Photo: Neil · CC BY 2.0Homes in Devon are worth a median $332,000
1,930 owner households answered the census question on value in 2021. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. What homes sold for in Devon isn’t public: no sale figures are released in Alberta.
Two ways to price a home in Devon
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms.
median, owners’ estimate
- Average
- $343K
- Owners
- 1,930
- 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).
Devon’s houses carry 2 times the assessment of its condos
Assessors listed 2,450 residential properties in Devon for 2024, 82% of them detached houses and 4% 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.
13% of Devon’s households are in core housing need, against 8% for Alberta’s towns
At the 2021 census, 78% of Devon’s 2,500 occupied homes were single-detached houses. The older half dates from before 2001.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Devon | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 11% | 15% | 8% |
| Needing major repairs | 5% | 5% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 13% | 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: 6.6 new homes a year per 1,000 in Devon, against 7.5
Some 16 homes a year: 78 in all were permitted in Devon from 2018 to 2022. Most were houses: 77% went into single-unit buildings, against 69% for Alberta’s towns.
A peak in 2022: 41 new homes
New homes a year per 1,000 homes
Slowing: 21,179 new homes in the 12 months to August 2026, 15% fewer
Area-wide: monthly permits, counted over the Edmonton metro area
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.
Devon is cheaper than most of Alberta’s towns: 17% 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.
Cheaper next to Devon: Calmar
Next to Devon: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Devon | $332K | $343K | 77% | |
| Keswick | $448K | $602K | 73% | 9.9 |
| Calmar | $300K | $295K | 81% | 11.2 |
| Chappelle | $412K | $460K | 80% | 11.3 |
| Glenridding Heights | $416K | $446K | 88% | 11.3 |
| Windermere | $460K | $669K | 80% | 11.6 |
| Ambleside | $496K | $451K | 66% | 11.7 |
Census 2021 values; km.
Questions about property prices in Devon
Is Devon expensive for Alberta?
No: Devon’s census median is below 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).