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Property prices in Inuvik · Census 2021 and Statistics Canada

A median $300,000: what owners say homes in Inuvik are worth

Some 420 owner households gave their home’s value to the 2021 census. The census asks owners what their home would sell for, so the values are estimates from May 2021. For Inuvik there is no published sale price, as for every town in the Northwest Territories.

Median home value
$300K
owners’ estimate, census 2021
average $322K
New homes a year
8
permits, 2018–2023
6.9 per 1,000 homes
Owner households
420
census 2021
34% of households
What homes are worth

One measure for Inuvik: the census

The census is the only published value for these homes; beside it, the median of Northwest Territories’ towns.

Census 2021$300K

median, owners’ estimate

Average
$322K
Owners
420
The typical Canadian town
$406K

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

Inuvik’s homes: when they went up and what they are

The 2021 census counted 1,220 occupied homes in Inuvik; 41% of them are single-detached houses. Half went up before 1981.

When they were built

Homes by period of construction

Before 19619%
1961–198041%
1981–200029%
2001–201518%
2016–20213%
What kind of home

Homes by kind

Single-detached houses41%
Semi-detached houses7%
Row houses20%
Apartments, under 5 storeys29%
Other attached1%
Against the median Canadian town
InuvikCanada
Condominiums5%8%
Needing major repairs17%6%
Too small for the household10%3%
Households in core housing need8%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

6.9 new homes a year per 1,000 in Inuvik: fewer than Canada’s towns (13.8)

From 2018 to 2023, permits in Inuvik created 48 homes, about 8 a year. Single-unit buildings took 24%, the rest buildings of two or more, against 54% for Canada’s towns.

Permits by year, 2018–2023

A peak in 2021: 26 new homes

Single-unit buildingsTwo or more units
0102030201820192020202120222023
The pace

New homes a year per 1,000 homes

Inuvik6.9
The typical Canadian town13.8
$3.24M
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.

Lower values near Inuvik: Tuktoyaktuk

Next to Inuvik: 2021 census values and the share of owners. No closer place has figures: this one lies 124 km from Inuvik.

TuktoyaktukTuktoyaktukInuvik
Prices next door
TownMedian home valueAverageOwnerskm
Inuvik$300K$322K34%
Tuktoyaktuk$180K$204K28%123.7

Census 2021 values; km.

Questions about property prices in Inuvik

How many households in Inuvik are in core housing need?

In Inuvik, 8% of households are in core housing need, close to the 7% of Canada’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.

Sources: Statistics Canada, Census of Population 2021 · 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).