How much does a house cost in Prince George?

The short answer: the average sale price for a single-family home in Prince George was about $537,000 in 2025 (BCNREB), and the benchmark price of a typical single-family home sat around $446,800 as of early 2026. Those two numbers are different on purpose, and the gap between them is worth understanding before you read too much into either one.

Average price versus benchmark price

The average is every sale added up and divided by the number of sales, so a few large acreage or executive sales pull it upward. The benchmark, from the BCNREB Home Price Index, is the modelled value of a typical home with typical features, which strips out those outliers. That is why the average ($537,000) runs higher than the benchmark ($446,800). When you see "average home price" in a headline, it usually means the first one. When you want the truer sense of what a normal house costs, look at the benchmark.

Are prices rising or falling?

Prince George has been rising modestly, not swinging. The composite benchmark was around $429,400 in early 2026, up roughly 2.7% year over year, with single-family homes up about 2.6%. The standout was apartments, up around 14% year over year to about $255,000, which points to real demand at the entry level. For the current month's figures, the Prince George market report is kept up to date.

How much it varies by neighbourhood

The citywide number hides a wide spread. Established or upscale areas like Connaught and Cranbrook Hill sit well above the average, while more affordable neighbourhoods like Jensen, Spruceland, and Millar Addition give you entry points below it. Two homes with the same square footage can be a hundred thousand dollars apart depending on the street, the lot, and the condition. The neighbourhood guides show live listings and price ranges area by area.

How much it varies by property type

Property type moves the number as much as location does. A detached home, a half-duplex, a townhome, and an apartment in the same area can sit in completely different brackets. If the single-family figure feels out of reach, the attached and apartment side of the market, where a lot of stock is under $400,000, is worth a look. You can browse it on the condos and townhomes page.

How Prince George compares

The reason a lot of people end up here is the gap with the south. A typical detached home in Greater Vancouver runs well over a million dollars, several times the Prince George figure. Families relocating from the Lower Mainland often buy a comparable or larger home here outright and still have cash left over. I get into that math in moving from Vancouver to Prince George.

What your home is actually worth

Citywide averages are useful for orientation, but they will not tell you what your specific home is worth, or what a specific listing should sell for. That takes a look at recent comparable sales for your street and your type of home. I cover how that works in what is my home worth in Prince George, and I am happy to put real numbers to your place. Reach out any time.