Highest Home Value in British Columbia

Top 89 cities ranked by highest home value

Highest Home Value - British Columbia

1 West Vancouver $2,500,000
2 Vancouver $1,450,000
3 Oak Bay $1,400,000
4 North Saanich $1,200,000
5 Whistler $1,200,000
6 Delta $1,190,000
7 Metro Vancouver A $1,100,000
8 Surrey $1,000,000
9 Metchosin $1,000,000
10 Squamish $1,000,000
11 Port Moody $1,000,000
12 North Vancouver $990,000
13 Richmond $990,000
14 Burnaby $980,000
15 Saanich $930,000
16 Maple Ridge $900,000
17 Port Coquitlam $900,000
18 Nanaimo E $900,000
19 Central Saanich $900,000
20 White Rock $900,000
21 Pitt Meadows $890,000
22 Abbotsford $850,000
23 View Royal $800,000
24 Colwood $800,000
25 Comox Valley B $800,000
26 Saltspring Island $800,000
27 Lake Country $800,000
28 Coldstream $755,000
29 Comox Valley C $750,000
30 Nanaimo G $750,000
31 Cowichan Valley C $750,000
32 Sidney $750,000
33 West Kelowna $750,000
34 Chilliwack $750,000
35 Victoria $750,000
36 Langford $730,000
37 Kelowna $725,000
38 Comox Valley A $725,000
39 Qualicum Beach $725,000
40 New Westminster $700,000
41 Cowichan Valley B $700,000
42 Peachland $700,000
43 Revelstoke $695,000
44 Nanaimo A $685,000
45 Kent $650,000
46 Sooke $650,000
47 Summerland $650,000
48 Fernie $645,000
49 Spallumcheen $640,000
50 Southern Gulf Islands $600,000
51 North Cowichan $600,000
52 Nanaimo F $600,000
53 Hope $600,000
54 Columbia-Shuswap C $600,000
55 Parksville $600,000
56 Strathcona $600,000
57 Nanaimo $600,000
58 Nelson $580,000
59 East Kootenay C $576,000
60 Courtenay $572,000
61 Tsinstikeptum 10 $560,468
62 Garden City $560,468
63 Ladysmith $552,000
64 Langley $548,000
65 Vernon $524,000
66 Peace River C $500,000
67 Bulkley-Nechako A $500,000
68 Salmon Arm $500,000
69 Armstrong $500,000
70 Oliver $452,000
71 Powell River $452,000
72 Terrace $420,000
73 Duncan $400,000
74 Smithers $400,000
75 Central Kootenay H $400,000
76 Merritt $400,000
77 Kimberley $400,000
78 Castlegar $400,000
79 Prince Rupert $400,000
80 Port Alberni $400,000
81 Prince George $400,000
82 Cranbrook $380,000
83 Peace River B $376,000
84 Kitimat $348,000
85 Fort St. John $348,000
86 Trail $310,000
87 Cariboo A $300,000
88 Dawson Creek $300,000
89 Cariboo $250,000

The most expensive housing markets in British Columbia reflect areas of high demand, limited supply, and strong local economies. West Vancouver leads with a median home value of $2,500,000. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in West Vancouver costs $2,500,000 - 7.1x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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