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Lakeview outside Oliver - BC - Canada (16725234139) (2)Photo: Adam Jones from Kelowna, BC, Canada · CC BY-SA 2.0
DCost of living Grade
Property prices in Oliver · Census 2021 and Statistics Canada

Homes in Oliver are worth 37% less than the median of British Columbia’s towns

Owners valued the median home at $452,000 in 2021, where the median of British Columbia’s towns was $720,000. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch. Statistics Canada counted 175 buyers in 2023, paying a median $535,000.

Median home value
$452K
owners’ estimate, census 2021
average $489K
Median sale price
$535K
CHSP, 2023
175 buyers
Median assessed value
$551K
all residential, 2024
New homes a year
23
permits, 2018–2023
10.5 per 1,000 homes
What homes are worth

Three ways to price a home in Oliver

Every figure here is compared within the province, against British Columbia’s towns, since each province assesses on its own terms.

Census 2021$452K

median, owners’ estimate

Average
$489K
Owners
1,800
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$535K

median sale price

Average sale
$560K
÷ buyers’ income
4.6×
Buyers
175
British Columbia’s towns
$682K
Assessed, 2024$551K

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, Oliver’s houses sit 18% below British Columbia’s towns

Assessors listed 2,155 residential properties in Oliver for 2024, 68% of them detached houses and 9% condos.

Assessed value

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

Detached houses$616K
Row houses$346K
Condos$343K
Multi-unit properties$716K
The mix of properties
Detached houses68%
Row houses14%
Condos9%
Multi-unit properties7%
1,680 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
1,140 sq ft
living area of the median condo

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

21% of Oliver’s homes are condos, where British Columbia’s towns have 10%

Of the 2,310 homes people lived in across Oliver at the 2021 census, 67% were single-detached houses. Half went up before 2001.

When they were built

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

Before 196119%
1961–198025%
1981–200030%
2001–201521%
2016–20216%
What kind of home

Homes by kind

Single-detached houses67%
Semi-detached houses2%
Row houses13%
Flats in a duplex2%
Apartments, under 5 storeys12%
Movable dwellings4%
Against the median town of the province and of Canada
OliverBritish ColumbiaCanada
Condominiums21%10%8%
Needing major repairs6%6%6%
Too small for the household3%4%3%
Households in core housing need6%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

Permits in Oliver ran at 10.5 homes a year per 1,000, where British Columbia’s towns ran at 18.1

Building permits added 137 homes in Oliver between 2018 and 2023: some 23 a year. Single-unit buildings took 69% of them, where British Columbia’s towns built 27%.

Permits by year, 2018–2023

A peak in 2021: 38 new homes

Single-unit buildingsTwo or more units
010203040201820192020202120222023
The pace

New homes a year per 1,000 homes

Oliver10.5
British Columbia’s towns18.1
The typical Canadian town13.8
$8.55M
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

Oliver is cheaper than most of British Columbia’s towns: 37% under their $720,000 median

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

Home values around Oliver

Next to Oliver: 2021 census values and the share of owners.

Electoral Area C, Okanagan-SimilkameenOsoyoos 1Electoral Area B, Okanagan-SimilkameenOsoyoosElectoral Area C, Okanagan-SimilkameenOsoyoos 1Electoral Area B, Okanagan-SimilkameenOsoyoosOliver
Prices next door
TownMedian home valueAverageOwnerskm
Oliver$452K$489K78%
Electoral Area C, Okanagan-Similkameen$460K$548K82%3.6
Osoyoos 1––77%4.4
Electoral Area B, Okanagan-Similkameen$500K$468K80%13.4
Osoyoos$500K$592K81%18.9

Census 2021 values; km.

Questions about property prices in Oliver

Is Oliver expensive for British Columbia?

Below the norm for British Columbia’s towns, whose median home is worth $720,000; Oliver’s is worth less.

How many households in Oliver are in core housing need?

Below the norm for British Columbia’s towns (10%): 6% in Oliver, counting the households whose home falls short on cost, size or repair.

What is the average house price in Oliver?

An average of $560,000 in 2023, with the median sale at 4.6 times the buyer’s income.

Can I see individual sales or prices by street?

Not here: individual sales sit with provincial registries and aren’t open, so the published figures are town medians and averages.

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).