Photo: Buchanan-Hermit · Public domainHomes in Cloverdale are worth 39% more than the median of British Columbia’s towns
At the 2021 census the median home was worth $1,000,000, where British Columbia’s towns sit at $720,000. The median sale in 2023 was $810,000, across 14,620 buyers. Cloverdale doesn’t get its own sale prices, assessed values, values by property type and building permits figures; the ones here come from the city of Surrey.
Three ways to price a home in Cloverdale
Every figure here is compared within the province, against British Columbia’s towns, since each province assesses on its own terms. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $986K
- Owners
- 3,490
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $970K
- ÷ buyers’ income
- 6.1×
- Buyers
- 14,620
- 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).
On the assessment roll, Surrey’s houses sit at 2.1 times British Columbia’s towns
Assessors listed 157,375 residential properties in Surrey for 2024, 34% of them detached houses and 20% 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.
More need than most: 13% of households in Cloverdale (British Columbia’s towns: 10%)
Of the 4,720 homes people lived in across Cloverdale at the 2021 census, 42% were single-detached houses. The older half dates from before 2001. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Cloverdale | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 16% | 10% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 7% | 4% | 3% |
| Households in core housing need | 13% | 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.
29.4 new homes a year per 1,000 in Surrey: more than British Columbia’s towns (18.1)
Surrey issued permits for 31,037 new homes from 2018 to 2023, or about 5,173 a year. Apartments and other multi-unit buildings dominate: only 4% were single-unit, against 27% for British Columbia’s towns.
The busiest year: 2019, with 6,634 new homes
New homes a year per 1,000 homes
26,358 new homes in the 12 months to August 2026, down 11% on the year before
Source area for monthly permits: the Vancouver metro area
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.
Cloverdale is dearer than most of British Columbia’s towns: 39% above 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 Cloverdale: Clayton Heights and Aloha Estates
Next to Cloverdale: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Cloverdale | $1M | $986K | 74% | |
| Rosewood Park | $1.2M | $1.08M | 87% | 1.8 |
| Provinceton | $1M | $1.09M | 86% | 1.9 |
| Sunrise Estates | $1.6M | $1.36M | 74% | 2.2 |
| Surrey Centre | $1.05M | $1.12M | 81% | 2.5 |
| Clayton Heights | $800K | $993K | 75% | 2.8 |
| Aloha Estates | $650K | $776K | 70% | 2.8 |
Census 2021 values; km.
Questions about property prices in Cloverdale
Is Cloverdale expensive for British Columbia?
More than most: British Columbia’s towns have a median of $720,000, and Cloverdale sits above it.
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).