Photo: Joe Mabel · CC BY-SA 3.0The middle home in Hope is valued at $600,000
The census of 2021 asked 2,330 owner households what their home was worth. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since. The median sale in 2023 was $656,000, across 180 buyers.
Three ways to price a home in Hope
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
- $596K
- Owners
- 2,330
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $690K
- ÷ buyers’ income
- 5.5×
- Buyers
- 180
- 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).
A detached house in Hope is assessed at 2 times a condo
In 2024, Hope had 2,635 residential properties on the roll, detached houses 83% of them and condos 2%.
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 Hope’s homes break down, by age and kind
Of the 2,940 homes people lived in across Hope at the 2021 census, 74% were single-detached houses. The older half dates from before 2001.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Hope | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 5% | 10% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 6% | 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.
Hope permitted 16.2 new homes a year per 1,000, close to the 18.1 of British Columbia’s towns
Hope issued permits for 285 new homes from 2018 to 2023, or about 48 a year. About 44% went into single-unit buildings, where British Columbia’s towns built 27%.
A peak in 2020: 72 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.
Hope is 17% below the $720,000 median of British Columbia’s towns
254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Hope’s neighbours by home value
The places around Hope at the 2021 census: median and average value, and how many own. Hope has few close neighbours with figures, so the list reaches 27–44 km out.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Hope | $600K | $596K | 79% | |
| Harrison Hot Springs | $685K | $682K | 81% | 27.1 |
| Kent | $650K | $728K | 84% | 29.3 |
| Rosedale | $1M | $1.06M | 91% | 31.8 |
| Electoral Area C, Fraser Valley | $700K | $676K | 94% | 41 |
| Electoral Area E, Fraser Valley | $600K | $680K | 97% | 44.1 |
Census 2021 values; km.
Questions about property prices in Hope
How many households in Hope are in core housing need?
In Hope, 6% of households are in core housing need, against 10% for British Columbia’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
Is Hope expensive for British Columbia?
Below the norm for British Columbia’s towns, whose median home is worth $720,000; Hope’s is worth less.
What is the average house price in Hope?
An average of $690,000 in 2023, with the median sale at 5.5 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).