Photo: David Wilson from Oak Park, Illinois, USA · CC BY 2.0Owners in Banff Trail value their homes 63% above the median of Alberta’s towns
The census median was $650,000 in 2021, against $400,000 for Alberta’s towns. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up. Statistics Canada doesn’t publish sales in Alberta, so nothing here says what Banff Trail’s homes actually sold for.
Banff Trail’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. Behind assessed values, values by property type and building permits sits data gathered across the city of Calgary, with Banff Trail one part of it.
median, owners’ estimate
- Average
- $682K
- Owners
- 685
- 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).
Calgary’s detached houses are assessed 88% above the median of Alberta’s towns
In 2024, Calgary had 483,605 residential properties on the roll, detached houses 62% of them and condos 18%.
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.
Before 1961: 37% of the homes in Banff Trail, where Alberta’s towns have 5%
At the 2021 census, 40% of Banff Trail’s 1,660 occupied homes were single-detached houses. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Banff Trail | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 4% | 15% | 8% |
| Needing major repairs | 5% | 5% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 8% | 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.
26.6 new homes a year per 1,000 in Calgary: more than Alberta’s towns (7.5)
Building permits added 77,275 homes in Calgary between 2018 and 2023: some 12,879 a year. Single-unit buildings took 26%, the rest buildings of two or more, against 69% for Alberta’s towns.
Most in 2023: 18,187 new homes
New homes a year per 1,000 homes
Level with the year before: 26,142 new homes to August 2026
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. · Monthly permits: one figure for all of the Calgary metro area
Banff Trail against Alberta’s towns: 63% over the $400,000 median
478 of Alberta’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Banff Trail: Capitol Hill and Charleswood
The places around Banff Trail at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Banff Trail | $650K | $682K | 42% | |
| Capitol Hill | $604K | $658K | 49% | 0.9 |
| Charleswood | $600K | $709K | 75% | 1.5 |
| University Heights | $755K | $817K | 29% | 1.7 |
| West Hillhurst | $780K | $905K | 64% | 2.2 |
| Hillhurst | $750K | $796K | 56% | 2.4 |
| Mount Pleasant | $650K | $662K | 61% | 2.5 |
Census 2021 values; km.
Questions about property prices in Banff Trail
Is Banff Trail expensive for Alberta?
Above the norm for Alberta’s towns, whose median home is worth $400,000; Banff Trail’s is worth more.
How many households in Banff Trail are in core housing need?
8% of Banff Trail’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.
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).