Average Price of Richmond Hill Homes increased in Oct 2025

Average Price of Richmond Hill Homes increased in Oct 2025

Average Price of Richmond Hill Homes increased in Oct 2025

Figures reflect a rolling 30-day window (as of Oct 31, 2025).

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Freehold Attached Market

The average price of freehold attached houses (townhouse & semi) was +1.4% from the previous month, -8.9% from the same month last year. The current month of inventory of Attached houses is about 7.25. This segment is currently in a Buyer's Market. The average selling time for Attached homes is around 28 days. Townhouse or semi-detached home RENTAL monthly average is about $3.32K, MoM +6.2%, YoY -4.6%.

Freehold Detached Market

The average price of detached houses was +7.1% from the previous month, -7.0% from the same month last year. Approximately 66.7% of total freehold units sold in Richmond Hill were Detached houses. If you plan to buy a detached home in Richmond Hill, expect an average price around $1.8M. The current month of inventory of Detached dwellings is around 9.59. On average, Detached homes stay on the market for about 34 days before selling. To rent a Detached home, it will cost about $3.67K, MoM +1.3%, YoY +5.9%. Rental inventory indicates a Balanced Rental Market.

Condo Market

The average price of condos was -3.4% from the previous month, -11.1% from the same month last year. The condo market is currently in a Strong Buyer's Market. It typically takes around 34 days to sell a condo unit. Plan to lease out your investment property? Average monthly rent is about $2.66K, MoM +1.2%, YoY +0.1%. Rental inventory is about 2.02 month, indicating a Landlord's Market.

If you plan to move to Richmond Hill or you want to learn more about real estate investment opportunities in Richmond Hill, please contact Richmond Hill real estate agent Realtor Alan Zheng at 647-877-9311.



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