Photo: Mangoandmay · CC BY-SA 4.0A home in Sicamous is worth 44% less than the middle of British Columbia’s towns
At the 2021 census the median home was worth $400,000, where British Columbia’s towns sit at $720,000. Statistics Canada counted 185 buyers in 2023, paying a median $519,000. Assessors valued the median residential property at $493,000 for 2024.
What Sicamous’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. No sale stands behind these values: owners named them at the census of May 2021.
median, owners’ estimate
- Average
- $413K
- Owners
- 995
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $510K
- ÷ buyers’ income
- 3.4×
- Buyers
- 185
- 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 Sicamous carry assessments 25% under the middle of British Columbia’s towns
Assessors listed 1,865 residential properties in Sicamous for 2024, 55% of them detached houses and 17% 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 Sicamous, by period and type
Sicamous had 1,245 occupied homes at the 2021 census, 64% of them single-detached houses. Half went up before 1981.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Sicamous | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 13% | 10% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 4% | 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.
Building at the pace of British Columbia’s towns: 17.2 new homes a year per 1,000 in Sicamous, against 18.1
Building permits added 122 homes in Sicamous between 2018 and 2023: some 20 a year. Houses dominate the permits, at 86% in single-unit buildings (British Columbia’s towns: 27%).
A peak in 2021: 31 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.
Sicamous is cheaper than most of British Columbia’s towns: 44% 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.
Home values around Sicamous
Next to Sicamous: 2021 census values and the share of owners. Sicamous has few close neighbours with figures, so the list reaches 9–29 km out.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Sicamous | $400K | $413K | 81% | |
| Electoral Area E, Columbia-Shuswap | $448K | $514K | 84% | 9.3 |
| Electoral Area F, North Okanagan | $600K | $616K | 84% | 22.2 |
| Salmon Arm | $500K | $542K | 78% | 24.4 |
| Blind Bay | $600K | $626K | 90% | 27.8 |
| Electoral Area F, Columbia-Shuswap | $420K | $522K | 90% | 28.9 |
Census 2021 values; km.
Questions about property prices in Sicamous
How many households in Sicamous are in core housing need?
Below the norm for British Columbia’s towns (10%): 4% in Sicamous, counting the households whose home falls short on cost, size or repair.
Is Sicamous expensive for British Columbia?
Below the norm for British Columbia’s towns, whose median home is worth $720,000; Sicamous’s is worth less.
What is the average house price in Sicamous?
The average sale was $510,000 in 2023, and at the median, buyers paid 3.4 times their income.
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).