Vancouver Condos for Sale Under $500K
There are currently 239 condos for sale in Vancouver priced Under $500K. The median asking price is $465,000, averaging $862/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
239
Active Listings
30
Sold (30 days)
12.6%
Sales Ratio
Balanced Market
$465K
Median List Price
$862
Avg $/sqft
27
Avg Days on Market
The condos priced under $500k market in Vancouver is currently a Balanced Market with a 12.6% sales ratio — 30 homes sold against 239 active listings in the past 30 days. The median asking price is $465,000 ($862/sqft). Properties are selling within a month on average, averaging 27 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 | 49 | 6 | 12% | |
| $400K–$500K Most Active | 175 | 23 | 13% |
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 |
|---|---|---|---|
| Collingwood VE | 42 | 2 | 5% |
| West End VW | 41 | 2 | 5% |
| Downtown VW | 34 | 7 | 21% |
| Marpole | 19 | 2 | 11% |
| Hastings | 11 | 1 | 9% |
| Mount Pleasant VE | 11 | 5 | 45% |
| Grandview Woodland | 11 | 1 | 9% |
| Yaletown | 8 | 0 | 0% |
| Kitsilano | 7 | 1 | 14% |
| Fairview VW | 6 | 0 | 0% |
| Downtown VE | 6 | 1 | 17% |
| South Vancouver | 4 | 0 | 0% |
| South Marine | 4 | 0 | 0% |
| Fraser VE | 3 | 1 | 33% |
| Kerrisdale | 3 | 0 | 0% |
| Point Grey | 3 | 1 | 33% |
| Strathcona | 3 | 1 | 33% |
| Killarney VE | 2 | 0 | 0% |
| Cambie | 2 | 2 | 100% |
| False Creek | 2 | 0 | 0% |
Explore More in Vancouver
Frequently Asked Questions — Vancouver
How many condos priced under $500k are for sale in Vancouver?
▼
There are currently 239 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?
▼
It is currently a Balanced Market. With a 12.6% 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?
▼
The median asking price for condos in Vancouver is $465,000. The average price per sqft is $862. See the full Vancouver Condos market report for monthly trends.
How long do condos take to sell in Vancouver?
▼
Condos in Vancouver are averaging 27 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?
▼
Yes — there are currently 239 condos priced under $500k available in Vancouver. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.
Get Expert Help in Vancouver
Our team has sold 300+ homes in this area. Get a free home valuation or buyer consultation.
Sign Up Free — See Sold Prices