Photo: Benefactor123 · CC BY 3.0The middle home in Monterey Park is valued at $380,000
Some 2,575 owner households gave their home’s value to the 2021 census. These home values were given by owners themselves, in a census taken in May 2021. What homes sold for in Monterey Park isn’t public: no sale figures are released in Alberta.
Monterey Park’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.
median, owners’ estimate
- Average
- $383K
- Owners
- 2,575
- 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). · Area behind the assessed values, values by property type and building permits figures: the city of Calgary
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.
Monterey Park’s homes: when they went up and what they are
Monterey Park had 3,150 occupied homes at the 2021 census, 77% of them single-detached houses. The older half dates from before 2001. 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
| Monterey Park | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 10% | 15% | 8% |
| Needing major repairs | 4% | 5% | 6% |
| Too small for the household | 10% | 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.
26.6 new homes a year per 1,000 in Calgary: more than Alberta’s towns (7.5)
From 2018 to 2023, permits in Calgary created 77,275 homes, about 12,879 a year. 26% were single-unit buildings and the rest multi-unit ones, 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
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.
Monterey Park sits near the middle of Alberta’s towns ($400,000)
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 Monterey Park: Temple, Pineridge and Falconridge
The places around Monterey Park at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Monterey Park | $380K | $383K | 82% | |
| Temple | $348K | $352K | 75% | 1 |
| Pineridge | $348K | $319K | 66% | 1.1 |
| Coral Springs | $500K | $498K | 89% | 2.2 |
| Falconridge | $310K | $306K | 63% | 2.3 |
| Marlborough Park | $348K | $327K | 75% | 2.6 |
| Whitehorn | $376K | $361K | 71% | 2.8 |
Census 2021 values; km.
Questions about property prices in Monterey Park
Is Monterey Park expensive for Alberta?
On census values, Monterey Park sits mid-table among Alberta’s towns (median $400,000).
How many households in Monterey Park are in core housing need?
9% of Monterey Park’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).