Photo: dave_7 from Lethbridge, Canada · CC BY 2.0Home values in Coaldale run 25% lower than the median of Alberta’s towns
At the 2021 census the median home was worth $300,000, where Alberta’s towns sit at $400,000. Those values come from owners at the 2021 census and predate the prices of the years since. No sales are published for towns in Alberta, Coaldale included, so owners’ values are the measure.
Coaldale’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
- $335K
- Owners
- 2,690
- 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).
Detached houses make up 87% of Coaldale’s residential properties
Assessors listed 2,990 residential properties in Coaldale for 2024, 87% of them detached houses.
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.
A younger stock than most: 35% of Coaldale’s homes went up after 2000 (Alberta’s towns: 24%)
Coaldale had 3,245 occupied homes at the 2021 census, 78% of them single-detached houses.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Coaldale | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 5% | 15% | 8% |
| Needing major repairs | 6% | 5% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 7% | 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: 6.9 new homes a year per 1,000 in Coaldale, against 7.5
Building permits added 119 homes in Coaldale between 2018 and 2023: some 20 a year. Houses dominate the permits, at 73% in single-unit buildings (Alberta’s towns: 69%).
Most in 2023: 29 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.
Coaldale is cheaper than most of Alberta’s towns: 25% under 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.
Coaldale’s neighbours by home value
The places around Coaldale at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Coaldale | $300K | $335K | 83% | |
| Lethbridge | $314K | $338K | 68% | 16.4 |
| Lethbridge County | $500K | $564K | 78% | 17.9 |
Census 2021 values; km.
Questions about property prices in Coaldale
Is Coaldale expensive for Alberta?
On census values, Coaldale sits among the cheaper of Alberta’s towns (median $400,000).
How many households in Coaldale are in core housing need?
In line with Alberta’s towns (8%): 7% in Coaldale, counting the households whose home falls short on cost, size or repair.
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).