Photo: Bythelake10 · CC BY-SA 4.0Since 2001, Chestermere has built 80% of the homes it has today; Alberta’s towns, 24%
Asked in 2021, owners gave a median value of $532,000; averaged, their homes came to $579,000. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since. For Chestermere there is no published sale price, as for every town in Alberta.
Chestermere’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.
median, owners’ estimate
- Average
- $579K
- Owners
- 6,130
- 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).
Chestermere’s detached houses are assessed at 2.1 times the median of Alberta’s towns
In 2024, Chestermere had 8,640 residential properties on the roll, detached houses 76% of them and condos 2%.
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.
Chestermere’s homes: when they went up and what they are
Of the 6,730 homes people lived in across Chestermere at the 2021 census, 80% were single-detached houses.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Chestermere | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 12% | 15% | 8% |
| Needing major repairs | 3% | 5% | 6% |
| Too small for the household | 4% | 4% | 3% |
| Households in core housing need | 4% | 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.
Chestermere is 33% above 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 Chestermere: Abbeydale, Applewood Park and Penbrooke Meadows
The places around Chestermere at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Chestermere | $532K | $579K | 91% | |
| Abbeydale | $300K | $277K | 77% | 7.4 |
| Applewood Park | $352K | $359K | 61% | 7.5 |
| Penbrooke Meadows | $250K | $247K | 64% | 8.7 |
| Monterey Park | $380K | $383K | 82% | 8.9 |
| Marlborough Park | $348K | $327K | 75% | 9 |
| Pineridge | $348K | $319K | 66% | 9.2 |
Census 2021 values; km.
Questions about property prices in Chestermere
How many households in Chestermere are in core housing need?
4% of Chestermere’s households, under the 8% of Alberta’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Is Chestermere expensive for Alberta?
More than most: Alberta’s towns have a median of $400,000, and Chestermere sits above it.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. 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).