Live Market Snapshot · 2026-05-01Data source · CREA MLS® HPI · May 2026

Condos for Sale in King City
Under $500K

Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in King City this band: $475K · 64 active · avg 39 days on market.

Median List Price

$475K

Active Listings

64

Avg Days on Market

39 days

YoY Change

-9.1%

6-Month Median Price Trend

Dec

$475K

Jan

$475K

Feb

$475K

Mar

$475K

Apr

$476K

May

$476K

What is the average condo price in King City in 2026?

The benchmark price for a condo in King City in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 64 active listings, moving in an average of 39 days on market. Prices are down 9.1% year-over-year.

Is King City a buyer's or seller's market right now?

King City is currently a buyer's market for condos in this band. Listings are sitting 39 days on average and prices are 9.1% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.

Families helped in King City

10+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Two years of Notice of Assessments and they still got me an A-lender rate. Other brokers had pushed me to B-lenders.
Aisha N., Self-employed, King City

What $475K gets you in King City.

Condos in King City priced under $500k are tracking against a CREA MLS® HPI benchmark of $539K for the greater toronto area. Within this band the median list comes in near $475K — down 9.1% year-over-year. Active inventory is moving in roughly 39 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Nobleton, King City

$439K

2 bed2 bath610 sqft
Schomberg, King City

$439K

2 bed2 bath610 sqft
Pottageville, King City

$439K

2 bed2 bath610 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these condos are clustered in King City.

King City Condo FAQ

What is the median price for condos in King City under $500k?

As of 2026-05-01, the median list price for condos in King City priced under $500k sits at approximately $475K based on active MLS inventory.

How many condos are currently for sale in King City in this price range?

There are roughly 64 active condos for sale in King City priced under $500k. Inventory typically refreshes weekly via the local MLS board.

How long do condos stay on the market in King City?

Condos in King City priced under $500k are averaging 39 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are King City condo prices going up or down?

Year-over-year median condo prices in King City (this band) are down 9.1%. Six-month trend data is available on this page.

What mortgage do I need to buy a condo at this price in King City?

On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

See every active condo in King City under $500k.

64 active listings · median $475K. A licensed King City advisor sends the live list within 1 business hour.

Condos in King City Under $500K

Median $475K · 64 active

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Step 2 · Lock in financing

Get pre-approved for a $380K mortgage.

Based on $475K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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