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Property prices in Winnipeg · Census 2021 and Statistics Canada

Winnipeg’s median sale runs 51% higher than across Manitoba’s towns

Going by owners’ own estimates in 2021, the typical home is worth $340,000, the average one $364,000. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales. The 2024 property assessment puts the median residential property at $317,000.

Median home value
$340K
owners’ estimate, census 2021
average $364K
Median sale price
$374K
CHSP, 2023
14,740 buyers
Median assessed value
$317K
all residential, 2024
New homes a year
4,903
permits, 2018–2023
16.9 per 1,000 homes
What homes are worth

Winnipeg’s homes, by three sources

Each source sits beside its own median for Manitoba’s towns; none compares across provinces, which value homes in their own ways.

Census 2021$340K

median, owners’ estimate

Average
$364K
Owners
189,560
Manitoba’s towns
$300K
The typical Canadian town
$406K
Sales, 2023$374K

median sale price

Average sale
$400K
÷ buyers’ income
3×
Buyers
14,740
Manitoba’s towns
$248K
Assessed, 2024$317K

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).

By type of home

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.

Assessed value

Median assessment by type, 2024 the tick is the median of Manitoba’s towns

Detached houses$335K
Semi-detached$249K
Row houses$230K
Condos$209K
Multi-unit properties$363K
The mix of properties
Detached houses79%
Condos12%
Semi-detached4%
Multi-unit properties4%
Row houses1%
2,170 sq ft
living area of the median detached house (Manitoba’s towns: 1,670 sq ft)
990 sq ft
living area of the median condo
82%
of properties lived in by their owner

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

More apartments than most: 33% of the homes in Winnipeg (Manitoba’s towns: 16%)

People lived in 300,430 homes in Winnipeg at the 2021 census. The older half dates from before 1981.

When they were built

Homes by period of construction the tick is the median of Manitoba’s towns

Before 196131%
1961–198031%
1981–200019%
2001–201512%
2016–20217%
What kind of home

Homes by kind

Single-detached houses58%
Semi-detached houses4%
Row houses4%
Flats in a duplex2%
Apartments, under 5 storeys19%
Apartments, 5+ storeys14%
Against the median town of the province and of Canada
WinnipegManitobaCanada
Condominiums10%5%8%
Needing major repairs7%6%6%
Too small for the household8%5%3%
Households in core housing need12%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.

New homes

Winnipeg permitted 16.9 new homes a year per 1,000, close to the 13.7 of Manitoba’s towns

Building permits added 29,417 homes in Winnipeg between 2018 and 2023: some 4,903 a year. About 23% went into single-unit buildings, where Manitoba’s towns built 67%. Winnipeg doesn’t get its own monthly permits figures; the ones here come from the Winnipeg metro area.

Permits by year, 2018–2023

The busiest year: 2021, with 6,147 new homes

Single-unit buildingsTwo or more units
02,0004,0006,0008,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Winnipeg16.9
Manitoba’s towns13.7
The typical Canadian town13.8
$1,069M
of new residential construction a year, 2019–2023
The metro area

Up 34%: 7,667 new homes in the year to August 2026

02,0004,0006,0008,00020212022202320242025

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.

Across Manitoba

Winnipeg is 13% above 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.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Winnipeg: River-Osborne, Broadway-Assiniboine and Roslyn

Next to Winnipeg: 2021 census values and the share of owners.

River-OsborneBroadway-AssiniboineRoslynSouth PortageWest BroadwayMcMillanRiver-OsborneBroadway-AssiniboineRoslynSouth PortageWest BroadwayMcMillanWinnipeg
Prices next door
TownMedian home valueAverageOwnerskm
Winnipeg$340K$364K63%
River-Osborne$250K$274K12%0.3
Broadway-Assiniboine$170K$215K7%0.6
Roslyn$180K$302K31%0.7
South Portage–$280K2%1
West Broadway$250K$297K7%1
McMillan$300K$366K34%1.1

Census 2021 values; km.

Questions about property prices in Winnipeg

How many households in Winnipeg are in core housing need?

12% of Winnipeg’s households, above the 7% of Manitoba’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.

What is the average house price in Winnipeg?

The average sale was $400,000 in 2023, and at the median, buyers paid 3 times their income.

Is Winnipeg expensive for Manitoba?

More than most: Manitoba’s towns have a median of $300,000, and Winnipeg sits above it.

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).