Photo: Sidney Museum · CC BY-SA 3.0Apartments make up 33% of the homes in Sidney, where British Columbia’s towns have 12%
The middle home was worth $750,000 at the 2021 census, the average $798,000. Sales are published too: 520 buyers in 2023, at a median $850,000. On the 2024 assessment, the middle residential property is valued at $869,000.
What Sidney’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
- $798K
- Owners
- 4,595
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $920K
- ÷ buyers’ income
- 5.7×
- Buyers
- 520
- 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 Sidney is assessed 27% higher than across British Columbia’s towns
Condos account for 32% of the 5,800 properties on Sidney’s 2024 roll.
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.
Condominiums are 34% of Sidney’s homes, against 10% for British Columbia’s towns
At the 2021 census, Sidney had 5,980 homes with someone living in them. At least half predate 2001.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Sidney | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 34% | 10% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 2% | 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.
21.3 new homes a year per 1,000 in Sidney: in step with British Columbia’s towns (18.1)
Building permits added 748 homes in Sidney between 2018 and 2023: some 125 a year. Very few were houses: 6% in single-unit buildings (British Columbia’s towns: 27%).
The busiest year: 2020, with 233 new homes
New homes a year per 1,000 homes
4,220 new homes in the 12 months to August 2026, down 5% on the year before
Shared with the rest of the Victoria metro area: monthly permits
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.
Sidney sits close to the $720,000 median of British Columbia’s towns
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.
Sidney’s neighbours by home value
Next to Sidney: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Sidney | $750K | $798K | 77% | |
| North Saanich | $1.2M | $1.32M | 88% | 2.4 |
| East Saanich 2 | – | – | 87% | 7.4 |
| Central Saanich | $900K | $973K | 80% | 9.4 |
| Electoral Area A, Cowichan Valley | $800K | $814K | 88% | 11.2 |
| Cobble Hill | $750K | $776K | 89% | 13.4 |
| Highlands | $1M | $1.14M | 89% | 15.5 |
Census 2021 values; km.
Questions about property prices in Sidney
What is the average house price in Sidney?
The average sale was $920,000 in 2023, and at the median, buyers paid 5.7 times their income.
How many households in Sidney are in core housing need?
About as many as elsewhere: 12% of households in Sidney, where British Columbia’s towns sit at 10%.
Is Sidney expensive for British Columbia?
In the middle: British Columbia’s towns come to $720,000, and so, near enough, does Sidney.
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).