Thorncliffe’s housing is older than most: 27% dates from before 1961 (Alberta’s towns: 5%)
By the 2021 census, half of owned homes were worth more than $460,000; the average was $451,921. No sales are published for towns in Alberta, Thorncliffe included, so owners’ values are the measure. 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, Thorncliffe included.
What Thorncliffe’s homes are worth, two ways
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $452K
- Owners
- 3,995
- 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.
More need than most: 13% of households in Thorncliffe (Alberta’s towns: 8%)
Thorncliffe had 6,615 occupied homes at the 2021 census, 50% of them single-detached houses. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Thorncliffe | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 15% | 15% | 8% |
| Needing major repairs | 6% | 5% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 13% | 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.
Building ahead of Alberta’s towns: 26.6 new homes a year per 1,000 in Calgary, against 7.5
Some 12,879 homes a year: 77,275 in all were permitted in Calgary from 2018 to 2023. The mix: 26% in single-unit buildings, beside 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
The monthly permits numbers here cover 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.
Thorncliffe is dearer than most of Alberta’s towns: 15% 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 Thorncliffe: Huntington Hills and Beddington Heights
The places around Thorncliffe at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Thorncliffe | $460K | $452K | 61% | |
| Huntington Hills | $400K | $394K | 60% | 1.7 |
| Highland Park | $500K | $501K | 35% | 1.8 |
| Mount Pleasant | $650K | $662K | 61% | 2.7 |
| Beddington Heights | $392K | $375K | 72% | 2.9 |
| Charleswood | $600K | $709K | 75% | 3 |
| Tuxedo Park | $512K | $553K | 46% | 3.2 |
Census 2021 values; km.
Questions about property prices in Thorncliffe
Is Thorncliffe expensive for Alberta?
Yes: Thorncliffe’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).