeled 2 bedroom 2 bath ranch end unit. Luxury vinyl plank flooring. Beautifully updated kitchen with island. Granite counter tops. Newer appliances, and a room with a water view. Open floor plan. Updated bathroom vanity and flooring. Basement has newer carpeting and cabinets and a mini bar/kitchen. New Wall side windows with custom blinds. Association dues include water and gas. Club house with pool and walking trails. pets allowed. This is a 55 + Co-op. Easy application process. Must be approved by Timmons management 313-871-1124. $75 for initial applicant and $45 for additional.

25225 Potomac Drive Unit 8, South Lyon

Listing Courtesy of Majestic Homes Realty, Office Phone: 734-455-9339
21004 Reimanville Avenue, Ferndale
$205,000
ACTIVE Status ⋅ 5 Beds ⋅ 3 Baths ⋅ 70562025 MLS
Updated brick colonial with flexible residential or investment potential in a convenient Ferndale-area location. Features 5 bedrooms, 3 full bathrooms, multiple finished living areas, updated flooring, fresh paint, modernized bathrooms, and refreshed interior finishes. The functional layout may suit an owner-occupant, rental investor, or buyer exploring licensed/approved group living, supportive housing, or residential care-style use, subject to municipal, zoning, licensing, and state approvals. Additional highlights include a full brick exterior, covered front porch, basement storage, and a rare combination of bedroom and bathroom count at this price point. Conveniently located near Woodward, 8 Mile, I-75, Ferndale, Royal Oak, Detroit, shopping, dining, and major employment centers. Move-in ready with potential for a variety of approved uses. Buyer and buyer's agent to verify all measurements, zoning, licensing requirements, permitted uses, and municipal/state approvals.

21004 Reimanville Avenue, Ferndale

Listing Courtesy of Beal Properties LLC, Office Phone: 734-662-6133
6578 Cloverton Drive, Waterford
$199,000
COMING SOON Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 61035462 MLS
Whether you're looking for an investment opportunity or a handyman special, this is a fantastic chance to build equity in a prime Waterford location! This 3-bedroom, 1-bath home offers 1008 sq ft and is ready for renovation. The detached one-car garage provides extra storage. Enjoy the fully fenced backyard. Built in 1970, the property presents an excellent value-add opportunity for a fix-and-flip or long-term rental. Private neighborhood with access to all-sports Lotus Lake and the beach area. Bring your vision to this property. It is being sold as-is. The seller is motivated and unable to fix it.

6578 Cloverton Drive, Waterford

Listing Courtesy of National Realty Centers, Inc, Office Phone: 248-971-1010
220 W Columbia Avenue, Pontiac
$109,000
ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 61035463 MLS
Investment opportunity in Pontiac! This 3 bedroom, 1 bathroom tenant-occupied property offers immediate rental income and a low-maintenance setup. The home features a welcoming front porch, classic interior arches, wood flooring, and plenty of natural light throughout. The functional kitchen offers a practical layout, while updates include a newer refrigerator (2022) and replaced sump pump (2019). No showings until accepted offer. Do not disturb tenants. Do not approach home. Property can be sold under a portfolio, with following addresses: 130 Parkdale Ave, Pontiac, 289 Martin Luther King Jr Blvd, Pontiac, and 1374 Stanley Ave, Pontiac. Long term tenant in place paying $1,200 a month. Tenant pays all utilities. For more information, please contact Evan.

220 W Columbia Avenue, Pontiac

Listing Courtesy of REALTEAM Real Estate, Office Phone: 586-580-8092
289 Martin Luther King Jr Boulevard, Pontiac
$95,000
ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 61035464 MLS
Add to your rental portfolio with this tenant-occupied 3 bedroom, 1 bathroom bungalow in Pontiac! Offering immediate rental income, this property features a classic bungalow layout and several important mechanical updates, including a replaced electrical meter box (2023), upgraded water heater (2015), and replaced furnace (2007). With a tenant already in place and key updates completed, this property offers a convenient opportunity for investors seeking an income-producing addition to their portfolio. No showings until accepted offer. Do not disturb tenants. Do not approach property. Property can be sold under a portfolio, with following addresses: 220 W Columbia, Pontiac, 130 Parkdale, Pontiac, and 1374 Stanley Ave, Pontiac. Long term tenant in place paying $800 a month. Tenant pays all utilities. For more information,please contact Evan.

289 Martin Luther King Jr Boulevard, Pontiac

Listing Courtesy of REALTEAM Real Estate, Office Phone: 586-580-8092
7125 Ridgewood Road, Clarkston
$424,900
ACTIVE Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 61035486 MLS
2 Acres of Privacy, Space & Possibilities in Clarkston! Welcome to this spacious 4-bedroom, 2.1-bath home nestled on 2 beautiful, wooded acres in desirable Clarkston! The inviting living room features double doors leading to an incredible 3-season room surrounded by windows and doorwalls on three sides, offering peaceful views of the private, wooded backyard. The formal dining room flows into a spacious kitchen filled with natural light from numerous windows and skylights, opening to the expansive family room with fireplace and doorwall to the patio. Upstairs, you'll find four generously sized bedrooms, including a spacious primary suite with walk-in shower. The finished basement offers two bonus rooms and abundant storage. Outside, enjoy the expansive, wooded setting and the incredible newer 2-story pole barn, providing additional garage space, storage, workshop space, and an upper-level loft with endless possibilities. The loft doors open fully for easy access to stored items. With tons of space inside and out, Clarkston Schools, and downtown Clarkston just minutes away, this property is a rare opportunity to enjoy privacy without sacrificing convenience!

7125 Ridgewood Road, Clarkston

Listing Courtesy of KW Showcase Realty, Office Phone: 248-360-2900
24280 Ridgedale Street, Oak Park
$285,900
ACTIVE Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 61035561 MLS
Welcome to this beautifully updated 4-bedroom, 3-full-bath Oak Park home, extensively remodeled in 2022 and offering modern finishes, smart-home features, flexible living space, and indoor-outdoor amenities. The updated kitchen features a smart oven, gas cooktop, dishwasher, and recessed lighting. The primary suite offers a walk-in closet, dedicated wine refrigerator, and private full bath with walk-in shower. A second full bath is located on the main level. The finished basement expands the living and entertaining space with a third full bath and custom bar featuring cabinetry, two wine refrigerators, and an installed 32" flat-screen TV included with the sale. Outside, enjoy a Trex composite patio/deck, fenced backyard, putting green, landscaping, front-yard sprinkler system, and 2-car detached garage. 2022 Remodel & Improvements: Whole-house electrical rewire * Furnace * Hot water tank * Central A/C * Windows * Gutters & soffits * Garage door * Entry & storm doors * Sliding patio door * Smart oven * Gas cooktop * Dishwasher * Recessed lighting * RING security system * SONOS sound system installation (receiver needed) * Trex composite patio/deck * Backyard fence * Putting green * Landscaping * Basement bar cabinetry * 2 bar-area wine refrigerators * Primary suite walk-in closet, wine refrigerator & private bath * Front-yard sprinkler system 2025 Updates: New garage roof * SENSI smart thermostat 2026 Update: Fresh interior paint throughout Included with Sale: Installed 32" flat-screen TV in basement bar * 3 wine refrigerators * BBQ grill Excluded from Sale: Washer & dryer; laundry connections available.

24280 Ridgedale Street, Oak Park

Listing Courtesy of EXP Realty Main, Office Phone: 888-501-7085
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