A newly built town: 95% of the homes in Carlton date from 2001 or later (Alberta’s towns: 24%)
The middle home was worth $424,000 at the 2021 census, the average $434,215. What homes sold for in Carlton isn’t public: no sale figures are released in Alberta. Assessors valued the median residential property at $360,000 for 2024. Figures for assessed values, values by property type and building permits are published for the city of Edmonton as a whole, not for Carlton alone.
What Carlton’s homes are worth, two ways
Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates.
median, owners’ estimate
- Average
- $434K
- Owners
- 1,440
- 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).
A detached house in Edmonton is assessed 30% higher than across Alberta’s towns
Assessors listed 347,170 residential properties in Edmonton for 2024, 61% of them detached houses and 18% 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.
The homes of Carlton, by period and type
Carlton had 1,730 occupied homes at the 2021 census, 73% of them single-detached houses. 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
| Carlton | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 18% | 15% | 8% |
| Needing major repairs | 2% | 5% | 6% |
| Too small for the household | 8% | 4% | 3% |
| Households in core housing need | 6% | 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 Edmonton ran at 26 homes a year per 1,000, where Alberta’s towns ran at 7.5
Building permits added 61,232 homes in Edmonton between 2018 and 2023: some 10,205 a year. The mix: 32% in single-unit buildings, beside 69% for Alberta’s towns. Carlton doesn’t get its own monthly permits figures; the ones here come from the Edmonton metro area.
Most 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.
Carlton sits close to the $400,000 median of Alberta’s towns
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 Carlton: Oxford, Cumberland and Albany
Next to Carlton: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Carlton | $424K | $434K | 84% | |
| Oxford | $400K | $423K | 85% | 0.8 |
| Cumberland | $360K | $388K | 82% | 1.1 |
| Albany | $352K | $386K | 66% | 1.4 |
| Hudson | $348K | $357K | 79% | 1.8 |
| Dunluce | $324K | $301K | 65% | 2.1 |
| Caernarvon | $324K | $295K | 63% | 2.1 |
Census 2021 values; km.
Questions about property prices in Carlton
How many households in Carlton are in core housing need?
6% of Carlton’s households, under the 8% of Alberta’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Is Carlton expensive for Alberta?
On census values, Carlton sits mid-table among Alberta’s towns (median $400,000).
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).