Detached Homes for Sale in King City
Under $500K
Fully freehold land + structure. Highest long-term appreciation, full renovation flexibility, and the strongest move-up buyer demand in the Ontario market. Median list price in King City this band: $475K · 7 active · avg 47 days on market.
7 active · median $475K
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Detached Homes in King City Under $500K
7 active · median $475K
Median List Price
$475K
Active Listings
7
Avg Days on Market
47 days
YoY Change
-6.8%
6-Month Median Price Trend
Dec
$484K
Jan
$461K
Feb
$489K
Mar
$471K
Apr
$466K
May
$468K
What is the average detached price in King City in 2026?
The benchmark price for a detached in King City in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 7 active listings, moving in an average of 47 days on market. Prices are down 6.8% year-over-year.
Is King City a buyer's or seller's market right now?
King City is currently a buyer's market for detacheds in this band. Listings are sitting 47 days on average and prices are 6.8% 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
“We got conditional approval the same evening we called. Saved us from losing the home in a multi-offer.”
What $475K gets you in King City.
Detacheds in King City priced under $500k are tracking against a CREA MLS® HPI benchmark of $1158K for the greater toronto area. Within this band the median list comes in near $475K — down 6.8% year-over-year. Active inventory is moving in roughly 47 days.
Typical Size
1,800–3,500 sqft
Bedroom Range
3–5 bedrooms
Ownership Style
freehold
Sample comparables in this band.
$499K
$445K
$476K
Sample comparables only — request the live MLS report for current availability and pricing.
Keep exploring King City.
Other price ranges
Other property types
King City Detached FAQ
What is the median price for detached homes in King City under $500k?
As of 2026-05-01, the median list price for detached homes in King City priced under $500k sits at approximately $475K based on active MLS inventory.
How many detached homes are currently for sale in King City in this price range?
There are roughly 7 active detached homes for sale in King City priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do detached homes stay on the market in King City?
Detached Homes in King City priced under $500k are averaging 47 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are King City detached prices going up or down?
Year-over-year median detached prices in King City (this band) are down 6.8%. Six-month trend data is available on this page.
What mortgage do I need to buy a detached at this price in King City?
On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $2,322 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 7 active, median $475K.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed King City advisor within 1 business hour.
Detached Homes in King City Under $500K
Median $475K · 7 active · 3.95% 5-yr fixed
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.