Lake Erie Cottages For Sale Under $500,000
25 cottages under $500,000 for sale on Lake Erie right now, from $60K to $500K. Updated through the day from the MLS®.
Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.
Lake Erie cottage market today
Based on 24 homes for sale right now (asking prices). Updated through the day.
Homes by price
By style
| Style | For sale | Median price |
|---|---|---|
| Waterfront cottage | 22 | $372K |
| Cottage | 13 | $400K |
| Land | 10 | $329K |
| Resort condo | 1 | $375K |
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Get my instant estimateCottages under $500,000 on Lake Erie
Right now there are 25 cottages under $500,000 for sale on Lake Erie. Asking prices run from $60K to $500K, and the middle listing is $369K. Most are in Haldimand County, Port Colborne, Wainfleet and Norfolk County.
The southernmost, shallowest and warmest of the Great Lakes, with Ontario along its whole north shore. More about Lake Erie.
Common questions
How many cottages under $500,000 are for sale on Lake Erie?
There are 25 listings right now, taken straight from the MLS® and updated through the day. New ones are added the day they come on the market.
How much do cottages under $500,000 on Lake Erie cost?
Asking prices run from $60K to $500K, with a median of $369K. Frontage, shoreline, exposure, road access and the building itself account for most of the spread.
Where on Lake Erie are these cottages under $500,000?
Most of today's listings are in Haldimand County, Port Colborne, Wainfleet and Norfolk County. Use the map above to see exactly where each one sits on the lake.
Can I get new cottages under $500,000 on Lake Erie sent to me?
Yes. Save this search or ask for listing alerts and new cottages under $500,000 on Lake Erie are emailed to you the day they hit the MLS®, along with price drops. It is free and you can stop anytime.
More ways to shop Lake Erie
- Waterfront Cottages 121
- Luxury Cottages 18
- Under $750,000 47
- Under $1 Million 75
- Under $2 Million 107
- Cheap Cottages 19
- Four-Season Cottages 79
- Seasonal Cottages 13
- Island & Water Access Cottages 21
- Cottages with a Boathouse 2
- Cottages with a Sandy Beach 89
- Cottages with a Bunkie 6
- Investor-Friendly Cottages 13
- Fixer-Upper Cottages 2
- Cabins 100
- Log Homes 2
- Chalets 2
- Waterfront Land 15
- Building Lots & Acreage 18
- Resort Condos 6
Under $500,000 on other Lake Erie Shore lakes
All cottages under $500,000 in Lake Erie Shore · All cottages under $500,000 in Ontario
Lake Erie sold prices by year
715 cottages, homes and lots on Lake Erie have sold through the MLS® since 2017, 103 of them in the past 12 months. Sold prices are for members. Joining is free.
Free members see sold prices, sale-to-asking ratios and every sold listing on the lake.
| Year | Sales | Median sold | Average | Lowest | Highest | Sold vs. asking | Median days |
|---|---|---|---|---|---|---|---|
| 2026 to date | 93 | ||||||
| 2025 | 87 | ||||||
| 2024 | 52 | ||||||
| 2023 | 52 | ||||||
| 2022 | 62 | ||||||
| 2021 | 136 | ||||||
| 2020 | 105 | ||||||
| 2019 | 56 | ||||||
| 2018 | 64 | ||||||
| 2017 | 8 | ||||||
Sold data from the PropTx MLS®, for sales reported on the board. Private and exclusive sales are not included. Figures are a guide, not an appraisal. Information deemed reliable but not guaranteed.
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