Vancouver Condos for Sale Under $500K
There are currently 236 condos for sale in Vancouver priced Under $500K. The median asking price is $465,000, averaging $854/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
236
Active Listings
29
Sold (30 days)
12.3%
Sales Ratio
Balanced Market
$465K
Median List Price
$854
Avg $/sqft
37
Avg Days on Market
The condos priced under $500k market in Vancouver is currently a Balanced Market with a 12.3% sales ratio — 29 homes sold against 236 active listings in the past 30 days. The median asking price is $465,000 ($854/sqft). Properties are selling slowly, averaging 37 days on the market.
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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 | 14 | 5 | 36% | |
| $300K–$400K | 49 | 7 | 14% | |
| $400K–$500K | 173 | 16 | 9% | |
| $500K–$600K Most Active | 0 | 1 | 100% |
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 | 46 | 3 | 7% |
| Downtown VW | 39 | 5 | 13% |
| Collingwood VE | 35 | 6 | 17% |
| Marpole | 20 | 1 | 5% |
| Hastings | 15 | 1 | 7% |
| Mount Pleasant VE | 12 | 4 | 33% |
| Yaletown | 9 | 1 | 11% |
| Grandview Woodland | 8 | 0 | 0% |
| Downtown VE | 7 | 1 | 14% |
| Fraser VE | 6 | 0 | 0% |
| Kitsilano | 5 | 1 | 20% |
| South Marine | 4 | 1 | 25% |
| South Vancouver | 3 | 0 | 0% |
| Victoria VE | 3 | 0 | 0% |
| False Creek | 3 | 1 | 33% |
| Fairview VW | 3 | 2 | 67% |
| Killarney VE | 2 | 0 | 0% |
| Knight | 2 | 0 | 0% |
| Strathcona | 2 | 1 | 50% |
| Oakridge VW | 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 236 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 Balanced Market. With a 12.3% sales ratio, supply and demand are roughly balanced — both buyers and sellers have reasonable negotiating positions. 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 $465,000. The average price per sqft is $854. 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 37 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $500k in Vancouver?
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Yes — there are currently 236 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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