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Monthly Market Report

Richmond Hill Home Prices — May 2025

159 homes sold in Richmond Hill in May 2025 at a median price of $1.26M, averaging 98.9% of the asking price and 30 days on market.

Median up +5.0% from April. Down −11.9% year-over-year.

Source: HouseIndex MLS® / VOW · point-in-time sold data for May 2025

$1.26M
Median sold price+5.0%
159
Homes sold+112.0%
$1.39M
Average sold price
98.9%
Avg sale-to-list
30
Avg days on market
$1.64M
Detached median

Changes shown are vs. the prior month (median) and vs. the same month a year earlier (sales).

Richmond Hill sold prices by home type — May 2025

Median sold price by property type for homes that closed in May 2025.

Property typeMedian sold price
Detached$1.64M
Semi-detached$1.32M
Townhouse$1.08M
Condo apartment$589K
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