
Top-ranked York Region family destination
Richmond Hill has transformed over the past two decades from a quiet bedroom community into one of York Region's most desirable cities. The city has one of the highest concentrations of Chinese-Canadian residents in North America, creating a world-class food scene along Highway 7, with authentic Cantonese dim sum, Sichuan restaurants, and Asian supermarkets rivaling anything in Hong Kong.
The housing stock ranges from 1980s bungalows in older Oak Ridges to newer luxury detached homes in Jefferson Forest and Elgin Mills. Bayview Avenue is the prestige corridor — large lots, high-end finishes, and proximity to Bayview Hill Elementary (consistently top-ranked). The Yonge Street subway extension (Langstaff/Bridge station) is now under construction, promising to fundamentally improve transit access to the area.
There are 999 homes for sale in Richmond Hill today, with a median asking price of $1.09M. Most are asking between $500K and $2.3M, so the range a buyer actually shops here is about $1.8M wide.
The most common thing on the market is detached houses, at 40 of the 999 listings, asking a median of $1.67M. Richmond Hill also has 28 condo apartments, 21 townhouses, 5 condo townhouses, 3 vacant lots available, which is worth knowing before you fix on one type.
On the rental side there are 486 places available in Richmond Hill, with a median asking rent of $2,750 a month. Against a $1.09M median asking price, that is the comparison worth running before deciding whether to buy here or rent first.
Figures are taken from active TRREB listings and were last updated 2026-10-27.
| Property type | For sale | Median asking |
|---|---|---|
| Detached | 40 | $1.67M |
| Condo Apartment | 28 | $584K |
| Att/Row/Townhouse | 21 | $1M |
| Condo Townhouse | 5 | $725K |
| Vacant Land | 3 | $1.3M |
More Richmond Hill guides: Langstaff, Oak Ridges, North Richvale and South Richvale.