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

Condos for Sale in Nepean
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 Nepean this band: $386K · 51 active · avg 34 days on market.

Median List Price

$386K

Active Listings

51

Avg Days on Market

34 days

YoY Change

-6.7%

6-Month Median Price Trend

Dec

$397K

Jan

$397K

Feb

$397K

Mar

$397K

Apr

$397K

May

$396K

What is the average condo price in Nepean in 2026?

The benchmark price for a condo in Nepean in 2026 is approximately $386K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 51 active listings, moving in an average of 34 days on market. Prices are down 6.7% year-over-year.

Is Nepean a buyer's or seller's market right now?

Nepean is currently a balanced market for condos in this band. Inventory is turning over in 34 days with prices down 6.7% year-over-year. Neither side has decisive leverage right now.

Families helped in Nepean

23+

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, Nepean

What $386K gets you in Nepean.

Condos in Nepean priced under $500k are tracking against a CREA MLS® HPI benchmark of $386K for the ottawa area. Within this band the median list comes in near $386K — down 6.7% year-over-year. Active inventory is moving in roughly 34 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Barrhaven, Nepean

$392K

2 bed2 bath840 sqft
Bells Corners, Nepean

$393K

2 bed2 bath840 sqft
Crystal Beach, Nepean

$392K

2 bed2 bath840 sqft

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

Where these condos are clustered in Nepean.

Nepean Condo FAQ

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

As of 2026-05-01, the median list price for condos in Nepean priced under $500k sits at approximately $386K based on active MLS inventory.

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

There are roughly 51 active condos for sale in Nepean priced under $500k. Inventory typically refreshes weekly via the local MLS board.

How long do condos stay on the market in Nepean?

Condos in Nepean priced under $500k are averaging 34 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Nepean condo prices going up or down?

Year-over-year median condo prices in Nepean (this band) are down 6.7%. Six-month trend data is available on this page.

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

On a $386K purchase with 20% down, you'd carry a mortgage of about $309K. 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 Nepean under $500k.

51 active listings · median $386K. A licensed Nepean advisor sends the live list within 1 business hour.

Condos in Nepean Under $500K

Median $386K · 51 active

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Step 2 · Lock in financing

Get pre-approved for a $309K mortgage.

Based on $386K 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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