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Sparwood, BC V0B, Canada - panoramioPhoto: Rod Lafond · CC BY 3.0
A−Cost of living Grade
Property prices in Sparwood · Census 2021 and Statistics Canada

Owners in Sparwood value their homes 54% below the median of British Columbia’s towns

Owners put the median home at $332,000 at the 2021 census; for British Columbia’s towns the median is $720,000. The median sale in 2023 was $425,000, across 160 buyers. The 2024 property assessment puts the median residential property at $411,000.

Median home value
$332K
owners’ estimate, census 2021
average $338K
Median sale price
$425K
CHSP, 2023
160 buyers
Median assessed value
$411K
all residential, 2024
New homes a year
26
permits, 2018–2023
16.1 per 1,000 homes
What homes are worth

Sparwood’s homes, by three sources

Three sources, each set against British Columbia’s towns only: provinces measure value differently, so they don’t line up across borders. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up.

Census 2021$332K

median, owners’ estimate

Average
$338K
Owners
1,300
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$425K

median sale price

Average sale
$410K
÷ buyers’ income
2.5×
Buyers
160
British Columbia’s towns
$682K
Assessed, 2024$411K

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

On the assessment roll, Sparwood’s houses sit 36% below British Columbia’s towns

Detached houses account for 62% of the 1,550 properties on Sparwood’s 2024 roll; condos for 21%.

Assessed value

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

Detached houses$483K
Condos$139K
Mobile homes$230K
Multi-unit properties$311K
The mix of properties
Detached houses62%
Condos21%
Multi-unit properties12%
Mobile homes5%
1,870 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
788 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

The homes of Sparwood, by period and type

Sparwood had 1,815 occupied homes at the 2021 census, 55% of them single-detached houses. Half went up before 1981.

When they were built

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

Before 19617%
1961–198048%
1981–200023%
2001–201517%
2016–20215%
What kind of home

Homes by kind

Single-detached houses55%
Semi-detached houses6%
Row houses8%
Flats in a duplexunder 1%
Apartments, under 5 storeys12%
Movable dwellings18%
Against the median town of the province and of Canada
SparwoodBritish ColumbiaCanada
Condominiums16%10%8%
Needing major repairs4%6%6%
Too small for the household2%4%3%
Households in core housing need5%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

Permits in Sparwood ran at 16.1 homes a year per 1,000, near the 18.1 of British Columbia’s towns

Sparwood issued permits for 155 new homes from 2018 to 2023, or about 26 a year. Single-unit buildings took 52% of them, where British Columbia’s towns built 27%.

Permits by year, 2018–2023

The busiest year: 2022, with 60 new homes

Single-unit buildingsTwo or more units
0204060201820192020202120222023
The pace

New homes a year per 1,000 homes

Sparwood16.1
British Columbia’s towns18.1
The typical Canadian town13.8
$7.99M
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

Sparwood is cheaper than most of British Columbia’s towns: 54% under their $720,000 median

The census values of British Columbia’s towns, 254 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

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

Cheaper next to Sparwood: Elkford and Crowsnest Pass

The places around Sparwood at the 2021 census: median and average value, and how many own. No closer places have figures: these lie 18–34 km from Sparwood.

Electoral Area A, East KootenayFernieElkfordCrowsnest PassElectoral Area A, East KootenayFernieElkfordCrowsnest PassSparwood
Prices next door
TownMedian home valueAverageOwnerskm
Sparwood$332K$338K72%
Electoral Area A, East Kootenay$500K$563K88%17.9
Fernie$645K$643K72%28.6
Elkford$300K$308K84%31.4
Crowsnest Pass$300K$320K85%34.4

Census 2021 values; km.

Questions about property prices in Sparwood

Is Sparwood expensive for British Columbia?

Cheaper than the middle: British Columbia’s towns come to $720,000, Sparwood to less.

What is the average house price in Sparwood?

Homes sold for an average $410,000 in 2023; the median buyer paid 2.5 times their household income.

How many households in Sparwood are in core housing need?

Statistics Canada puts 5% of Sparwood’s households in core housing need, a smaller share than the 10% of British Columbia’s towns.

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).