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Property prices in Morgan Creek · Census 2021 and Statistics Canada

Owners in Morgan Creek value their homes at 2.1 times the median of British Columbia’s towns

The 2021 census gives $1,510,000 as the median value; British Columbia’s towns come to $720,000. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. In 2023, 14,620 homes changed hands at a median price of $810,000, by Statistics Canada’s count. Behind sale prices, assessed values, values by property type and building permits sits data gathered across the city of Surrey, with Morgan Creek one part of it.

Median home value
$1.51M
owners’ estimate, census 2021
average $1.51M
Median sale price
$810K
CHSP, 2023
Median assessed value
$1.31M
all residential, 2024
New homes a year
5,173
permits, 2018–2023
29.4 per 1,000 homes
What homes are worth

What Morgan Creek’s homes are worth, three ways

Three sources, each set against British Columbia’s towns only: provinces measure value differently, so they don’t line up across borders.

Census 2021$1.51M

median, owners’ estimate

Average
$1.51M
Owners
2,465
British Columbia’s towns
$720K
The typical Canadian town
$406K
Sales, 2023$810K

median sale, wider area

Average sale
$970K
÷ buyers’ income
6.1×
Buyers
14,620
British Columbia’s towns
$682K
Assessed, 2024$1.31M

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, Surrey’s houses sit at 2.1 times British Columbia’s towns

Of Surrey’s 157,375 residential properties on the 2024 roll, 34% are detached houses and 20% are condos.

Assessed value

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

Detached houses$1.6M
Row houses$862K
Condos$530K
Multi-unit properties$1.66M
The mix of properties
Detached houses34%
Row houses24%
Condos20%
Multi-unit properties20%
2,540 sq ft
living area of the median detached house (British Columbia’s towns: 1,890 sq ft)
802 sq ft
living area of the median condo
79%
of properties lived in by their owner

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

73% of Morgan Creek’s homes are from 2001 or later, against 24% for British Columbia’s towns

Of the 2,725 homes people lived in across Morgan Creek at the 2021 census, 55% were single-detached houses. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.

When they were built

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

Before 1961under 1%
1961–1980under 1%
1981–200024%
2001–201571%
2016–20213%
What kind of home

Homes by kind

Single-detached houses55%
Semi-detached houses10%
Row houses31%
Flats in a duplex4%
Apartments, under 5 storeys1%
Movable dwellingsunder 1%
Against the median town of the province and of Canada
Morgan CreekBritish ColumbiaCanada
Condominiums18%10%8%
Needing major repairs1%6%6%
Too small for the household2%4%3%
Households in core housing need6%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 Surrey ran at 29.4 homes a year per 1,000, where British Columbia’s towns ran at 18.1

Surrey issued permits for 31,037 new homes from 2018 to 2023, or about 5,173 a year. Multi-unit buildings took most: single-unit ones were just 4%, where British Columbia’s towns built 27%.

Permits by year, 2018–2023

Most in 2019: 6,634 new homes

Single-unit buildingsTwo or more units
02,0004,0006,0008,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Surrey29.4
British Columbia’s towns18.1
The typical Canadian town13.8
$1,397M
of new residential construction a year, 2019–2023
The metro area

26,358 new homes in the 12 months to August 2026, down 11% on the year before

010,00020,00030,00040,00020212022202320242025

Area-wide: monthly permits, counted over 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.

Across British Columbia

Morgan Creek is dearer than most of British Columbia’s towns: 110% above their $720,000 median

254 of British Columbia’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

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

Lower values near Morgan Creek: Anderson Walk, South Surrey and Sunnyside

The places around Morgan Creek at the 2021 census: median and average value, and how many own.

Anderson WalkSouth SurreySunnysideGrandviewSemiahmoo Town CentreWhite RockAnderson WalkSouth SurreySunnysideGrandviewSemiahmoo Town CentreWhite RockMorgan Creek
Prices next door
TownMedian home valueAverageOwnerskm
Morgan Creek$1.51M$1.51M91%
Anderson Walk$695K$1.06M74%0.8
South Surrey$1.2M$1.41M84%1.7
Sunnyside$785K$869K79%2.1
Grandview$1.3M$1.46M79%3.3
Semiahmoo Town Centre$880K$933K75%3.7
White Rock$900K$1.14M65%4.6

Census 2021 values; km.

Questions about property prices in Morgan Creek

Is Morgan Creek expensive for British Columbia?

On census values, Morgan Creek ranks among the dearer of British Columbia’s towns (median $720,000).

How many households in Morgan Creek are in core housing need?

Fewer than most: 6% of households in Morgan Creek, where British Columbia’s towns sit at 10%.

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).