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An aerial image of the two of St. Georges in winter, Newfoundland by photographer Erik Mclean of Introspective DesignPhoto: Erikallen920 · CC BY-SA 4.0
A−Cost of living Grade
Property prices in St. George's · Census 2021 and Statistics Canada

Core housing need reaches 15% of St. George's’s households, where Newfoundland and Labrador’s towns sit at 6%

By the 2021 census, half of owned homes were worth more than $150,000; the average was $168,000. Sale prices aren’t published in Newfoundland and Labrador: what owners told the census is the figure to go on for St. George's. For 2024, the median assessed value of a residential property is $79,500.

Median home value
$150K
owners’ estimate, census 2021
average $168K
Median assessed value
$80K
all residential, 2024
New homes a year
4
permits, 2018–2023
10.4 per 1,000 homes
Owner households
440
census 2021
82% of households
What homes are worth

Two ways to price a home in St. George's

Every figure here is compared within the province, against Newfoundland and Labrador’s towns, since each province assesses on its own terms. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch.

Census 2021$150K

median, owners’ estimate

Average
$168K
Owners
440
Newfoundland and Labrador’s towns
$215K
The typical Canadian town
$406K
Assessed, 2024$80K

all residential

Properties
755
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).

The homes

More homes in poor repair than most: 9% in St. George's (Newfoundland and Labrador’s towns: 5%)

Of the 530 homes people lived in across St. George's at the 2021 census, 92% were single-detached houses. At least half predate 1981.

When they were built

Homes by period of construction the tick is the median of Newfoundland and Labrador’s towns

Before 196129%
1961–198042%
1981–200018%
2001–20157%
2016–2021under 1%
What kind of home

Homes by kind

Single-detached houses92%
Semi-detached houses2%
Row housesunder 1%
Flats in a duplex4%
Apartments, under 5 storeysunder 1%
Movable dwellings2%
Against the median town of the province and of Canada
St. George'sNewfoundland and LabradorCanada
Condominiumsunder 1%2%8%
Needing major repairs9%5%6%
Too small for the household4%1%3%
Households in core housing need15%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.

New homes

Permits in St. George's ran at 10.4 homes a year per 1,000, where Newfoundland and Labrador’s towns ran at 6.1

St. George's issued permits for 12 new homes from 2018 to 2023, or about 4 a year. 100% were single-unit buildings, beside 83% for Newfoundland and Labrador’s towns.

Permits by year, 2018–2023

Most in 2023: 10 new homes

Single-unit buildingsTwo or more units
0510201820202023

A year with no report is left out.

The pace

New homes a year per 1,000 homes

St. George's10.4
Newfoundland and Labrador’s towns6.1
The typical Canadian town13.8
$74K
of new residential construction a year, 2019–2023

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 Newfoundland and Labrador

St. George's is 30% below the $215,000 median of Newfoundland and Labrador’s towns

32 of Newfoundland and Labrador’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

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

Home values around St. George's

Next to St. George's: 2021 census values and the share of owners.

Stephenville CrossingStephenvilleKippensStephenville CrossingStephenvilleKippensSt. George's
Prices next door
TownMedian home valueAverageOwnerskm
St. George's$150K$168K82%
Stephenville Crossing$160K$189K68%10
Stephenville$200K$214K49%15.3
Kippens$276K$271K88%16.7

Census 2021 values; km.

Questions about property prices in St. George's

Is St. George's expensive for Newfoundland and Labrador?

No: St. George's’s census median is below 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).