Photo: outofthought · CC BY-SA 3.0The middle home in Lake Country is valued at $800,000
The census of 2021 asked 4,770 owner households what their home was worth. These home values were given by owners themselves, in a census taken in May 2021. The median sale in 2023 was $865,000, across 470 buyers.
Three ways to price a home in Lake Country
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
- $961K
- Owners
- 4,770
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $1.01M
- ÷ buyers’ income
- 4.6×
- Buyers
- 470
- 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).
Lake Country’s detached houses are assessed 33% above the median of British Columbia’s towns
The 2024 assessment roll counts 5,525 homes in Lake Country: detached houses make 64% of them, condos 7%.
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.
46% of Lake Country’s homes are from 2001 or later, against 24% for British Columbia’s towns
Of the 6,205 homes people lived in across Lake Country at the 2021 census, 66% were single-detached houses.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Lake Country | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 10% | 10% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 7% | 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.
Lake Country is dearer than most of British Columbia’s towns: 11% above their $720,000 median
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.
Cheaper next to Lake Country: Central Okanagan West and Central Okanagan
The places around Lake Country at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Lake Country | $800K | $961K | 79% | |
| Duck Lake 7 | – | – | 91% | 4.3 |
| Central Okanagan West | $645K | $756K | 89% | 11.4 |
| Central Okanagan | $750K | $820K | 91% | 13.9 |
Census 2021 values; km.
Questions about property prices in Lake Country
How many households in Lake Country are in core housing need?
Fewer than most: 7% of households in Lake Country, where British Columbia’s towns sit at 10%.
Is Lake Country expensive for British Columbia?
Yes: Lake Country’s census median is above the $720,000 of British Columbia’s towns.
What is the average house price in Lake Country?
An average of $1,010,000 in 2023, with the median sale at 4.6 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. 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).