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Orange County, CA New Homes Under $500K

3 Communities

$986,440 - $1,484,990

Great Park Neighborhoods

Irvine, CA 92618

20 Floor Plans

2 Builders

Master Planned Community

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Market Snapshot

New Home Cities in Orange County

CityCommunitiesAverage New Home Price
Rancho Mission Viejo9$852,133
Anaheim7$834,300
Irvine6$1,796,935
Huntington Beach2$1,612,656
Silverado2$3,532,252
San Juan Capistrano1$1,142,523
Buena Park1$776,490
Cypress1$804,500
Placentia1$714,859
La Habra1$774,890
Tustin1$1,217,240

Orange County, CA features many of the best home builder communities in California, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Orange County has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Orange County area. In fact, there are 3 communities and 3 builders in Orange County with homes starting at under $500K.

How to Find Homes in Orange County for Less than $500K?

Many builders recognize there is growing demand in the Orange County area for homes under the $500k price point and often have a few floor plans available, but these may be in limited supply. These brand new homes are relatively affordable. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices. Like any new home, you are likely to have the low maintenance and lower cost of ownership that makes new construciton a good value in Orange County.