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Property prices in Deer Run · Census 2021 and Statistics Canada

The middle home in Deer Run is valued at $400,000

The census of 2021 asked 1,235 owner households what their home was worth. Sale prices aren’t published in Alberta: what owners told the census is the figure to go on for Deer Run. The 2024 property assessment puts the median residential property at $525,000. Figures for assessed values, values by property type and building permits are published for the city of Calgary as a whole, not for Deer Run alone.

Median home value
$400K
owners’ estimate, census 2021
average $427K
Median assessed value
$525K
all residential, 2024
New homes a year
12,879
permits, 2018–2023
26.6 per 1,000 homes
Owner households
1,235
census 2021
85% of households
What homes are worth

Deer Run’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. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since.

Census 2021$400K

median, owners’ estimate

Average
$427K
Owners
1,235
Alberta’s towns
$400K
The typical Canadian town
$406K
Assessed, 2024$525K

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).

By type of home

On the assessment roll, Calgary’s houses sit 88% above Alberta’s towns

Of Calgary’s 483,605 residential properties on the 2024 roll, 62% are detached houses and 18% are condos.

Assessed value

Median assessment by type, 2024 the tick is the median of Alberta’s towns

Detached houses$620K
Semi-detached$490K
Row houses$361K
Condos$244K
Multi-unit properties$835K
The mix of properties
Detached houses62%
Condos18%
Row houses11%
Semi-detached8%
Multi-unit properties1%
2,340 sq ft
living area of the median detached house (Alberta’s towns: 1,960 sq ft)
818 sq ft
living area of the median condo

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.

The homes

Deer Run’s homes: when they went up and what they are

The 2021 census counted 1,450 occupied homes in Deer Run; 78% of them are single-detached houses. At least half predate 1981. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.

When they were built

Homes by period of construction the tick is the median of Alberta’s towns

Before 19611%
1961–198055%
1981–200044%
2001–2015under 1%
2016–2021under 1%
What kind of home

Homes by kind

Single-detached houses78%
Semi-detached houses7%
Row houses14%
Apartments, under 5 storeysunder 1%
Against the median town of the province and of Canada
Deer RunAlbertaCanada
Condominiums10%15%8%
Needing major repairs3%5%6%
Too small for the household1%4%3%
Households in core housing need6%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.

New homes

26.6 new homes a year per 1,000 in Calgary: more than Alberta’s towns (7.5)

Calgary issued permits for 77,275 new homes from 2018 to 2023, or about 12,879 a year. The mix: 26% in single-unit buildings, beside 69% for Alberta’s towns.

Permits by year, 2018–2023

A peak in 2023: 18,187 new homes

Single-unit buildingsTwo or more units
05,00010,00015,00020,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Calgary26.6
Alberta’s towns7.5
The typical Canadian town13.8
$2,971M
of new residential construction a year, 2019–2023
The metro area

Steady: 26,142 new homes in the year to August 2026

010,00020,00030,00020212022202320242025

Measured across the Calgary metro area: monthly permits

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.

Across Alberta

Deer Run sits close to 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.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Deer Run: McKenzie Towne

The places around Deer Run at the 2021 census: median and average value, and how many own.

Deer RidgeParklandMcKenzie LakeQueenslandDouglasdale/GlenMcKenzie TowneDeer RidgeParklandMcKenzie LakeQueenslandDouglasdale/GlenMcKenzie TowneDeer Run
Prices next door
TownMedian home valueAverageOwnerskm
Deer Run$400K$427K85%
Deer Ridge$400K$392K72%0.8
Parkland$624K$645K93%1.5
McKenzie Lake$536K$540K90%1.7
Queensland$400K$404K81%2.3
Douglasdale/Glen$500K$521K87%2.9
McKenzie Towne$376K$401K78%3.2

Census 2021 values; km.

Questions about property prices in Deer Run

How many households in Deer Run are in core housing need?

Fewer than most: 6% of households in Deer Run, where Alberta’s towns sit at 8%.

Is Deer Run expensive for Alberta?

About average: Deer Run’s census median is close to the $400,000 of Alberta’s towns.

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).