Richmond, British Columbia
As of September 27, 2026, the median asking price in Richmond is $1,028,000, across 1,837 active MLS® listings.
Those listings have been on the market an average of 96 days.
507 new listings came to market in Richmond in the last 30 days.
Asking prices work out to about $814 per square foot, based on the 1,837 listings that report floor area.
Condos in Richmond are listed at an average of $759,165 across 854 active listings.
Detached homes in Richmond are listed at an average of $2,523,905 across 600 active listings.
Townhouses in Richmond are listed at an average of $1,097,689 across 355 active listings.
Duplexes in Richmond are listed at an average of $1,653,687 across 24 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’s for-sale market is well stocked right now with 1,837 active listings, a median asking price of $1,028,000, an average of $814/sqft, and listings sitting an average of 96 days so far, suggesting buyers have time to compare options and negotiate. With 507 new listings added in the past 30 days, choice continues to broaden across the city—from higher-density condos and townhomes near the Canada Line and the City Centre to larger detached homes in areas like Steveston, Broadmoor, and around West Cambie—creating wide pricing spread and location-driven value differences for investors to weigh.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
Richmond covers about 129 km², so a single Walk Score®, Transit Score® or Bike Score® measured at one point would not describe it. How easily you can get around depends on which part of Richmond you are in — check the score for a specific address.
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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