Richmond Hill Real Estate

Refine your Richmond Hill real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Richmond Hill.

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Home Prices in Richmond Hill

The asking price of homes for sale in Richmond Hill has increased 12.66% since May last year, while the number of homes for sale has decreased -65.01%. See more Richmond Hill Home Prices & Values.

House
Median Asking Price
$1.8M
329 Houses
Townhouse
Median Asking Price
$984K
60 Townhouses
Condo
Median Asking Price
$579K
105 Condos

Find Real Estate & MLS® Listings in Richmond Hill

Zolo has the most thorough, up-to-date set of Richmond Hill real estate listings. At the moment, Richmond Hill has 330 homes for sale, including 329 houses, 105 condos, and 60 townhouses listed for sale. The average sold price for all home types in Richmond Hill is $1.0M, which is 1% higher than May 2019. See our Richmond Hill housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

Richmond Hill is home to 17 unique neighbourhoods. With Zolo you'll be able to find the most popular Richmond Hill neighbourhoods, the top schools in the city, and evaluate nearby amenities. Check out the upcoming open houses in Richmond Hill to tour homes in person. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

If you’re looking for rentals instead of homes for sale, Zolo has a comprehensive set of 225 Richmond Hill rental listings, including 78 houses and 110 apartments for rent. Most residents in the city own their homes, while 14% live in rentals with an average lease price of $1,116.

MLS® Listing data for Richmond Hill is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Richmond Hill real estate agents to get started on landing your dream home today.

Richmond Hill City Guide

186K
Population
14%
Population Growth
7%
Unemployment

Yes, Richmond Hill is a city. In fact, it’s the third most populous municipality in York Region. It also holds the distinction of being the most populous town in Canada. Truth be told, this pretty much sums up Richmond Hill: A growing, thriving city that retains its small-town charm.

What helps keep the quaint, neighbourly feel is the city’s attention to detail. Every year, the city decorates old downtown, a strip along Yonge Street, with beautiful floral baskets. Homage to the city’s former glory as the rose capital of Canada. The city also has a light-noise bylaw, meaning it restricts the amount and type of light that may be emitted at night. This bylaw is to enable the David Dunlop Observatory—a large astronomical telescope housed on an 189-acre estate–to function properly. But it also tames the all-night urban feel found in other cities. On weekends, you can find many residents heading out to fish on Wilcox Lake or setting up a picnic to spend the day in the 55-hectare park that protects this kettle lake.

Just don’t this city as a sleepy small-town. Almost half of Richmond Hill’s residents earn over $100,000, making it one of the more affluent cities in Ontario. The city’s employment rate is also quite high with almost 67% of the population gainfully employed. The biggest sectors in the city are business, finance and management, although small businesses also seem to flourish, with more than half of all Richmond Hill employers reporting fewer than four workers. Big corporations also call this city home, with giants like Acklands Grainger, BMW and Staples, setting up headquarters in this southern Ontario local.

Neighbourhoods

There are five districts in Richmond Hill: Dollar, Gormley, Langstaff, Oak Ridges and Temperanceville. Each community has its own distinct history and their own advantages.

Those who want easy highway access gravitate towards Dollar. This neighbourhood sits near Leslie Street and Highway 7 and is in close proximity to Highway 404. Residents who want access to nature and parkland like Gormley, as this area is protected by conservation rules. Another pricier option is the Oak Ridges area, which is also protected land.

Families who want larger homes for sale in Richmond Hill at a more affordable price point usually end up in Langstaff. Homes in this region were built in the 1960s and 1970s on larger lots. In the last decade, many homeowners remodelled and updated these solid family houses. Another good option is Temperanceville, an area that offers great outdoor recreational facilities. Two particularly good areas to look for family houses for sale with tremendous value are North Richvale and Crosby. Both areas attract long-term family home buyers as the schools are excellent.

To narrow down your options talk to a Richmond Hill Realtor. Better still, spend a weekend checking out a few open houses in Richmond Hill. You can make a preliminary list using our hot-list rankings. This list classifies all Richmond Hill communities based on the number of listings, sales price and how long homes stay on the market. Alternatively, if you’re not in the market to buy a home, check out Richmond Hill rental listings.

Neighbourhood
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Westbrook 62% 58% $1.0M 21
2Beaver Creek Business Park 50% 75% $511K 7
3Rouge Woods 53% 63% $1.2M 9
4Observatory 52% 52% $774K 16
5Doncrest 48% 59% $1.1M 12

Nearby Cities

Many buyers opt to purchase in a nearby city and commute to work. These buyers want larger homes and lots but with good commuter access to Richmond Hill’s downtown core. Good options include Vaughan, Aurora and Whitchurch-Stouffville. Look for neighbourhoods that are closer to the highway or commuter train stations, such as Maple or Ringwood. Even cities that require a bit longer of a commute, such as Newmarket, Brampton and Uxbridge are good options as they offer more affordable detached homes.

 

City
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Ajax 49%56%$715K129
2Brampton 44%54%$775K864
3Toronto 44%52%$941K4444
4Mississauga 42%48%$820K1061
5Halton Hills 44%41%$996K148

Demographics

Before buying a house in Richmond Hill examine the city’s demographics. Get an idea of who lives, works and plays in a city based on data from Census Canada. Is the median age close to your age? Are you comfortable with the city’s cultural diversity? How many families live in the city? This information can help you decide whether you and your family will feel comfortable calling the city of Richmond Hill home.

14%
Rent
86%
Own
$1,116
Monthly Rent (Median)
$1,660
Monthly Mortgage (Median)
48,380
Total Families
$87,388
Family Income (Median)
40
Age (Median)
65%
College Educated

Schools

Many parents choose Richmond Hill because of the top-rated elementary and secondary schools. If you’re thinking of buying a home in Richmond Hill, here are the top five schools in each category, to help you narrow down your neighbourhood list.

Elementary Schools

8.9 Bayview Hill
8.8 Pleasantville
8.7 Richmond Rose
8.4 Crosby Heights
8.2 Silver Stream

Secondary Schools

9.2 Bayview
8.7 Richmond Hill
8.1 Richmond Green
8.0 Langstaff
7.1 Alexander MacKenzie

Commuters

For commuters, this city is a very accessible with easy access to Highway 404 and the 407 Express Toll Route from many of the city’s southern neighbourhoods. Those relying on rapid transit are also well-serviced. GO buses run through the city along Yonge Street, while the Langstaff neighbourhood has a GO Train station.

To get a better idea of how city residents commute, consider the data collected by Statistics Canada.

83%
Drive
14%
Transit
0%
Bike
2%
Walk

Local Scoop

Richmond Hill began as a small settlement in the early 1870s and the city grew slowly. By the early 1950s there were about 3,300 residents and within 20 years the city’s population would explode by 1000%. The reason? Immigration. Attracted to the large lots, family homes and surrounding farmland, immigrants began to settle in Richmond Hill. Since the city was just north of Toronto, it provided commuters quick access highways while keeping housing costs low. Times have changed. Now Richmond Hill homes are some of the priciest properties in Canada—in part because it’s such a great place to raise a family.

Every May and June, residents gather at a different park each weekend to plant trees, while Sundays in June marks the start of the Elgin Barrow Arena Farmer’s Market. In the warmer months, city planners host local guided hikes along the Don and Humber watersheds and in July residents are treated to city-sponsored Concerts in the Park, where locals and invited guests will perform for anyone that shows up at the Richmond Hill Park on Elgin Mills Road.

Food is also a big attraction in Richmond Hill. With only 40% of the city’s population claiming English as their mother tongue, this means a great deal of variety and spice in the local eateries. On any given street corner you may find restaurants that cater to Chinese, Iranian, Russian, Italian, even the Korean palette.

For families, there’s a great wave pool that’s part of the city’s public sports and recreation facilities. The pool comes equipped with a waterslide, timed waves, a swirling pool and an on-deck sauna.

FAQs About Richmond Hill Real Estate

According to current Richmond Hill MLS© statistics, the average home listing price in Richmond Hill, ON is $1,665,000. Based on Richmond Hill housing inventory, the average home is listed on the market for 34 days and has a 97.5% selling to listing price ratio.

Based on current Richmond Hill MLS© data, the average detached house in Richmond Hill, ON has a listing price of $2,145,000. In Richmond Hill, detached houses are on the market for 41 days on average.

According to current Richmond Hill MLS© data, the average condo in Richmond Hill, ON has a listing price of $605,000. In Richmond Hill, the average price for a 2-bedroom condo is $634,000 and the average price for a 1-bedroom condo is $542,000.

In Richmond Hill, ON, the most expensive neighbourhoods to buy a home include Bayview Hill, South Richvale, Mill Pond and Rouge Woods. Bayview Hill is the most expensive neighbourhood in Richmond Hill with an average home price of $3,010,000.

The cheapest neighbourhoods to buy a home in Richmond Hill include Beaver Creek Business Park, Langstaff, Observatory and Harding. Beaver Creek Business Park is the most affordable neighbourhood in Richmond Hill with an average home price of $528,000.

The closest cities to Richmond Hill, ON include Vaughan, Markham, Aurora and Newmarket. Out of the nearby Richmond Hill cities, Aurora has the highest average home price of $1,684,000 and Newmarket has the most affordable average home price of $1,277,000.

The average townhouse in Richmond Hill has an average listing price of $1,018,000, which represents a 4.2% change in price from last year. There are currently 61 townhouses for sale in Richmond Hill, ON.

According to Statistics Canada Census data, the median total household income in Richmond Hill is $87,388 per year, which is above the national median income of $67,000 per year.

In Richmond Hill, ON, fewer people rent their homes than own at 14.2% rent versus 85.8% own. The median monthly rent price is $2,500 per month versus the median monthly mortgage of $4,700 per month.

richmond-hill
The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor Zolo.