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City in Ontario

Townhouses for sale in Richmond Hill

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

There are 186 townhouses for sale in Richmond Hill today, with a median asking price of $999,000 (-21% vs. all homes in Richmond Hill). 122 are freehold townhouses, 64 are condo townhouses and 69 are new townhouses. The most active neighbourhoods are Rural Richmond Hill, Jefferson and Oak Ridges.

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 Townhomes for Sale

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

$1,257,000

75% above Ontario

In Richmond Hill

$1,257,000

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

≈ 42.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

1,009

Median $1,257,000

Houses 711 · Condos 298

For rent

496

Median $2,450

Houses 374 · Condos 122

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 Townhouses only Through September 2026 Deep sales history

What Townhouses in Richmond Hill Sell For

517 townhouses changed hands in Richmond Hill over the 12 months to September 2026. Half sold above $958,434 and half below, 12.9% lower than the 12 months before. A typical townhouse found its buyer in 28 days — 4 days slower than a year ago.

Median sold price: $958K; -12.9% year over year
Days to sell: 28; 4 days slower
Sales closed: 517; last 12 months
Per square foot: $562; from 516 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 townhouse here differs from the next.

$1.46M$1.15M$839K$528K

Feb ’24Dec ’24Nov ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$982,100

on a $1,000,000 asking price — under ask by $17,900

−10%Asking price+10%

Of the asking price: 98.2%
Sold over asking: 30%

From 517 sales that closed here in the last 12 months.

Rent or buy in Richmond Hill

24.5 years

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

Median sold price

$958,434

517 sales

Median rent

$3,259/mo

944 leases

Gross rental yield

4.08%

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 townhouses behind it, and what each kind costs.

517sales

Freehold town$1.05M73.3%
Condo town$701K26.7%

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	46	$915,652	$630K – $1.18M	28	98.5%
Aug 2026	46	$964,348	$665K – $1.07M	31	97.7%
Jul 2026	36	$925,646	$642K – $1.14M	35	98.6%
Jun 2026	57	$904,895	$630K – $1.09M	23	99.0%
May 2026	62	$979,498	$593K – $1.18M	23	98.9%
Apr 2026	57	$917,750	$627K – $1.14M	29	98.5%
Mar 2026	36	$958,042	$620K – $1.11M	20	96.1%
Feb 2026	30	$1,003,967	$659K – $1.13M	23	97.5%
Jan 2026	28	$996,743	$628K – $1.17M	42	97.7%
Dec 2025	34	$968,409	$680K – $1.14M	38	97.5%
Nov 2025	35	$1,065,000	$983K – $1.14M	22	99.5%
Oct 2025	50	$967,380	$730K – $1.22M	29	98.0%
Sep 2025	42	$1,040,714	$714K – $1.20M	29	97.0%
Aug 2025	47	$1,056,468	$759K – $1.20M	24	97.6%
Jul 2025	44	$1,068,318	$749K – $1.20M	37	98.1%
Jun 2025	33	$1,073,939	$698K – $1.26M	22	97.0%
May 2025	34	$1,140,059	$735K – $1.28M	20	103.1%
Apr 2025	47	$1,087,574	$787K – $1.28M	23	98.3%
Mar 2025	44	$1,131,023	$800K – $1.28M	18	97.9%
Feb 2025	25	$1,091,200	$749K – $1.28M	24	98.8%
Jan 2025	29	$1,054,586	$745K – $1.30M	25	99.6%
Dec 2024	43	$1,129,651	$825K – $1.29M	22	98.6%
Nov 2024	47	$1,128,966	$765K – $1.29M	20	98.8%
Oct 2024	44	$1,182,773	$735K – $1.35M	21	98.9%
Sep 2024	32	$1,116,949	$770K – $1.26M	32	97.6%
Aug 2024	46	$1,144,457	$741K – $1.30M	18	99.0%
Jul 2024	45	$1,158,222	$850K – $1.31M	24	98.8%
Jun 2024	32	$1,162,656	$774K – $1.39M	17	103.2%
May 2024	49	$1,144,843	$835K – $1.39M	16	102.8%
Apr 2024	48	$1,192,696	$818K – $1.38M	11	105.0%
Mar 2024	39	$1,263,590	$900K – $1.40M	14	110.1%
Feb 2024	28	$1,138,500	$844K – $1.38M	11	102.0%

What people ask about Richmond Hill

How much does a townhouse cost in Richmond Hill?

Townhouses in Richmond Hill sold for a median of $958,434 over the 12 months to September 2026, across 517 closed sales — half sold for more and half for less. That is 12.9% lower than the 12 months before it.

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

A townhouse in Richmond Hill took a median of 28 days on the market over the 12 months to September 2026. Townhouses there closed at 98.2% of the asking price on average, with 30.0% selling over asking.

How much is rent for a townhouse in Richmond Hill?

The median townhouse lease in Richmond Hill closed at $3,259 a month over the 12 months to September 2026, across 944 leases.

Is it cheaper to rent or buy a townhouse in Richmond Hill?

A townhouse in Richmond Hill costs about 24.5 years of the rent on one — the median price of $958,434 against a median rent of $3,259 a month, a gross yield of 4.08%. The shorter that number, the closer buying is to renting before financing costs.

What kind of townhouses sell in Richmond Hill?

Over the 12 months to September 2026 the mix in Richmond Hill was freehold town (73.3% of sales, median $1,052,230) and condo town (26.7% of sales, median $700,832).

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 townhouse. Not an appraisal or an opinion of value.

Questions, answered

Common questions about townhouses for sale in Richmond Hill

How much is a townhouse in Richmond Hill?

The median asking price of the 186 townhouses for sale in Richmond Hill is $999,000, from $499,000 to $1,999,000. By type, the median is $1,054,395 for freehold townhouses and $804,000 for condo townhouses.

All homes for sale in Richmond Hill

Are there new townhomes for sale in Richmond Hill?

Yes. 69 of the 186 townhouses for sale in Richmond Hill are new construction.

New construction homes in Richmond Hill

Keep looking

More Homes for Sale in Richmond Hill

1,009 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