Lancaster Homes under $500,000

Welcome to Lancaster County, Nebraska, a hidden gem nestled in the heart of the Midwest, where the charm of small-town living meets the vibrancy of city life. The county seat, Lincoln, is a dynamic city known for its rich history, thriving arts scene, and a strong sense of community. As the second-largest city in Nebraska, Lincoln boasts a diverse array of amenities, from delightful local eateries to expansive parks and recreational areas, making it an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Lancaster County is the affordability of real estate. For those looking to invest in their dream home without breaking the bank, there are numerous options available under $500,000. Whether you’re in search of a cozy bungalow, a spacious family home, or a modern townhouse, the market here offers a variety of choices that cater to different lifestyles and preferences.

Imagine settling into a welcoming neighborhood where friendly faces greet you and children play in well-maintained parks. With excellent schools, a robust job market, and a plethora of cultural activities, Lancaster County provides a nurturing environment for all.

Explore the possibilities of homeownership in this vibrant region, where your dream home awaits at an attainable price. With its perfect blend of suburban tranquility and urban excitement, Lancaster County is not just a place to live; it’s a place to thrive. Come discover the charm of Lincoln and the wonderful homes that make it a truly special place to call home!

Newest Lancaster Homes under $500,000

$115,000

1 Beds ⋅ 1 Baths ⋅ 22628663 MLS

Don’t keep this one a secret! Enjoy easy first-floor living with no stairs and convenient access to all that Lake Park has to offer. Amenities include indoor and outdoor pools, hot tub and sauna, tennis and pickleball courts, workout and game rooms, plus a great room for events and gatherings. HOA dues cover water, sewer, trash and recycling, cable and internet, building insurance, common-area maintenance, lawn care, snow removal, and gas for the furnace and stove. Owners are responsible for unit electricity. There are no age restrictions, and pets are permitted with HOA approval.

4000 S 56Th Street Unit 118B, Lincoln

Listing courtesy of Wolf Professional Realty, PC..

$274,900

3 Beds ⋅ 2 Baths ⋅ 22628653 MLS

Check out this recently refreshed Northwest Lincoln home! Features include 3+1 bedrooms, 2 bathrooms, luxury vinyl tile, open concept living/kitchen/dining, cathedral ceilings, finished basement, attached 2 stall garage (NEW concrete floor), NEW concrete driveway & front steps, HUGE deck with gazebo, and privacy fenced yard. Great North Lincoln location with easy HWY/I-80 access. Call today!

736 W Joel Street, Lincoln

Listing courtesy of Keller Williams Lincoln.

$175,000

2 Beds ⋅ 1 Baths ⋅ 22628630 MLS

Fresh, updated, and ready to enjoy! This charming 2-bedroom, 1-bath ranch offers easy one-level living with new LVT flooring, new carpet, fresh paint, and updates throughout. The kitchen and bathroom have both been refreshed, giving the home a clean, modern feel. Outside, enjoy an impressive 0.41-acre lot with a huge yard, partially fenced for added privacy and versatility, plus a handy storage shed. A detached 1-car garage, built with durable concrete block construction, provides additional parking and storage. A great opportunity for comfortable living with plenty of outdoor space! Seller prefers an as-is sale.

3918 Madison Avenue, Lincoln

Listing courtesy of Giving Realty.

$449,900

3 Beds ⋅ 3 Baths ⋅ 22628631 MLS

Experience upscale living in this stunning luxury townhome located in one of South Lincoln’s most sought-after neighborhoods. Featuring high-end finishes throughout and a spacious open-concept floorplan, this home is designed to impress. THREE car garage! The chef’s kitchen flows seamlessly into expansive living and dining areas—perfect for both everyday comfort and elegant entertaining. Enjoy the flexibility of an unfinished basement and the opportunity to build equity at your pace. Prime location with easy access to shopping and dining. Don’t miss your chance to own this exceptional property—call today for your private tour!

4445 Kolder Avenue, Lincoln

Listing courtesy of SimpliCity Real Estate.

$299,000

4 Beds ⋅ 2 Baths ⋅ 22628629 MLS

Large corner lot. Recently added egress windows. Finished basement is a walkout. Both bathrooms are also recently remodeled. Close to shopping.

3208 S 46Th Street, Lincoln

Listing courtesy of Great Place Properties.

$315,000

3 Beds ⋅ 2 Baths ⋅ 22628622 MLS

WOW!! This beautiful all brick ranch with over 2,000sq foot of finished space is ready for its next owners. This home was built in 1955 and has been exceptionally maintained. As well as having several upgrades performed over the years the home sits on lot that is over .20 of an acre. Being close to schools, shopping, and restaurants, you wont want to miss seeing this stunner of a home. With a fully finished basement, large walkout patio door, and a huge oversized deck, there is ample space for entertainment, or just relaxing Icing on the cake is that the home has a large double stall garage that is attached.

4310 Mohawk Street, Lincoln

Listing courtesy of REMAX Concepts.

$335,000

2 Beds ⋅ 3 Baths ⋅ 22628620 MLS

This very well cared for 2 bed, 3 bath townhome is located in Southeast Lincoln offering a fenced yard and corner lot!! The open main floor seamlessly connects the kitchen, dining and living areas and there is LVP flooring throughout the main level. The kitchen features stainless appliances, granite countertops, staggered cabinets and a large island w/ space for seating. Main-floor laundry adds convenience. The spacious primary suite includes a private bath with dual vanity and walk-in shower, plus a large walk-in closet. Enjoy a 2.5-stall attached garage, walk-out basement, fenced backyard with patio and a large composite deck. The basement is mostly unfinished offering endless possibilities, perfect for future living space, hobbies or storage w/ the 3/4 bath already complete! Additional features include a water softener and reverse osmosis system. Low-cost HOA covers lawn care, snow removal and garbage. Located in College View near the Sunday Farmers Market, dining, and shopping!

5201 Locust Street, Lincoln

Listing courtesy of Nebraska Realty.

$269,900

3 Beds ⋅ 2 Baths ⋅ 22628607 MLS

*Open house Sunday 10/4 from 10:00am-11:00am!* You won't want to miss this one! Fully remodeled from top to bottom and no expenses spared. How many homes in this price point have formal dining, an oversized heated two car garage, AND a sunroom? You have them here! Updates include: NEW flooring throughout, NEW kitchen cabinets, NEW granite countertops, NEW stainless steel appliances, NEW air conditioner, NEW light fixtures, NEW plumbing fixtures, NEW windows and much more. Fresh paint throughout! Detached two car garage makes this an even more rare find. Nearly impossible to find a home in this price point with this many updates. Come quick!

5410 Fremont Street, Lincoln

Listing courtesy of SimpliCity Real Estate.

$110,000

2 Beds ⋅ 1 Baths ⋅ 22628605 MLS

Welcome to the Enterprise Condo Building! This 55+ community has so much to offer its owners. Maintenance-free living with secured entry. This 2 bed, 1 bath condo is ready for you. The large living room opens to a balcony with great sunset views. A large kitchen with plenty of storage. New windows in both bedrooms & newer sliding glass door. Water heater new in 2023. This unit, C4, is right across the hall from coin-operated laundry & the new elevator! With a detached garage as well! Residents have access to lounge/kitchen area, exercise room and common areas. Unit also comes with a storage unit. HOA takes care of common area maintenance, exterior maintenance, snow removal, garbage service, water service, building insurance, management & lawn care. Community room available for larger gatherings. One occupant must be 55+. Located just off North 27th Street, this condo offers easy access to shopping, restaurants and I-80. Schedule your private showing today.

5801 Enterprise Drive Unit C4, Lincoln

Listing courtesy of Keller Williams Lincoln.

$249,900

4 Beds ⋅ 3 Baths ⋅ 22628568 MLS

You’ll be surprised by how much space this home has to offer! Completely updated throughout with 4 bedrooms plus a non-conforming room and 3 bathrooms. The main floor features 2 bedrooms and 2 full bathrooms, new vinyl plank flooring, fresh paint, updated fixtures, and a remodeled kitchen with new cabinets, countertops, and backsplash. Downstairs you’ll find a finished basement with an egress bedroom, 3/4 bath, and additional living space, while the finished loft provides the 4th bedroom. Out back, the large detached garage/workshop offers tons of room for vehicles, storage, projects, or hobbies. A lot of house, a great setup, and all the work is already done!

710 S 30th Street, Lincoln

Listing courtesy of SimpliCity Real Estate.

$385,000

4 Beds ⋅ 3 Baths ⋅ 22628567 MLS

Zero-entry Edenton townhome backing to beautiful commons! This tastefully updated and well-maintained home offers 4 bedrooms and 3 bathrooms, with newer flooring, fresh paint, and a new HVAC system in 2026. The great room features tall ceilings, a fireplace, and large windows showcasing the peaceful commons setting. Enjoy those same views from the balcony, covered patio, and open walkout basement. Additional highlights include first-floor laundry and a generous 21' x 13'6" storage room. HOA provides easy living with lawn care, snow removal, garbage, and recycling included.

5618 Barrington Park Drive, Lincoln

Listing courtesy of HOME Real Estate.

$419,000

6 Beds ⋅ 4 Baths ⋅ 22628562 MLS

OPEN HOUSE SATURDAY 11:30-12:30 AND SUNDAY 4:00-5:00. Welcome to this stunning six bedroom four bath, walk out home located in Bicentennial Estates! The charm of this corner lot home is amazing with an adorable front porch to welcome! Enter into the beautiful home with hardwood floors and to the right is the formal dining room room and the living room has new carpeting as well as a real wood fireplace. Enter into the kitchen area with dining and sliding doors off to the deck with great views of the common space that is very private! Laundry is on the main level. The second level has the primary suite with a balcony and private bath. There are four additional bedrooms on the second level with a full bath. The lower level has a large family room (with projection capability for movies). There is a sixth bedroom and full bath also! Walk out to the covered patio and enjoy the private fence yard. This home is close to shopping and restaurants!

5001 Valley Forge Road, Lincoln

Listing courtesy of Nebraska Realty.

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