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Ontario · Homes for Sale

Ontario Homes for Sale Under $500,000


Here you will find Ontario listings under $500,000 with the local numbers that frame them. Census figures for 2020 to 2024 place 28% of Ontario owner homes under $500,000.

Price Points

The condo median in Ontario was $550,000 across 79 closings. Townhouses in Ontario sold at a median of $564,000 on 40 sales. The condo price per square foot came in near $374. Redfin logged 188 single-family houses sold in Ontario at a $723,000 median. Per square foot, the Ontario median across types was $388.

Pace and Supply

On average, townhomes sold for 100.0% of the asking price. All types combined, the median Ontario home went under contract in 48 days. Across every type, Ontario homes sold for 99.6% of list price on average. Of the townhouses sold, 28% went above their original list price. The Ontario market carried roughly 390 active listings at quarter end. For townhouses, median time on market was 64 days.

Age and Building Type

ACS 2020-2024 dates 21% of Ontario housing to 2000 or later. Homes from 1939 or earlier are 5% of the Ontario stock. The Census places 20% of Ontario homes in larger buildings of five units or more. Owners in Ontario estimate a median value of $608,000, per the Census ACS 2020-2024. The Census counts 23% of local housing as built before 1960. ACS dates 29% of local units to 1980 through 1999.

HOA and FHA Basics

Ask how many units in the building are rented. Read the CC and Rs for pet, parking and rental limits. FHA loans on condos need a project the program accepts. General information, not lending, legal or tax advice; a licensed lender or tax pro can speak to your case.

Have a home to sell in Ontario? Ask for a free home value first.

Related: Ontario homes for sale, Ontario homes $1 million and up, Ontario homes under $400,000.

Data: Redfin, a national real estate brokerage, Jul-Sep 2026; U.S. Census ACS 2020-2024 5-year.

Jay Romero, Broker, DRE 01343079 | Miamar Realty | Call (949) 822-8702

Miamar Realty | Corporate DRE #02192235 | 14241 Firestone Blvd #400, La Mirada, CA 90638 | Equal Housing Opportunity.

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