Photo: Eric Friedebach · CC BY 3.0Cypress County sits 25% above Alberta’s towns on home values
In figures: $500,000 for the median home in 2021, $400,000 for the middle of Alberta’s towns. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ. Sale prices aren’t published in Alberta: what owners told the census is the figure to go on for Cypress County.
Cypress County’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.
median, owners’ estimate
- Average
- $525K
- Owners
- 2,025
- 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 Cypress County carry assessments 34% over the middle of Alberta’s towns
Of Cypress County’s 3,360 residential properties on the 2024 roll, 86% are 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 town of houses: 91% of the homes in Cypress County stand alone (Alberta’s towns: 64%)
Cypress County had 2,655 occupied homes at the 2021 census. Half went up before 2001.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Cypress County | Alberta | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 15% | 8% |
| Needing major repairs | 5% | 5% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 3% | 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.
Permits in Cypress County ran at 9 homes a year per 1,000, near the 7.5 of Alberta’s towns
From 2018 to 2023, permits in Cypress County created 146 homes, about 24 a year. Single-unit buildings took 91% of them, where Alberta’s towns built 69%.
The busiest year: 2022, with 34 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.
Cypress County is dearer than most of Alberta’s towns: 25% above their $400,000 median
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 Cypress County: Medicine Hat and Redcliff
The places around Cypress County at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Cypress County | $500K | $525K | 88% | |
| Medicine Hat | $300K | $320K | 71% | 4.8 |
| Redcliff | $270K | $288K | 77% | 12 |
Census 2021 values; km.
Questions about property prices in Cypress County
How many households in Cypress County are in core housing need?
Below the norm for Alberta’s towns (8%): 3% in Cypress County, counting the households whose home falls short on cost, size or repair.
Is Cypress County expensive for Alberta?
More than most: Alberta’s towns have a median of $400,000, and Cypress County sits above it.
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).