Photo: Herb Neufeld · CC BY 2.0A home in Centennial is worth 40% less than the middle of Manitoba’s towns
At the 2021 census the median home was worth $180,000, where Manitoba’s towns sit at $300,000. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since. Sales are published too: 14,740 buyers in 2023, at a median $374,000. Nobody publishes sale prices, assessed values, values by property type and building permits for Centennial alone, so this card uses the figure for the city of Winnipeg.
What Centennial’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.
median, owners’ estimate
- Average
- $206K
- Owners
- 300
- Manitoba’s towns
- $300K
- The typical Canadian town
- $406K
median sale, wider area
- Average sale
- $400K
- ÷ buyers’ income
- 3×
- Buyers
- 14,740
- 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).
Winnipeg’s detached houses are assessed 51% above the median of Manitoba’s towns
Assessors listed 222,340 residential properties in Winnipeg for 2024, 79% of them detached houses and 12% condos.
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.
More apartments than most: 66% of the homes in Centennial (Manitoba’s towns: 16%)
People lived in 1,620 homes in Centennial at the 2021 census. At least half predate 1981. 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 Manitoba’s towns
Homes by kind
| Centennial | Manitoba | Canada | |
|---|---|---|---|
| Condominiums | 6% | 5% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | 16% | 5% | 3% |
| Households in core housing need | 26% | 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.
Winnipeg permitted 16.9 new homes a year per 1,000, close to the 13.7 of Manitoba’s towns
Over 2018–2023, 29,417 homes were permitted in Winnipeg, close to 4,903 each year. Single-unit buildings took 23%, the rest buildings of two or more, against 67% for Manitoba’s towns.
Most in 2021: 6,147 new homes
New homes a year per 1,000 homes
Up 34%: 7,667 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. · Monthly permits: the Winnipeg metro area
Centennial is 40% below the $300,000 median of Manitoba’s towns
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.
Home values around Centennial
Next to Centennial: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Centennial | $180K | $206K | 18% | |
| West Alexander | $200K | $196K | 35% | 0.6 |
| Central Park | $240K | $264K | 4% | 0.9 |
| Spence | $214K | $231K | 16% | 1.1 |
| William Whyte | $180K | $196K | 36% | 1.4 |
| South Portage | – | $280K | 2% | 1.4 |
| North Point Douglas | $196K | $188K | 37% | 1.5 |
Census 2021 values; km.
Questions about property prices in Centennial
How many households in Centennial are in core housing need?
Above the norm for Manitoba’s towns (7%): 26% in Centennial, counting the households whose home falls short on cost, size or repair.
Is Centennial expensive for Manitoba?
No: Centennial’s census median is below the $300,000 of Manitoba’s towns.
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).