Photo: Holger Steinhaus · CC BY-SA 3.0Homes in Fernie are worth a median $645,000
That figure comes from 1,880 owner households at the 2021 census. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales. Statistics Canada counted 255 buyers in 2023, paying a median $710,000.
Three ways to price a home in Fernie
Three sources, each set against British Columbia’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $643K
- Owners
- 1,880
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $720K
- ÷ buyers’ income
- 2.9×
- Buyers
- 255
- 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 Fernie: 2.3 times the assessed value
In 2024, Fernie had 2,905 residential properties on the roll, detached houses 61% of them and condos 12%.
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.
How Fernie’s homes break down, by age and kind
Fernie had 2,600 occupied homes at the 2021 census, 62% of them single-detached houses. The older half dates from before 1981.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Fernie | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 16% | 10% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 5% | 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.
Building ahead of British Columbia’s towns: 23.9 new homes a year per 1,000 in Fernie, against 18.1
From 2018 to 2023, permits in Fernie created 344 homes, about 57 a year. About 44% went into single-unit buildings, where British Columbia’s towns built 27%.
The busiest year: 2020, with 95 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.
Fernie is 10% 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.
Cheaper next to Fernie: Electoral Area A, East Kootenay, Electoral Area B, East Kootenay and Sparwood
The places around Fernie at the 2021 census: median and average value, and how many own. Distances here run 11–29 km: that is how far the nearest places with figures are from Fernie.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Fernie | $645K | $643K | 72% | |
| Electoral Area A, East Kootenay | $500K | $563K | 88% | 10.9 |
| Electoral Area B, East Kootenay | $500K | $542K | 85% | 23.3 |
| Sparwood | $332K | $338K | 72% | 28.6 |
Census 2021 values; km.
Questions about property prices in Fernie
How many households in Fernie are in core housing need?
5% of Fernie’s households, under 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.
What is the average house price in Fernie?
The average sale was $720,000 in 2023, and at the median, buyers paid 2.9 times their income.
Is Fernie expensive for British Columbia?
No: Fernie’s census median is below the $720,000 of British Columbia’s towns.
Can I see individual sales or prices by street?
Not here: individual sales sit with provincial registries and aren’t open, so the published figures are town medians and averages.
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).