Homes in Salmo are worth 53% less than the median of British Columbia’s towns
At the 2021 census the median home was worth $340,000, where British Columbia’s towns sit at $720,000. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. Statistics Canada counted 40 buyers in 2023, paying a median $447,000.
Salmo’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.
median, owners’ estimate
- Average
- $334K
- Owners
- 400
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $450K
- ÷ buyers’ income
- 3×
- Buyers
- 40
- British Columbia’s towns
- $682K
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).
Houses in Salmo carry assessments 48% under the middle of British Columbia’s towns
The 2024 assessment roll counts 455 homes in Salmo, detached houses 88% of them.
Median assessment by type, 2024 the tick is the median of British Columbia’s towns
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.
An older stock than most: 35% of Salmo’s homes go back before 1961 (British Columbia’s towns: 11%)
Of the 565 homes people lived in across Salmo at the 2021 census, 72% were single-detached houses.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Salmo | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 4% | 10% | 8% |
| Needing major repairs | 12% | 6% | 6% |
| Too small for the household | 4% | 4% | 3% |
| Households in core housing need | 12% | 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.
Permits in Salmo ran at 3.2 homes a year per 1,000, where British Columbia’s towns ran at 18.1
Salmo issued permits for 14 new homes from 2018 to 2023, or about 2 a year. Single-unit buildings took 67% of them, where British Columbia’s towns built 27%.
Most in 2018: 5 new homes
New homes a year per 1,000 homes
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.
Salmo is cheaper than most of British Columbia’s towns: 53% 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.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Salmo’s neighbours by home value
The places around Salmo at the 2021 census: median and average value, and how many own. Distances here run 8–29 km: that is how far the nearest places with figures are from Salmo.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Salmo | $340K | $334K | 72% | |
| Electoral Area G, Central Kootenay | $348K | $362K | 85% | 8 |
| Electoral Area A, Kootenay Boundary | $448K | $446K | 91% | 20.8 |
| Fruitvale | $360K | $366K | 81% | 21.4 |
| Montrose | $376K | $402K | 94% | 25.8 |
| Castlegar | $400K | $428K | 76% | 29 |
Census 2021 values; km.
Questions about property prices in Salmo
Is Salmo expensive for British Columbia?
Below the norm for British Columbia’s towns, whose median home is worth $720,000; Salmo’s is worth less.
What is the average house price in Salmo?
Homes sold for an average $450,000 in 2023; the median buyer paid 3 times their household income.
How many households in Salmo are in core housing need?
Statistics Canada puts 12% of Salmo’s households in core housing need, much as for British Columbia’s towns (10%).
Can I see individual sales or prices by street?
No. Canada has no open register of individual sales; Statistics Canada publishes medians and averages by town only.
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).