Columbia Homes under $500,000

Welcome to Columbia, Missouri—a vibrant city nestled in Boone County that perfectly blends small-town charm with big-city amenities. Known for its rich history, cultural diversity, and a strong sense of community, Columbia is an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Columbia is its diverse range of housing options, particularly for those seeking homes under $500,000. Here, you can find a variety of properties that cater to different lifestyles and preferences. Whether you’re looking for a cozy bungalow, a modern townhouse, or a spacious family home, Columbia offers an impressive selection that fits your budget without compromising on comfort or style.

The homes in this price range typically feature updated amenities, inviting layouts, and lovely outdoor spaces—perfect for enjoying Columbia’s beautiful seasons. Many neighborhoods boast proximity to excellent schools, parks, and local shops, making it easy to embrace the community spirit that Columbia is known for.

Moreover, Columbia is home to a thriving arts scene, numerous recreational opportunities, and a strong educational presence, thanks in part to the University of Missouri. With a variety of dining options and entertainment venues, there’s always something to explore.

If you’re considering a move to Columbia, you’ll find not just a house, but a place to call home. Discover the charm of Columbia today, where your dream home awaits at an affordable price!

Newest Columbia Homes under $500,000

$175,000

3 Beds ⋅ 2 Baths ⋅ 437762 MLS

Maximize your buying power with $5,400 in seller concessions at closing while taking advantage of exclusive local housing programs! This exceptional property is available through an affordable housing partnership, requiring buyers to meet Columbia Community Land Trust purchase requirements and sign a ground lease, with some buyers qualifying for extra savings through the City Homeownership Assistance Program. You will step into stunning new construction designed for effortless single-level living. This modern 3-bedroom, 2-bathroom home features a bright, open-concept living and dining area that flows seamlessly into a spacious kitchen, paired with a private primary suite complete with a shower bath and a roomy walk-in closet. Everyday convenience is built right in with an attached 1-car

1107 N EIGHTH ST, Columbia

Courtesy of North Star Real Estate

$409,000

437736 MLS

This quality-built, spacious condo offers over 2,750 square feet of living space with 5 bedrooms and 4 full bathrooms. Enjoy an excellent location close to parks, shopping, and the University, making everyday convenience easy. With its generous size, functional layout, and many major updates already completed, this condo offers comfortable, low-maintenance living in a convenient location. Enjoy cooking, entertaining or relaxing on the private deck. The yard has had the slope corrected, new drains, and lush sod added. Numerous updates include newer siding, roof, privacy fence, flooring, fresh paint, updated trim, and a newer sump pump. This condo will fill you with JOY

13 BRIGHT STAR DR, Columbia

Courtesy of EXP Realty LLC

$175,000

3 Beds ⋅ 3 Baths ⋅ 437633 MLS

THIS IS AN ONLINE ONLY AUCTION! THE PRICE LISTED IS THE STARTING BID AND DOES NOT REFLECT THE SELLING PRICE. 3 Bedroom, 2.5 Bath Real Estate Absolute auction . Modern, Move-In Ready Home with Walkout Basement on 1.4+/- Acres of Land Mature oaks and cedars surround this move-in ready split-level on the north side of Columbia, giving you a private, wooded setting with quick access to town. Inside, modern updates carry throughout. The living room is filled with natural light from a large picture window, and the kitchen opens to a dining area with French doors to the deck. Upstairs, the primary bedroom offers a walk-in closet and private bath, with two more bedrooms and a full hall bath nearby. The walkout lower level is built for gathering, anchored by a floor-to-ceiling stone fireplace

205 W AKEMAN BRIDGE RD, Columbia

Courtesy of Atterberry Auction and Realty Company 573-474-9295

$299,900

4 Beds ⋅ 2 Baths ⋅ 437602 MLS

Need room to spread out? Welcome to 1705 Kathy Dr, a four-bedroom, two-bath home with a newly finished basement that adds over 1,000 square feet of living space. With a full bathroom and added kitchen area downstairs, you have room for guests, movie nights, hobbies, or a second gathering space. Outside, the fenced backyard gives you even more room to enjoy. Come see how much space this home has to offer!

1705 KATHY DR, Columbia

Courtesy of Atrium Realty, LLC

$149,900

4 Beds ⋅ 2 Baths ⋅ 437547 MLS

INVESTOR SPECIAL! Calling all investors, flippers, and buyers looking for a project with serious potential! This property sits on an uncommon 0.92-acre wooded lot and is being sold strictly as-is. With approximately 2,179 total square feet, including a walk-out basement, there is plenty of space and opportunity to rework the existing layout and bring your vision to life. Enjoy a private, wooded setting while still being just minutes from major roadways, shopping, dining, parks, golf, and other Columbia amenities. Bring your contractor and your vision--this one is worth a look! Buyer to independently verify all information, including square footage, finished area, permitted uses, zoning, schools, utilities, development potential, and any other information important to the buyer.

1902 CEDAR CLIFF DR, Columbia

Courtesy of Palmer Realty & Development LLC

$210,000

3 Beds ⋅ 2 Baths ⋅ 437523 MLS

Available for owner-occupy or investment with a strong history of easy rental. Vaulted ceilings, washer and dryer included and neighborhood pool. Master bedroom on the main, 2 additional bedrooms, bathroom and laundry room with storage upper level. LVP Flooring everywhere except bedrooms. Located at the end of the cul-de-sac. Added attic insulation to help with utility costs.

1604 TELLURIDE LN, Columbia

Courtesy of Weichert, Realtors - House of Brokers

$449,000

4 Beds ⋅ 2 Baths ⋅ 437508 MLS

Historic charm meets opportunity in the highly sought-after Historic West Broadway District! This distinctive Victorian-style 2.5-story home, built 124 years ago, sits on a spacious 100-foot setback and offers character, convenience, and potential. The home features 2.5 stories over a basement with abundant storage, plus a large attic ready for future possibilities. The kitchen was updated in July 2026 with brand-new countertops, cabinets, flooring, and stainless steel appliances. This home could be eligible for Historic Preservation Tax Credits with up to 35% reimbursement for qualified rehabilitation expenses, pending approval from the Missouri State Historic Preservation Office.

703 W BROADWAY, Columbia

Courtesy of Weichert, Realtors - House of Brokers

$125,000

3 Beds ⋅ 3 Baths ⋅ 437203 MLS

Opportunity awaits with this 3-bedroom, 2.5-bath reversed ranch tucked into a private, wooded setting. The home offers a 2-car garage, an open main-level living area, fireplace, spacious kitchen with abundant cabinetry and counter space, and large windows overlooking the surrounding trees. A sliding glass door opens to the deck, creating a peaceful spot to enjoy the wooded backdrop. The lower level provides additional living space and access to the backyard, offering plenty of potential for a buyer ready to bring new life to the property. With its established setting, functional floor plan and generous living spaces, this home presents an opportunity for renovation, investment or customization. Property is being sold AS-IS and sale is contingent upon approval of the Probate Court of Boone County. Please see private remarks for more information.

2300 N BOLLI RD, Columbia

Courtesy of Weichert, Realtors - House of Brokers

$190,000

3 Beds ⋅ 2 Baths ⋅ 437177 MLS

Welcome to 1709 Steamboat Ln, a beautifully refreshed 3-bedroom, 2-bath condo offering comfortable, low-maintenance living in a convenient Columbia location. The spacious main-level living area features updated flooring, abundant natural light, and an open feel that flows naturally into the kitchen and dining area. The primary suite is conveniently located on the main level and features a walk-in closet with direct access to the primary bathroom. Upstairs, you'll find two additional bedrooms offering flexibility for guests, an office, or additional living space. With its functional layout, attached garage, and move-in-ready feel, this condo is an excellent opportunity for anyone looking for easy living without sacrificing space. Community pool, lawn maintenance,snow removal included in HOA

1709 STEAMBOAT LN, Columbia

Courtesy of Century 21 Community

$199,000

3 Beds ⋅ 2 Baths ⋅ 436992 MLS

Incredible equity-building opportunity priced under $200K! This 3-bedroom, 1.5-bath home offers solid bones, a functional single-level layout on a crawlspace, and unlimited potential for the right buyer. Ideal for an ambitious investor looking for their next rental or flip, or an owner-occupant ready to build immediate sweat equity with TLC and updates. Conveniently located near central Columbia amenities, schools, shopping, and major commuter routes. With inventory at this price point practically non-existent in today's market, this diamond in the rough is primed for your vision and elbow grease. Bring your tools, design ideas, and make it shine!

17 CLINTON DR, Columbia

Courtesy of South County Realty

$374,900

3 Beds ⋅ 3 Baths ⋅ 436971 MLS

Four separate finished spaces. Room to spread out, and make each one your own. A full-width front porch leads into a kitchen already done for you: white cabinetry, stainless appliances, room to cook. Main floor opens easy between kitchen, dining, and living, all looking into the trees. Upstairs, three bedrooms, two full baths, primary suite with real separation. One level down, a flexible room and full bath open to the backyard at grade, real light, not a stair-down feeling. Call it a bedroom, an office, whatever fits. Below that, a finished room ready for a pool table or theater, bringing total finished space to roughly 3,085 sqft. Outside, a 10x20 building, 9-ft walls, drive-in door. No subdivision, no HOA, just over half an acre of trees minutes from town. Also worth knowing: Leaf guard gutter system Quarterly termite monitoring, Steve's Pest Control HVAC on a maintenance plan through Chapman Heating and Cooling

7073 W GILLESPIE BRIDGE RD, Columbia

Courtesy of Lifetime Realty Group LLC

$250,000

3 Beds ⋅ 4 Baths ⋅ 436865 MLS

Central MO Community Action (CMCA) provides 25% downpayment assistance for qualified buyers who are at or below 80% of the area median income for Columbia, MO; complete the federally requited HUD Homebuyers course (Avail thru Love Columbia) AND qualify for a loan with a lender. ADA compliant entry, halls, bath. Pet containment on rear of unit.

606 N PROVIDENCE RD Unit 100, Columbia

Courtesy of Weichert, Realtors - House of Brokers

Start Your Search

Listing information is provided courtesy of the Broker Reciprocity/IDX of Bagnell Dam Association of REALTORS® and Lake of the Ozarks Board of REALTORS®, Inc. Multiple Listing Services. Copyright 2026 Multiple Listing Service, Inc. of Bagnell Dam Association of REALTORS® MLS, Inc. and Lake of the Ozarks Board of REALTORS® MLS, Inc. Information is being 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 purchasing. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 2026 Century 21 Community