Guest, Sign inJoin
Patterson and Downtown (15318666887)Photo: Michael from Calgary, AB, Canada · CC BY 2.0
DCost of living Grade
Property prices in Patterson · Census 2021 and Statistics Canada

31% of Patterson’s homes are apartments, against 14% for Alberta’s towns

The 2021 census put the median home at $576,000, with an average of $574,187. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Patterson. On the 2024 assessment, the middle residential property is valued at $525,000. For assessed values, values by property type and building permits, the only official count covers all of the city of Calgary, Patterson included.

Median home value
$576K
owners’ estimate, census 2021
average $574K
Median assessed value
$525K
all residential, 2024
New homes a year
12,879
permits, 2018–2023
26.6 per 1,000 homes
Owner households
1,420
census 2021
72% of households
What homes are worth

Patterson’s homes, by two sources

Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways. The census asks owners what their home would sell for, so the values are estimates from May 2021.

Census 2021$576K

median, owners’ estimate

Average
$574K
Owners
1,420
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

Calgary’s detached houses are assessed 88% above the median of Alberta’s towns

In 2024, Calgary had 483,605 residential properties on the roll, detached houses 62% of them and condos 18%.

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

64% of Patterson’s homes are condos, where Alberta’s towns have 15%

People lived in 1,980 homes in Patterson at the 2021 census. The older half dates from before 2001. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.

When they were built

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

Before 19611%
1961–19805%
1981–200080%
2001–201510%
2016–20213%
What kind of home

Homes by kind

Single-detached houses28%
Semi-detached houses9%
Row houses32%
Apartments, under 5 storeys31%
Against the median town of the province and of Canada
PattersonAlbertaCanada
Condominiums64%15%8%
Needing major repairs4%5%6%
Too small for the household4%4%3%
Households in core housing need12%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

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. About 26% went into single-unit buildings, where Alberta’s towns built 69%.

Permits by year, 2018–2023

The busiest year: 2023, with 18,187 new homes

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

Measured across the Calgary metro area: monthly permits

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

Patterson against Alberta’s towns: 44% 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 Patterson: Coach Hill and Montgomery

Next to Patterson: 2021 census values and the share of owners.

Coach HillStrathcona ParkMontgomeryWildwoodWestgateWest SpringsCoach HillStrathcona ParkMontgomeryWildwoodWestgateWest SpringsPatterson
Prices next door
TownMedian home valueAverageOwnerskm
Patterson$576K$574K72%
Coach Hill$452K$496K83%0.7
Strathcona Park$650K$669K90%1.4
Montgomery$500K$551K63%1.6
Wildwood$600K$631K83%1.9
Westgate$548K$518K73%2
West Springs$670K$745K88%2.2

Census 2021 values; km.

Questions about property prices in Patterson

Is Patterson expensive for Alberta?

More than most: Alberta’s towns have a median of $400,000, and Patterson sits above it.

How many households in Patterson are in core housing need?

More than most: 12% of households in Patterson, where Alberta’s towns sit at 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).