Avg Price
$1,059,307
▼ -7.3% MoM
Homes Sold
12
▼ -42.9% MoM
New Listings
0
Active Listings
1,273
▲ +0.2% MoM
Avg DOM
114
▼ -16.2% MoM
Supply
106.1 mo
▲ +75.4% MoM
Richmond is a coastal city of 209,937 residents (2021 census) built on Lulu Island and Sea Island at the mouth of the Fraser River, 25 minutes south of downtown Vancouver by SkyTrain. The city is home to Vancouver International Airport (YVR), Canada...
Read Full City Guide →The average home price in Richmond is $1,059,307. The median price is $877,000. Prices have decreased by 7.3% compared to last month.
There are currently 1,273 homes for sale in Richmond.
The most popular neighbourhoods in Richmond based on sales activity include East Cambie, Steveston, Broadmoor, East Richmond and Ironwood. Each neighbourhood has its own character with different price ranges and amenities.
Homes in Richmond spend an average of 114 days on market, indicating a slower real estate market.
The median household income in the Richmond area is approximately $61,888 based on census data. About 70% of residents are homeowners.
Based on recent sales in Richmond, median prices are: 1-bedroom homes at $519,000, 2-bedroom homes at $699,000, 3-bedroom homes at $1,088,800, 4-bedroom homes at $1,509,390. Prices vary by neighbourhood and property condition.
Popular neighbourhoods in Richmond include Brighouse (55 listings, avg $804,292), West Cambie (37 listings, avg $1,070,364), Bridgeport (23 listings, avg $1,924,943), Broadmoor (18 listings, avg $1,835,717), East Cambie (18 listings, avg $1,494,471). Bridgeport is the most expensive area with an average price of $1,924,943, while Brighouse offers more affordable options at $804,292 on average.
| City | Distance | Listings | Avg. price |
|---|---|---|---|
| Delta | 3 km | 439 | $1,625,948 |
| New Westminster | 10 km | 437 | $997,569 |
| Burnaby | 13 km | 1304 | $1,293,186 |
| Tsawwassen | 13 km | 72 | $1,121,946 |
| Vancouver | 16 km | 3518 | $1,818,715 |
| White Rock | 18 km | 283 | $1,533,131 |
| Coquitlam | 19 km | 798 | $1,196,680 |
| Port Moody | 20 km | 210 | $1,561,042 |
| Port Coquitlam | 21 km | 271 | $1,038,982 |
| North Vancouver | 22 km | 782 | $1,539,709 |
| City | Distance | Listings | Avg. price |
|---|---|---|---|
| Surrey | 26 km | 3546 | $1,414,251 |
| West Vancouver | 28 km | 337 | $4,066,528 |
| Maple Ridge | 35 km | 720 | $1,318,978 |
| Langley | 38 km | 1224 | $1,581,630 |
| Abbotsford | 50 km | 871 | $1,095,101 |
| Mission | 60 km | 475 | $1,245,097 |
| Nanaimo | 72 km | 768 | $883,129 |
| Chilliwack | 77 km | 772 | $903,475 |
| Saanich | 78 km | 429 | $1,292,845 |
| Victoria | 83 km | 520 | $919,414 |