Detached Homes for Sale in Richmond Hill
Over $1.5M
Fully freehold land + structure. Highest long-term appreciation, full renovation flexibility, and the strongest move-up buyer demand in the Ontario market. Median list price in Richmond Hill this band: $1.57M · 10 active · avg 40 days on market.
10 active · median $1.57M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Detached Homes in Richmond Hill Over $1.5M
10 active · median $1.57M
Median List Price
$1.57M
Active Listings
10
Avg Days on Market
40 days
YoY Change
-6.8%
6-Month Median Price Trend
Dec
$1.54M
Jan
$1.54M
Feb
$1.58M
Mar
$1.59M
Apr
$1.61M
May
$1.61M
What is the average detached price in Richmond Hill in 2026?
The benchmark price for a detached in Richmond Hill in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 10 active listings, moving in an average of 40 days on market. Prices are down 6.8% year-over-year.
Is Richmond Hill a buyer's or seller's market right now?
Richmond Hill is currently a buyer's market for detacheds in this band. Listings are sitting 40 days on average and prices are 6.8% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.
Families helped in Richmond Hill
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What $1.57M gets you in Richmond Hill.
Detacheds in Richmond Hill priced over $1.5m are tracking against a CREA MLS® HPI benchmark of $1158K for the greater toronto area. Within this band the median list comes in near $1575K — down 6.8% year-over-year. Active inventory is moving in roughly 40 days.
Typical Size
1,800–3,500 sqft
Bedroom Range
3–5 bedrooms
Ownership Style
freehold
Sample comparables in this band.
$1.52M
$1.61M
$1.44M
Sample comparables only — request the live MLS report for current availability and pricing.
Where these detached homes are clustered in Richmond Hill.
Keep exploring Richmond Hill.
Other price ranges
Other property types
Richmond Hill Detached FAQ
What is the median price for detached homes in Richmond Hill over $1.5m?
As of 2026-05-01, the median list price for detached homes in Richmond Hill priced over $1.5m sits at approximately $1.57M based on active MLS inventory.
How many detached homes are currently for sale in Richmond Hill in this price range?
There are roughly 10 active detached homes for sale in Richmond Hill priced over $1.5m. Inventory typically refreshes weekly via the local MLS board.
How long do detached homes stay on the market in Richmond Hill?
Detached Homes in Richmond Hill priced over $1.5m are averaging 40 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Richmond Hill detached prices going up or down?
Year-over-year median detached prices in Richmond Hill (this band) are down 6.8%. Six-month trend data is available on this page.
What mortgage do I need to buy a detached at this price in Richmond Hill?
On a $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $7,700 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 10 active, median $1.57M.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Richmond Hill advisor within 1 business hour.
Detached Homes in Richmond Hill Over $1.5M
Median $1.57M · 10 active · 3.95% 5-yr fixed
Get pre-approved for a $1.26M mortgage.
Based on $1.57M 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.