Photo: Royalbroil · CC BY-SA 4.0Homes in Black Diamond are worth a median $348,000
980 owner households answered the census question on value in 2021. For Black Diamond there is no published sale price, as for every town in Alberta. Assessors valued the median residential property at $315,000 for 2022.
Black Diamond’s homes, by two sources
Each source sits beside its own median for Alberta’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
- $347K
- Owners
- 980
- Alberta’s towns
- $400K
- The typical Canadian town
- $406K
all residential
- Alberta’s towns
- $297K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
On the roll, 86% of Black Diamond’s properties are detached houses
Detached houses account for 86% of the 1,060 properties on Black Diamond’s 2022 roll.
Median assessment by type, 2022 the tick is the median of Alberta’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2022): residential properties on the assessment roll, vacant land left out. The ticks are the median of Alberta’s towns with their own figure; assessments compare within a province only.
A younger stock than most: 45% of Black Diamond’s homes went up after 2000 (Alberta’s towns: 24%)
Of the 1,175 homes people lived in across Black Diamond at the 2021 census, 72% were single-detached houses.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Black Diamond | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 13% | 15% | 8% |
| Needing major repairs | 4% | 5% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 11% | 8% | 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.
Black Diamond permitted 15.1 new homes a year per 1,000, above the 7.5 of Alberta’s towns
Some 16 homes a year: 95 in all were permitted in Black Diamond from 2018 to 2023. Most were houses: 69% went into single-unit buildings, against 69% for Alberta’s towns.
The busiest year: 2020, with 32 new homes
New homes a year per 1,000 homes
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.
Black Diamond is 13% below the $400,000 median of Alberta’s towns
The census values of Alberta’s towns, 478 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Home values around Black Diamond
The places around Black Diamond at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Black Diamond | $348K | $347K | 83% | |
| Turner Valley | $376K | $378K | 86% | 3.9 |
| Foothills County | $900K | $985K | 90% | 18.7 |
| Okotoks | $452K | $481K | 86% | 19.2 |
Census 2021 values; km.
Questions about property prices in Black Diamond
How many households in Black Diamond are in core housing need?
11% of Black Diamond’s households, near the 8% of Alberta’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Is Black Diamond expensive for Alberta?
Cheaper than the middle: Alberta’s towns come to $400,000, Black Diamond to less.
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).