Burnaby Condos for Sale Under $500K
There are currently 153 condos for sale in Burnaby priced Under $500K. The median asking price is $458,888, averaging $683/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
↓ Buyer's Market
153
Active Listings
18
Sold (30 days)
11.8%
Sales Ratio
Buyer's Market
$459K
Median Price
$683
Avg $/sqft
36
Avg Days
Market summary
The condos priced under $500k market in Burnaby is currently a Buyer's Market with a 11.8% sales ratio — 18 homes sold against 153 active listings in the past 30 days. The median asking price is $458,888 ($683/sqft). Properties are selling slowly, averaging 36 days on the market.
For Sale
47 listings
Recently Sold
3 sold nearby
Also Explore
Burnaby Condos New Construction 1 Bed Condos in Burnaby 2 Bed Condos in Burnaby 3 Bed Condos in Burnaby 4 Bed Condos in Burnaby 5 Bed Condos in BurnabyMarket Activity by Neighbourhood — Burnaby
| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| Metrotown | 36 | 4 | 11% |
| Simon Fraser Univer. | 24 | 0 | 0% |
| Brentwood Park | 19 | 5 | 26% |
| Cariboo | 11 | 2 | 18% |
| Government Road | 11 | 1 | 9% |
| Sullivan Heights | 10 | 2 | 20% |
| Highgate | 9 | 0 | 0% |
| Forest Glen BS | 8 | 0 | 0% |
| Capitol Hill BN | 6 | 1 | 17% |
| South Slope | 4 | 0 | 0% |
| Central Park BS | 4 | 1 | 25% |
| Central BN | 3 | 0 | 0% |
| Simon Fraser Hills | 3 | 0 | 0% |
| Edmonds BE | 2 | 1 | 50% |
| East Burnaby | 1 | 0 | 0% |
| Willingdon Heights | 1 | 0 | 0% |
| Oaklands | 1 | 0 | 0% |
Explore More in Burnaby
Market Reports
Frequently Asked Questions — Burnaby
How many condos priced under $500k are for sale in Burnaby?
▼
There are currently 153 condos priced under $500k listed for sale in Burnaby. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for condos in Burnaby?
▼
It is currently a Buyer's Market. With a 11.8% sales ratio, there are more condos available than buyers are purchasing, giving buyers more time and negotiating power. See the full Burnaby Condos market report for monthly trends.
What is the median price of condos in Burnaby?
▼
The median asking price for condos in Burnaby is $458,888. The average price per sqft is $683. See the full Burnaby Condos market report for monthly trends.
How long do condos take to sell in Burnaby?
▼
Condos in Burnaby are averaging 36 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $500k in Burnaby?
▼
Yes — there are currently 153 condos priced under $500k available in Burnaby. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.
Get Expert Help in Burnaby
Our team has sold 300+ homes in this area. Get a free home valuation or buyer consultation.
Sign Up Free — See Sold Prices