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Property prices in Highlands · Census 2021 and Statistics Canada

For every 1,000 homes, Highlands permitted only 4.8 new ones a year; British Columbia’s towns permitted 18.1

A median of $1,000,000 and a mean of $1,144,000: that is how owners valued their homes in 2021. In 2023, 30 homes changed hands at a median price of $1,230,000, by Statistics Canada’s count. On the 2024 assessment, the middle residential property is valued at $1,260,000.

Median home value
$1M
owners’ estimate, census 2021
average $1.14M
Median sale price
$1.23M
CHSP, 2023
30 buyers
Median assessed value
$1.26M
all residential, 2024
New homes a year
6
permits, 2018–2023
4.8 per 1,000 homes
What homes are worth

Three ways to price a home in Highlands

Each source sits beside its own median for British Columbia’s towns; none compares across provinces, which value homes in their own ways. No sale stands behind these values: owners named them at the census of May 2021.

Census 2021$1M

median, owners’ estimate

Average
$1.14M
Owners
875
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$1.23M

median sale price

Average sale
$1.43M
÷ buyers’ income
5.8×
Buyers
30
British Columbia’s towns
$682K
Assessed, 2024$1.26M

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

A detached house in Highlands is assessed 71% higher than across British Columbia’s towns

Of Highlands’s 815 residential properties on the 2024 roll, 91% are detached houses.

Assessed value

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

Detached houses$1.28M
Multi-unit properties$1.3M
The mix of properties
Detached houses91%
Multi-unit properties6%
2,500 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
87%
of properties lived in by their owner

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

Single-detached houses are 95% of Highlands’s homes, against 62% for British Columbia’s towns

At the 2021 census, Highlands had 1,000 homes with someone living in them. Half or more were standing by 2000.

When they were built

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

Before 19614%
1961–198021%
1981–200045%
2001–201524%
2016–20217%
What kind of home

Homes by kind

Single-detached houses95%
Semi-detached houses1%
Row housesunder 1%
Flats in a duplex3%
Apartments, under 5 storeys1%
Movable dwellingsunder 1%
Against the median town of the province and of Canada
HighlandsBritish ColumbiaCanada
Condominiumsunder 1%10%8%
Needing major repairs5%6%6%
Too small for the household3%4%3%
Households in core housing need6%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 Highlands peaked in 2021: 16 new homes

Highlands issued permits for 36 new homes from 2018 to 2023, or about 6 a year. Houses dominate the permits, at 100% in single-unit buildings (British Columbia’s towns: 27%).

Permits by year, 2018–2023
Single-unit buildingsTwo or more units
05101520201820192020202120222023
The pace

New homes a year per 1,000 homes

Highlands4.8
British Columbia’s towns18.1
The typical Canadian town13.8
$911K
of new residential construction a year, 2019–2023
The metro area

Down 5%: 4,220 new homes in the year to August 2026

02,0004,0006,00020212022202320242025

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. · Monthly permits: one figure for all of the Victoria metro area

Across British Columbia

Highlands is dearer than most of British Columbia’s towns: 39% above their $720,000 median

254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

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

Lower values near Highlands: Central Saanich, Langford and View Royal

Next to Highlands: 2021 census values and the share of owners.

Central SaanichLangfordView RoyalEast Saanich 2New Songhees 1AElectoral Area A, Cowichan ValleyCentral SaanichLangfordView RoyalEast Saanich 2New Songhees 1AElectoral Area A, Cowichan ValleyHighlands
Prices next door
TownMedian home valueAverageOwnerskm
Highlands$1M$1.14M89%
Central Saanich$900K$973K80%7.5
Langford$730K$752K65%9.8
View Royal$800K$848K67%9.8
East Saanich 2––87%11
New Songhees 1A––65%11.8
Electoral Area A, Cowichan Valley$800K$814K88%12.4

Census 2021 values; km.

Questions about property prices in Highlands

How many households in Highlands are in core housing need?

Fewer than most: 6% of households in Highlands, where British Columbia’s towns sit at 10%.

Is Highlands expensive for British Columbia?

Above the norm for British Columbia’s towns, whose median home is worth $720,000; Highlands’s is worth more.

What is the average house price in Highlands?

An average of $1,430,000 in 2023, with the median sale at 5.8 times the buyer’s income.

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).