York · City guide
Richmond Hill
RE/MAX Your Community Realty's home base — premium school catchments and a $1.12M aggregate median.
Market data as of February 2026 · Royal LePage / TRREB, February 2026 · RE/MAX, January 2026
Price snapshot
Median (aggregate)
$1.12M
Detached (median)
~$1.53M
1-bedroom condo
~$500K
Source: Royal LePage / TRREB, February 2026 · RE/MAX, January 2026. Figures shown as published — not rounded. Refreshed quarterly; this snapshot is dated February 2026.
Property-type spread
Richmond Hill's aggregate median is $1.12M, with detached homes around $1.53M (median) and one-bedroom condos near $500K. GTA-wide benchmarks for context: $1.36M detached and $639K condo (TRREB, May 2026).
GTA benchmark · context
- GTA average
- $1,069,700−4.6% YoY
- Detached
- $1.36M
- Semi-detached
- $1.07M
- Freehold town
- $916K
- Condo
- $639K
TRREB Market Watch, May 2026. GTA-wide context — not Richmond Hill figures.
The 2026 market
- The Bank of Canada has held its policy rate at 2.25% — its fourth consecutive hold.
- Prices are down year-over-year, but spring sales are recovering.
- Buyers have leverage right now — many are negotiating below list.
- Condos are under the most price pressure of any segment.
An honest read of the market — not a “prices are soaring, buy now” pitch. The job is to price and negotiate to where the market actually is.
Sources: Bank of Canada (2026) · TRREB Market Watch (2026)
The insider read
✎ TODO · Alex
Add one specific thing a non-local wouldn't know about Richmond Hill — a pocket, a street, a school-boundary quirk. The detail that proves first-hand knowledge.
Who Richmond Hill is for
✎ TODO · Alex
Who thrives in Richmond Hill — the buyer profile this market actually fits.
Who it's not for
✎ TODO · Alex
Be honest about who should look elsewhere — the trade-offs Richmond Hill asks for.
Richmond Hill — questions buyers ask
- What is the median home price in Richmond Hill in 2026?
- The aggregate median is about $1.12M (Royal LePage / TRREB, February 2026; RE/MAX, January 2026).
- How much is a detached home or a condo in Richmond Hill?
- A detached home runs around $1.53M (median), and a one-bedroom condo sits near $500K (Royal LePage / TRREB, February 2026; RE/MAX, January 2026).
- Is it a buyer's or a seller's market in Richmond Hill right now?
- Buyers have leverage. Prices are down year-over-year and many buyers are negotiating below list, with condos under the most pressure. The Bank of Canada has held its rate at 2.25% (a fourth consecutive hold) and spring sales are recovering (Bank of Canada, 2026; TRREB, 2026).
Thinking about Richmond Hill? Better call Goodman.
I'll pull the comps for your exact street and come back with a plan — one to two business days.