Homes in Deer Ridge are worth a median $400,000
That figure comes from 1,275 owner households at the 2021 census. For Deer Ridge there is no published sale price, as for every town in Alberta. For 2024, the median assessed value of a residential property is $525,000. Deer Ridge shares its assessed values, values by property type and building permits numbers with the rest of the city of Calgary.
Deer Ridge’s homes, by two sources
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales.
median, owners’ estimate
- Average
- $392K
- Owners
- 1,275
- 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).
Houses in Calgary carry assessments 88% over the middle of Alberta’s towns
The 2024 assessment roll counts 483,605 homes in Calgary: detached houses make 62% of them, 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.
How Deer Ridge’s homes break down, by age and kind
1,750 occupied homes stood in Deer Ridge in 2021, and single-detached houses made up 58% of them. The older half dates from before 1981. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Deer Ridge | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 12% | 15% | 8% |
| Needing major repairs | 4% | 5% | 6% |
| Too small for the household | 4% | 4% | 3% |
| Households in core housing need | 9% | 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.
Building ahead of Alberta’s towns: 26.6 new homes a year per 1,000 in Calgary, against 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
Steady: 26,142 new homes in the year to August 2026
Source area for monthly permits: the Calgary metro area
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.
Deer Ridge against Alberta’s towns: about level with 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.
Home values around Deer Ridge
The places around Deer Ridge at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Deer Ridge | $400K | $392K | 72% | |
| Deer Run | $400K | $427K | 85% | 0.8 |
| Parkland | $624K | $645K | 93% | 1.1 |
| Queensland | $400K | $404K | 81% | 1.6 |
| McKenzie Lake | $536K | $540K | 90% | 2.4 |
| Douglasdale/Glen | $500K | $521K | 87% | 2.6 |
| Lake Bonavista | $600K | $710K | 88% | 3 |
Census 2021 values; km.
Questions about property prices in Deer Ridge
How many households in Deer Ridge are in core housing need?
About as many as elsewhere: 9% of households in Deer Ridge, where Alberta’s towns sit at 8%.
Is Deer Ridge expensive for Alberta?
In the middle: Alberta’s towns come to $400,000, and so, near enough, does Deer Ridge.
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).