Photo: Svhartje · CC BY-SA 3.0For every 1,000 homes, Swan River permitted only 2.7 new ones a year; Manitoba’s towns permitted 13.7
Asked in 2021, owners gave a median value of $200,000; averaged, their homes came to $214,800. Sales are published too: 115 buyers in 2023, at a median $180,000. For 2024, the median assessed value of a residential property is $153,000.
What Swan River’s homes are worth, three ways
Each source sits beside its own median for Manitoba’s towns; none compares across provinces, which value homes in their own ways. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ.
median, owners’ estimate
- Average
- $215K
- Owners
- 1,070
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $179K
- ÷ buyers’ income
- 1.5×
- Buyers
- 115
- Manitoba’s towns
- $248K
all residential
- Manitoba’s towns
- $201K
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 Swan River carry assessments 25% under the middle of Manitoba’s towns
Detached houses account for 88% of the 1,470 properties on Swan River’s 2024 roll.
Median assessment by type, 2024 the tick is the median of Manitoba’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 Manitoba’s towns with their own figure; assessments compare within a province only.
The homes of Swan River, by period and type
1,825 occupied homes stood in Swan River in 2021, and single-detached houses made up 67% of them. At least half predate 1981.
Homes by period of construction the tick is the median of Manitoba’s towns
Homes by kind
| Swan River | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | 8% | 5% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 5% | 5% | 3% |
| Households in core housing need | 6% | 7% | 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.
The peak came in 2018, when Swan River permitted 11 new homes
From 2018 to 2023, permits in Swan River created 36 homes, about 6 a year. 80% were single-unit buildings, beside 67% for Manitoba’s towns.
New homes a year per 1,000 homes
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.
Swan River is cheaper than most of Manitoba’s towns: 33% under their $300,000 median
188 of Manitoba’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 Swan River: Minitonas-Bowsman
Next to Swan River: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Swan River | $200K | $215K | 59% | |
| Minitonas-Bowsman | $150K | $179K | 79% | 15.9 |
| Swan Valley West | $200K | $217K | 92% | 16.3 |
Census 2021 values; km.
Questions about property prices in Swan River
Is Swan River expensive for Manitoba?
Less than most: Manitoba’s towns have a median of $300,000, and Swan River sits below it.
What is the average house price in Swan River?
Homes sold for an average $179,000 in 2023; the median buyer paid 1.5 times their household income.
How many households in Swan River are in core housing need?
About as many as elsewhere: 6% of households in Swan River, where Manitoba’s towns sit at 7%.
Can I see individual sales or prices by street?
No. Sales are published as town figures (median, average, buyers); street-level or single sales aren’t released.
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).