A home in Forest Heights is worth 26% less than the middle of Alberta’s towns
Owners put the median home at $298,000 at the 2021 census; for Alberta’s towns the median is $400,000. For Forest Heights 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. Forest Heights shares its assessed values, values by property type and building permits numbers with the rest of the city of Calgary.
Two ways to price a home in Forest Heights
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch.
median, owners’ estimate
- Average
- $290K
- Owners
- 1,400
- 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
Of Calgary’s 483,605 residential properties on the 2024 roll, 62% are detached houses and 18% are 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.
13% of Forest Heights’s households are in core housing need, against 8% for Alberta’s towns
Forest Heights had 2,095 occupied homes at the 2021 census, 38% of them single-detached houses. Half or more were standing by 1980. 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
| Forest Heights | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 15% | 15% | 8% |
| Needing major repairs | 9% | 5% | 6% |
| Too small for the household | 9% | 4% | 3% |
| Households in core housing need | 13% | 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.
Permits in Calgary ran at 26.6 homes a year per 1,000, where Alberta’s towns ran at 7.5
Over 2018–2023, 77,275 homes were permitted in Calgary, close to 12,879 each year. The mix: 26% in single-unit buildings, beside 69% for Alberta’s towns.
Most in 2023: 18,187 new homes
New homes a year per 1,000 homes
26,142 new homes in the 12 months to August 2026, about as many as the year before
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.
Forest Heights against Alberta’s towns: 26% 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 Forest Heights: Penbrooke Meadows
Next to Forest Heights: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Forest Heights | $298K | $290K | 66% | |
| Marlborough | $348K | $355K | 65% | 1.3 |
| Albert Park/Radisson Heights | $352K | $364K | 39% | 1.4 |
| Forest Lawn | $320K | $323K | 32% | 1.6 |
| Penbrooke Meadows | $250K | $247K | 64% | 1.7 |
| Marlborough Park | $348K | $327K | 75% | 2 |
| Applewood Park | $352K | $359K | 61% | 2.8 |
Census 2021 values; km.
Questions about property prices in Forest Heights
Is Forest Heights expensive for Alberta?
Less than most: Alberta’s towns have a median of $400,000, and Forest Heights sits below it.
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).