Photo: (WT-shared) Bulliver at wts wikivoyage · CC BY-SA 1.0The middle home in Summerland is valued at $650,000
It is the middle of what 4,060 owner households told the 2021 census. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since. In 2023, 390 homes changed hands at a median price of $736,000, by Statistics Canada’s count.
What Summerland’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.
median, owners’ estimate
- Average
- $714K
- Owners
- 4,060
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $790K
- ÷ buyers’ income
- 4.8×
- Buyers
- 390
- 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 Summerland is assessed at 2.5 times a condo
In 2024, Summerland had 4,620 residential properties on the roll, detached houses 72% of them and condos 10%.
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.
Summerland’s homes: when they went up and what they are
At the 2021 census, 72% of Summerland’s 5,080 occupied homes were single-detached houses. The older half dates from before 1981.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Summerland | 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 | 6% | 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 new homes a year per 1,000 in Summerland, against 18.1
Some 84 homes a year: 502 in all were permitted in Summerland from 2018 to 2023. The mix: 43% in single-unit buildings, beside 27% for British Columbia’s towns.
Most in 2019: 131 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.
Summerland against British Columbia’s towns: 10% under the $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 Summerland: Penticton
The places around Summerland at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Summerland | $650K | $714K | 82% | |
| Electoral Area F, Okanagan-Similkameen | $850K | $962K | 94% | 6.7 |
| Naramata | $900K | $1.02M | 85% | 7.5 |
| Penticton 1 | – | – | 89% | 14.8 |
| Penticton | $524K | $569K | 63% | 15 |
Census 2021 values; km.
Questions about property prices in Summerland
How many households in Summerland are in core housing need?
Below the norm for British Columbia’s towns (10%): 6% in Summerland, counting the households whose home falls short on cost, size or repair.
Is Summerland expensive for British Columbia?
Below the norm for British Columbia’s towns, whose median home is worth $720,000; Summerland’s is worth less.
What is the average house price in Summerland?
An average of $790,000 in 2023, with the median sale at 4.8 times the buyer’s 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).