Richmond Hill

Richmond Hill

$1,140,088

AVG SALE PRICE

40 days

AVG DAYS ON MARKET

197

SALES FEB 2026

37

WALK SCORE · CAR-DEPENDENT

Yonge Street
Bayview Avenue
Major Mackenzie Drive
16th Avenue
Bathurst Street

Richmond Hill was once called the Rose Growing Capital of Canada. That identity is gone but what replaced it is worth more. The David Dunlap Observatory still sits on its 189-acre estate off Bayview Avenue, enforcing the city's light-noise bylaw to protect its telescopes. That bylaw, unique in the GTA, also tames the all-night urban feel you find everywhere else. Mill Pond draws families on weekends. Oak Ridges sits on kettle lakes carved by glaciers 12,000 years ago. The city is multicultural, high-income, and built around schools that draw families from across the region.

Nearly half of Richmond Hill's residents earn over $100,000 annually. The Oak Ridges community, surrounding Lake Wilcox, commands some of the city's strongest prices. Jefferson, built from 2007 onward, offers newer construction with forest conservation backing onto it. South Richvale and the Bayview Hill corridor represent the premium end of the market. Investors return here because the fundamentals hold. Families stay because the schools perform and the streets are quiet. Richmond Hill does not need to be exciting. Consistency is its brand.

What is the average home price in Richmond Hill?

The average sale price in Richmond Hill was $1,140,088 in February 2026 across 197 transactions. Source: TRREB MLS System, February 2026.

How long does it take to sell a home in Richmond Hill?

Properties in Richmond Hill averaged 40 days on market in February 2026. That is slightly above the York Region average but reflects a stable, not stagnant, market.

What type of buyer is Richmond Hill best suited for?

Families who want top-ranked schools, suburban space, and a 45-to-60-minute commute to downtown Toronto. Also strong for long-term investors given the consistent appreciation history.

What does Mark know about Richmond Hill that data alone does not tell you?

The pocket east of Bayview between 16th Avenue and Major Mackenzie offers significantly better value per square foot than the equivalent west of Yonge. Most buyers overlook it.

Buying or selling in Richmond Hill?

Get a detailed market analysis tailored to your specific street and property type.

Market data: TRREB MLS System, February 2026. Walk Score data: walkscore.com. All figures subject to revision.