Homes in Iqaluit are worth a median $600,000

That figure comes from 705 owner households at the 2021 census. Statistics Canada doesn’t publish sales in Nunavut, so nothing here says what Iqaluit’s homes actually sold for. For 2024, the median assessed value of a residential property is $184,000.

Median home value

$600K

owners’ estimate, census 2021

average $604K

Median assessed value

$184K

all residential, 2024

Owner households

705

census 2021

26% of households

What homes are worth

What Iqaluit’s homes are worth, two ways

Two sources, each set against Nunavut’s towns only: provinces measure value differently, so they don’t line up across borders. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ.

Census 2021$600K

median, owners’ estimate

Average: $604K
Owners: 705
The typical Canadian town: $406K

Assessed, 2024$184K

all residential

Properties: 1,505

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

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

At the 2021 census, 38% of Iqaluit’s 2,710 occupied homes were apartments in low-rise buildings. Half or more were standing by 2000.

When they were built

Homes by period of construction

Before 19612%

1961–198015%

1981–200036%

2001–201536%

2016–202111%

What kind of home

Homes by kind

Single-detached houses26%

Semi-detached houses8%

Row houses24%

Flats in a duplex1%

Apartments, under 5 storeys38%

Apartments, 5+ storeys4%

Against the median Canadian town

	Iqaluit	Canada
Condominiums	15%	8%
Needing major repairs	14%	6%
Too small for the household	14%	3%
Households in core housing need	15%	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 Iqaluit

How many households in Iqaluit are in core housing need?

Above the norm for Canada’s towns (7%): 15% in Iqaluit, 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).