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October 12, 2026

Richmond Hill Townhouse Market Report: October 2026

Richmond Hill, Ontario
Photo by Raysonho @ Open Grid Scheduler / Scalable Grid Engine, "DowntownRichmondHill3.jpg", licensed CC0 via Wikimedia Commons

There were 184 townhouses for sale in Richmond Hill on October 12, 2026, with a median asking price of $992,500. This report looks at what is listed, what sellers are asking by type, size and neighbourhood, and how quickly townhouses are moving.

184Townhouses for sale
$993KMedian asking price
31 daysTypical time listed
91New in the last 30 days
$320Median monthly fee

Richmond Hill townhouse prices in October 2026

The median asking price for a townhouse in Richmond Hill is $992,500, so half of the townhouses for sale are listed above it and half below. The middle half of listings are priced between $850K and $1.1M, and the full range runs from $499K to $2M. Using the size ranges in the listings, that works out to a median of about $571 per square foot.

Richmond Hill sits 55% above the median of $639,900 for all 7,963 townhouses for sale on Townhouse Connect. Of the 16 areas in this month's reports, it has the 2nd-highest median asking price.

Asking priceFor saleShare
Under $600K105%
$600K to $800K2715%
$800K to $1M7742%
$1M to $1.25M5228%
$1.25M and up1810%

Prices by type of townhouse

Freehold townhouses are the most common in Richmond Hill right now, with 118 listed at a median of $1.05M. Condo townhouses follow with 37 at a median of $888K. The lowest median is for stacked townhouses, at $650K.

TypeFor saleMedian asking price
Freehold townhouse118$1.05M
Condo townhouse37$888K
Stacked townhouse29$650K

What each size costs

By size, the median asking prices in Richmond Hill are 1 or 2 bedrooms at $670K, 3 bedrooms at $998K and 4 or more bedrooms at $1.15M. The step up from one size to the next is roughly what the extra bedroom costs, which is worth knowing before you decide how much space you need.

SizeFor saleMedian asking price
1 or 2 bedrooms34$670K
3 bedrooms126$998K
4 or more bedrooms24$1.15M

Monthly fees

93 of the townhouses for sale in Richmond Hill carry a monthly fee, and the median is $323 a month. Count the fee as part of the monthly cost of a home, alongside the mortgage and property tax, and check what it covers: it often includes the roof, windows, landscaping and snow clearing.

Where the townhouses are in Richmond Hill

Rural Richmond Hill has the most townhouses for sale (48), followed by Oak Ridges (27) and Jefferson (24). Among the busiest neighbourhoods, Observatory has the lowest median asking price ($695K) and Westbrook the highest ($1.05M).

NeighbourhoodFor saleMedian asking price
Rural Richmond Hill48$899K
Oak Ridges27$999K
Jefferson24$1.01M
Langstaff14$983K
North Richvale12$915K
Westbrook11$1.05M
Observatory10$695K
Oak Ridges Lake Wilcox9$1,000K

How fast townhouses are moving in Richmond Hill

The typical townhouse for sale in Richmond Hill has been listed for 31 days. That is a steady pace. There is time to see a home twice and book an inspection, but the best-priced listings still draw attention in the first week. 91 of today's listings (49%) came on the market in the last 30 days, 33 of them in the last week.

What it means if you are buying or selling

Buyers: Use the tables above to see where your budget goes furthest in Richmond Hill, then browse all 184 townhouses for sale in Richmond Hill. Listings change through the day, so an email alert is the easiest way to see new ones first.

Sellers: These 184 townhouses are your competition. Buyers will compare yours with the ones in the same price band and neighbourhood, so price against what is listed now and what has sold recently. Find out what your townhouse is worth.

  • On a condo townhouse, read the status certificate before you firm up. It shows the reserve fund, upcoming work and any special assessments.
  • End units, garages and finished basements carry a premium. Decide which ones matter to you before you start viewing, so you compare like with like.
  • If your complex has a recent status certificate, have it ready. Condo townhouse buyers almost always make their offer conditional on it.

More October 2026 townhouse market reports

Frequently asked questions

How many townhouses are for sale in Richmond Hill?

On October 12, 2026 there were 184 townhouses for sale in Richmond Hill on Townhouse Connect, 91 of them listed in the last 30 days. The number changes through the day as homes are listed and sold.

What is the median asking price for a townhouse in Richmond Hill?

$992,500 as of October 12, 2026. The middle half of listings are priced between $850K and $1.1M.

How long do townhouses take to sell in Richmond Hill?

The townhouses for sale on October 12, 2026 had been listed for a median of 31 days. Well-priced homes in popular neighbourhoods often go faster than that.

Which Richmond Hill neighbourhood has the most townhouses for sale?

Rural Richmond Hill, with 48 listed at a median asking price of $899K.

Are these sold prices?

No. Every figure in this report is an asking price for a home that is for sale. Sold prices are shown to signed-in members on each listing page, or ask us and we will send you recent sales for the street or complex you are looking at.

How this report is made: every figure comes from the townhouses for sale in Richmond Hill on Townhouse Connect on October 12, 2026, from active MLS® listings. Prices are asking prices, not sold prices. Listings under $100,000 are left out of the price figures. Time listed is the median number of days since each home came on the market.

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