Richmond, British Columbia, Canada
As of August 13, 2026, the median asking price in Richmond is $999,000, across 2,353 active MLS® listings.
Those listings have been on the market an average of 108 days.
503 new listings came to market in Richmond in the last 30 days.
Asking prices work out to about $792 per square foot, based on the 2,296 listings that report floor area.
Condos in Richmond are listed at an average of $754,842 across 878 active listings.
Detached homes in Richmond are listed at an average of $2,459,444 across 616 active listings.
Townhouses in Richmond are listed at an average of $1,101,315 across 374 active listings.
Commercial properties in Richmond are listed at an average of $292,041 across 126 active listings.
Quiet blocks, global flavours, family roots
North of Blundell and west of No. 4 Road, Richmond’s namesake neighbourhood feels like the city’s residential backbone—tree-lined streets, tidy front gardens, and a rhythm that’s more school drop-off than nightlife. It’s an older, settled pocket where many houses date to the big growth decades and have been carefully updated, expanded, or rebuilt, creating a streetscape that mixes classic split-levels with newer, larger contemporary homes.
The population leans family-forward and multi-generational, with a strong East Asian presence that shows up in everyday life: grocery runs that end with a bakery stop, late dinners along nearby corridors, and community events that draw neighbours out year-round. Daily errands are typically a short drive rather than a stroll (Walk Score: 33), but parks, sports fields, and community facilities help the area feel connected, especially around Minoru Park and the civic core just to the northwest.
Real estate here is defined by land and stability. Detached homes dominate side streets, while townhomes and low-rise condos have been steadily appearing on busier edges and along redevelopment-friendly routes—an incremental shift that adds options for downsizers and first-time buyers without changing the neighbourhood’s calm tone. Buyers tend to value school catchments, lot size, and quiet street placement; sellers benefit from long-term demand that’s closely tied to Richmond’s broader market and the enduring appeal of established, central residential pockets.
Richmond is showing limited live market data right now, which suggests current pricing and demand signals may be less reliable than usual. Buyers and investors should expect more variability from listing to listing and lean on recent comparable sales and on-the-ground inventory changes to gauge near-term leverage and opportunity.
Walk Score 33 · Transit Score 50 · Bike Score 58
The median asking price in Richmond is $999,000, across 2,353 active MLS® listings as of August 13, 2026. The average asking price is $1,399,270. These are list prices on homes currently for sale, not sale prices.
There are 2,353 active MLS® listings in Richmond as of August 13, 2026. 503 of them came to market in the last 30 days.
Homes currently listed in Richmond have been on the market an average of 108 days as of August 13, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 2,353 homes currently listed in Richmond, 37% condos, 26% detached houses, 16% townhouses, 5% commercial properties.
Richmond has a Walk Score of 33 out of 100, which Walk Score classifies as Car-Dependent — most errands require a car. Transit Score is 50. Bike Score is 58.