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City in Ontario

Homes for sale in Richmond Hill

Name: HOMEH Market Pulse — Richmond Hill closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

Browse all Richmond Hill real estate listings in one place: 1,016 homes for sale in Richmond Hill, ON, from $340,000 to $20,000,000, with a median asking price of $1,250,000. Most are detached houses and condo apartments; 12 were listed in the last 24 hours.

family-friendly suburban community-oriented

202,022 people lived in Richmond Hill at the 2021 Census, in 69,275 households. 78% of households owned their home and 22% rented. The most common homes were single-detached houses (57%) and apartments in buildings of five or more storeys (19%). 15% of homes were built before 1981, and 18% since 2011. 87% of commuters went to work by car and 8% by public transit.

Population of 202,022

Richmond Hill, Ontario

Richmond Hill MLS® Listings

Day to dayLivability

Walkability

out of 100 · averaged over 206,640 past and present listings

Average walk score reported on listings here

7.7

Schools near listings

out of 10 · averaged over 206,640 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$1,250,000

74% above Ontario

In Richmond Hill

$1,250,000

In Ontario

$716,900

Median monthly rent

$2,450/mo

2% below Ontario

In Richmond Hill

$2,450

In Ontario

$2,499

$787

Per square foot

≈ 42.5 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

1,016

Median $1,250,000

Houses 714 · Condos 302

For rent

500

Median $2,450

Houses 374 · Condos 126

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Good schools with a score of 7.7
Access to multiple parks and recreational areas
Variety of dining options available
Strong community feel with diverse population

Keep in mind

Housing prices are above the provincial median
Limited public transit options

The feel of the placeLifestyle

Daily life in Richmond Hill includes access to parks and schools. Residents enjoy a suburban feel with local amenities.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

101.4 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

213

Parks

248

Playgrounds

Transit stations

Grocery stores

193

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 101.4 km² of Richmond Hill. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

7.6/10

Average rating of the 43 rated schools in this area

106

Elementary

Secondary

St Theresa of Lisieux Catholic High School
Catholic · Grades 9–12 · York CDSB
10.0/109.4 over 5 yrs
1st of 742 Ontario secondary schools
1,590 students · EQAO 2024-2025
Silver Stream Public School
Public · Grades JK–8 · York Region DSB
9.5/109.6 over 5 yrs
42nd of 3,045 Ontario elementary schools
620 students · EQAO 2024-2025
St John Paul II Catholic Elementary School
Catholic · Grades JK–8 · York CDSB
9.4/108.2 over 5 yrs
48th of 3,045 Ontario elementary schools
245 students · EQAO 2024-2025
Bayview Secondary School
Public · Grades 9–12 · York Region DSB
9.2/109.0 over 5 yrs
12th of 742 Ontario secondary schools
1,940 students · EQAO 2024-2025
Doncrest Public School
Public · Grades JK–8 · York Region DSB
9.2/107.9 over 5 yrs
68th of 3,045 Ontario elementary schools
685 students · EQAO 2024-2025
St Charles Garnier Catholic Elementary School
Catholic · Grades JK–8 · York CDSB
8.9/108.8 over 5 yrs
108th of 3,045 Ontario elementary schools
525 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Richmond Hill, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

202,022

Population (2021)

100.8 km²

Area

2,004

People per km²

44.4

Median age

$112,807

Median income

78%

Own their home

People per household

69,275

Households

Every age

Children (under 15)14.8%
Working age (15–64)68.0%
Seniors (65+)17.2%

What is built here

Detached houses56.7%
Semi-detached3.9%
Townhouses15.1%
Duplexes3.1%
Low-rise apartments2.4%
High-rise apartments18.7%

Own or rent

78%Owners

22%Renters

Across 69,275 households

When it was built

Mostly 1991–2000

1960 or earlier5%
1961–198010%
1981–199018%
1991–200023%
2001–200515%
2006–201011%
2011–20159%
2016–20219%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

58.1%
Born outside Canada: 44.7%
Hold a degree or higher: 54.6%
Employment rate: 7.6%
Commute by transit: 86.8%
Commute by car: 1.7
Children per family: $97,300
Median income after tax: $139,691
Average household income: 11.8%
Living on a low income: $2,300/mo
Renters pay, per month: $2,059/mo
Owners pay, per month: $1,287,342
Median home value at census: 47.5%
Renters spending 30%+ of income on housing: 32.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 209 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Through September 2026 Deep sales history

What Homes in Richmond Hill Actually Sell For

1,992 homes changed hands in Richmond Hill over the 12 months to September 2026. Half sold above $1,118,097 and half below, 10.1% lower than the 12 months before. A typical home found its buyer in 29 days — 2 days slower than a year ago.

Median sold price: $1.12M; -10.1% year over year
Days to sell: 29; 2 days slower
Sales closed: 1,992; last 12 months
Per square foot: $603; from 1,974 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

$1.98M$1.50M$1.02M$541K

Oct ’23Oct ’24Sep ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$967,400

on a $1,000,000 asking price — under ask by $32,600

−10%Asking price+10%

Of the asking price: 96.7%
Sold over asking: 23%

From 1,992 sales that closed here in the last 12 months.

Rent or buy in Richmond Hill

32.1 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$1,118,097

1,992 sales

Median rent

$2,904/mo

3,344 leases

Gross rental yield

3.12%

before costs

Both figures come from deals that actually closed in Richmond Hill over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually trades in Richmond Hill

A single median hides this: the mix of homes behind it, and what each kind costs.

1,992sales

Detached$1.50M46.6%
Condo apartment$540K20.1%
Freehold town$1.05M19.0%
Condo town$701K6.9%
Semi-detached$1.06M4.0%
Link home$1.03M0.5%
Other kinds, too few of each —2.9%

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Richmond Hill, sales

Monthly closed sales in Richmond Hill
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	173	$1,073,000	$730K – $1.44M	28	96.8%
Aug 2026	159	$1,067,000	$804K – $1.46M	29	96.8%
Jul 2026	187	$1,150,000	$800K – $1.51M	32	96.8%
Jun 2026	235	$1,092,888	$686K – $1.50M	25	96.7%
May 2026	226	$1,157,500	$841K – $1.43M	24	96.9%
Apr 2026	183	$1,061,800	$659K – $1.41M	26	96.9%
Mar 2026	158	$1,119,500	$706K – $1.47M	22	96.9%
Feb 2026	119	$1,100,000	$694K – $1.47M	25	96.6%
Jan 2026	98	$1,165,000	$895K – $1.52M	45	95.6%
Dec 2025	115	$1,100,000	$721K – $1.53M	43	96.3%
Nov 2025	162	$1,100,000	$800K – $1.46M	28	97.0%
Oct 2025	177	$1,229,000	$900K – $1.59M	29	97.0%
Sep 2025	187	$1,188,000	$867K – $1.58M	27	96.8%
Aug 2025	176	$1,162,500	$831K – $1.50M	34	96.7%
Jul 2025	204	$1,215,278	$831K – $1.64M	26	97.0%
Jun 2025	175	$1,205,000	$785K – $1.60M	26	96.7%
May 2025	154	$1,268,750	$933K – $1.63M	27	97.2%
Apr 2025	160	$1,207,500	$816K – $1.54M	22	97.7%
Mar 2025	146	$1,187,000	$728K – $1.52M	19	97.9%
Feb 2025	128	$1,210,600	$733K – $1.78M	19	98.1%
Jan 2025	115	$1,285,000	$843K – $1.57M	38	98.5%
Dec 2024	168	$1,260,000	$779K – $1.60M	34	97.4%
Nov 2024	177	$1,270,000	$975K – $1.74M	22	98.0%
Oct 2024	219	$1,420,000	$1.03M – $1.80M	25	97.6%
Sep 2024	158	$1,250,000	$816K – $1.75M	27	97.2%
Aug 2024	161	$1,250,000	$769K – $1.69M	26	97.9%
Jul 2024	158	$1,295,000	$928K – $1.67M	24	97.9%
Jun 2024	160	$1,394,000	$784K – $1.79M	19	98.9%
May 2024	206	$1,317,500	$885K – $1.88M	16	98.6%
Apr 2024	220	$1,340,750	$838K – $1.75M	15	99.9%
Mar 2024	199	$1,388,000	$924K – $1.73M	12	100.0%
Feb 2024	177	$1,350,000	$845K – $1.77M	15	100.0%
Jan 2024	136	$1,129,500	$640K – $1.49M	24	100.0%
Dec 2023	106	$1,289,000	$935K – $1.64M	31	100.0%
Nov 2023	129	$1,278,000	$935K – $1.70M	18	100.0%
Oct 2023	164	$1,239,400	$788K – $1.73M	17	100.0%

What people ask about Richmond Hill

How much does a home cost in Richmond Hill?

Homes in Richmond Hill sold for a median of $1,118,097 over the 12 months to September 2026, across 1,992 closed sales — half sold for more and half for less. That is 10.1% lower than the 12 months before it.

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

A home in Richmond Hill took a median of 29 days on the market over the 12 months to September 2026. Homes there closed at 96.7% of the asking price on average, with 23.0% selling over asking.

How much is rent in Richmond Hill?

The median lease in Richmond Hill closed at $2,904 a month over the 12 months to September 2026, across 3,344 leases.

Is it cheaper to rent or buy in Richmond Hill?

A home in Richmond Hill costs about 32.1 years of the rent on one — the median price of $1,118,097 against a median rent of $2,904 a month, a gross yield of 3.12%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in Richmond Hill?

Over the 12 months to September 2026 the mix in Richmond Hill was detached (46.6% of sales, median $1,504,666), condo apartment (20.1% of sales, median $539,957) and freehold town (19.0% of sales, median $1,052,230).

Compiled by HOMEH from sales reported closed in Richmond Hill on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Questions, answered

Common questions about homes for sale in Richmond Hill

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

1,016 homes are for sale in Richmond Hill on MLS® right now, and 12 were listed in the last 24 hours. The busiest neighbourhood is Langstaff, with 113 homes for sale.

Homes for sale in Langstaff

What is the average house price in Richmond Hill?

The median asking price of the 1,016 homes for sale in Richmond Hill is $1,250,000: half are listed above it and half below. By type, the median is $1,888,888 for detached houses, $578,444 for condo apartments and $1,057,900 for freehold townhouses.

Houses for sale in Richmond Hill

Where can I find cheap houses for sale in Richmond Hill?

259 homes in Richmond Hill are listed under $800K and 386 under $1M. The lowest asking price today is $340,000.

Homes under $800K in Richmond Hill

Are there new homes for sale in Richmond Hill?

Yes. 144 of the 1,016 homes for sale in Richmond Hill are new construction.

New construction homes in Richmond Hill

How do I get a Cashback Rebate when I buy a home in Richmond Hill?

Buy through HOMEH and you get a Cashback Rebate of 1.5% of the purchase price, paid at closing, subject to eligibility and your buyer agreement. On Richmond Hill’s median asking price of $1,250,000, that would be $18,750.

How the Cashback Rebate works

Keep looking

More Houses to Buy in Richmond Hill

1,016 homes are for sale in Richmond Hill. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.

At a glance