Photo: FedexPope · CC BY 3.0Buyers in Victoria pay 48% below the median sale of Manitoba’s towns
Census values for 2021: a median of $194,000 and an average of $210,000. The 2024 property assessment puts the median residential property at $119,000. Building permits in Victoria added about 3 homes a year from 2018 to 2023.
Three ways to price a home in Victoria
Three sources, each set against Manitoba’s towns only: provinces measure value differently, so they don’t line up across borders. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales.
median, owners’ estimate
- Average
- $210K
- Owners
- 345
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale price
- Average sale
- $119K
- ÷ buyers’ income
- 0.8×
- 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).
Victoria’s detached houses are assessed 40% below the median of Manitoba’s towns
Assessors listed 495 residential properties in Victoria for 2024, 89% of them detached houses.
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.
15% of Victoria’s households are in core housing need, against 7% for Manitoba’s towns
Victoria had 465 occupied homes at the 2021 census, 91% of them single-detached houses. Half went up before 1981.
Homes by period of construction the tick is the median of Manitoba’s towns
Homes by kind
| Victoria | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 5% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 5% | 5% | 3% |
| Households in core housing need | 15% | 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.
Victoria permitted 6 new homes a year per 1,000, below the 13.7 of Manitoba’s towns
Single-unit buildings took 64% of them, where Manitoba’s towns built 67%.
The busiest year: 2020, with 7 new homes
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.
Victoria is cheaper than most of Manitoba’s towns: 35% under their $300,000 median
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 Victoria: Lorne and Argyle
The places around Victoria at the 2021 census: median and average value, and how many own. The nearest places to Victoria with figures are 21–39 km away.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Victoria | $194K | $210K | 88% | |
| Norfolk-Treherne | $200K | $250K | 85% | 21.2 |
| Glenboro-South Cypress | $200K | $230K | 89% | 24.9 |
| Lorne | $150K | $188K | 84% | 34.1 |
| Carberry | $230K | $235K | 69% | 37.8 |
| Argyle | $140K | $184K | 85% | 38.6 |
Census 2021 values; km.
Questions about property prices in Victoria
What is the average house price in Victoria?
Homes sold for an average $119,000 in 2023; the median buyer paid 0.8 times their household income.
Is Victoria expensive for Manitoba?
Cheaper than the middle: Manitoba’s towns come to $300,000, Victoria to less.
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).