Vancouver Condos for Sale Under $500K
There are currently 246 condos for sale in Vancouver priced Under $500K. The median asking price is $462,900, averaging $863/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
246
Active Listings
19
Sold (30 days)
7.7%
Sales Ratio
Buyer's Market
$463K
Median List Price
$863
Avg $/sqft
26
Avg Days on Market
The condos priced under $500k market in Vancouver is currently a Buyer's Market with a 7.7% sales ratio — 19 homes sold against 246 active listings in the past 30 days. The median asking price is $462,900 ($863/sqft). Properties are selling within a month on average, averaging 26 days on the market.
Also Explore
Vancouver Apartment With Suite Vancouver Apartment With Basement Vancouver Apartment New Construction 1 Bed Apartment in Vancouver 2 Bed Apartment in Vancouver 3 Bed Apartment in Vancouver 4 Bed Apartment in Vancouver 5 Bed Apartment in VancouverMarket Activity by Price Range — Vancouver
| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K | 15 | 1 | 7% | |
| $300K–$400K | 52 | 0 | 0% | |
| $400K–$500K Most Active | 179 | 18 | 10% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
Market Activity by Neighbourhood — Vancouver
| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| West End VW | 42 | 1 | 2% |
| Collingwood VE | 39 | 2 | 5% |
| Downtown VW | 34 | 6 | 18% |
| Marpole | 19 | 2 | 11% |
| Mount Pleasant VE | 12 | 2 | 17% |
| Grandview Woodland | 11 | 1 | 9% |
| Hastings | 10 | 1 | 10% |
| Yaletown | 8 | 0 | 0% |
| Downtown VE | 7 | 0 | 0% |
| Kitsilano | 7 | 1 | 14% |
| Fraser VE | 4 | 0 | 0% |
| South Marine | 4 | 0 | 0% |
| South Vancouver | 3 | 0 | 0% |
| Cambie | 3 | 1 | 33% |
| Victoria VE | 3 | 0 | 0% |
| Kerrisdale | 3 | 0 | 0% |
| Fairview VW | 3 | 0 | 0% |
| Point Grey | 3 | 0 | 0% |
| Strathcona | 3 | 0 | 0% |
| Killarney VE | 2 | 0 | 0% |
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Frequently Asked Questions — Vancouver
How many condos priced under $500k are for sale in Vancouver?
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There are currently 246 condos priced under $500k listed for sale in Vancouver. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for condos in Vancouver?
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It is currently a Buyer's Market. With a 7.7% sales ratio, there are more condos available than buyers are purchasing, giving buyers more time and negotiating power. See the full Vancouver Condos market report for monthly trends.
What is the median price of condos in Vancouver?
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The median asking price for condos in Vancouver is $462,900. The average price per sqft is $863. See the full Vancouver Condos market report for monthly trends.
How long do condos take to sell in Vancouver?
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Condos in Vancouver are averaging 26 days on market before selling. Buyers have a few weeks to view comparables before making an offer.
Are there good condos priced under $500k in Vancouver?
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Yes — there are currently 246 condos priced under $500k available in Vancouver. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.
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