Photo: Madereugeneandrew · CC BY-SA 4.0A newly built town: 75% of the homes in Blackfalds date from 2001 or later (Alberta’s towns: 24%)
The middle home was worth $332,000 at the 2021 census, the average $336,800. For Blackfalds there is no published sale price, as for every town in Alberta. The 2024 property assessment puts the median residential property at $319,000.
Two ways to price a home in Blackfalds
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms. Those values come from owners at the 2021 census and predate the prices of the years since.
median, owners’ estimate
- Average
- $337K
- Owners
- 2,945
- 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, 76% of Blackfalds’s properties are detached houses
Assessors listed 3,820 residential properties in Blackfalds for 2024, 76% of them detached houses and 3% condos.
Median assessment by type, 2024 the tick is the median of Alberta’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): 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.
How Blackfalds’s homes break down, by age and kind
At the 2021 census, 72% of Blackfalds’s 3,780 occupied homes were single-detached houses.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Blackfalds | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 8% | 15% | 8% |
| Needing major repairs | 4% | 5% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 4% | 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.
Blackfalds permitted 11.5 new homes a year per 1,000, above the 7.5 of Alberta’s towns
From 2018 to 2023, permits in Blackfalds created 287 homes, about 48 a year. Single-unit buildings took 56% of them, where Alberta’s towns built 69%.
Most in 2018: 70 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.
Blackfalds against Alberta’s towns: 17% under the $400,000 median
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.
Cheaper next to Blackfalds: Bentley
Next to Blackfalds: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Blackfalds | $332K | $337K | 78% | |
| Lacombe County | $448K | $526K | 86% | 7.3 |
| Lacombe | $340K | $348K | 72% | 10.6 |
| Red Deer | $340K | $355K | 65% | 13.2 |
| Bentley | $220K | $218K | 80% | 19.2 |
Census 2021 values; km.
Questions about property prices in Blackfalds
How many households in Blackfalds are in core housing need?
In Blackfalds, 4% of households are in core housing need, against 8% for Alberta’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
Is Blackfalds expensive for Alberta?
Below the norm for Alberta’s towns, whose median home is worth $400,000; Blackfalds’s is worth 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).