Photo: A.Davey · CC BY 2.0Owners in Ladysmith value their homes 23% below the median of British Columbia’s towns
At the 2021 census the median home was worth $552,000, where British Columbia’s towns sit at $720,000. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. In 2023, 385 homes changed hands at a median price of $695,000, by Statistics Canada’s count.
Ladysmith’s homes, by three sources
Every figure here is compared within the province, against British Columbia’s towns, since each province assesses on its own terms.
median, owners’ estimate
- Average
- $588K
- Owners
- 3,170
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $690K
- ÷ buyers’ income
- 5.1×
- Buyers
- 385
- 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).
Ladysmith’s homes by type: detached houses lead, at 72%
Detached houses account for 72% of the 3,615 properties on Ladysmith’s 2024 roll; condos for 5%.
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 Ladysmith’s homes break down, by age and kind
At the 2021 census, 68% of Ladysmith’s 3,925 occupied homes were single-detached houses. Half or more were standing by 2000.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Ladysmith | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 14% | 10% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 8% | 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.
Permits in Ladysmith ran at 26.2 homes a year per 1,000, where British Columbia’s towns ran at 18.1
Over 2018–2023, 566 homes were permitted in Ladysmith, close to 94 each year. Single-unit buildings took 24%, the rest buildings of two or more, against 27% for British Columbia’s towns.
Most in 2021: 257 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.
Ladysmith is 23% 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.
Ladysmith’s neighbours by home value
The places around Ladysmith at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Ladysmith | $552K | $588K | 81% | |
| Electoral Area H, Cowichan Valley | $800K | $888K | 89% | 4.2 |
| Electoral Area G, Cowichan Valley | $700K | $790K | 84% | 5.5 |
| Electoral Area A, Nanaimo | $685K | $712K | 84% | 12.5 |
Census 2021 values; km.
Questions about property prices in Ladysmith
Is Ladysmith expensive for British Columbia?
Below the norm for British Columbia’s towns, whose median home is worth $720,000; Ladysmith’s is worth less.
How many households in Ladysmith are in core housing need?
About as many as elsewhere: 8% of households in Ladysmith, where British Columbia’s towns sit at 10%.
What is the average house price in Ladysmith?
Buyers paid $690,000 on average in 2023, or 5.1 years of their income at the median.
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).