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A−Cost of living Grade
Property prices in Electoral Area E, Peace River · Census 2021 and Statistics Canada

Homes in Electoral Area E, Peace River are worth 58% less than the median of British Columbia’s towns

That is a median of $300,000 at the 2021 census, set beside $720,000 for British Columbia’s towns. In 2023, 65 homes changed hands at a median price of $345,000, by Statistics Canada’s count. On the 2024 assessment, the middle residential property is valued at $222,000.

Median home value
$300K
owners’ estimate, census 2021
average $332K
Median sale price
$345K
CHSP, 2023
65 buyers
Median assessed value
$222K
all residential, 2024
Owner households
835
census 2021
87% of households
What homes are worth

Three ways to price a home in Electoral Area E, Peace River

Three sources, each set against British Columbia’s towns only: provinces measure value differently, so they don’t line up across borders. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since.

Census 2021$300K

median, owners’ estimate

Average
$332K
Owners
835
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$345K

median sale price

Average sale
$360K
÷ buyers’ income
1.8×
Buyers
65
British Columbia’s towns
$682K
Assessed, 2024$222K

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

Houses in Electoral Area E, Peace River carry assessments 58% under the middle of British Columbia’s towns

Of Electoral Area E, Peace River’s 1,180 residential properties on the 2024 roll, 71% are detached houses.

Assessed value

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

Detached houses$313K
Mobile homes$193K
Multi-unit properties$199K
The mix of properties
Detached houses71%
Mobile homes26%
Multi-unit properties2%
1,630 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)

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

Major repairs needed: 10% of the homes in Electoral Area E, Peace River, where British Columbia’s towns have 6%

Of the 1,090 homes people lived in across Electoral Area E, Peace River at the 2021 census, 77% were single-detached houses. At least half predate 2001.

When they were built

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

Before 19616%
1961–198032%
1981–200040%
2001–201520%
2016–20212%
What kind of home

Homes by kind

Single-detached houses77%
Semi-detached housesunder 1%
Row housesunder 1%
Flats in a duplexunder 1%
Apartments, under 5 storeysunder 1%
Movable dwellings23%
Against the median town of the province and of Canada
Electoral Area E, Peace RiverBritish ColumbiaCanada
Condominiumsunder 1%10%8%
Needing major repairs10%6%6%
Too small for the household2%4%3%
Households in core housing need9%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.

Across British Columbia

Electoral Area E, Peace River is cheaper than most of British Columbia’s towns: 58% 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.

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 Electoral Area E, Peace River: Chetwynd, Hudson's Hope and Tumbler Ridge

The places around Electoral Area E, Peace River at the 2021 census: median and average value, and how many own. Electoral Area E, Peace River has few close neighbours with figures, so the list reaches 9–74 km out.

ChetwyndHudson's HopeTumbler RidgeElectoral Area D, Peace RiverTaylorChetwyndHudson's HopeTumbler RidgeElectoral Area D, Peace RiverTaylorElectoral Area E, Peace River
Prices next door
TownMedian home valueAverageOwnerskm
Electoral Area E, Peace River$300K$332K87%
Chetwynd$276K$271K64%8.9
Hudson's Hope$200K$230K80%54.6
Tumbler Ridge$180K$175K69%67.2
Electoral Area D, Peace River$388K$416K91%71.1
Taylor$290K$318K77%74.2

Census 2021 values; km.

Questions about property prices in Electoral Area E, Peace River

What is the average house price in Electoral Area E, Peace River?

Homes sold for an average $360,000 in 2023; the median buyer paid 1.8 times their household income.

Is Electoral Area E, Peace River expensive for British Columbia?

On census values, Electoral Area E, Peace River sits among the cheaper of British Columbia’s towns (median $720,000).

How many households in Electoral Area E, Peace River are in core housing need?

In line with British Columbia’s towns (10%): 9% in Electoral Area E, Peace River, counting the households whose home falls short on cost, size or repair.

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).