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.
↓ Buyer's Market
257
Active Listings
30
Sold (30 days)
11.7%
Sales Ratio
Buyer's Market
$460K
Median Price
$817
Avg $/sqft
30
Avg Days
Market summary
The condos priced under $500k market in Vancouver is currently a Buyer's Market with a 11.7% sales ratio — 30 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 Most Active | 20 | 3 | 15% | |
| $300K–$400K | 56 | 8 | 14% | |
| $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 | 2 | 17% |
| Grandview Woodland | 12 | 1 | 8% |
| Downtown VE | 10 | 1 | 10% |
| Yaletown | 9 | 1 | 11% |
| South Marine | 8 | 1 | 13% |
| Fraser VE | 6 | 2 | 33% |
| Fairview VW | 5 | 1 | 20% |
| False Creek | 5 | 0 | 0% |
| 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% |
Explore More in Vancouver
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 Buyer's Market. With a 11.7% 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 $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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