Condos for Sale in King City
Under $500K
Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in King City this band: $475K · 64 active · avg 39 days on market.
64 active · median $475K
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in King City Under $500K
64 active · median $475K
Median List Price
$475K
Active Listings
64
Avg Days on Market
39 days
YoY Change
-9.1%
6-Month Median Price Trend
Dec
$481K
Jan
$479K
Feb
$479K
Mar
$481K
Apr
$457K
May
$462K
What is the average condo price in King City in 2026?
The benchmark price for a condo in King City in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 64 active listings, moving in an average of 39 days on market. Prices are down 9.1% year-over-year.
Is King City a buyer's or seller's market right now?
King City is currently a buyer's market for condos in this band. Listings are sitting 39 days on average and prices are 9.1% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.
Families helped in King City
10+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“We got conditional approval the same evening we called. Saved us from losing the home in a multi-offer.”
What $475K gets you in King City.
Condos in King City priced under $500k are tracking against a CREA MLS® HPI benchmark of $539K for the greater toronto area. Within this band the median list comes in near $475K — down 9.1% year-over-year. Active inventory is moving in roughly 39 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$468K
$449K
$485K
Sample comparables only — request the live MLS report for current availability and pricing.
Keep exploring King City.
Other property types
King City Condo FAQ
What is the median price for condos in King City under $500k?
As of 2026-05-01, the median list price for condos in King City priced under $500k sits at approximately $475K based on active MLS inventory.
How many condos are currently for sale in King City in this price range?
There are roughly 64 active condos for sale in King City priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in King City?
Condos in King City priced under $500k are averaging 39 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are King City condo prices going up or down?
Year-over-year median condo prices in King City (this band) are down 9.1%. Six-month trend data is available on this page.
What mortgage do I need to buy a condo at this price in King City?
On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $2,322 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 64 active, median $475K.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed King City advisor within 1 business hour.
Condos in King City Under $500K
Median $475K · 64 active · 3.95% 5-yr fixed
Get pre-approved for a $380K mortgage.
Based on $475K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.