Guest, Sign inJoin
ISS030-E-115185 - View of EarthPhoto: Earth Science and Remote Sensing Unit , Lyndon B. Johnson Space Center · Public domain
DCost of living Grade
Property prices in Electoral Area B, North Okanagan · Census 2021 and Statistics Canada

Permits in Electoral Area B, North Okanagan added 68.6 homes a year for every 1,000, where British Columbia’s towns added 18.1

By the 2021 census, half of owned homes were worth more than $600,000; the average was $623,000. Statistics Canada counted 60 buyers in 2023, paying a median $740,000. On the 2024 assessment, the middle residential property is valued at $725,000.

Median home value
$600K
owners’ estimate, census 2021
average $623K
Median sale price
$740K
CHSP, 2023
60 buyers
Median assessed value
$725K
all residential, 2024
New homes a year
86
permits, 2018–2023
68.6 per 1,000 homes
What homes are worth

Electoral Area B, North Okanagan’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. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices.

Census 2021$600K

median, owners’ estimate

Average
$623K
Owners
1,005
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$740K

median sale price

Average sale
$840K
÷ buyers’ income
4.2×
Buyers
60
British Columbia’s towns
$682K
Assessed, 2024$725K

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

On the roll, 89% of Electoral Area B, North Okanagan’s properties are detached houses

The 2024 assessment roll counts 1,045 homes in Electoral Area B, North Okanagan, detached houses 89% of them.

Assessed value

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

Detached houses$742K
Mobile homes$446K
Multi-unit properties$800K
The mix of properties
Detached houses89%
Multi-unit properties5%
Mobile homes5%
1,910 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
72%
of properties lived in by their owner

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

Electoral Area B, North Okanagan’s homes: when they went up and what they are

At the 2021 census, 74% of Electoral Area B, North Okanagan’s 1,285 occupied homes were single-detached houses. Half went up before 1981.

When they were built

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

Before 196113%
1961–198049%
1981–200020%
2001–201513%
2016–20215%
What kind of home

Homes by kind

Single-detached houses74%
Semi-detached houses2%
Row housesunder 1%
Flats in a duplex10%
Apartments, under 5 storeys2%
Other attached1%
Movable dwellings11%
Against the median town of the province and of Canada
Electoral Area B, North OkanaganBritish ColumbiaCanada
Condominiumsunder 1%10%8%
Needing major repairs5%6%6%
Too small for the household3%4%3%
Households in core housing need3%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

2022 was the year Electoral Area B, North Okanagan built most: 122 new homes permitted

Over 2018–2023, 518 homes were permitted in Electoral Area B, North Okanagan, close to 86 each year. Most were houses: 71% went into single-unit buildings, against 27% for British Columbia’s towns.

Permits by year, 2018–2023
Single-unit buildingsTwo or more units
050100150201820192020202120222023
The pace

New homes a year per 1,000 homes

Electoral Area B, North Okanagan68.6
British Columbia’s towns18.1
The typical Canadian town13.8
$39M
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

Electoral Area B, North Okanagan against British Columbia’s towns: 17% under the $720,000 median

254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Lower values near Electoral Area B, North Okanagan: Vernon and Armstrong

Next to Electoral Area B, North Okanagan: 2021 census values and the share of owners.

Electoral Area C, North OkanaganVernonColdstreamOkanagan (Part) 1SpallumcheenArmstrongElectoral Area C, North OkanaganVernonColdstreamOkanagan (Part) 1SpallumcheenArmstrongElectoral Area B, North Okanagan
Prices next door
TownMedian home valueAverageOwnerskm
Electoral Area B, North Okanagan$600K$623K85%
Electoral Area C, North Okanagan$755K$812K83%2.6
Vernon$524K$592K66%5.6
Coldstream$755K$852K90%8.7
Okanagan (Part) 1––90%11.2
Spallumcheen$640K$680K81%12
Armstrong$500K$500K84%15.5

Census 2021 values; km.

Questions about property prices in Electoral Area B, North Okanagan

How many households in Electoral Area B, North Okanagan are in core housing need?

In Electoral Area B, North Okanagan, 3% 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.

Is Electoral Area B, North Okanagan expensive for British Columbia?

Less than most: British Columbia’s towns have a median of $720,000, and Electoral Area B, North Okanagan sits below it.

What is the average house price in Electoral Area B, North Okanagan?

Buyers paid $840,000 on average in 2023, or 4.2 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).