Photo: The original uploader was GreenB1983 at English Wikipedia . · CC BY-SA 3.0Homes in Invermere are worth 38% less than the median of British Columbia’s towns
In figures: $448,000 for the median home in 2021, $720,000 for the middle of British Columbia’s towns. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. Sales are published too: 270 buyers in 2023, at a median $520,000.
Invermere’s homes, by three sources
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
- $516K
- Owners
- 1,170
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $530K
- ÷ buyers’ income
- 2.5×
- Buyers
- 270
- 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 Invermere is assessed 11% lower than across British Columbia’s towns
Assessors listed 2,145 residential properties in Invermere for 2024, 57% of them detached houses and 16% 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.
Condominiums are 20% of Invermere’s homes, against 10% for British Columbia’s towns
The 2021 census counted 1,660 occupied homes in Invermere; 63% of them are 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
| Invermere | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 20% | 10% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 4% | 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.
Invermere permitted 27.5 new homes a year per 1,000, above the 18.1 of British Columbia’s towns
From 2018 to 2023, permits in Invermere created 259 homes, about 43 a year. About 35% went into single-unit buildings, where British Columbia’s towns built 27%.
The busiest year: 2021, with 90 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.
Invermere is 38% 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.
Lower values near Invermere: Radium Hot Springs
The places around Invermere at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Invermere | $448K | $516K | 71% | |
| Radium Hot Springs | $344K | $380K | 75% | 13.6 |
| Electoral Area F, East Kootenay | $600K | $632K | 90% | 14.3 |
Census 2021 values; km.
Questions about property prices in Invermere
What is the average house price in Invermere?
An average of $530,000 in 2023, with the median sale at 2.5 times the buyer’s income.
How many households in Invermere are in core housing need?
Fewer than most: 5% of households in Invermere, where British Columbia’s towns sit at 10%.
Is Invermere expensive for British Columbia?
Below the norm for British Columbia’s towns, whose median home is worth $720,000; Invermere’s is worth less.
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).