Vancouver Condos for Sale Under $500K
There are currently 257 condos for sale in Vancouver priced Under $500K. The median asking price is $459,900, averaging $817/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
↔ Balanced Market
257
Active Listings
31
Sold (30 days)
12.1%
Sales Ratio
Balanced Market
$460K
Median Price
$817
Avg $/sqft
30
Avg Days
Market summary
The condos priced under $500k market in Vancouver is currently a Balanced Market with a 12.1% sales ratio — 31 homes sold against 257 active listings in the past 30 days. The median asking price is $459,900 ($817/sqft). Properties are selling within a month on average, averaging 30 days on the market.
For Sale
48 listings
Recently Sold
2 sold nearby
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K | 20 | 3 | 15% | |
| $300K–$400K Most Active | 56 | 9 | 16% | |
| $400K–$500K | 181 | 19 | 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 | 47 | 5 | 11% |
| Downtown VW | 37 | 5 | 14% |
| Collingwood VE | 30 | 4 | 13% |
| Mount Pleasant VE | 25 | 4 | 16% |
| Marpole | 20 | 2 | 10% |
| Hastings | 12 | 3 | 25% |
| Grandview Woodland | 12 | 1 | 8% |
| Downtown VE | 10 | 1 | 10% |
| Yaletown | 9 | 1 | 11% |
| South Marine | 8 | 1 | 13% |
| Fraser VE | 6 | 2 | 33% |
| False Creek | 5 | 0 | 0% |
| Fairview VW | 5 | 1 | 20% |
| Killarney VE | 4 | 0 | 0% |
| South Vancouver | 4 | 0 | 0% |
| Kerrisdale | 3 | 0 | 0% |
| Point Grey | 3 | 0 | 0% |
| Renfrew VE | 3 | 0 | 0% |
| Kitsilano | 3 | 1 | 33% |
| Strathcona | 3 | 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 257 condos priced under $500k listed for sale in Vancouver. Listings are updated daily from the MLS® database.
How many condos have sold in Vancouver in the past year?
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In the past 12 months, 398 condos have sold in Vancouver, averaging about 30 days on market. Full sold prices and sold history are available to registered members — free to sign up. See the full Vancouver Condos market report for monthly trends.
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 12.1% 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 $459,900. The average price per sqft is $817. 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 30 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 257 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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