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D−Cost of living Grade
Property prices in Keremeos · Census 2021 and Statistics Canada

Homes in Keremeos are worth 48% less than the median of British Columbia’s towns

That is a median of $376,000 at the 2021 census, set beside $720,000 for British Columbia’s towns. These home values were given by owners themselves, in a census taken in May 2021. Statistics Canada counted 60 buyers in 2023, paying a median $524,000.

Median home value
$376K
owners’ estimate, census 2021
average $364K
Median sale price
$524K
CHSP, 2023
60 buyers
Median assessed value
$488K
all residential, 2024
New homes a year
21
permits, 2018–2023
27.7 per 1,000 homes
What homes are worth

What Keremeos’s homes are worth, three ways

Three sources, each set against British Columbia’s towns only: provinces measure value differently, so they don’t line up across borders.

Census 2021$376K

median, owners’ estimate

Average
$364K
Owners
630
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$524K

median sale price

Average sale
$510K
÷ buyers’ income
4.8×
Buyers
60
British Columbia’s towns
$682K
Assessed, 2024$488K

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

Houses in Keremeos carry assessments 27% under the middle of British Columbia’s towns

The 2024 assessment roll counts 700 homes in Keremeos, detached houses 76% of them.

Assessed value

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

Detached houses$545K
Row houses$281K
Mobile homes$300K
Multi-unit properties$583K
The mix of properties
Detached houses76%
Row houses8%
Mobile homes8%
Multi-unit properties4%
1,440 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)

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

How Keremeos’s homes break down, by age and kind

810 occupied homes stood in Keremeos in 2021, and single-detached houses made up 72% of them. At least half predate 2001.

When they were built

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

Before 196113%
1961–198025%
1981–200032%
2001–201524%
2016–20215%
What kind of home

Homes by kind

Single-detached houses72%
Semi-detached houses2%
Row houses8%
Flats in a duplex5%
Apartments, under 5 storeys4%
Movable dwellings11%
Against the median town of the province and of Canada
KeremeosBritish ColumbiaCanada
Condominiums7%10%8%
Needing major repairs6%6%6%
Too small for the household1%4%3%
Households in core housing need10%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

Building ahead of British Columbia’s towns: 27.7 new homes a year per 1,000 in Keremeos, against 18.1

From 2018 to 2023, permits in Keremeos created 127 homes, about 21 a year. Single-unit buildings took 38%, the rest buildings of two or more, against 27% for British Columbia’s towns.

Permits by year, 2018–2023

A peak in 2020: 49 new homes

Single-unit buildingsTwo or more units
01020304050201820192020202120222023
The pace

New homes a year per 1,000 homes

Keremeos27.7
British Columbia’s towns18.1
The typical Canadian town13.8
$4.24M
of new residential construction a year, 2019–2023

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.

Across British Columbia

Keremeos against British Columbia’s towns: 48% under the $720,000 median

The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

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

Cheaper next to Keremeos: Electoral Area G, Okanagan-Similkameen

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

Electoral Area B, Okanagan-SimilkameenElectoral Area G, Okanagan-SimilkameenElectoral Area B, Okanagan-SimilkameenElectoral Area G, Okanagan-SimilkameenKeremeos
Prices next door
TownMedian home valueAverageOwnerskm
Keremeos$376K$364K78%
Electoral Area B, Okanagan-Similkameen$500K$468K80%8.3
Electoral Area G, Okanagan-Similkameen$250K$311K85%10.6

Census 2021 values; km.

Questions about property prices in Keremeos

Is Keremeos expensive for British Columbia?

On census values, Keremeos sits among the cheaper of British Columbia’s towns (median $720,000).

What is the average house price in Keremeos?

Homes sold for an average $510,000 in 2023; the median buyer paid 4.8 times their household income.

How many households in Keremeos are in core housing need?

10% of Keremeos’s households, near 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.

Can I see individual sales or prices by street?

No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.

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).