Richmond Townhouses for Sale Under $1M
There are currently 160 townhouses for sale in Richmond priced Under $1M. The median asking price is $898,000, averaging $665/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
160
Active Listings
20
Sold (30 days)
12.5%
Sales Ratio
Balanced Market
$898K
Median List Price
$665
Avg $/sqft
38
Avg Days on Market
The townhouses priced under $1m market in Richmond is currently a Balanced Market with a 12.5% sales ratio — 20 homes sold against 160 active listings in the past 30 days. The median asking price is $898,000 ($665/sqft). Properties are selling slowly, averaging 38 days on the market.
Also Explore
Richmond Townhouses With Suite Richmond Townhouses With Basement Richmond Townhouses New Construction 1 Bed Townhouses in Richmond 2 Bed Townhouses in Richmond 3 Bed Townhouses in Richmond 4 Bed Townhouses in Richmond 5 Bed Townhouses in RichmondMarket Activity by Price Range — Richmond
| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| $400K–$500K | 1 | 0 | 0% | |
| $500K–$600K | 10 | 0 | 0% | |
| $600K–$700K | 14 | 0 | 0% | |
| $700K–$800K | 23 | 5 | 22% | |
| $800K–$900K | 49 | 7 | 14% | |
| $900K–$1M | 63 | 7 | 11% | |
| $1M–$1.25M Most Active | 0 | 1 | 100% |
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 |
|---|---|---|---|
| Hamilton RI | 26 | 2 | 8% |
| Brighouse | 20 | 1 | 5% |
| Brighouse South | 15 | 1 | 7% |
| West Cambie | 10 | 2 | 20% |
| McLennan North | 9 | 5 | 56% |
| East Cambie | 8 | 2 | 25% |
| Steveston Village | 6 | 0 | 0% |
| Saunders | 6 | 1 | 17% |
| Steveston North | 5 | 0 | 0% |
| Steveston South | 5 | 0 | 0% |
| Boyd Park | 5 | 0 | 0% |
| Granville | 5 | 1 | 20% |
| Broadmoor | 5 | 1 | 20% |
| Ironwood | 4 | 0 | 0% |
| Riverdale RI | 3 | 0 | 0% |
| Terra Nova | 3 | 0 | 0% |
| Bridgeport RI | 2 | 1 | 50% |
| McNair | 2 | 0 | 0% |
| Woodwards | 2 | 0 | 0% |
| South Arm | 2 | 1 | 50% |
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Frequently Asked Questions — Richmond
How many townhouses priced under $1m are for sale in Richmond?
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There are currently 160 townhouses 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 townhouses 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 Townhouses market report for monthly trends.
What is the median price of townhouses in Richmond?
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The median asking price for townhouses in Richmond is $898,000. The average price per sqft is $665. See the full Richmond Townhouses market report for monthly trends.
How long do townhouses take to sell in Richmond?
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Townhouses in Richmond are averaging 38 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good townhouses priced under $1m in Richmond?
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Yes — there are currently 160 townhouses 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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