Is Steveston BC a Good Place to Buy a Home in 2025?

If you’ve been wondering whether now is the right time to buy a home in Steveston BC, you’re not alone. Steveston, a historic fishing village turned vibrant waterfront community in Richmond, continues to attract homebuyers looking for a balance of lifestyle, value, and long-term growth.

But is Steveston still a smart move in 2025? Let’s take a look at why this coastal gem is on the radar of savvy buyers — and what you need to know before making a move.

Credit: Lucas Santos

What Makes Steveston BC So Desirable?

1. Village Charm Meets Urban Access

Steveston is one of those rare communities that has kept its small-town feel — without sacrificing proximity to the city. You’re just 30 minutes from downtown Vancouver, but a world away in pace and personality.

The neighborhood is full of:

• Walkable streets lined with cafes, shops, and heritage buildings

• A bustling waterfront with restaurants, trails, and fishing docks

• Tight-knit community vibes and seasonal events like the Salmon Festival

2. Excellent Schools and Family-Friendly Living

If you're buying a home with family in mind, Steveston ranks high:

• Access to top-rated schools like Steveston-London Secondary

• Multiple parks, playgrounds, and sports fields

• Safe, quiet streets ideal for raising kids

What Types of Homes Are in Steveston?

Whether you're a first-time buyer, upsizing, or looking for a long-term investment, Steveston offers a range of housing options:

• Townhouses: Popular with young families and downsizers

• Detached Homes: Mix of character homes and new builds

• Condos: A more affordable entry point into Steveston real estate

• Luxury Waterfront Properties: For those seeking views and exclusivity

Pro Tip: Prices for homes in Steveston BC typically trend slightly below Vancouver proper, but the lifestyle often feels more premium.

Steveston BC Real Estate Market in 2025

The 2025 market is showing signs of steady, sustainable growth. While the broader Vancouver area has experienced ups and downs in recent years, Steveston has remained resilient due to:

• Limited land for new development (driving long-term value)

• High local demand from families and retirees

• Consistent buyer interest from international and out-of-town investors

According to recent MLS® data:

• Average detached home price: ~$1.6M

• Average townhouse price: ~$1.1M

• Average condo price: ~$750K Note: Prices may vary depending on proximity to waterfront, school catchments, and home condition.

So… Is It a Good Time to Buy a Home in Steveston BC?

Here’s the honest take:

Factor	Verdict
Lifestyle	✅ Top-tier for families & retirees
Long-Term Value	✅ Strong growth potential
Community	✅ Tight-knit and welcoming
Affordability	⚠️ More than other Richmond areas, less than Vancouver
Rental Potential	✅ Good for long-term hold

Bottom Line: If you’re planning to stay for 5+ years or looking for a quality long-term investment, Steveston is one of the best places to buy in Richmond — and likely to remain in demand well beyond 2025.

Thinking About Buying in Steveston?

I live and work in the area — and I’d love to help you explore the market.🏡 Whether you’re buying your first home or upgrading to your dream spot by the water, let’s talk about your goals.

Book a Free Consultation or Get a Free Home Valuation📩 to start the conversation.