Photo: Krazytea · CC BY-SA 4.0New building in Teulon runs at 3.2 homes a year per 1,000, well under 13.7 for Manitoba’s towns
A median of $250,000 and a mean of $271,000: that is how owners valued their homes in 2021. Statistics Canada counted 25 buyers in 2023, paying a median $230,000. The 2024 property assessment puts the median residential property at $166,000.
Three ways to price a home in Teulon
Three sources, each set against Manitoba’s towns only: provinces measure value differently, so they don’t line up across borders. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since.
median, owners’ estimate
- Average
- $271K
- Owners
- 425
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $250K
- ÷ buyers’ income
- 2.2×
- Buyers
- 25
- 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).
On the assessment roll, Teulon’s houses sit 13% below Manitoba’s towns
The 2024 assessment roll counts 490 homes in Teulon, detached houses 83% of them.
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.
How Teulon’s homes break down, by age and kind
Teulon had 545 occupied homes at the 2021 census, 77% of them single-detached houses. Half or more were standing by 1980.
Homes by period of construction the tick is the median of Manitoba’s towns
Homes by kind
| Teulon | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | 4% | 5% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 2% | 5% | 3% |
| Households in core housing need | 8% | 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.
2019 was the year Teulon built most: 3 new homes permitted
Teulon issued permits for 9 new homes from 2018 to 2023, or about 2 a year. 100% were single-unit buildings, beside 67% for Manitoba’s towns.
A year with no report is left out.
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.
Teulon is 17% below the $300,000 median of Manitoba’s towns
The census values of Manitoba’s towns, 188 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 Teulon: Armstrong and Winnipeg Beach
Next to Teulon: 2021 census values and the share of owners. No closer places have figures: these lie 19–28 km from Teulon.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Teulon | $250K | $271K | 77% | |
| Armstrong | $174K | $213K | 92% | 18.6 |
| Stony Mountain | $348K | $364K | 93% | 19.8 |
| Dunnottar | $250K | $256K | 93% | 23 |
| Winnipeg Beach | $220K | $242K | 82% | 23.7 |
| Stonewall | $376K | $377K | 74% | 28.1 |
Census 2021 values; km.
Questions about property prices in Teulon
Is Teulon expensive for Manitoba?
Below the norm for Manitoba’s towns, whose median home is worth $300,000; Teulon’s is worth less.
How many households in Teulon are in core housing need?
Statistics Canada puts 8% of Teulon’s households in core housing need, much as for Manitoba’s towns (7%).
What is the average house price in Teulon?
The average sale was $250,000 in 2023, and at the median, buyers paid 2.2 times 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).