Photo: The Interior · CC BY-SA 4.0A home in Salmon Arm is worth 31% less than the middle of British Columbia’s towns
At the 2021 census the median home was worth $500,000, where British Columbia’s towns sit at $720,000. Statistics Canada counted 605 buyers in 2023, paying a median $627,000. On the 2024 assessment, the middle residential property is valued at $641,000.
What Salmon Arm’s homes are worth, three ways
Each source sits beside its own median for British Columbia’s towns; none compares across provinces, which value homes in their own ways. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since.
median, owners’ estimate
- Average
- $542K
- Owners
- 6,180
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $640K
- ÷ buyers’ income
- 4.6×
- Buyers
- 605
- 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).
A detached house in Salmon Arm is assessed at 2.2 times a condo
Assessors listed 6,615 residential properties in Salmon Arm for 2024, 65% of them detached houses and 8% condos.
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.
The homes of Salmon Arm, by period and type
The 2021 census counted 8,105 occupied homes in Salmon Arm; 62% of them are single-detached houses. The older half dates from before 2001.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Salmon Arm | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 13% | 10% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 7% | 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.
Salmon Arm permitted 17.7 new homes a year per 1,000, close to the 18.1 of British Columbia’s towns
Some 149 homes a year: 896 in all were permitted in Salmon Arm from 2018 to 2023. Single-unit buildings took 43%, the rest buildings of two or more, against 27% for British Columbia’s towns.
A peak in 2019: 202 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.
Salmon Arm is cheaper than most of British Columbia’s towns: 31% under their $720,000 median
The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Salmon Arm: Enderby
The places around Salmon Arm at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Salmon Arm | $500K | $542K | 78% | |
| Electoral Area F, North Okanagan | $600K | $616K | 84% | 12.7 |
| Enderby | $400K | $420K | 74% | 18.4 |
| Blind Bay | $600K | $626K | 90% | 18.8 |
Census 2021 values; km.
Questions about property prices in Salmon Arm
Is Salmon Arm expensive for British Columbia?
No: Salmon Arm’s census median is below the $720,000 of British Columbia’s towns.
How many households in Salmon Arm are in core housing need?
Fewer than most: 7% of households in Salmon Arm, where British Columbia’s towns sit at 10%.
What is the average house price in Salmon Arm?
Homes sold for an average $640,000 in 2023; the median buyer paid 4.6 times their household income.
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 · 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).