Homes under $500K for sale in Elizabeth City, NC

Homes listed under $500,000.

162

For sale now

14 new this week

$304,900

Middle asking price

$181/sq ft

$308,000

Middle sale price

562 sold, last 12 mo

99.3%

Of first asking price

what sellers received

24

Days on market

typical, last 12 mo

Stop anytime.

This page lists the homes under $500K for sale in Elizabeth City, NC from Hive MLS listings, updated every few minutes, with the last 12 months of sales behind the prices — kept by the Buddy Blake Team.

As of November 4, 2026, there are 162 homes under $500K for sale in Elizabeth City, NC, with a middle asking price of $304,900 (from $49,500 to $499,999). 14 came on the market in the last week. Another 73 are under contract.

In the 12 months through November 4, 2026, 562 sold at a middle price of $308,000, typically for 99.3% of the first asking price after about 24 days on the market.

The most choices right now are in Tooley Harbor, Stockbridge at Tanglewood, Adams Landing.

Newest homes under $500K in Elizabeth City

Page 1 of 7 · 162 for sale · newest first

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Asking prices in Elizabeth City

  • Under $300K77
  • $300K–$500K85
  • $500K–$750K0
  • $750K–$1M0
  • $1M+0

Communities in Elizabeth City with homes under $500K for sale

Under $500K in nearby towns

Questions about homes under $500K in Elizabeth City, answered

How many homes under $500K are for sale in Elizabeth City, NC?

As of November 4, 2026, there are 162 homes under $500K for sale in Elizabeth City, NC, with a middle asking price of $304,900 (from $49,500 to $499,999). 14 came on the market in the last week. Another 73 are under contract.

What do homes under $500K cost in Elizabeth City, NC?

As of November 4, 2026, the middle asking price is $304,900, about $181 per square foot for a typical 1,700 sq ft. Under $300K: 77; $300K–$500K: 85.

What did homes under $500K sell for in Elizabeth City, NC last year?

In the 12 months through November 4, 2026, 562 sold at a middle price of $308,000, typically for 99.3% of the first asking price after about 24 days on the market.

How fast do homes under $500K sell in Elizabeth City, NC?

In the 12 months through November 4, 2026 they typically sold in about 24 days, at 99.3% of the first asking price.

Which communities in Elizabeth City, NC have the most homes under $500K for sale?

As of November 4, 2026, Tooley Harbor (15), Stockbridge at Tanglewood (5), Adams Landing (4), Hunters Lake (4), Peartree Place (3), Briarwood (3).

How do I estimate a monthly payment on a home in Elizabeth City, NC?

A mortgage payment has two parts: principal and interest, which depend on the price, your down payment and the rate a lender offers you; and the costs on top — property taxes, homeowners insurance (and flood insurance near the water), HOA dues where there's an association, and mortgage insurance if you put less than 20% down. Each home's page has a calculator that uses the rate you've been quoted and that home's own taxes and HOA dues from the listing. For your actual rate and Annual Percentage Rate (APR), ask a licensed lender — we can introduce you to Joey Milam at Alpha Mortgage Advantage, or you're free to choose any lender.

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Figures are computed live from MLS listing data for Elizabeth City, NC, under $500k only. Middle = median. Listing data is deemed reliable but not guaranteed.