Homes for Sale Under $500,000 in Mill Woods

Mill Woods is Edmonton's value district — 24 mature neighbourhoods where under $500,000 is not the exception, it is the market: 815 of the 902 homes sold here in the past year went for under $500K (Nov 9, 2025 – Nov 8, 2026, Paragon MLS® data). Detached houses sold for a median of $424,700 and condos for a median of $218,000 — full family homes under $500K, not just condos.

Every listing below is live and under $500,000, across all 24 Mill Woods neighbourhoods. Mill Woods houses sold fast last year — a median of 22 days — so the good ones do not wait. Register free to get new Mill Woods listings the day they list — or call Travis Bannert at 780-720-8240 and I will watch for what you are actually looking for.

More Mill Woods detail: the Mill Woods community guide and the free Mill Woods Price Guide — what homes actually sold for, by price band.