Coquitlam House Prices in 2026: What Detached, Townhome and Condo Buyers Actually Pay
If you are trying to work out what a home in Coquitlam costs, the honest answer depends on which of three separate markets you are shopping in. A detached house, a townhome and an apartment in the same city now sit about a million dollars apart end to end. Here is what each one costs, measured rather than guessed.
The three numbers that matter
Greater Vancouver REALTORS publishes a benchmark price each month for every city it covers. A benchmark is a modelled price for a typical home of that type, with size, age and lot held steady so the figure does not jump when a few unusual homes happen to sell. For Coquitlam in August 2026, the benchmarks were:
- Detached house: $1,599,100, down 1.8% from July 2026 and down 5.9% from August 2025.
- Townhome: $987,900, down 0.3% from July and down 8.5% from a year earlier.
- Apartment: $646,100, down 0.8% from July and down 7.8% from a year earlier.
The blended figure across all three, which the board calls the composite, was $981,400, down 6.4% over the year.
The gap between a detached house and a townhome in Coquitlam is $611,200. That single number explains most of the decisions we see families make here. It is the difference between a mortgage you can carry on one income and one that needs two.
How Coquitlam sits against the rest of the region
Coquitlam prices below Metro Vancouver as a whole in every category. In August 2026 the regional detached benchmark was $1,799,400, so a typical Coquitlam house came in $200,300 cheaper. The regional townhome benchmark was $1,028,800 against Coquitlam's $987,900, and the regional apartment benchmark was $686,200 against Coquitlam's $646,100.
That discount is smaller than it used to be for townhomes. Coquitlam townhome prices fell 8.5% over the year while the regional townhome benchmark fell 4.5%, so the two moved closer together.
What actually traded
Benchmark prices describe what homes are worth. Sales counts tell you how many people are acting on it. In Coquitlam in August 2026:
| Type | Sales | Change vs Aug 2025 | New listings | Change vs Aug 2025 |
|---|---|---|---|---|
| Detached | 42 | down 22.2% | 122 | down 19.2% |
| Attached (townhome, rowhome) | 49 | up 11.4% | 118 | down 4.1% |
| Apartment | 59 | down 33.0% | 203 | down 4.2% |
Townhomes were the only Coquitlam category with more buyers than a year earlier. Over the three months from June to August 2026, Coquitlam attached sales totalled 154 against 129 in the same months of 2025, a rise of 19.4%.
Detached sellers pulled back at almost the same rate detached buyers did, so the balance between the two did not shift much. Of the 122 detached homes newly listed in Coquitlam during August, 42 sold, a ratio of 34%.
What this means for your budget
Across Metro Vancouver, the sales-to-active-listings ratio was 12.3% in August 2026: 9.6% for detached homes, 15.1% for attached and 13.7% for apartments. Greater Vancouver REALTORS reports that prices tend to face downward pressure when that ratio stays below 12% for a stretch, and upward pressure when it passes 20% for several months.
For you as a buyer, three practical things follow.
- You have room to include conditions. In a market this quiet, a financing condition and a home inspection are normal, not a reason for a seller to reject your offer. Our subject-free offer explainer covers when dropping conditions is worth the risk and when it is not.
- Listed prices are further from selling prices than usual. Ask for the sold prices of comparable homes on the same street before you decide what to offer.
- Time is on your side, within reason. Detached listings are down 19.2% year over year, so the specific house you want may still be scarce even though the overall market is slow.
Where the ten-year story lands
Over ten years to August 2026, Coquitlam's price indexes moved like this: detached up 30.4%, townhome up 65.5%, apartment up 63.1%. The smaller homes grew faster in percentage terms. Over five years, Coquitlam's detached index is up 2.0%, its townhome index up 9.9% and its apartment index up 3.6%, so most of that ten-year growth happened in the first half of the decade.
What this comes down to
- A typical Coquitlam detached house was $1,599,100 in August 2026, a townhome was $987,900 and an apartment was $646,100.
- Every category is down year over year, between 5.9% and 8.5%.
- Coquitlam prices below the Metro Vancouver benchmark on all three types.
- Townhomes were the only Coquitlam category where sales rose against last year.
- Browse current Coquitlam listings, or contact our team to compare a specific home against recent sold prices on the same block.
Plan your next step
Set your search up properly before you start viewing. The home-buying guide walks through search preparation and comparing homes, and our Coquitlam area page covers how the neighbourhoods differ.
Frequently asked questions
How much does a detached house cost in Coquitlam right now?
The benchmark price for a detached house in Coquitlam was $1,599,100 in August 2026, according to Greater Vancouver REALTORS. That is down 5.9 per cent from August 2025 and down 1.8 per cent from July 2026. The benchmark describes a typical Coquitlam house, so a specific home on a large corner lot or a tired 1970s rancher can sit well above or below it.
What is a benchmark price and how is it different from an average price?
A benchmark price is a modelled price for a typical home of that type in that area, with the size, age and lot held steady from month to month. An average price is just the sum of what sold divided by how many sold, so it jumps when a few expensive homes trade. Benchmark prices are the better tool for tracking a market over time.
How much cheaper is a Coquitlam townhome than a detached house?
In August 2026 the gap was $611,200. Coquitlam's townhome benchmark was $987,900 and its detached benchmark was $1,599,100. That gap is the main reason families who want three bedrooms and a yard-sized patio often land on a townhome in Coquitlam rather than stretching for a detached house on the same street.
Are Coquitlam prices going up or down in 2026?
Down, across every property type. Compared with August 2025, Coquitlam's detached benchmark fell 5.9 per cent, its townhome benchmark fell 8.5 per cent and its apartment benchmark fell 7.8 per cent. The month-over-month changes were smaller, between 0.3 and 1.8 per cent, so the decline has been steady rather than sudden.
How does Coquitlam compare with the Metro Vancouver average?
Coquitlam sits below the region on every property type. In August 2026 the Metro Vancouver detached benchmark was $1,799,400 against Coquitlam's $1,599,100, a difference of $200,300. The regional townhome benchmark was $1,028,800 against Coquitlam's $987,900, and the regional apartment benchmark was $686,200 against Coquitlam's $646,100. The gap is widest on detached houses.
How many homes actually sold in Coquitlam in August 2026?
Coquitlam recorded 42 detached sales, 49 attached sales, which covers townhomes and rowhomes, and 59 apartment sales. Detached sales were down 22.2 per cent from August 2025 and apartment sales were down 33.0 per cent, while attached sales rose 11.4 per cent. Townhomes were the one category with more buyers than a year earlier.
Is this a good time to buy in Coquitlam?
Conditions favour buyers. Across Metro Vancouver the sales-to-active-listings ratio was 12.3 per cent in August 2026, and Greater Vancouver REALTORS notes that prices tend to face downward pressure when that figure stays under 12 per cent. More choice and softer prices give you room to negotiate, and to include conditions such as an inspection and financing.
Which Coquitlam property type has held its value best over ten years?
Townhomes and apartments. Over ten years to August 2026, Coquitlam's townhome price index rose 65.5 per cent and its apartment index rose 63.1 per cent, while the detached index rose 30.4 per cent. Detached homes still cost far more in dollars, but the smaller ground-oriented and apartment homes grew faster in percentage terms.
Why are so few Coquitlam houses listed for sale?
There were 122 new detached listings in Coquitlam in August 2026, down 19.2 per cent from the 142 listed in August 2025. Sellers who do not have to move tend to wait when prices are falling. That leaves buyers with less choice in the detached category than the headline story about a slow market suggests.
Should I wait for prices to drop further before buying in Coquitlam?
Nobody can tell you where the bottom is, and anyone who claims to is guessing. What you can do is compare your real monthly cost at today's price and rate against the cost of waiting, and decide how much a specific home is worth to you. Talk to us about running that comparison on the homes you are actually considering.
