Photo: Ken Walker · CC BY-SA 3.0A home in Courtenay is worth 21% less than the middle of British Columbia’s towns
Owners put the median home at $572,000 at the 2021 census; for British Columbia’s towns the median is $720,000. Sales are published too: 1,005 buyers in 2023, at a median $675,000. For 2024, the median assessed value of a residential property is $645,000.
Courtenay’s homes, by three sources
Three sources, each set against British Columbia’s towns only: provinces measure value differently, so they don’t line up across borders. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales.
median, owners’ estimate
- Average
- $593K
- Owners
- 9,280
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $710K
- ÷ buyers’ income
- 5×
- Buyers
- 1,005
- British Columbia’s towns
- $682K
all residential
- British Columbia’s towns
- $671K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Houses against condos in Courtenay: 2.4 times the assessed value
Assessors listed 11,400 residential properties in Courtenay for 2024, 55% of them detached houses and 15% condos.
Median assessment by type, 2024 the tick is the median of British Columbia’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of British Columbia’s towns with their own figure; assessments compare within a province only.
Condominiums are 21% of Courtenay’s homes, against 10% for British Columbia’s towns
The 2021 census counted 13,000 occupied homes in Courtenay; 50% of them are single-detached houses. The older half dates from before 2001.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Courtenay | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 21% | 10% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 11% | 10% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Courtenay permitted 30.9 new homes a year per 1,000, above the 18.1 of British Columbia’s towns
Courtenay issued permits for 2,373 new homes from 2018 to 2023, or about 396 a year. About 22% went into single-unit buildings, where British Columbia’s towns built 27%.
The busiest year: 2023, with 618 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Courtenay is 21% below the $720,000 median of British Columbia’s towns
The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Courtenay’s neighbours by home value
Next to Courtenay: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Courtenay | $572K | $593K | 71% | |
| Comox | $628K | $663K | 77% | 4.4 |
| Electoral Area B (Lazo North), Comox Valley | $800K | $881K | 85% | 5.5 |
| Cumberland | $650K | $677K | 72% | 8.8 |
| Electoral Area C (Puntledge - Black Creek), Comox Valley | $750K | $789K | 87% | 11.7 |
| Electoral Area A, Comox Valley | $725K | $780K | 85% | 15.2 |
Census 2021 values; km.
Questions about property prices in Courtenay
Is Courtenay expensive for British Columbia?
Below the norm for British Columbia’s towns, whose median home is worth $720,000; Courtenay’s is worth less.
What is the average house price in Courtenay?
Buyers paid $710,000 on average in 2023, or 5 years of their income at the median.
How many households in Courtenay are in core housing need?
In Courtenay, 11% of households are in core housing need, close to the 10% of British Columbia’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
Can I see individual sales or prices by street?
No. Sales are published as town figures (median, average, buyers); street-level or single sales aren’t released.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).