Richmond Hill sits along Yonge Street in York Region, between Vaughan and Markham's Aurora border, and is known for established family neighbourhoods, Lake Wilcox, and a growing condo market along Highway 7. Richmond Hill has roughly 1,836 active MLS® listings on Condohill as of September 2026.
How Much Does a Home Cost in Richmond Hill Right Now?
| Property type | Typical low end | Median price | Typical high end |
|---|---|---|---|
| Condo apartment | $449,600 | $599,900 | $899,000 |
| Detached house | $1,219,640 | $1,799,000 | $3,791,700 |
Richmond Hill's detached median sits between Vaughan's (around $1.74M) and Markham's (around $1.6M) — consistent with its position geographically between the two, and its reputation as a well-established, comparably desirable York Region alternative to both.
Richmond Hill's Neighbourhoods, by Buyer Type
Bayview Hill
One of Richmond Hill's most established premium neighbourhoods, known for large detached homes on generous lots and a strong local school reputation.
Oak Ridges / Lake Wilcox
A more recently developed area around Lake Wilcox, offering newer subdivisions and direct lake access at generally more moderate pricing than Bayview Hill.
Richmond Hill's Highway 7 Corridor
Home to most of the city's condo development, close to Viva bus rapid transit and reasonably close to Vaughan Metropolitan Centre's subway station via a bus connection.
Getting Around: GO Transit and Yonge Street
Richmond Hill is served by GO Transit's Richmond Hill line, with Richmond Hill GO station offering direct rail service toward Union Station, alongside Viva bus rapid transit along Yonge Street and Highway 7 for local and cross-region connections.
Closing Costs to Budget for in Richmond Hill
| Cost | Typical amount |
|---|---|
| Ontario Land Transfer Tax | Varies by price — see calculation guide |
| Legal fees and disbursements | Typically $1,500–$2,500 |
| Home inspection | Typically $400–$700 for a detached home |
Richmond Hill is in York Region, so buyers pay only the provincial Land Transfer Tax.
Financing a Richmond Hill Purchase
With Richmond Hill's detached median around $1.8M, most detached purchases require a minimum 20% down payment. Its condo median around $600,000 offers more flexibility. See how mortgage pre-approval works.
FAQ
Is Richmond Hill more expensive than Markham?
Slightly — Richmond Hill's detached median (around $1.8M) runs somewhat above Markham's (around $1.6M), while condo pricing is broadly comparable across both cities.
Does Richmond Hill have GO Transit?
Yes, via the Richmond Hill line, with Richmond Hill GO station offering direct rail service toward Union Station.
What is the most established Richmond Hill neighbourhood?
Bayview Hill is consistently cited as Richmond Hill's most established, premium neighbourhood.
Is there a municipal land transfer tax in Richmond Hill?
No — buyers pay only the provincial Ontario Land Transfer Tax.
Does Richmond Hill have subway access?
Not directly — the closest subway access is Vaughan Metropolitan Centre, reachable from parts of Richmond Hill via bus connection.
Browse current Richmond Hill homes for sale on Condohill.
Sources
Price ranges reflect Condohill's synced MLS® listing data for Richmond Hill as of September 2026. See the TRREB market statistics page for official regional data.