Fairborn Homes under $500,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Fairborn and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Fairborn Homes under $500,000

$199,000

4 Beds ⋅ 2 Baths ⋅ 970162 MLS ⋅ Chelsea Ragon

Wonderful investment opportunity in Fairborn! Located on a dead-end street, One side rented to long term tenant while other side is available to view. Roof 2019, Newer water heater on vacant side, new flooring on vacant side. Come check out this opportunity today for a long term rental opportunity, or live in one side and save money on your mortgage! Just minutes from WPAFB makes this location ideal for many tenants, come see today!

161 Madison Avenue Unit 163, Fairborn

Courtesy of Chelsea Ragon and Coldwell Banker Heritage

$210,000

3 Beds ⋅ 2 Baths ⋅ 970165 MLS ⋅ Rachel West

The classic brick exterior anchors this ranch home, presenting a solid and inviting presence on its suburban lot. Situated on 0.2 acres in Fairborn, this one-story property offers a functional design that maximizes its 1,152 square feet of living space. These classic design elements establish a sense of permanence and warmth from the moment of arrival. Inside, the residence features three bedrooms, one full bathroom, and one half bathroom. The single-level arrangement provides a practical layout for daily routines and transitions, allowing for comfortable interior movement across all rooms. The bedrooms offer dedicated spaces for rest, complemented by the essential bathroom configurations. Located on Linda Lane, the property occupies a lot measuring 8,680 square feet. This outdoor space provides room for yard activities and outdoor relaxation in a quiet neighborhood setting, offering a peaceful backdrop for everyday living and weekend leisure. Prospective buyers can coordinate with their agent to schedule a private showing of this residence.

1221 Linda Lane, Fairborn

Courtesy of Rachel West and NavX Realty, LLC

$284,900

4 Beds ⋅ 2 Baths ⋅ 970224 MLS ⋅ Katie Slone

Welcome home to this beautifully updated 4 bedroom, 2 full bathroom ranch in Fairborn's Rona Hills neighborhood! Inside, you'll find bright, spacious living areas and updates throughout, including a remodeled kitchen featuring abundant cabinetry, stainless steel appliances, modern backsplash and plenty of room to cook and entertain. The flexible layout offers generous living space and four bedrooms, while the updated baths add a fresh and modern touch. The backyard is where the home really shines! Featuring a fully fenced yard, a large cement patio, a covered gazebo, above-ground pool and swing set! Perfect for Summer entertaining, relaxing and play. A 2-car garage adds even more convenience. Ideally located just minutes from Wright Patterson AFB, shopping, dining, schools and major highways, this Rona Hills home offers space, updates and an incredible backyard all in one!

1131 Ortego Drive, Fairborn

Courtesy of Katie Slone and Howard Hanna Real Estate Serv

$149,900

2 Beds ⋅ 1 Baths ⋅ 969936 MLS ⋅ Dana Ward

Welcome to this cute bungalow on a nice, established street. This 2 bedroom, 1 bath home has original hardwood flooring in some rooms, bathroom was previously updated. The interior of the home has been recently painted. This home offers lots of natural lighting and arched doorways. Bathroom updated with farm-style vanity with barn door. One car detached garage with space for a workshop. Storage shed. Nice sized, fenced yard. Walking distance to downtown, restaurants, shopping and more! Call now for your tour!

121 Greene Street, Fairborn

Courtesy of Dana Ward and Dana Ward Realty

$175,000

3 Beds ⋅ 2 Baths ⋅ 969999 MLS ⋅ Marlene Wagner

Welcome to 38 Regina Dr.! This well-maintained ranch offers comfortable one-level living with 3 bedrooms and 2 full baths. The updated kitchen features attractive cabinetry, stainless-steel appliances that all remain, and plenty of space for everyday living and entertaining. A new HVAC system installed in October 2025 provides added peace of mind and energy-efficient comfort. Step outside to enjoy the fenced backyard, offering plenty of room for pets, gardening, entertaining, or simply relaxing outdoors. One of the property's best features is the additional detached building in the rear. Complete with heat and air conditioning, this versatile space has so many possibilities?use it as a workshop, home office, hobby room, studio, game room, or the ultimate man cave. With one-level living, an updated kitchen, newer HVAC, a fenced yard, and that fantastic bonus building, this home offers features you don't find every day. Come take a look and imagine the possibilities!

38 Regina Drive, Fairborn

Courtesy of Marlene Wagner and RE/MAX Victory + Affiliates

$279,900

4 Beds ⋅ 2 Baths ⋅ 969460 MLS ⋅ Andy Barth

A rare piece of local history built to stand the test of time near WPAFB! Originally constructed around the 1880s & relocated from Johnson St. in Old Osborn in 1920, this masterfully crafted 4–5 bedroom home brings historic integrity to life with solid true-dimension lumber construction, set on an expansive double corner lot. Offering nearly 2,100 sf of updated living space, the home welcomes you through an updated mudroom featuring durable LVP flooring, built-in cabinetry, shelving, and main-floor laundry. The kitchen is built for cooking boasting solid refinished cabinets, sealed butcher block countertops, double sink & faucet, and newer appliances. Refinished original hardwoods flow throughout the main floor, connecting a generous dining room, an inviting living room w/ a classic stone fireplace, a half bath, and a dedicated home office with French doors that easily functions as a 5th bedroom. New carpet leads you to four bedrooms, headlined by an expansive primary bedroom w/ enough room for a king set, dressers, and a sitting area with room to spare. The full bath is finished with custom tile flooring and a large soaking tub surrounded by detailed tile work and a large built-in niche. Need more room? A full staircase leads to an unfinished walk-up attic— 5th or 6th Bedroom? Rec Room? Outside, relax on the massive covered front porch with timeless colonial columns and new solid decking, framed by a "burning bush" for natural privacy and where birds perch all year long. The fenced backyard features dedicated electric to the sand base ready for an18’ pool. For the hobbyist or car enthusiast, the 2-car detached garage features 11-foot ceilings, built-in workbenches, pegboard walls to organize tools, and an attached covered carport so you never carry groceries in the rain or brush the snow of the cars. Downstairs, the full, dry concrete block basement provides abundant storage with rough-in plumbing ready for a future full bath. Schedule your private tour today!

601 E Dayton Drive, Fairborn

Courtesy of Andy Barth and Red 1 Realty

$165,000

3 Beds ⋅ 1 Baths ⋅ 970009 MLS ⋅ Jill Jackson

Charming single family home at 121 Powell Ave offers comfortable living in Fairborn! Set in a serene residential neighborhood, this property provides space to relax outside and central to downtown Fairborn, just minutes away from local parks, community hubs, dining and shopping. Inside are 3 inviting bedroom with a 4th bonus room currently used as an office/nook area and an open concept throughout the home. Updates include new HVAC (gas furnace and a/c compressor)-2025, hot water heater is 4 years old and washer/dryer hookups on the main floor. Currently tenant occupied at $1375/month and paying all utilities on a yearly lease expiring in July 2027. Reach out today to schedule a private tour of this inviting Ohio home!

121 Powell Avenue, Fairborn

Courtesy of Jill Jackson and Keller Williams Advisors Rlty

$220,000

2 Beds ⋅ 2 Baths ⋅ 969897 MLS ⋅ Tami Holmes

Don’t miss this tremendous opportunity to own this updated duplex. This 2-story building is next to Wright-Patterson Air Force Base. It is presently used as a successful Airbnb but an owner could live in one unit and rent out the second unit to pay the majority of the mortgage. The furnished duplex could also be used as a regular rental or residence. The first-floor unit has a roomy eat-in kitchen which is open to an expansive living room. The spacious bedroom has built-in dressers and a walk-in closet. The cozy upstairs unit provides an additional income opportunity. The detached 2-car garage provides extra parking or storage space. The fenced yard offers privacy and a lovely outdoor space for relaxing or entertaining. This building is zoned commercial so the options are plentiful. Located just minutes from I-675 and only about an hour to Columbus or Cincinnati, your choice of shopping, dining, and entertainment is endless. Consult with the City of Fairborn re: AirBnB information. Call now for a private showing!

712 W Main Street, Fairborn

Courtesy of Tami Holmes and Tami Holmes Realty

$224,900

4 Beds ⋅ 2 Baths ⋅ 969841 MLS ⋅ Jeffrey T Roberts

Smart investors & handy owner occupants alike will appreciate the value, location & equity building scenario found with this 4 Bedroom, 1 1/2 Bath ranch in need of a general cosmetic refresh. Details start outside with a solid brick exterior, dimensional roofing, an attached 2 car garage and yard so big, you & your dog will do zoomies! Inside, the living room offers great space, a full wall of windows and attractive wall to wall brick fireplace! Bring the family back to the table w/this KING SIZED kitchen offering natural wood cabinets, large eat in space and easy access to the rear grilling patio and adjacent bath laundry space. Off the kitchen is a fantastic family room w/built in cabinetry, shelving and a double closet for ease in storing games, blankets or just about anything needed to gather for movie night. An unexpected 4th bedroom is privately located off the family room offering alternative use as home office. Down the hall you find the 3 remaining bedrooms each gifted with solid closet space and quick access to the central bath. The primary enjoys a connective half bath/laundry room that loops back to the kitchen creating a livable circular flow. Hardwood floors exist under carpeting allowing a great refinishing opportunity if desired. An updated furnace, water heater, electrical panel and new well pump add to the value. Resting on nearly ½ acre, the back yard is privacy fenced, offers a garden shed and plenty of room for the swing set, trampoline, little ones and pets at play. This is a 2nd owner home offering a premium Fairborn location w/easy access to WPAFB, Wright State University, the Colonial Glenn retail corridor, I-675 & US-35! 24 hour notice is required for all showings so plan accordingly.

3142 Bell Drive, Fairborn

Courtesy of Jeffrey T Roberts and RE/MAX Alliance Realty

$295,000

3 Beds ⋅ 2 Baths ⋅ 969820 MLS ⋅ Janet L Miller

The classic brick exterior of this Rona Hills ranch home offers an inviting welcome under a sheltered porch. A nice foyer opens to the formal living room, which features a large bank of windows. Soft carpeting underfoot flows into the adjacent dining area, creating a comfortable space to transition between rooms. Culinary tasks are handled in the kitchen, which features wood cabinetry, counter tops, and staying updated appliances including a range, refrigerator, microwave, and dishwasher. Relaxation is found in the large family room addition, centered around a brick fireplace with side shelving and glass doors. Built-in ceiling fans stir the air in this cozy space, while wood paneling adds warmth to the walls. Sliding glass doors and an atrium door provide access from the family room to the enclosed Florida room, AND a wind shelterd patio. The fenced rear yard offers a large shed and direct views overlooking a city park with soccer fields. This single-story residence includes three bedrooms and one and a half bathrooms. The full bathroom features tiled walls and a sliding glass shower door. Additional storage and utility space are found in the oversized two-car garage, complete with cabinets, a garage door opener, and a dedicated workshop space. Practical updates include a new roof in 2025, a new HVAC system in 2022, water heater in 2015, a new garage door in 2023, and USA insulation installed in all outside walls of the house. Parking options are plentiful with a two-car wide driveway leading to the garage, plus an additional one-car wide driveway on the other side of the home.

1021 Cottage Court Drive, Fairborn

Courtesy of Janet L Miller and RE/MAX HomeBase

$264,900

3 Beds ⋅ 2 Baths ⋅ 969835 MLS ⋅ Michelle R Caldwell

Wonderful ranch home with outdoor garden spaces, a three season room, shed, and two car garage conveniently located within a few short minutes of WPAFB and Interstate 675. Enjoy the privacy of your own personal oasis with a fenced rear yard & bike path at the end of the street. Entertainment, parks, and shopping are all nearby. New HVAC; newer roof; and a Home Warranty provided make this home a great value as a starter or move-up. There is an $8,000 allowance being offered for flooring or C.C. upon closing. Schedule a showing today!

1419 Arlington Drive, Fairborn

Courtesy of Michelle R Caldwell and RE/MAX Preferred Group

$181,500

3 Beds ⋅ 1 Baths ⋅ 969831 MLS ⋅ Colton Risk

Welcome to your beautifully updated home in the heart of Fairborn! This move-in-ready gem offers modern comfort and style, featuring fresh renovations throughout. Step inside to discover an open, inviting floor plan with brand-new flooring, contemporary light fixtures, and neutral paint that complements any décor. Enjoy peace of mind with recent upgrades and a spacious, fully fenced yard ideal for kids, pets, and outdoor gatherings. Conveniently located just minutes from downtown Fairborn, Wright-Patterson Air Force Base, Wright State University, shopping, dining, and parks. Whether you're a first-time buyer, downsizing, or looking for a turnkey investment, this home offers exceptional value and location. Buyer to rely on own measurements.

128 Marchmont Drive, Fairborn

Courtesy of Colton Risk and Howard Hanna Real Estate Serv

Start Your Search

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than The Greely Group are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in. Copyright© 2026 Dayton Area Board of Realtors®