Home Values | Metro Vancouver

Analyzing owner-reported home values from the 2021 Census provides insights into regional housing affordability and the relative cost of different dwelling types. Although these estimates do not reflect current market prices, they reveal how homeowners valued their properties at the time. The data highlights variations in median home values across Metro Vancouver and shows how values differ by housing form, offering a snapshot of perceived housing value across the region.

Owner-estimated median home value across the region in 2021

Distribution of all dwellings by owner-estimated home value in 2021

Owner-estimated median home value across the region

Key observations

The median home value in Metro Vancouver was over one million dollars in 2021 – 132% greater than Montreal and 7% greater than Toronto.
The highest home values were reported in the District of North Vancouver, Electoral Area A, Vancouver, and West Vancouver.
The City of Langley, New Westminster, and White Rock include the largest proportions of homes valued at less than $500,000.
Across all jurisdictions, single-detached homes had the highest median values, with their estimated worth ranging from 44% to 233% higher than the next most expensive housing type – row houses.

Owner-estimated median value of dwellings by structure type in 2021

Notes

The glossary provides definitions of each technical term, ensuring consistent interpretation.
Data is based on Census counts and does not include undercount estimates.
Jurisdiction and Metro Vancouver totals may not equal the sum of individual values due to rounding, data suppression, or the omission of smaller data points to maintain visual readability. If a geography is not listed or appears missing, the associated data was either unavailable or did not meet reporting thresholds.
Proportion percentages are calculated using available data and may exclude instances of missed or suppressed data.
Electoral Area A includes UBC/UEL (University of British Columbia / University Endowment Lands).

Source
This information is from Statistics Canada census data .

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