Photo: under_volcano from Canada · CC BY-SA 2.0A home in Oakridge is worth 32% more than the middle of Alberta’s towns
Owners valued the median home at $528,000 in 2021, where the median of Alberta’s towns was $400,000. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Oakridge. Assessors valued the median residential property at $525,000 for 2024. Oakridge 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 Oakridge
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $552K
- Owners
- 1,960
- 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
Assessors listed 483,605 residential properties in Calgary for 2024, 62% of them detached houses and 18% 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.
More condos than most: 22% of the homes in Oakridge (Alberta’s towns: 15%)
At the 2021 census, 74% of Oakridge’s 2,260 occupied homes were single-detached houses. The older half dates from before 1981. 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
| Oakridge | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 22% | 15% | 8% |
| Needing major repairs | 4% | 5% | 6% |
| Too small for the household | 1% | 4% | 3% |
| Households in core housing need | 5% | 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
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.
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
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 published for the Calgary metro area, not by town
Oakridge is dearer than most of Alberta’s towns: 32% above their $400,000 median
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 Oakridge: Cedarbrae, Braeside and Woodbine
The places around Oakridge at the 2021 census: median and average value, and how many own.
Questions about property prices in Oakridge
How many households in Oakridge are in core housing need?
Fewer than most: 5% of households in Oakridge, where Alberta’s towns sit at 8%.
Is Oakridge expensive for Alberta?
Above the norm for Alberta’s towns, whose median home is worth $400,000; Oakridge’s is worth more.
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).