Guest, Sign inJoin
December Sunset in Claresholm, Alberta - panoramioPhoto: Tiado · CC BY-SA 3.0
CCost of living Grade
Property prices in Claresholm · Census 2021 and Statistics Canada

A home in Claresholm is worth 38% less than the middle of Alberta’s towns

At the 2021 census the median home was worth $250,000, where Alberta’s towns sit at $400,000. Sale prices aren’t published in Alberta: what owners told the census is the figure to go on for Claresholm. On the 2024 assessment, the middle residential property is valued at $250,000.

Median home value
$250K
owners’ estimate, census 2021
average $270K
Median assessed value
$250K
all residential, 2024
New homes a year
14
permits, 2018–2023
8.8 per 1,000 homes
Owner households
1,305
census 2021
77% of households
What homes are worth

What Claresholm’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. Self-assessed in May 2021, these values predate the rate rises that followed.

Census 2021$250K

median, owners’ estimate

Average
$270K
Owners
1,305
Alberta’s towns
$400K
The typical Canadian town
$406K
Assessed, 2024$250K

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

Claresholm’s houses carry 3 times the assessment of its condos

The 2024 assessment roll counts 1,740 homes in Claresholm: detached houses make 75% of them, condos 6%.

Assessed value

Median assessment by type, 2024 the tick is the median of Alberta’s towns

Detached houses$273K
Semi-detached$292K
Row houses$116K
Condos$92K
Mobile homes$159K
Multi-unit properties$389K
The mix of properties
Detached houses75%
Semi-detached8%
Condos6%
Mobile homes5%
Multi-unit properties3%
Row houses2%
1,920 sq ft
living area of the median detached house (Alberta’s towns: 1,960 sq ft)
339 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

The homes of Claresholm, by period and type

Claresholm had 1,710 occupied homes at the 2021 census, 73% of them single-detached houses. Half went up before 1981.

When they were built

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

Before 196122%
1961–198040%
1981–200020%
2001–201516%
2016–20212%
What kind of home

Homes by kind

Single-detached houses73%
Semi-detached houses8%
Row houses3%
Flats in a duplex2%
Apartments, under 5 storeys11%
Movable dwellings4%
Against the median town of the province and of Canada
ClaresholmAlbertaCanada
Condominiums6%15%8%
Needing major repairs6%5%6%
Too small for the household2%4%3%
Households in core housing need2%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

Claresholm permitted 8.8 new homes a year per 1,000, close to the 7.5 of Alberta’s towns

Building permits added 82 homes in Claresholm between 2018 and 2023: some 14 a year. Apartments and other multi-unit buildings dominate: only 8% were single-unit, against 69% for Alberta’s towns.

Permits by year, 2018–2023

Most in 2021: 23 new homes

Single-unit buildingsTwo or more units
0102030201820192020202120222023
The pace

New homes a year per 1,000 homes

Claresholm8.8
Alberta’s towns7.5
The typical Canadian town13.8
$3.15M
of new residential construction a year, 2019–2023

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

Claresholm against Alberta’s towns: 38% under 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.

Home values around Claresholm

The places around Claresholm at the 2021 census: median and average value, and how many own. No closer places have figures: these lie 10–48 km from Claresholm.

Willow Creek No. 26Fort MacleodNantonNoblefordVulcanWillow Creek No. 26Fort MacleodNantonNoblefordVulcanClaresholm
Prices next door
TownMedian home valueAverageOwnerskm
Claresholm$250K$270K77%
Willow Creek No. 26$360K$412K84%10.1
Fort Macleod$240K$262K77%36.3
Nanton$300K$302K80%38
Nobleford$300K$328K84%41.7
Vulcan$250K$249K83%47.8

Census 2021 values; km.

Questions about property prices in Claresholm

How many households in Claresholm are in core housing need?

Statistics Canada puts 2% of Claresholm’s households in core housing need, a smaller share than the 8% of Alberta’s towns.

Is Claresholm expensive for Alberta?

On census values, Claresholm sits among the cheaper of Alberta’s towns (median $400,000).

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).