Photo: United Kingdom Hydrographic Office · Public domainPlacentia sits 30% below Newfoundland and Labrador’s towns on home values
At the 2021 census the median home was worth $150,000, where Newfoundland and Labrador’s towns sit at $215,000. No sale stands behind these values: owners named them at the census of May 2021. Statistics Canada doesn’t publish sales in Newfoundland and Labrador, so nothing here says what Placentia’s homes actually sold for.
Placentia’s homes, by two sources
Two sources, each set against Newfoundland and Labrador’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $173K
- Owners
- 1,255
- Newfoundland and Labrador’s towns
- $215K
- The typical Canadian town
- $406K
all residential
- Properties
- 2,125
- 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).
25% of Placentia’s homes predate 1961, against 17% for Newfoundland and Labrador’s towns
Of the 1,540 homes people lived in across Placentia at the 2021 census, 90% were single-detached houses.
Homes by period of construction the tick is the median of Newfoundland and Labrador’s towns
Homes by kind
| Placentia | Newfoundland and Labrador | Canada | |
|---|---|---|---|
| Condominiums | 1% | 2% | 8% |
| Needing major repairs | 5% | 5% | 6% |
| Too small for the household | 2% | 1% | 3% |
| Households in core housing need | 5% | 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.
3.1 new homes a year per 1,000 in Placentia: fewer than Newfoundland and Labrador’s towns (6.1)
Over 2018–2023, 32 homes were permitted in Placentia, close to 5 each year. 100% were single-unit buildings, beside 83% for Newfoundland and Labrador’s towns.
A peak in 2018: 8 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.
Placentia is cheaper than most of Newfoundland and Labrador’s towns: 30% under 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.
Placentia’s neighbours by home value
The places around Placentia at the 2021 census: median and average value, and how many own. No closer places have figures: these lie 38–57 km from Placentia.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Placentia | $150K | $173K | 82% | |
| Whitbourne | $194K | $220K | 82% | 38.3 |
| Division No. 1, Subdivision Y | $250K | $254K | 90% | 40.3 |
| Division No. 1, Subdivision E | $200K | $210K | 89% | 51.7 |
| Division No. 1, Subdivision M | $250K | $245K | 95% | 52.4 |
| Arnold's Cove | $150K | $166K | 77% | 56.8 |
Census 2021 values; km.
Questions about property prices in Placentia
Is Placentia expensive for Newfoundland and Labrador?
Cheaper than the middle: Newfoundland and Labrador’s towns come to $215,000, Placentia to less.
How many households in Placentia are in core housing need?
Statistics Canada puts 5% of Placentia’s households in core housing need, much as for Newfoundland and Labrador’s towns (6%).
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).