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Property prices in Creston · Census 2021 and Statistics Canada

Homes in Creston are worth 52% less than the median of British Columbia’s towns

Owners put the median home at $348,000 at the 2021 census; for British Columbia’s towns the median is $720,000. Statistics Canada counted 205 buyers in 2023, paying a median $389,000. On the 2024 assessment, the middle residential property is valued at $408,000.

Median home value
$348K
owners’ estimate, census 2021
average $351K
Median sale price
$389K
CHSP, 2023
205 buyers
Median assessed value
$408K
all residential, 2024
New homes a year
21
permits, 2018–2023
8.2 per 1,000 homes
What homes are worth

What Creston’s homes are worth, three ways

Three sources, each set against British Columbia’s towns only: provinces measure value differently, so they don’t line up across borders. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices.

Census 2021$348K

median, owners’ estimate

Average
$351K
Owners
2,015
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$389K

median sale price

Average sale
$400K
÷ buyers’ income
3.9×
Buyers
205
British Columbia’s towns
$682K
Assessed, 2024$408K

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).

By type of home

On the assessment roll, Creston’s houses sit 42% below British Columbia’s towns

Detached houses account for 80% of the 2,265 properties on Creston’s 2024 roll; condos for 3%.

Assessed value

Median assessment by type, 2024 the tick is the median of British Columbia’s towns

Detached houses$431K
Row houses$311K
Condos$179K
Mobile homes$324K
Multi-unit properties$509K
The mix of properties
Detached houses80%
Multi-unit properties8%
Row houses5%
Mobile homes3%
Condos3%
1,730 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
863 sq ft
living area of the median condo

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.

The homes

Creston’s homes: when they went up and what they are

Creston had 2,670 occupied homes at the 2021 census, 74% of them single-detached houses. Half went up before 1981.

When they were built

Homes by period of construction the tick is the median of British Columbia’s towns

Before 196124%
1961–198033%
1981–200025%
2001–201515%
2016–20212%
What kind of home

Homes by kind

Single-detached houses74%
Semi-detached houses3%
Row houses7%
Flats in a duplex4%
Apartments, under 5 storeys11%
Movable dwellings1%
Against the median town of the province and of Canada
CrestonBritish ColumbiaCanada
Condominiums8%10%8%
Needing major repairs5%6%6%
Too small for the household3%4%3%
Households in core housing need9%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.

New homes

Permits in Creston ran at 8.2 homes a year per 1,000, where British Columbia’s towns ran at 18.1

Creston issued permits for 127 new homes from 2018 to 2023, or about 21 a year. 49% were single-unit buildings and the rest multi-unit ones, against 27% for British Columbia’s towns.

Permits by year, 2018–2023

Most in 2021: 30 new homes

Single-unit buildingsTwo or more units
0102030201820192020202120222023
The pace

New homes a year per 1,000 homes

Creston8.2
British Columbia’s towns18.1
The typical Canadian town13.8
$4.41M
of new residential construction a year, 2019–2023

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.

Across British Columbia

Creston is cheaper than most of British Columbia’s towns: 52% under their $720,000 median

The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Creston’s neighbours by home value

The places around Creston at the 2021 census: median and average value, and how many own.

Electoral Area B, Central KootenayElectoral Area C, Central KootenayElectoral Area B, Central KootenayElectoral Area C, Central KootenayCreston
Prices next door
TownMedian home valueAverageOwnerskm
Creston$348K$351K76%
Electoral Area B, Central Kootenay$400K$440K83%2.8
Electoral Area C, Central Kootenay$500K$488K89%2.9

Census 2021 values; km.

Questions about property prices in Creston

Is Creston expensive for British Columbia?

Below the norm for British Columbia’s towns, whose median home is worth $720,000; Creston’s is worth less.

What is the average house price in Creston?

The average sale was $400,000 in 2023, and at the median, buyers paid 3.9 times their income.

How many households in Creston are in core housing need?

9% of Creston’s households, near the 10% of British Columbia’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.

Can I see individual sales or prices by street?

Only in total: Statistics Canada releases each town’s median and average sale and its number of buyers, never a single sale.

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).