Guest, Sign inJoin
Downtown Calgary Alberta Canada Wildfire Smoke - 2023Photo: Dwayne Reilander · CC BY-SA 4.0
–Not graded
Property prices in Calgary · Census 2021 and Statistics Canada

Calgary is adding housing quickly, at 26.6 new homes a year per 1,000 (Alberta’s towns: 7.5)

Going by owners’ own estimates in 2021, the typical home is worth $456,000, the average one $519,500. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. Sale prices aren’t published in Alberta: what owners told the census is the figure to go on for Calgary.

Median home value
$456K
owners’ estimate, census 2021
average $520K
Median assessed value
$525K
all residential, 2024
New homes a year
12,879
permits, 2018–2023
26.6 per 1,000 homes
Owner households
345,680
census 2021
69% of households
What homes are worth

What Calgary’s homes are worth, two ways

Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways.

Census 2021$456K

median, owners’ estimate

Average
$520K
Owners
345,680
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

A detached house in Calgary is assessed 88% higher than across 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

A younger stock than most: 38% of Calgary’s homes went up after 2000 (Alberta’s towns: 24%)

502,305 occupied homes stood in Calgary in 2021, and single-detached houses made up 55% of them.

When they were built

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

Before 19619%
1961–198027%
1981–200027%
2001–201529%
2016–20219%
What kind of home

Homes by kind

Single-detached houses55%
Semi-detached houses6%
Row houses10%
Flats in a duplex4%
Apartments, under 5 storeys16%
Apartments, 5+ storeys8%
Against the median town of the province and of Canada
CalgaryAlbertaCanada
Condominiums25%15%8%
Needing major repairs5%5%6%
Too small for the household5%4%3%
Households in core housing need10%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

Permits in Calgary peaked in 2023: 18,187 new homes

Some 12,879 homes a year: 77,275 in all were permitted in Calgary from 2018 to 2023. Single-unit buildings took 26%, the rest buildings of two or more, against 69% for Alberta’s towns.

Permits by year, 2018–2023
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

Monthly permits for 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.

Across Alberta

Calgary against Alberta’s towns: 14% over the $400,000 median

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 Calgary: Beltline, Mission and Downtown Commercial Core

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

BeltlineMissionDowntown Commercial CoreEau ClaireDowntown East VillageLower Mount RoyalBeltlineMissionDowntown Commercial CoreEau ClaireDowntown East VillageLower Mount RoyalCalgary
Prices next door
TownMedian home valueAverageOwnerskm
Calgary$456K$520K69%
Beltline$324K$354K26%0.7
Mission$348K$513K31%0.9
Downtown Commercial Core$240K$326K9%1.1
Eau Claire$628K$771K45%1.3
Downtown East Village$400K$442K26%1.3
Lower Mount Royal$348K$420K29%1.5

Census 2021 values; km.

Questions about property prices in Calgary

How many households in Calgary are in core housing need?

Statistics Canada puts 10% of Calgary’s households in core housing need, much as for Alberta’s towns (8%).

Is Calgary expensive for Alberta?

Yes: Calgary’s census median is above 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).