Skip to main content
MLS® listings · updated October 22, 2026 Balanced market · 43/100

Richmond Hill Homes for Sale & Real Estate

Richmond Hill has 1,201 homes and properties for sale on the MLS® right now. The median asking price for a home is $1,248,000. 135 new listings came on the market in the last 7 days. Detached houses are the largest share, at 54% of home listings.

Currently a balanced market in Richmond Hill. Browse 1,203 MLS® listings, neighbourhood market stats, and recent sold history across Richmond Hill, Ontario.

Zara, Summitly's AI virtual agent (AI-generated image)Chat with ZaraAI virtual agent
  • Licensed real estate brokerage
  • Direct MLS® feed
  • Zara, AI virtual agent
  • Paired mortgage support
95 Penstock Court, Richmond Hill: home for sale
95 Penstock Court · $3,099,000Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Richmond Hill at a glance

MLS® data

Homes for sale
1,201
For rent
716
Sold · 90 days
806
Average sold price · 90 days
$1,238,885

Market typeBalanced market · 43/100

34 days on market (average) · 4.5 months of inventory

Zara, Summitly's AI virtual agent (AI-generated image)
Zara · AI virtual agent

Meet Zara · Richmond Hill

Ask Zara about any listing, neighbourhood, school zone, or sold comparable in Richmond Hill. Available 24/7 via chat or phone — no signup, no waiting.

How many homes are for sale in Richmond Hill?

1,201 homes are listed for sale in Richmond Hill on the MLS® right now. 135 of them were listed in the last 7 days.

Ask Zara a follow-up
How much does a home cost in Richmond Hill?

As of October 2026, homes for sale in Richmond Hill have an average asking price of $1,643,758 and a median of $1,248,000 across 1,049 MLS® listings. A detached house has a median asking price of $1,849,000, against $568,000 for a condo. Over the last 12 months, the median sold price was $1,136,000 across 2,211 sales.

Ask Zara a follow-up
Is Richmond Hill a buyer's or a seller's market?

Right now it reads as a balanced market: homes are taking about 34 days to sell and there are about 4.5 months of supply. That can change month to month, so ask before you make an offer.

Ask Zara a follow-up
Are prices coming down in Richmond Hill?

8 homes have had the asking price cut in the last two weeks. See them in the price drops row above.

Ask Zara a follow-up
AI-friendly answerUpdated daily from MLS®

Richmond Hill, Ontario has 1,203 homes listed for sale, 806 sold in the last 90 days and a 90-day median sold price of $1,131,000, from the MLS®. Through Mortgage Squad Advisors — Summitly's preferred mortgage partner — you can browse listings and talk to a licensed mortgage advisor in the same flow.

Search Ontario homes on the map

Loading map…

Loading map search…
Map preview of Richmond Hill real estate listings
New in Richmond Hill

Newest Richmond Hill MLS® listings

135 homes were listed for sale in Richmond Hill in the last 7 days. The newest first.

All new listings in Richmond Hill

More Richmond Hill listings

Showing 1–24 of 1,200

Price drops

Recently reduced in Richmond Hill

Homes whose asking price came down in the last two weeks, most recent cut first.

All price-reduced homes in Richmond Hill
Home prices

Richmond Hill home prices

Asking prices of the Richmond Hill homes for sale on the MLS® today, by property type, with the median sold price over the last 12 months. Updated October 2026.

As of October 2026, homes for sale in Richmond Hill have an average asking price of $1,643,758 and a median of $1,248,000 across 1,049 MLS® listings. A detached house has a median asking price of $1,849,000, against $568,000 for a condo. Over the last 12 months, the median sold price was $1,136,000 across 2,211 sales.

Richmond Hill home prices by property type
TypeFor saleAverage askingMedian askingAsking $/sq ftMedian days listedMedian sold (12 mo)
All homes1,049$1,643,758$1,248,000$71935$1,136,000
Detached564$2,380,080$1,849,000$76037$1,500,000
Semi-detached32$1,007,531$974,450$73326$1,050,000
Townhouse216$972,803$998,000$63924$1,010,000
Condo237$588,907$568,000$74431$538,100

Asking figures are from active MLS® listings; $/sq ft uses listings that report a floor area. Sold figures are medians of at least 5 sales — individual sold prices are shown to signed-in members only.

12-month sold price trend in Richmond Hill

MonthAverage sold priceSales
November 2025$1,341,139160
December 2025$1,254,568167
January 2026$1,263,021135
February 2026$1,311,70196
March 2026$1,253,677132
April 2026$1,155,409143
May 2026$1,261,380174
June 2026$1,230,546218
July 2026$1,184,625232
August 2026$1,258,572263
September 2026$1,228,641290
October 2026$1,238,613163
Sold

Recently sold in Richmond Hill

How Richmond Hill homes have been selling, from MLS® sales. Prices are aggregates of at least 5 sales; sign in to see individual sold prices and dates.

See recently sold homes in Richmond Hill
  • Sold in the last 90 days
    806
  • Median sold price (90 days)
    $1,131,000
  • Average days on market
    34 days
  • Homes sold (12 months)
    2,211
Market intelligence

Home price trends & market temperature in Richmond Hill

Composite hotness score, the year-long sold-price line, and a plain-English read on the data from Zara, our real estate AI.

Full Richmond Hill market breakdown
Market temperature

Richmond Hill is a balanced market

Composite score derived from days-on-market and months-of-inventory signals.

43
balanced
Cool buyer's mktBalancedHot seller's mkt
  • Days on market
    34
    Lower = hotter
  • Months of inventory
    4.5
    Under 4 = hot
  • Closed (30d)
    807
    MLS® last 30 days
12-month trend

Average sold price in Richmond Hill

Last 12 months of MLS® closed transactions, average per month.

$1,238,885
-7.6% YoY
$1,238,613
Nov 25Oct 26
Zara's take · Richmond Hill
Richmond Hill is currently a balanced market.

The latest monthly average sold price is roughly 7.6% lower than 12 months earlier. Monthly averages move with the mix of homes that sold, so treat this as a direction rather than a precise change. Supply is at ~4.5 months — between the usual seller's and buyer's thresholds.

Practical takeaway

Buyers: you have time to make a measured decision and negotiate. Sellers: presentation and pricing strategy matter more than timing.

Generated from MLS® data — not investment advice.See the full report
Loading Richmond Hill market deep-dive…
Browse by price

Richmond Hill homes for sale by price range

Active MLS® listings per price band.

  • Under $500K
    159
  • $500K – $750K
    179
  • $750K – $1M
    172
  • $1M – $1.5M
    266
  • $1.5M – $2M
    159
  • Over $2M
    267
Browse by type

Richmond Hill homes by property type

Detached, semi-detached, townhouse, condo, multi-family and commercial inventory — all in one view.

Browse by bedrooms

Richmond Hill listings by bedroom count

  • 1+ Bedroom
    1,014
  • 2+ Bedrooms
    922
  • 3+ Bedrooms
    747
  • 4+ Bedrooms
    470
  • 5+ Bedrooms
    125
Browse by intent

Popular Richmond Hill searches

The way buyers really search — new listings, price drops, with pool, finished basement, fixer-uppers, and more. One tap drops you on the map with that filter applied.

By postal code

Most-active postal codes in Richmond Hill

Forward Sortation Areas (the first 3 characters of a Canadian postal code) ranked by current MLS® inventory.

Nearby markets

Cities near Richmond Hill

Same-province markets within driving distance — useful when you're flexible on commute.

About the market

Living in Richmond Hill, Ontario

Richmond Hill has 1,203 homes listed for sale on the MLS® right now. The largest groups are detached houses (536), condos (227), townhouses (206) and semi-detached houses (31). Another 717 homes are listed for rent.

Over the last 90 days, 807 homes sold in Richmond Hill at a median price of $1,131,000, after an average of 34 days on the market. Over the last six months, average sold prices were: detached houses $1,651,205, semi-detached houses $1,089,540, townhouses $951,291 and condos $554,170.

At the current pace of sales, Richmond Hill's active listings would take about 4.5 months to sell — roughly balanced between buyers and sellers. Summitly's market gauge reads: Richmond Hill is a balanced market.

Richmond Hill is served by GO Transit rail. The nearest markets Summitly covers are Vaughan (7 km), Markham (9 km) and Whitchurch-Stouffville (18 km).

Looking for a licensed agent? Compare Richmond Hill real estate agents — free to use. How your agent is paid is set out in your buyer representation agreement.

Thinking about a career in real estate? Real estate careers in Richmond Hill

Own a home in Richmond Hill? What's my Richmond Hill home worth? · Recently sold in Richmond Hill · Estimate your selling costs

Automated estimate from recent area sales. Sign in or create a free account to see it, and we'll email the full report.

Buying guide

Buying a home in Richmond Hill

What buying at Richmond Hill's typical asking price costs on top of the price itself, from Ontario's current rules.

  • Land transfer tax in Richmond Hill

    On Richmond Hill's median asking price of $1,248,000, Ontario land transfer tax is $21,435. Richmond Hill has no municipal land transfer tax; the same home in Toronto would add $21,435 of MLTT.

  • First-time buyer refunds

    First-time buyers get up to $4,000 of the provincial tax refunded — $4,000 at this price, leaving $17,435 to pay.

  • Minimum down payment

    At $1,248,000, the minimum down payment is $99,800 (8.0% of the price).

The 5-step plan

How to buy a home in Richmond Hill

The steps Summitly's licensed advisors walk buyers through.

  1. 1

    Get pre-approved

    Confirm your maximum purchase price and hold a rate before you start touring properties in Richmond Hill. Summitly's mortgage partner, Mortgage Squad Advisors, can compare lenders for you.

  2. 2

    Browse MLS® listings in Richmond Hill

    Use the price, property-type and bedroom tiles on this page to narrow inventory, or draw your own search area on the map.

  3. 3

    Tour homes with a licensed agent

    Summitly can connect you with a Richmond Hill agent at Coldwell Banker Summit Realty, or you can work with your existing REALTOR®.

  4. 4

    Make an informed offer

    Compare the asking price with recent sold prices for similar homes nearby — Zara, our real estate AI, can pull comparables for any address.

  5. 5

    Close

    Your lender, real estate lawyer and agent coordinate the closing so the keys are released on your closing date.

Frequently asked questions

Buying and selling in Richmond Hill: your questions, answered

Answered with this page's own MLS® numbers.

  • What is the average house price in Richmond Hill?

    The average asking price of a home for sale in Richmond Hill is $1,643,758 as of October 2026, across 1,049 MLS® listings (median $1,248,000). Homes that sold in the last 90 days averaged $1,238,885 over 807 sales. Detached houses average $2,380,080.

  • How many homes are for sale in Richmond Hill right now?

    1,203 homes are listed for sale on the MLS® in Richmond Hill, including 536 detached houses, 227 condos and 206 townhouses.

  • What do homes sell for in Richmond Hill?

    Homes that sold in Richmond Hill over the last 90 days went for a median of $1,131,000 and an average of $1,238,885, across 807 sales. Prices vary widely by property type, size and neighbourhood.

  • How much does each type of home cost in Richmond Hill?

    Average sold prices in Richmond Hill over the last six months: detached houses $1,651,205, semi-detached houses $1,089,540, townhouses $951,291 and condos $554,170.

  • How long does it take to sell a home in Richmond Hill?

    Homes that sold in Richmond Hill over the last 90 days spent an average of 34 days on the market.

  • Is Richmond Hill a buyer's or a seller's market?

    Richmond Hill is a balanced market. Richmond Hill has about 4.5 months of inventory (active listings divided by monthly sales); under four months usually favours sellers and over six favours buyers.

  • How many homes are for rent in Richmond Hill?

    717 homes are listed for rent on the MLS® in Richmond Hill right now.

  • What cities are near Richmond Hill?

    The closest markets Summitly covers are Vaughan (7 km away), Markham (9 km away) and Whitchurch-Stouffville (18 km away).

  • Where do these Richmond Hill numbers come from?

    Listing counts are MLS® counts, updated daily. Sold prices and days on market come from MLS® sales closed in the last 90 days; a figure based on fewer than 5 sales is withheld.

Licensed Ontario real estate brokerage

Coldwell Banker Summit Realty, Brokerage

Coldwell Banker Summit Realty, Brokerage is registered with the Real Estate Council of Ontario (RECO). Its licensed agents can help you buy, sell or lease in Richmond Hill, from showings and offers to closing. When you are ready to finance, you can compare mortgage options with our partner, Mortgage Squad Advisors.

  • RECO-registered brokerage
  • Licensed agents
  • Zara, AI virtual agent

Coldwell Banker Summit Realty, Brokerage. Waqar Afzal, Broker of Record. Each office is independently owned and operated.

Ready to make a move in Richmond Hill?

Estimate what you can afford, talk to a licensed mortgage advisor about pre-approval, or ask Zara for a personal affordability snapshot.