Photo: Quintin Soloviev · CC BY 4.0Little is being built in Labrador City: 1.6 new homes a year per 1,000, against 6.1 for Newfoundland and Labrador’s towns
Census values for 2021: a median of $300,000 and an average of $296,000. No sale stands behind these values: owners named them at the census of May 2021. Statistics Canada’s housing statistics carry no sale prices in Newfoundland and Labrador; the census value stands in for Labrador City.
Labrador City’s homes, by two sources
Each source sits beside its own median for Newfoundland and Labrador’s towns; none compares across provinces, which value homes in their own ways.
median, owners’ estimate
- Average
- $296K
- Owners
- 2,380
- Newfoundland and Labrador’s towns
- $215K
- The typical Canadian town
- $406K
all residential
- Properties
- 2,940
- Newfoundland and Labrador’s towns
- $173K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
How Labrador City’s homes break down, by age and kind
The 2021 census counted 3,070 occupied homes in Labrador City; 51% of them are single-detached houses. Half went up before 1981.
Homes by period of construction the tick is the median of Newfoundland and Labrador’s towns
Homes by kind
| Labrador City | Newfoundland and Labrador | Canada | |
|---|---|---|---|
| Condominiums | 1% | 2% | 8% |
| Needing major repairs | 6% | 5% | 6% |
| Too small for the household | 2% | 1% | 3% |
| Households in core housing need | 2% | 6% | 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 2023, when Labrador City permitted 13 new homes
Some 4 homes a year: 26 in all were permitted in Labrador City from 2018 to 2023. Most were houses: 72% went into single-unit buildings, against 83% for Newfoundland and Labrador’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.
Labrador City is dearer than most of Newfoundland and Labrador’s towns: 40% above their $215,000 median
32 of Newfoundland and Labrador’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 Labrador City: Wabush and Fermont
Next to Labrador City: 2021 census values and the share of owners. Distances here run 6–20 km: that is how far the nearest places with figures are from Labrador City.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Labrador City | $300K | $296K | 78% | |
| Wabush | $250K | $283K | 84% | 5.7 |
| Fermont | $50K | $75K | 59% | 19.9 |
Census 2021 values; km.
Questions about property prices in Labrador City
How many households in Labrador City are in core housing need?
Below the norm for Newfoundland and Labrador’s towns (6%): 2% in Labrador City, counting the households whose home falls short on cost, size or repair.
Is Labrador City expensive for Newfoundland and Labrador?
Yes: Labrador City’s census median is above the $215,000 of Newfoundland and Labrador’s towns.
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).