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

Condos for Sale in Richmond Hill
$500K – $750K

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 Richmond Hill this band: $539K · 26 active · avg 31 days on market.

Median List Price

$539K

Active Listings

26

Avg Days on Market

31 days

YoY Change

-9.1%

6-Month Median Price Trend

Dec

$555K

Jan

$555K

Feb

$555K

Mar

$555K

Apr

$554K

May

$554K

What is the average condo price in Richmond Hill in 2026?

The benchmark price for a condo in Richmond Hill in 2026 is approximately $539K based on the latest CREA MLS® HPI release. Within the $500k – $750k band there are currently 26 active listings, moving in an average of 31 days on market. Prices are down 9.1% year-over-year.

Is Richmond Hill a buyer's or seller's market right now?

Richmond Hill is currently a balanced market for condos in this band. Inventory is turning over in 31 days with prices down 9.1% year-over-year. Neither side has decisive leverage right now.

Families helped in Richmond Hill

67+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Switched at renewal and saved $187/month with no closing costs. I should have called them at year three.
Jennifer L., Renewal, Richmond Hill

What $539K gets you in Richmond Hill.

Condos in Richmond Hill priced $500k – $750k are tracking against a CREA MLS® HPI benchmark of $539K for the greater toronto area. Within this band the median list comes in near $539K — down 9.1% year-over-year. Active inventory is moving in roughly 31 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Oak Ridges, Richmond Hill

$539K

2 bed2 bath900 sqft
Jefferson, Richmond Hill

$539K

2 bed2 bath900 sqft
Bayview Hill, Richmond Hill

$540K

2 bed2 bath910 sqft

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

Where these condos are clustered in Richmond Hill.

Richmond Hill Condo FAQ

What is the median price for condos in Richmond Hill $500k – $750k?

As of 2026-05-01, the median list price for condos in Richmond Hill priced $500k – $750k sits at approximately $539K based on active MLS inventory.

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

There are roughly 26 active condos for sale in Richmond Hill priced $500k – $750k. Inventory typically refreshes weekly via the local MLS board.

How long do condos stay on the market in Richmond Hill?

Condos in Richmond Hill priced $500k – $750k are averaging 31 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Richmond Hill condo prices going up or down?

Year-over-year median condo prices in Richmond Hill (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 Richmond Hill?

On a $539K purchase with 20% down, you'd carry a mortgage of about $431K. 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 Richmond Hill $500k – $750k.

26 active listings · median $539K. A licensed Richmond Hill advisor sends the live list within 1 business hour.

Condos in Richmond Hill $500K – $750K

Median $539K · 26 active

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Step 2 · Lock in financing

Get pre-approved for a $431K mortgage.

Based on $539K 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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