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Big Horn Sheep Grazing in Town Centre, Radium Hot Springs - panoramioPhoto: Shane Smith · CC BY-SA 3.0
CCost of living Grade
Property prices in Radium Hot Springs · Census 2021 and Statistics Canada

A home in Radium Hot Springs is worth 52% less than the middle of British Columbia’s towns

Owners valued the median home at $344,000 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. The median sale in 2023 was $335,000, across 170 buyers.

Median home value
$344K
owners’ estimate, census 2021
average $380K
Median sale price
$335K
CHSP, 2023
170 buyers
Median assessed value
$322K
all residential, 2024
New homes a year
13
permits, 2018–2023
21.4 per 1,000 homes
What homes are worth

Radium Hot Springs’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$344K

median, owners’ estimate

Average
$380K
Owners
475
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$335K

median sale price

Average sale
$380K
÷ buyers’ income
2.2×
Buyers
170
British Columbia’s towns
$682K
Assessed, 2024$322K

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

A detached house in Radium Hot Springs is assessed 29% lower than across British Columbia’s towns

Assessors listed 1,340 residential properties in Radium Hot Springs for 2024, 44% of them condos.

Assessed value

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

Detached houses$533K
Row houses$428K
Condos$267K
Multi-unit properties$511K
The mix of properties
Condos44%
Detached houses25%
Row houses23%
Multi-unit properties6%
2,070 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
1,070 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

A younger stock than most: 65% of Radium Hot Springs’s homes went up after 2000 (British Columbia’s towns: 24%)

At the 2021 census, 33% of Radium Hot Springs’s 635 occupied homes were single-detached houses.

When they were built

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

Before 19612%
1961–198011%
1981–200023%
2001–201560%
2016–20216%
What kind of home

Homes by kind

Single-detached houses33%
Semi-detached houses9%
Row houses18%
Flats in a duplex3%
Apartments, under 5 storeys33%
Apartments, 5+ storeys2%
Movable dwellings2%
Against the median town of the province and of Canada
Radium Hot SpringsBritish ColumbiaCanada
Condominiums54%10%8%
Needing major repairs6%6%6%
Too small for the householdunder 1%4%3%
Households in core housing need15%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

Radium Hot Springs permitted 21.4 new homes a year per 1,000, close to the 18.1 of British Columbia’s towns

Some 13 homes a year: 80 in all were permitted in Radium Hot Springs from 2018 to 2023. About 31% went into single-unit buildings, where British Columbia’s towns built 27%.

Permits by year, 2018–2023

The busiest year: 2022, with 33 new homes

Single-unit buildingsTwo or more units
010203040201820192020202120222023
The pace

New homes a year per 1,000 homes

Radium Hot Springs21.4
British Columbia’s towns18.1
The typical Canadian town13.8
$5.39M
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

Radium Hot Springs against British Columbia’s towns: 52% 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.

Median value, census 2021

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

Radium Hot Springs’s neighbours by home value

Next to Radium Hot Springs: 2021 census values and the share of owners.

Electoral Area G, East KootenayInvermereElectoral Area G, East KootenayInvermereRadium Hot Springs
Prices next door
TownMedian home valueAverageOwnerskm
Radium Hot Springs$344K$380K75%
Electoral Area G, East Kootenay$400K$434K91%9.2
Invermere$448K$516K71%13.6

Census 2021 values; km.

Questions about property prices in Radium Hot Springs

What is the average house price in Radium Hot Springs?

The average sale was $380,000 in 2023, and at the median, buyers paid 2.2 times their income.

Is Radium Hot Springs expensive for British Columbia?

No: Radium Hot Springs’s census median is below the $720,000 of British Columbia’s towns.

How many households in Radium Hot Springs are in core housing need?

15% of Radium Hot Springs’s households, above the 10% of British Columbia’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.

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).