Richmond Houses for Sale Under $1M
There are currently 8 houses for sale in Richmond priced Under $1M. The median asking price is $478,000, averaging $413/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
All
With Suite
With Basement
New Construction
1 Bed
2 Bed
3 Bed
4 Bed
5 Bed
Under $500K
Under $800K
Under $1M
$1M–$2M
Over $2M
$2M–$3M
Luxury ($3M+)
↔ Balanced Market
8
Active Listings
1
Sold (30 days)
12.5%
Sales Ratio
Balanced Market
$478K
Median List Price
$413
Avg $/sqft
149
Avg Days on Market
The houses priced under $1m market in Richmond is currently a Balanced Market with a 12.5% sales ratio — 1 homes sold against 8 active listings in the past 30 days. The median asking price is $478,000 ($413/sqft). Properties are selling slowly, averaging 149 days on the market.
Also Explore
Richmond House With Suite Richmond House With Basement Richmond House New Construction 1 Bed House in Richmond 2 Bed House in Richmond 3 Bed House in Richmond 4 Bed House in Richmond 5 Bed House in RichmondMarket Activity by Price Range — Richmond
| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $600K Most Active | 6 | 1 | 17% | |
| $600K–$800K | 1 | 0 | 0% | |
| $800K–$1M | 1 | 0 | 0% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
Market Activity by Neighbourhood — Richmond
| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| West Cambie | 3 | 0 | 0% |
| Hamilton RI | 3 | 1 | 33% |
| East Richmond | 1 | 0 | 0% |
| South Arm | 1 | 0 | 0% |
Explore More in Richmond
Market Reports
Frequently Asked Questions — Richmond
How many houses priced under $1m are for sale in Richmond?
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There are currently 8 houses priced under $1m listed for sale in Richmond. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for houses in Richmond?
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It is currently a Balanced Market. With a 12.5% sales ratio, supply and demand are roughly balanced — both buyers and sellers have reasonable negotiating positions. See the full Richmond Houses market report for monthly trends.
What is the median price of houses in Richmond?
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The median asking price for houses in Richmond is $478,000. The average price per sqft is $413. See the full Richmond Houses market report for monthly trends.
How long do houses take to sell in Richmond?
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Houses in Richmond are averaging 149 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good houses priced under $1m in Richmond?
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Yes — there are currently 8 houses priced under $1m available in Richmond. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.
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