Condos for Sale in Oakville
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 Oakville this band: $475K · 70 active · avg 33 days on market.
70 active · median $475K
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Oakville Under $500K
70 active · median $475K
Median List Price
$475K
Active Listings
70
Avg Days on Market
33 days
YoY Change
-11.2%
6-Month Median Price Trend
Dec
$461K
Jan
$465K
Feb
$457K
Mar
$459K
Apr
$483K
May
$472K
What is the average condo price in Oakville in 2026?
The benchmark price for a condo in Oakville in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 70 active listings, moving in an average of 33 days on market. Prices are down 11.2% year-over-year.
Is Oakville a buyer's or seller's market right now?
Oakville is currently a balanced market for condos in this band. Inventory is turning over in 33 days with prices down 11.2% year-over-year. Neither side has decisive leverage right now.
Families helped in Oakville
71+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“Six months in Canada and they got us approved with 10% down. Could not believe how fast it moved.”
What $475K gets you in Oakville.
Condos in Oakville priced under $500k are tracking against a CREA MLS® HPI benchmark of $538K for the oakville milton area. Within this band the median list comes in near $475K — down 11.2% year-over-year. Active inventory is moving in roughly 33 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$440K
$508K
$464K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Oakville.
Keep exploring Oakville.
Other property types
Oakville Condo FAQ
What is the median price for condos in Oakville under $500k?
As of 2026-05-01, the median list price for condos in Oakville priced under $500k sits at approximately $475K based on active MLS inventory.
How many condos are currently for sale in Oakville in this price range?
There are roughly 70 active condos for sale in Oakville priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in Oakville?
Condos in Oakville priced under $500k are averaging 33 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Oakville condo prices going up or down?
Year-over-year median condo prices in Oakville (this band) are down 11.2%. Six-month trend data is available on this page.
What mortgage do I need to buy a condo at this price in Oakville?
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 — 70 active, median $475K.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Oakville advisor within 1 business hour.
Condos in Oakville Under $500K
Median $475K · 70 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.