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Property prices in Ocean Park · Census 2021 and Statistics Canada

Homes in Ocean Park are worth 2.2 times the median of British Columbia’s towns

That is a median of $1,600,000 at the 2021 census, set beside $720,000 for British Columbia’s towns. Sales are published too: 14,620 buyers in 2023, at a median $810,000. Nobody publishes sale prices, assessed values, values by property type and building permits for Ocean Park alone, so this card uses the figure for the city of Surrey.

Median home value
$1.6M
owners’ estimate, census 2021
average $1.67M
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

Three ways to price a home in Ocean Park

Each source sits beside its own median for British Columbia’s towns; none compares across provinces, which value homes in their own ways. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch.

Census 2021$1.6M

median, owners’ estimate

Average
$1.67M
Owners
3,425
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

The homes of Ocean Park, by period and type

Ocean Park had 4,005 occupied homes at the 2021 census, 81% of them single-detached houses. The older half dates from before 2001. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.

When they were built

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

Before 19613%
1961–198019%
1981–200062%
2001–20158%
2016–20215%
What kind of home

Homes by kind

Single-detached houses81%
Semi-detached houses3%
Row houses5%
Flats in a duplex5%
Apartments, under 5 storeys6%
Movable dwellingsunder 1%
Against the median town of the province and of Canada
Ocean ParkBritish ColumbiaCanada
Condominiums11%10%8%
Needing major repairs3%6%6%
Too small for the household1%4%3%
Households in core housing need7%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

Surrey permitted 29.4 new homes a year per 1,000, above the 18.1 of British Columbia’s towns

From 2018 to 2023, permits in Surrey created 31,037 homes, about 5,173 a year. Apartments and other multi-unit buildings dominate: only 4% were single-unit, against 27% for British Columbia’s towns.

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

Down 11%: 26,358 new homes in the year to August 2026

010,00020,00030,00040,00020212022202320242025

Measured across the Vancouver 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.

Across British Columbia

Ocean Park against British Columbia’s towns: 122% over the $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 Ocean Park: White Rock, South Surrey and Semiahmoo Town Centre

Next to Ocean Park: 2021 census values and the share of owners.

Crescent HeightsWhite RockSouth SurreySemiahmoo Town CentreSunnysideAnderson WalkCrescent HeightsWhite RockSouth SurreySemiahmoo Town CentreSunnysideAnderson WalkOcean Park
Prices next door
TownMedian home valueAverageOwnerskm
Ocean Park$1.6M$1.67M86%
Crescent Heights$1.8M$2.15M78%1.7
White Rock$900K$1.14M65%3.9
South Surrey$1.2M$1.41M84%3.9
Semiahmoo Town Centre$880K$933K75%4.1
Sunnyside$785K$869K79%4.9
Anderson Walk$695K$1.06M74%5

Census 2021 values; km.

Questions about property prices in Ocean Park

Is Ocean Park expensive for British Columbia?

Yes: Ocean Park’s census median is above the $720,000 of British Columbia’s towns.

How many households in Ocean Park are in core housing need?

In Ocean Park, 7% of households are in core housing need, against 10% for British Columbia’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.

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).