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Mesquite NV Homes Under $500,000
Under $500,000 covers most of the Mesquite market, from condos to new single-family homes. There are 237 homes for sale at or under $500,000 right now with a median asking price of $360,000.
In the upper half of this range you'll find new construction in Sun City Mesquite neighborhoods such as Wisdom Peak, Crimson Ridge and Outlook Point, and in all-ages subdivisions. The median single-family home in Mesquite sells for under $500,000, so this budget puts you in the heart of the market rather than at its edge.
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Mesquite MLS · updated Oct 26, 2026
Mesquite homes under $500,000 by the numbers
Active listings plus every closed sale recorded in the MLS. Medians, not averages, so one outlier sale can't skew them.
- For sale now
- 237
- median ask $360,000
- Median sale, last 12 mo
- $352,000
- 531 sold · +0.6% vs prior year ($350,000)
- Price per sq ft
- $229
- median of closed sales · typical 1,450 sq ft
- HOA dues
- $185/mo
- median · range $35–$678
Sold homes under $500,000 took a median of 82 days to go under contract and closed at 97.8% of their final list price over the last 12 months. Sold range: $89,000 to $499,900.
Homes under $500,000 by neighborhood
Closed sales over the last 24 months, plus what's listed today. Click a name for that community's page.
| Neighborhood | Sold (24 mo) | Median sale | Typical size | Built | HOA / mo | For sale now |
|---|---|---|---|---|---|---|
| Sunset Greens | 62 | $340,000 | 1,612 sq ft | 2001 | $220 | 14 $289,000–$439,000 |
| Wisdom Peak | 33 | $375,000 | 1,410 sq ft | 2026 | $145 | 5 $341,304–$375,254 |
| Rock Springs II | 27 | $175,000 | 1,192 sq ft | 1995 | $330 | 14 $159,900–$214,000 |
| Rock Springs I | 27 | $165,000 | 996 sq ft | 1994 | $330 | 6 $159,000–$209,900 |
| Falls Hillside Villas | 24 | $190,000 | 1,166 sq ft | 1997 | $334 | 6 $180,000–$230,000 |
| Frontier Pass | 23 | $355,000 | 1,390 sq ft | 2016 | $145 | 3 $332,000–$368,000 |
| Water Barrel | 23 | $377,000 | 1,571 sq ft | 2008 | — | 0 |
| Crimson Ridge | 21 | $425,000 | 1,446 sq ft | 2022 | $145 | 4 $359,000–$495,000 |
| Roaring Creek | 21 | $440,000 | 1,663 sq ft | 2025 | — | 0 |
| Outlook Point | 20 | $420,000 | 1,429 sq ft | 2023 | $145 | 8 $375,000–$475,000 |
| Smokey Lane/Casa Blanca Villas | 19 | $95,000 | 445 sq ft | 1997 | $180 | 2 $97,000–$325,000 |
| Hawk Ridge | 18 | $252,000 | 1,179 sq ft | 2007 | $240 | 5 $195,000–$284,900 |
| Rivers Bend | 18 | $285,000 | 1,230 sq ft | 1997 | $135 | 3 $279,900–$300,000 |
| Enchantment | 18 | $242,000 | 1,328 sq ft | 2002 | $380 | 2 $265,000–$274,500 |
| Coyote Willows | 17 | $357,000 | 1,690 sq ft | 2006 | $342 | 7 $299,950–$405,000 |
HOA dues are the median monthly fee on current listings and can change. Confirm the current amount and what it covers with the association before you buy. "Built" is the median year built.
Explore Mesquite
Common questions
About homes under $500,000 in Mesquite.
Can I buy a new home in Mesquite for under $500,000? ▾
Yes. Several Sun City Mesquite neighborhoods and all-ages subdivisions have new or nearly new homes under $500,000. See our new construction page for the current list.
What is the typical home in this price range? ▾
The median home listed under $500,000 is about 1,450 square feet. Homes in this range sold for a median of $352,000 over the last 12 months.
Which communities sell the most homes under $500,000? ▾
Sunset Greens leads, followed by Sun City neighborhoods like Wisdom Peak, Frontier Pass and Water Barrel, and the Rock Springs condos. The table on this page has the full list.
How competitive is the Mesquite market under $500,000? ▾
Over the last 12 months, homes in this range went under contract in a median of 82 days and sold for 97.8% of their final list price.