Richmond Houses for Sale Under $1M
There are currently 8 houses for sale in Richmond priced Under $1M. The median asking price is $398,900, averaging $433/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
Market summary
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 $398,900 ($433/sqft). Properties are selling within a month on average, averaging 15 days on the market.
For Sale
8 listings
Recently Sold
42 sold nearby
↔ Balanced Market
8
Active Listings
1
Sold (30 days)
12.5%
Sales Ratio
Balanced Market
$399K
Median Price
$433
Avg $/sqft
15
Avg Days
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 Neighbourhood — Richmond
| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| Hamilton RI | 4 | 0 | 0% |
| West Cambie | 2 | 0 | 0% |
| South Arm | 1 | 0 | 0% |
| Ironwood | 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 $398,900. The average price per sqft is $433. 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 15 days on market before selling. Buyers have a few weeks to view comparables before making an offer.
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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