Richmond Townhouses for Sale Under $1M
There are currently 160 townhouses for sale in Richmond priced Under $1M. The median asking price is $899,000, averaging $664/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+)
↓ Buyer's Market
160
Active Listings
16
Sold (30 days)
10%
Sales Ratio
Buyer's Market
$899K
Median List Price
$664
Avg $/sqft
28
Avg Days on Market
The townhouses priced under $1m market in Richmond is currently a Buyer's Market with a 10% sales ratio — 16 homes sold against 160 active listings in the past 30 days. The median asking price is $899,000 ($664/sqft). Properties are selling within a month on average, averaging 28 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 | 2 | 0 | 0% | |
| $500K–$600K | 5 | 0 | 0% | |
| $600K–$700K | 13 | 2 | 15% | |
| $700K–$800K | 19 | 2 | 11% | |
| $800K–$900K | 48 | 3 | 6% | |
| $900K–$1M | 73 | 7 | 10% | |
| $1M–$1.25M Most Active | 0 | 2 | 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 | 22 | 2 | 9% |
| Brighouse South | 21 | 2 | 10% |
| Brighouse | 19 | 0 | 0% |
| McLennan North | 15 | 1 | 7% |
| West Cambie | 11 | 1 | 9% |
| East Cambie | 11 | 1 | 9% |
| Saunders | 8 | 0 | 0% |
| Steveston North | 5 | 1 | 20% |
| Bridgeport RI | 5 | 2 | 40% |
| Boyd Park | 5 | 0 | 0% |
| Steveston Village | 5 | 0 | 0% |
| Riverdale RI | 4 | 0 | 0% |
| Broadmoor | 4 | 1 | 25% |
| Granville | 4 | 1 | 25% |
| South Arm | 4 | 1 | 25% |
| McNair | 3 | 0 | 0% |
| Terra Nova | 3 | 0 | 0% |
| Steveston South | 3 | 2 | 67% |
| Quilchena RI | 2 | 0 | 0% |
| Woodwards | 2 | 0 | 0% |
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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 Buyer's Market. With a 10% sales ratio, there are more townhouses available than buyers are purchasing, giving buyers more time and negotiating power. 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 $899,000. The average price per sqft is $664. 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 28 days on market before selling. Buyers have a few weeks to view comparables before making an offer.
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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