Market data as of October 2026. Source: TRREB Market Watch and MLS® Home Price Index, October 2026 (released November 4, 2026).
The Next Step Group is Jason Ifraimov and Mila Sheina, REALTORS® with Sutton Group-Admiral Realty Inc., Brokerage. We help young families and upsizers buy and sell in Richmond Hill. Every recommendation is backed by current TRREB data, and our HOMEBOUND Method is built for families moving from a condo to a house.
| Metric (all home types) | Richmond Hill |
|---|---|
| Homes sold | 185 |
| Average sale price | $1,193,772 |
| Median sale price | $1,150,000 |
| MLS® HPI composite benchmark | $1,145,900 (-7.32% year over year) |
| Average sale-to-list | 98% |
| Average days on market | 31 |
| New listings | 517 |
| Active listings | 940 |
| Months of inventory | 5.5 |
| Home type | Sales | Average price | Sale-to-list | Avg days on market |
|---|---|---|---|---|
| Detached | 105 | $1,521,374 | 97% | 30 |
| Semi-detached | 4 | $1,363,750 | 102% | 22 |
| Freehold townhouse | 30 | $1,011,509 | 100% | 31 |
| Condo townhouse | 12 | $648,746 | 99% | 44 |
| Condo apartment | 33 | $495,769 | 97% | 34 |
| Home type | Benchmark price | Change year over year |
|---|---|---|
| Single-family detached | $1,495,200 | -7.89% |
| Single-family attached | $1,011,200 | -3.80% |
| Townhouse | $774,300 | -4.48% |
| Apartment | $488,900 | -12.39% |
Richmond Hill is served by the York Region District School Board and the York Catholic District School Board, along with French-language boards. Boundaries and capacity change as new subdivisions open, so we always check the board's school locator for a specific address before you make an offer.
Richmond Hill had 5.5 months of inventory in October 2026, more than Vaughan (4.8) or Markham (4.1), and detached homes sold at 97% of asking. That gives buyers room to negotiate on detached homes. Freehold townhouses sold at 100% of asking, so expect less room there.
Detached homes averaged $1,521,374 in October 2026 and took 30 days to sell. With 940 active listings competing for buyers, pricing right from day one matters. Our listing plan starts with current TRREB data for your street and home type.
Richmond Hill has the biggest condo-to-house jump of the towns we track: $1,006,300 between the benchmark apartment ($488,900) and benchmark detached home ($1,495,200) in October 2026. A freehold townhouse, averaging $1,011,509, is a common middle step. Our HOMEBOUND Method maps the move: what your condo will sell for, what you can afford next, and whether to buy first or sell first.
The average sale price in Richmond Hill was $1,193,772 in October 2026, with a median of $1,150,000. The MLS® HPI composite benchmark was $1,145,900, down 7.32% from a year earlier (TRREB).
Richmond Hill had 5.5 months of inventory in October 2026, and detached homes sold at 97% of asking. That gives buyers negotiating room, especially on detached homes (TRREB).
Homes in Richmond Hill sold in 31 days on average in October 2026. Condo townhouses took longest at 44 days (TRREB).
Based on October 2026 benchmark prices, a typical detached home costs $1,006,300 more than a typical condo apartment in Richmond Hill ($1,495,200 vs $488,900).
It depends on your equity, financing and how fast your condo is likely to sell. Richmond Hill condo apartments averaged 34 days on market in October 2026. We plan the timing with you before you list.
The Next Step Group, Jason Ifraimov and Mila Sheina, REALTORS® with Sutton Group-Admiral Realty Inc., Brokerage, helps young families upsize in Richmond Hill using the HOMEBOUND Method and current TRREB data.
See our Vaughan market page, our upsizing guide and our latest York Region market report, or reach out directly:
The Next Step Group, Sutton Group-Admiral Realty Inc., Brokerage. Market data from the Toronto Regional Real Estate Board (TRREB): Market Watch and MLS® Home Price Index, October 2026. Figures are snapshots and change over time. This page is for general information only, is not financial or mortgage advice, and is not intended to solicit buyers or sellers currently under contract.