Photo: Kyla Duhamel from Saskatoon, Canada · CC BY 2.0Candle Lake is adding housing quickly, at 48.8 new homes a year per 1,000 (Saskatchewan’s towns: 3.8)
Owners valued the median home at $400,000 at the 2021 census, and the average at $436,000. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since. For Candle Lake there is no published sale price, as for every town in Saskatchewan.
Candle Lake’s homes, by two sources
Two sources, each set against Saskatchewan’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $436K
- Owners
- 555
- Saskatchewan’s towns
- $324K
- The typical Canadian town
- $406K
all residential
- Saskatchewan’s towns
- $219K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Houses in Candle Lake carry assessments 37% over the middle of Saskatchewan’s towns
Of Candle Lake’s 885 residential properties on the 2024 roll, 88% are detached houses.
Median assessment by type, 2024 the tick is the median of Saskatchewan’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Saskatchewan’s towns with their own figure; assessments compare within a province only.
A younger stock than most: 41% of Candle Lake’s homes went up after 2000 (Saskatchewan’s towns: 14%)
The 2021 census counted 590 occupied homes in Candle Lake; 97% of them are single-detached houses.
Homes by period of construction the tick is the median of Saskatchewan’s towns
Homes by kind
| Candle Lake | Saskatchewan | Canada | |
|---|---|---|---|
| Condominiums | 3% | 10% | 8% |
| Needing major repairs | under 1% | 6% | 6% |
| Too small for the household | under 1% | 4% | 3% |
| Households in core housing need | 7% | 7% | 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.
2021 was the year Candle Lake built most: 41 new homes permitted
From 2018 to 2023, permits in Candle Lake created 168 homes, about 28 a year. Most were houses: 97% went into single-unit buildings, against 81% for Saskatchewan’s towns.
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.
Candle Lake is 23% above the $324,000 median of Saskatchewan’s towns
104 of Saskatchewan’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.
Lower values near Candle Lake: Paddockwood No. 520, Prince Albert and Prince Albert No. 461
The places around Candle Lake at the 2021 census: median and average value, and how many own. Candle Lake has few close neighbours with figures, so the list reaches 43–72 km out.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Candle Lake | $400K | $436K | 94% | |
| Paddockwood No. 520 | $332K | $344K | 92% | 42.5 |
| Lakeland No. 521 | $424K | $524K | 96% | 44.2 |
| Buckland No. 491 | $380K | $399K | 98% | 63.4 |
| Prince Albert | $250K | $271K | 59% | 69.8 |
| Prince Albert No. 461 | $300K | $329K | 92% | 72.3 |
Census 2021 values; km.
Questions about property prices in Candle Lake
Is Candle Lake expensive for Saskatchewan?
More than most: Saskatchewan’s towns have a median of $324,000, and Candle Lake sits above it.
How many households in Candle Lake are in core housing need?
7% of Candle Lake’s households, near the 7% of Saskatchewan’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
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).