Photo: Unknown author Unknown author · Public domainOwners in Camrose value their homes 25% below the median of Alberta’s towns
Owners valued the median home at $300,000 in 2021, where the median of Alberta’s towns was $400,000. What homes sold for in Camrose isn’t public: no sale figures are released in Alberta. On the 2024 assessment, the middle residential property is valued at $290,000.
Camrose’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. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $325K
- Owners
- 5,370
- 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).
Houses in Camrose carry assessments 9% under the middle of Alberta’s towns
Assessors listed 6,955 residential properties in Camrose for 2024, 76% of them detached houses and 7% 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.
Camrose’s homes: when they went up and what they are
8,135 occupied homes stood in Camrose in 2021, and single-detached houses made up 62% of them. At least half predate 2001.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Camrose | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 10% | 15% | 8% |
| Needing major repairs | 6% | 5% | 6% |
| Too small for the household | 2% | 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.
Building at the pace of Alberta’s towns: 6.6 new homes a year per 1,000 in Camrose, against 7.5
Some 50 homes a year: 301 in all were permitted in Camrose from 2018 to 2023. About 38% went into single-unit buildings, where Alberta’s towns built 69%.
A peak in 2023: 75 new homes
New homes a year per 1,000 homes
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.
Camrose is 25% below the $400,000 median of Alberta’s towns
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 Camrose: Wetaskiwin, Tofield and Millet
The places around Camrose at the 2021 census: median and average value, and how many own. Distances here run 12–44 km: that is how far the nearest places with figures are from Camrose.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Camrose | $300K | $325K | 66% | |
| Camrose County | $380K | $412K | 89% | 11.7 |
| Beaver County | $348K | $401K | 90% | 33.7 |
| Wetaskiwin | $250K | $249K | 63% | 35.7 |
| Tofield | $256K | $262K | 77% | 42 |
| Millet | $276K | $255K | 83% | 43.5 |
Census 2021 values; km.
Questions about property prices in Camrose
Is Camrose expensive for Alberta?
On census values, Camrose sits among the cheaper of Alberta’s towns (median $400,000).
How many households in Camrose are in core housing need?
Statistics Canada puts 10% of Camrose’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).