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

Owners in North Vancouver value their homes at 2.2 times the median of British Columbia’s towns

In figures: $1,600,000 for the median home in 2021, $720,000 for the middle of British Columbia’s towns. The values date from May 2021 and are what owners thought their homes were worth, not sale prices. The median sale in 2023 was $1,480,000, across 2,135 buyers.

Median home value
$1.6M
owners’ estimate, census 2021
average $1.67M
Median sale price
$1.48M
CHSP, 2023
2,135 buyers
Median assessed value
$1.85M
all residential, 2024
New homes a year
551
permits, 2018–2023
16 per 1,000 homes
What homes are worth

North Vancouver’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.

Census 2021$1.6M

median, owners’ estimate

Average
$1.67M
Owners
24,990
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$1.48M

median sale price

Average sale
$1.59M
÷ buyers’ income
7×
Buyers
2,135
British Columbia’s towns
$682K
Assessed, 2024$1.85M

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 assessment roll, North Vancouver’s houses sit at 2.8 times British Columbia’s towns

In 2024, North Vancouver had 29,600 residential properties on the roll, detached houses 49% of them and condos 22%.

Assessed value

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

Detached houses$2.07M
Row houses$1.29M
Condos$793K
Multi-unit properties$2.21M
The mix of properties
Detached houses49%
Condos22%
Multi-unit properties18%
Row houses11%
2,460 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
901 sq ft
living area of the median condo
78%
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

Condominiums are 24% of North Vancouver’s homes, against 10% for British Columbia’s towns

At the 2021 census, 49% of North Vancouver’s 32,700 occupied homes were single-detached houses. At least half predate 1981.

When they were built

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

Before 196122%
1961–198036%
1981–200023%
2001–201511%
2016–20218%
What kind of home

Homes by kind

Single-detached houses49%
Semi-detached houses2%
Row houses9%
Flats in a duplex18%
Apartments, under 5 storeys14%
Apartments, 5+ storeys9%
Movable dwellingsunder 1%
Against the median town of the province and of Canada
North VancouverBritish ColumbiaCanada
Condominiums24%10%8%
Needing major repairs6%6%6%
Too small for the household4%4%3%
Households in core housing need12%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

North Vancouver permitted 16 new homes a year per 1,000, close to the 18.1 of British Columbia’s towns

Building permits added 3,303 homes in North Vancouver between 2018 and 2023: some 551 a year. Only 5% went into single-unit buildings, beside 27% for British Columbia’s towns. Nobody publishes monthly permits for North Vancouver alone, so this card uses the figure for the Vancouver metro area.

Permits by year, 2018–2023

The busiest year: 2020, with 902 new homes

Single-unit buildingsTwo or more units
02004006008001,000201820192020202120222023
The pace

New homes a year per 1,000 homes

North Vancouver16
British Columbia’s towns18.1
The typical Canadian town13.8
$185M
of new residential construction a year, 2019–2023
The metro area

Slowing: 26,358 new homes in the 12 months to August 2026, 11% fewer

010,00020,00030,00040,00020212022202320242025

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

North Vancouver against British Columbia’s towns: 122% over the $720,000 median

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

Median value, census 2021

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

Lower values near North Vancouver: North Vancouver, Heights and Hastings-Sunrise

The places around North Vancouver at the 2021 census: median and average value, and how many own.

North VancouverBurrard Inlet 3HeightsCapilano 5Hastings-SunriseGrandview-WoodlandNorth VancouverBurrard Inlet 3HeightsCapilano 5Hastings-SunriseGrandview-WoodlandNorth Vancouver
Prices next door
TownMedian home valueAverageOwnerskm
North Vancouver$1.6M$1.67M76%
North Vancouver$990K$1.14M53%2.4
Burrard Inlet 3––86%5.4
Heights$1.51M$1.49M67%6.4
Capilano 5––11%6.5
Hastings-Sunrise$1.5M$1.49M56%6.6
Grandview-Woodland$1.45M$1.24M36%6.8

Census 2021 values; km.

Questions about property prices in North Vancouver

Is North Vancouver expensive for British Columbia?

On census values, North Vancouver ranks among the dearer of British Columbia’s towns (median $720,000).

What is the average house price in North Vancouver?

The average sale was $1,590,000 in 2023, and at the median, buyers paid 7 times their income.

How many households in North Vancouver are in core housing need?

In North Vancouver, 12% of households are in core housing need, close to the 10% of 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.

Can I see individual sales or prices by street?

No. Sales are published as town figures (median, average, buyers); street-level or single sales aren’t released.

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).