O'Neil Property Group
Live Hampshire listings updated daily from the MLS — plus what local buyers should know before making a move.
Under $500K covers most of the Hampshire market, including nearly all of its new construction. This bracket takes in the full D.R. Horton Prairie Ridge lineup — recent quick move-ins have listed in the $440K–$460K range — the near-new Lennar homes at Tamms Farm, and the larger resales in Lakewood Crossing and White Oak Ponds. With the village median around $388K, a $500K budget shops the top half of the market with real selection: move-up floor plans, three-car garages, and premium lots are all on the table.
Looking for help narrowing down your search? Call or text Kealan at 630-381-4995 for a personalized list of homes that match your budget and priorities.
Active listings pulled directly from the MLS.
Expect four-bedroom two-story homes from roughly 1,800 to 3,100 square feet. Tamms Farm homes were built by Lennar between 2022 and 2025 across eleven floor plans up to 3,146 square feet, many with full basements. Prairie Ridge’s larger plans — Bellamy and Henley — run 2,051 to 2,600 square feet with base pricing in the $430s–$450s. On the resale side, White Oak Ponds offers 2,448–3,848 square foot homes from the early 2000s, with recent sales between $405K and $481K.
The choice in this bracket is usually between near-new and established. Tamms Farm and Prairie Ridge deliver 2017-or-newer construction with modern layouts and builder-era mechanicals; White Oak Ponds, on Route 72 west of Route 47, counters with larger lots, mature landscaping, and more square footage per dollar — its average sale price per square foot runs meaningfully below new construction. Lakewood Crossing’s biggest homes, up to 4,100+ square feet, also appear under $500K in some years.
At this price point most buyers use conventional financing, and the comparison worth running is total monthly cost, not list price: HOA fees ($25–$40/month in the newer communities, more in Lakewood Crossing), SSA assessments where active, and property tax differences between subdivisions can swing the payment by hundreds per month between homes at the same price. We pull the actual tax bill and association details on every home before clients write.
Inventory under $500K is the deepest slice of the Hampshire market, and it is growing as Prairie Ridge continues to build out. That gives buyers leverage they do not have in the under-$300K bracket: you can negotiate, compare builder incentives against resale pricing, and walk away from a mispriced home knowing another is coming. Sellers in this bracket win with condition and presentation, not scarcity.
Whether you are just starting your search or ready to schedule a showing, Kealan O’Neil is here to help you every step of the way.
