Homes in Baker Lake are worth a median $300,000

It is the middle of what 100 owner households told the 2021 census. Statistics Canada’s housing statistics carry no sale prices in Nunavut; the census value stands in for Baker Lake. The 2024 property assessment puts the median residential property at $91,100.

Median home value

$300K

owners’ estimate, census 2021

average $325K

Median assessed value

$91K

all residential, 2024

Owner households

100

census 2021

17% of households

What homes are worth

Two ways to price a home in Baker Lake

Every figure here is compared within the province, against Nunavut’s towns, since each province assesses on its own terms. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales.

Census 2021$300K

median, owners’ estimate

Average: $325K
Owners: 100
The typical Canadian town: $406K

Assessed, 2024$91K

all residential

Properties: 625

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

How Baker Lake’s homes break down, by age and kind

Baker Lake had 575 occupied homes at the 2021 census, 50% of them single-detached houses. Half went up before 2001.

When they were built

Homes by period of construction

Before 19612%

1961–198024%

1981–200044%

2001–201526%

2016–20215%

What kind of home

Homes by kind

Single-detached houses50%

Semi-detached houses10%

Row houses20%

Flats in a duplex20%

Apartments, under 5 storeys1%

Against the median Canadian town

	Baker Lake	Canada
Condominiums	10%	8%
Needing major repairs	30%	6%
Too small for the household	34%	3%
Households in core housing need	39%	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.

Questions about property prices in Baker Lake

How many households in Baker Lake are in core housing need?

Above the norm for Canada’s towns (7%): 39% in Baker Lake, counting the households whose home falls short on cost, size or repair.

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