Photo: Canmenwalker · CC BY 4.0In Killarney, the average home is worth 45% more than the median one
Asked in 2021, owners gave a median value of $850,000; averaged, their homes came to $1,234,942. Sales are published too: 10,140 buyers in 2023, at a median $1,100,000. Nobody publishes sale prices, assessed values, values by property type and building permits for Killarney alone, so this card uses the figure for the city of Vancouver.
Three ways to price a home in Killarney
Three sources, each set against British Columbia’s towns only: provinces measure value differently, so they don’t line up across borders. The values date from May 2021 and are what owners thought their homes were worth, not sale prices.
median, owners’ estimate
- Average
- $1.23M
- Owners
- 7,095
- British Columbia’s towns
- $720K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $1.47M
- ÷ buyers’ income
- 6.5×
- Buyers
- 10,140
- 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 Vancouver is assessed at 3.4 times the middle of British Columbia’s towns
Condos account for 52% of the 203,470 properties on Vancouver’s 2024 roll.
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 apartments than most: 35% of the homes in Killarney (British Columbia’s towns: 12%)
The 2021 census counted 12,520 occupied homes in Killarney. Half or more were standing by 2000. 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
| Killarney | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 32% | 10% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 6% | 4% | 3% |
| Households in core housing need | 15% | 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: 19 new homes a year per 1,000 in Vancouver, against 18.1
Building permits added 36,663 homes in Vancouver between 2018 and 2023: some 6,111 a year. Only 9% went into single-unit buildings, beside 27% for British Columbia’s towns.
Most in 2022: 8,052 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
The monthly permits numbers here cover 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.
Killarney is dearer than most of British Columbia’s towns: 18% 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.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Killarney: Collingwood and Metrotown
The places around Killarney at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Killarney | $850K | $1.23M | 57% | |
| Collingwood | $560K | $961K | 54% | 2 |
| Victoria-Fraserview | $1.7M | $1.68M | 59% | 2.1 |
| Norquay Village | $1.5M | $1.4M | 58% | 2.5 |
| Metrotown | $750K | $838K | 49% | 2.7 |
| South Slope | $1.6M | $1.65M | 66% | 2.8 |
| Garden Village | $1.7M | $1.74M | 64% | 2.9 |
Census 2021 values; km.
Questions about property prices in Killarney
How many households in Killarney are in core housing need?
In Killarney, 15% of households are in core housing need, against 10% for British Columbia’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.
Is Killarney expensive for British Columbia?
On census values, Killarney ranks among the dearer of British Columbia’s towns (median $720,000).
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).