Photo: Qyd · CC BY-SA 3.0An old town: 26% of the homes in Montgomery predate 1961, where Alberta’s towns have 5%
The 2021 census put the median home at $500,000, with an average of $550,565. What homes sold for in Montgomery isn’t public: no sale figures are released in Alberta. For 2024, the median assessed value of a residential property is $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 Montgomery alone.
What Montgomery’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. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up.
median, owners’ estimate
- Average
- $551K
- Owners
- 1,115
- 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).
Calgary’s detached houses are assessed 88% above the median of Alberta’s towns
Detached houses account for 62% of the 483,605 properties on Calgary’s 2024 roll; condos for 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.
The homes of Montgomery, by period and type
The 2021 census counted 1,770 occupied homes in Montgomery; 45% of them are single-detached houses. 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
| Montgomery | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 7% | 15% | 8% |
| Needing major repairs | 6% | 5% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 10% | 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)
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.
The busiest year: 2023, with 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
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. · Monthly permits: one figure for all of the Calgary metro area
Montgomery is dearer than most of Alberta’s towns: 25% above their $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 Montgomery: Coach Hill and Bowness
Next to Montgomery: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Montgomery | $500K | $551K | 63% | |
| Patterson | $576K | $574K | 72% | 1.6 |
| Coach Hill | $452K | $496K | 83% | 1.8 |
| University Heights | $755K | $817K | 29% | 2.1 |
| Varsity | $600K | $648K | 63% | 2.1 |
| Wildwood | $600K | $631K | 83% | 2.5 |
| Bowness | $400K | $379K | 54% | 2.8 |
Census 2021 values; km.
Questions about property prices in Montgomery
Is Montgomery expensive for Alberta?
Above the norm for Alberta’s towns, whose median home is worth $400,000; Montgomery’s is worth more.
How many households in Montgomery are in core housing need?
Statistics Canada puts 10% of Montgomery’s households in core housing need, much as for Alberta’s towns (8%).
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).