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A−Cost of living Grade
Property prices in Elkford · Census 2021 and Statistics Canada

A home in Elkford is worth 58% less than the middle of British Columbia’s towns

In figures: $300,000 for the median home in 2021, $720,000 for the middle of British Columbia’s towns. Sales are published too: 150 buyers in 2023, at a median $159,000. Assessors valued the median residential property at $248,000 for 2024.

Median home value
$300K
owners’ estimate, census 2021
average $308K
Median sale price
$159K
CHSP, 2023
150 buyers
Median assessed value
$248K
all residential, 2024
New homes a year
19
permits, 2018–2023
17.9 per 1,000 homes
What homes are worth

What Elkford’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. These home values were given by owners themselves, in a census taken in May 2021.

Census 2021$300K

median, owners’ estimate

Average
$308K
Owners
975
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$159K

median sale price

Average sale
$230K
÷ buyers’ income
1.3×
Buyers
150
British Columbia’s towns
$682K
Assessed, 2024$248K

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

Houses in Elkford carry assessments 48% under the middle of British Columbia’s towns

The 2024 assessment roll counts 1,435 homes in Elkford: detached houses make 46% of them, condos 32%.

Assessed value

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

Detached houses$388K
Condos$136K
Mobile homes$222K
Multi-unit properties$259K
The mix of properties
Detached houses46%
Condos32%
Mobile homes15%
Multi-unit properties6%
1,810 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
746 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

The homes of Elkford, by period and type

At the 2021 census, 54% of Elkford’s 1,160 occupied homes were 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 19611%
1961–198054%
1981–200026%
2001–201517%
2016–20212%
What kind of home

Homes by kind

Single-detached houses54%
Semi-detached houses5%
Row houses1%
Flats in a duplexunder 1%
Apartments, under 5 storeys19%
Movable dwellings20%
Against the median town of the province and of Canada
ElkfordBritish ColumbiaCanada
Condominiums14%10%8%
Needing major repairs5%6%6%
Too small for the household1%4%3%
Households in core housing need4%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

Building at the pace of British Columbia’s towns: 17.9 new homes a year per 1,000 in Elkford, against 18.1

Some 19 homes a year: 111 in all were permitted in Elkford from 2018 to 2023. Houses dominate the permits, at 72% in single-unit buildings (British Columbia’s towns: 27%).

Permits by year, 2018–2023

A peak in 2023: 40 new homes

Single-unit buildingsTwo or more units
010203040201820192020202120222023
The pace

New homes a year per 1,000 homes

Elkford17.9
British Columbia’s towns18.1
The typical Canadian town13.8
$6.47M
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

Elkford is 58% 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.

Median value, census 2021

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

Home values around Elkford

Next to Elkford: 2021 census values and the share of owners. No closer places have figures: these lie 31–68 km from Elkford.

SparwoodElectoral Area A, East KootenayCrowsnest PassFernieElectoral Area E, East KootenaySparwoodElectoral Area A, East KootenayCrowsnest PassFernieElectoral Area E, East KootenayElkford
Prices next door
TownMedian home valueAverageOwnerskm
Elkford$300K$308K84%
Sparwood$332K$338K72%31.4
Electoral Area A, East Kootenay$500K$563K88%48.1
Crowsnest Pass$300K$320K85%56.4
Fernie$645K$643K72%57.9
Electoral Area E, East Kootenay$500K$538K90%68.4

Census 2021 values; km.

Questions about property prices in Elkford

What is the average house price in Elkford?

The average sale was $230,000 in 2023, and at the median, buyers paid 1.3 times their income.

Is Elkford expensive for British Columbia?

On census values, Elkford sits among the cheaper of British Columbia’s towns (median $720,000).

How many households in Elkford are in core housing need?

Statistics Canada puts 4% of Elkford’s households in core housing need, a smaller share than the 10% of British Columbia’s towns.

Can I see individual sales or prices by street?

No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.

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).