Homes in Bearspaw are worth a median $392,000
It is the middle of what 1,835 owner households told the 2021 census. These home values were given by owners themselves, in a census taken in May 2021. Sale prices aren’t published in Alberta: what owners told the census is the figure to go on for Bearspaw.
What Bearspaw’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
- $399K
- Owners
- 1,835
- 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). · Area-wide: assessed values, values by property type and building permits, counted over the city of Edmonton
On the assessment roll, Edmonton’s houses sit 30% above Alberta’s towns
Of Edmonton’s 347,170 residential properties on the 2024 roll, 61% are detached houses and 18% are 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.
Condominiums are 36% of Bearspaw’s homes, against 15% for Alberta’s towns
The 2021 census counted 2,170 occupied homes in Bearspaw; 60% of them are single-detached houses. Half went up before 2001. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Bearspaw | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 36% | 15% | 8% |
| Needing major repairs | 4% | 5% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 9% | 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.
Edmonton permitted 26 new homes a year per 1,000, above the 7.5 of Alberta’s towns
Over 2018–2023, 61,232 homes were permitted in Edmonton, close to 10,205 each year. 32% were single-unit buildings and the rest multi-unit ones, against 69% for Alberta’s towns.
A peak in 2022: 12,256 new homes
New homes a year per 1,000 homes
21,179 new homes in the 12 months to August 2026, down 15% on 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: one figure for all of the Edmonton metro area
Bearspaw against Alberta’s towns: about level with the $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 Bearspaw: Skyrattler
The places around Bearspaw at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Bearspaw | $392K | $399K | 85% | |
| Skyrattler | $360K | $404K | 57% | 1.6 |
| Ermineskin | $400K | $353K | 44% | 1.7 |
| Twin Brooks | $500K | $515K | 93% | 2.1 |
| MacEwan | $400K | $353K | 58% | 2.4 |
| Blue Quill | $460K | $398K | 42% | 2.4 |
| Cavanagh | $480K | $492K | 87% | 2.5 |
Census 2021 values; km.
Questions about property prices in Bearspaw
How many households in Bearspaw are in core housing need?
In line with Alberta’s towns (8%): 9% in Bearspaw, counting the households whose home falls short on cost, size or repair.
Is Bearspaw expensive for Alberta?
Neither more nor less: Alberta’s towns have a median of $400,000, and Bearspaw is near 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).