Photo: The original uploader was IDuke at English Wikipedia . · CC BY-SA 2.5Esquimalt lives in apartments: 53% of its homes, beside 12% for British Columbia’s towns
The 2021 census put the median home at $750,000, with an average of $776,000. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch. Sales are published too: 405 buyers in 2023, at a median $800,000.
What Esquimalt’s homes are worth, three ways
Each source sits beside its own median for British Columbia’s towns; none compares across provinces, which value homes in their own ways.
median, owners’ estimate
- Average
- $776K
- Owners
- 4,185
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $880K
- ÷ buyers’ income
- 4.6×
- Buyers
- 405
- 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).
Esquimalt’s detached houses are assessed 36% above the median of British Columbia’s towns
Of Esquimalt’s 5,155 residential properties on the 2024 roll, 33% are detached houses and 30% are 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.
Before 1961: 30% of the homes in Esquimalt, where British Columbia’s towns have 11%
People lived in 8,565 homes in Esquimalt at the 2021 census.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Esquimalt | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 20% | 10% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | 5% | 4% | 3% |
| Households in core housing need | 18% | 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.
Esquimalt permitted 33.9 new homes a year per 1,000, above the 18.1 of British Columbia’s towns
Over 2018–2023, 1,588 homes were permitted in Esquimalt, close to 265 each year. Multi-unit buildings took most: single-unit ones were just 2%, where British Columbia’s towns built 27%.
Most in 2022: 555 new homes
New homes a year per 1,000 homes
4,220 new homes in the 12 months to August 2026, down 5% on the year before
Monthly permits for the Victoria metro area
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.
Esquimalt sits close to 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.
Home values around Esquimalt
Next to Esquimalt: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Esquimalt | $750K | $776K | 49% | |
| New Songhees 1A | – | – | 65% | 1.9 |
| Victoria | $750K | $821K | 40% | 3.9 |
| View Royal | $800K | $848K | 67% | 4 |
| Saanich | $930K | $1.01M | 69% | 5.5 |
| Colwood | $800K | $823K | 74% | 6.3 |
| Oak Bay | $1.4M | $1.64M | 75% | 7 |
Census 2021 values; km.
Questions about property prices in Esquimalt
How many households in Esquimalt are in core housing need?
Statistics Canada puts 18% of Esquimalt’s households in core housing need, a higher share than the 10% of British Columbia’s towns.
Is Esquimalt expensive for British Columbia?
Neither more nor less: British Columbia’s towns have a median of $720,000, and Esquimalt is near it.
What is the average house price in Esquimalt?
The average sale was $880,000 in 2023, and at the median, buyers paid 4.6 times 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).