Photo: Canmenwalker · CC BY 4.0Homes in Riley Park are worth 2.8 times the median of British Columbia’s towns
In figures: $2,000,000 for the median home in 2021, $720,000 for the middle of British Columbia’s towns. Sales are published too: 10,140 buyers in 2023, at a median $1,100,000. Riley Park shares its sale prices, assessed values, values by property type and building permits numbers with the rest of the city of Vancouver.
Riley Park’s homes, by three sources
Each source sits beside its own median for British Columbia’s towns; none compares across provinces, which value homes in their own ways. No sale stands behind these values: owners named them at the census of May 2021.
median, owners’ estimate
- Average
- $2.02M
- Owners
- 5,515
- 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).
On the assessment roll, Vancouver’s houses sit at 3.4 times 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.
Before 1961: 35% of the homes in Riley Park, where British Columbia’s towns have 11%
Of the 9,700 homes people lived in across Riley Park at the 2021 census, 36% were flats in a duplex. 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
| Riley Park | British Columbia | Canada | |
|---|---|---|---|
| Condominiums | 20% | 10% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 5% | 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.
Permits in Vancouver ran at 19 homes a year per 1,000, near the 18.1 of British Columbia’s towns
Some 6,111 homes a year: 36,663 in all were permitted in Vancouver from 2018 to 2023. Apartments and other multi-unit buildings dominate: only 9% were single-unit, against 27% for British Columbia’s towns.
The busiest year: 2022, with 8,052 new homes
New homes a year per 1,000 homes
Down 11%: 26,358 new homes in the year to August 2026
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. · Area behind the monthly permits figures: the Vancouver metro area
Riley Park is dearer than most of British Columbia’s towns: 178% 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 Riley Park: South Cambie, Little Saigon and Mount Pleasant
The places around Riley Park at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Riley Park | $2M | $2.02M | 57% | |
| South Cambie | $1.45M | $2.08M | 58% | 1 |
| Little Saigon | $1.51M | $1.49M | 55% | 1.7 |
| Mount Pleasant | $850K | $1.08M | 40% | 1.9 |
| Shaughnessy | $5M | $5.31M | 73% | 2.3 |
| Kensington-Cedar Cottage | $1.51M | $1.54M | 55% | 2.5 |
| Oakridge | $2.9M | $2.76M | 57% | 2.6 |
Census 2021 values; km.
Questions about property prices in Riley Park
Is Riley Park expensive for British Columbia?
Dearer than the middle: British Columbia’s towns come to $720,000, Riley Park to more.
How many households in Riley Park are in core housing need?
About as many as elsewhere: 13% of households in Riley Park, 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).