Photo: Thank you for visiting my page from Canada · CC BY 2.0Permits in Cochrane added 40.2 homes a year for every 1,000, where Alberta’s towns added 7.5
Asked in 2021, owners gave a median value of $448,000; averaged, their homes came to $466,800. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales. There is no public record of sale prices in Alberta, which leaves the census value as the guide for Cochrane.
What Cochrane’s homes are worth, two ways
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms.
median, owners’ estimate
- Average
- $467K
- Owners
- 10,125
- 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).
On the assessment roll, Cochrane’s houses sit 75% above Alberta’s towns
Assessors listed 12,915 residential properties in Cochrane for 2024, 72% of them detached houses and 11% 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.
66% of Cochrane’s homes are from 2001 or later, against 24% for Alberta’s towns
Cochrane had 12,095 occupied homes at the 2021 census, 60% of them single-detached houses.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Cochrane | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 21% | 15% | 8% |
| Needing major repairs | 2% | 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.
The peak came in 2021, when Cochrane permitted 621 new homes
From 2018 to 2023, permits in Cochrane created 2,789 homes, about 465 a year. Single-unit buildings took 56% of them, where Alberta’s towns built 69%.
New homes a year per 1,000 homes
26,142 new homes in the 12 months to August 2026, about as many as the year before
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. · Monthly permits: the Calgary metro area
Cochrane is 12% above the $400,000 median of Alberta’s towns
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.
Home values around Cochrane
The places around Cochrane at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Cochrane | $448K | $467K | 84% | |
| Rocky View County | $900K | $1.03M | 92% | 15.2 |
| Rocky Ridge | $532K | $563K | 82% | 16.7 |
| Tuscany | $552K | $569K | 89% | 17.4 |
| Royal Oak | $544K | $524K | 83% | 18.3 |
| Valley Ridge | $650K | $631K | 95% | 18.4 |
Census 2021 values; km.
Questions about property prices in Cochrane
How many households in Cochrane are in core housing need?
Statistics Canada puts 7% of Cochrane’s households in core housing need, much as for Alberta’s towns (8%).
Is Cochrane expensive for Alberta?
Yes: Cochrane’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).