A home in Lumby is worth 38% less than the middle of British Columbia’s towns
That is a median of $448,000 at the 2021 census, set beside $720,000 for British Columbia’s towns. Sales are published too: 75 buyers in 2023, at a median $665,000. Assessors valued the median residential property at $545,000 for 2024.
Lumby’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. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $429K
- Owners
- 700
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $620K
- ÷ buyers’ income
- 4.7×
- Buyers
- 75
- 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).
Lumby’s detached houses are assessed 21% below the median of British Columbia’s towns
Detached houses account for 70% of the 740 properties on Lumby’s 2024 roll.
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 Lumby’s homes break down, by age and kind
The 2021 census counted 835 occupied homes in Lumby; 67% of them are single-detached houses. At least half predate 2001.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Lumby | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 7% | 10% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | 2% | 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.
12.7 new homes a year per 1,000 in Lumby: fewer than British Columbia’s towns (18.1)
Some 11 homes a year: 64 in all were permitted in Lumby from 2018 to 2023. 43% were single-unit buildings and the rest multi-unit ones, against 27% for British Columbia’s towns.
The busiest year: 2022, with 17 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.
Lumby is 38% 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.
Home values around Lumby
Next to Lumby: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Lumby | $448K | $429K | 84% | |
| Electoral Area D, North Okanagan | $520K | $595K | 85% | 5.7 |
| Coldstream | $755K | $852K | 90% | 17.8 |
| Electoral Area C, North Okanagan | $755K | $812K | 83% | 18.7 |
Census 2021 values; km.
Questions about property prices in Lumby
Is Lumby expensive for British Columbia?
Less than most: British Columbia’s towns have a median of $720,000, and Lumby sits below it.
How many households in Lumby are in core housing need?
In Lumby, 7% 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.
What is the average house price in Lumby?
Buyers paid $620,000 on average in 2023, or 4.7 years of their income at the median.
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).