Vancouver Condos for Sale Under $500K
There are currently 250 condos for sale in Vancouver priced Under $500K. The median asking price is $459,450, averaging $824/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
Market summary
The condos priced under $500k market in Vancouver is currently a Buyer's Market with a 8.4% sales ratio — 21 homes sold against 250 active listings in the past 30 days. The median asking price is $459,450 ($824/sqft). Properties are selling slowly, averaging 49 days on the market.
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↓ Buyer's Market
250
Active Listings
21
Sold (30 days)
8.4%
Sales Ratio
Buyer's Market
$459K
Median Price
$824
Avg $/sqft
49
Avg Days
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $300K Most Active | 20 | 3 | 15% | |
| $300K–$400K | 55 | 1 | 2% | |
| $400K–$500K | 175 | 17 | 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 | 48 | 4 | 8% |
| Downtown VW | 38 | 5 | 13% |
| Collingwood VE | 37 | 2 | 5% |
| Marpole | 22 | 1 | 5% |
| Mount Pleasant VE | 14 | 2 | 14% |
| Hastings | 12 | 1 | 8% |
| Grandview Woodland | 11 | 0 | 0% |
| Yaletown | 10 | 1 | 10% |
| South Marine | 8 | 1 | 13% |
| Downtown VE | 6 | 0 | 0% |
| Fraser VE | 6 | 0 | 0% |
| False Creek | 5 | 0 | 0% |
| Kitsilano | 5 | 2 | 40% |
| South Vancouver | 5 | 0 | 0% |
| Fairview VW | 4 | 0 | 0% |
| Killarney VE | 3 | 0 | 0% |
| Kerrisdale | 3 | 0 | 0% |
| Strathcona | 2 | 1 | 50% |
| Renfrew VE | 2 | 0 | 0% |
| Cambie | 1 | 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 250 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 8.4% 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 $459,450. The average price per sqft is $824. 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 49 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 250 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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