Photo: formulanone · CC BY-SA 2.0Owners in Marpole value their homes at 2.5 times the median of British Columbia’s towns
At the 2021 census the median home was worth $1,800,000, where British Columbia’s towns sit at $720,000. The median sale in 2023 was $1,100,000, across 10,140 buyers. Nobody publishes sale prices, assessed values, values by property type and building permits for Marpole alone, so this card uses the figure for the city of Vancouver.
Marpole’s homes, by three sources
Every figure here is compared within the province, against British Columbia’s towns, since each province assesses on its own terms. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales.
median, owners’ estimate
- Average
- $1.81M
- Owners
- 5,285
- 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).
Houses in Vancouver carry 3.4 times the assessment of the median for British Columbia’s towns
Assessors listed 203,470 residential properties in Vancouver for 2024, 52% of them 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 apartments than most: 61% of the homes in Marpole (British Columbia’s towns: 12%)
The 2021 census counted 12,860 occupied homes in Marpole. 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.
Homes by period of construction the tick is the median of British Columbia’s towns
Homes by kind
| Marpole | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 31% | 10% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 10% | 4% | 3% |
| Households in core housing need | 25% | 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
From 2018 to 2023, permits in Vancouver created 36,663 homes, about 6,111 a year. Apartments and other multi-unit buildings dominate: only 9% were single-unit, against 27% for British Columbia’s towns.
Most in 2022: 8,052 new homes
New homes a year per 1,000 homes
Slowing: 26,358 new homes in the 12 months to August 2026, 11% fewer
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. · Monthly permits published for the Vancouver metro area, not by town
Marpole against British Columbia’s towns: 150% over 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 Marpole: Sunset and South Cambie
Next to Marpole: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Marpole | $1.8M | $1.81M | 41% | |
| Oakridge | $2.9M | $2.76M | 57% | 1.8 |
| Sunset | $1.7M | $1.76M | 51% | 2.8 |
| Kerrisdale | $3.02M | $3.38M | 59% | 2.9 |
| Shaughnessy | $5M | $5.31M | 73% | 3.7 |
| South Cambie | $1.45M | $2.08M | 58% | 4.1 |
| Riley Park | $2M | $2.02M | 57% | 4.3 |
Census 2021 values; km.
Questions about property prices in Marpole
Is Marpole expensive for British Columbia?
Yes: Marpole’s census median is above the $720,000 of British Columbia’s towns.
How many households in Marpole are in core housing need?
More than most: 25% of households in Marpole, where British Columbia’s towns sit at 10%.
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).