Photo: brewbooks from near Seattle, USA · CC BY-SA 2.048% of Fairhaven’s homes are apartments, against 17% for Saskatchewan’s towns
In May 2021 the median owned home was worth $300,000 by its owner’s reckoning, the average one $311,277. What homes sold for in Fairhaven isn’t public: no sale figures are released in Saskatchewan. Assessors valued the median residential property at $322,000 for 2024. Nobody publishes assessed values, values by property type and building permits for Fairhaven alone, so this card uses the figure for the city of Saskatoon.
What Fairhaven’s homes are worth, two ways
Each source sits beside its own median for Saskatchewan’s towns; none compares across provinces, which value homes in their own ways. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices.
median, owners’ estimate
- Average
- $311K
- Owners
- 1,355
- 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).
A detached house in Saskatoon is assessed 48% higher than across Saskatchewan’s towns
In 2024, Saskatoon had 89,530 residential properties on the roll, detached houses 71% of them and condos 15%.
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.
More condos than most: 23% of the homes in Fairhaven (Saskatchewan’s towns: 10%)
At the 2021 census, Fairhaven had 2,630 homes with someone living in them. Half went up before 1981. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Saskatchewan’s towns
Homes by kind
| Fairhaven | Saskatchewan | Canada | |
|---|---|---|---|
| Condominiums | 23% | 10% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 9% | 4% | 3% |
| Households in core housing need | 13% | 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.
19.5 new homes a year per 1,000 in Saskatoon: more than Saskatchewan’s towns (3.8)
Over 2018–2023, 11,814 homes were permitted in Saskatoon, close to 1,969 each year. The mix: 31% in single-unit buildings, beside 81% for Saskatchewan’s towns.
The busiest year: 2023, with 2,650 new homes
New homes a year per 1,000 homes
Rising: 5,104 new homes in the 12 months to August 2026, 37% more
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. · Not measured by town: monthly permits (the Saskatoon metro area)
Fairhaven sits near the middle of Saskatchewan’s towns ($324,000)
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 Fairhaven: Meadowgreen
The places around Fairhaven at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Fairhaven | $300K | $311K | 52% | |
| Parkridge | $340K | $350K | 71% | 1.3 |
| South West Industrial | $300K | $366K | 71% | 1.4 |
| Pacific Heights | $300K | $295K | 82% | 1.4 |
| Meadowgreen | $274K | $261K | 54% | 1.4 |
| Blairmore Suburban Centre | $388K | $361K | 58% | 1.8 |
| Confederation Park | $290K | $278K | 80% | 2 |
Census 2021 values; km.
Questions about property prices in Fairhaven
How many households in Fairhaven are in core housing need?
More than most: 13% of households in Fairhaven, where Saskatchewan’s towns sit at 7%.
Is Fairhaven expensive for Saskatchewan?
Fairhaven is close to the norm for Saskatchewan’s towns, whose median home is worth $324,000.
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).