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Property prices in Cumberland · Census 2021 and Statistics Canada

Homes from 2001 on make up 67% of Cumberland, where Alberta’s towns have 24%

A median of $360,000 and a mean of $387,726: that is how owners valued their homes in 2021. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Cumberland.

Median home value
$360K
owners’ estimate, census 2021
average $388K
Median assessed value
$360K
all residential, 2024
New homes a year
10,205
permits, 2018–2023
26 per 1,000 homes
Owner households
1,715
census 2021
82% of households
What homes are worth

Cumberland’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. For assessed values, values by property type and building permits, the only official count covers all of the city of Edmonton, Cumberland included.

Census 2021$360K

median, owners’ estimate

Average
$388K
Owners
1,715
Alberta’s towns
$400K
The typical Canadian town
$406K
Assessed, 2024$360K

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).

By type of home

On the assessment roll, Edmonton’s houses sit 30% above Alberta’s towns

The 2024 assessment roll counts 347,170 homes in Edmonton: detached houses make 61% of them, condos 18%.

Assessed value

Median assessment by type, 2024 the tick is the median of Alberta’s towns

Detached houses$429K
Semi-detached$358K
Row houses$218K
Condos$151K
The mix of properties
Detached houses61%
Condos18%
Row houses11%
Semi-detached9%
1,970 sq ft
living area of the median detached house (Alberta’s towns: 1,960 sq ft)
854 sq ft
living area of the median condo

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

The homes of Cumberland, by period and type

2,105 occupied homes stood in Cumberland in 2021, and single-detached houses made up 81% of them. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.

When they were built

Homes by period of construction the tick is the median of Alberta’s towns

Before 1961under 1%
1961–19801%
1981–200032%
2001–201566%
2016–20211%
What kind of home

Homes by kind

Single-detached houses81%
Semi-detached housesunder 1%
Row houses9%
Apartments, under 5 storeys10%
Against the median town of the province and of Canada
CumberlandAlbertaCanada
Condominiums13%15%8%
Needing major repairs2%5%6%
Too small for the household6%4%3%
Households in core housing need6%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.

New homes

Permits in Edmonton ran at 26 homes a year per 1,000, where Alberta’s towns ran at 7.5

Edmonton issued permits for 61,232 new homes from 2018 to 2023, or about 10,205 a year. Single-unit buildings took 32%, the rest buildings of two or more, against 69% for Alberta’s towns.

Permits by year, 2018–2023

A peak in 2022: 12,256 new homes

Single-unit buildingsTwo or more units
05,00010,00015,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Edmonton26
Alberta’s towns7.5
The typical Canadian town13.8
$1,907M
of new residential construction a year, 2019–2023
The metro area

21,179 new homes in the 12 months to August 2026, down 15% on the year before

010,00020,00030,00020212022202320242025

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.

Across Alberta

Cumberland against Alberta’s towns: 10% under the $400,000 median

The census values of Alberta’s towns, 478 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Cumberland: Wellington and Caernarvon

The places around Cumberland at the 2021 census: median and average value, and how many own.

HudsonCarltonOxfordWellingtonCaernarvonCarlisleHudsonCarltonOxfordWellingtonCaernarvonCarlisleCumberland
Prices next door
TownMedian home valueAverageOwnerskm
Cumberland$360K$388K82%
Hudson$348K$357K79%0.7
Carlton$424K$434K84%1.1
Oxford$400K$423K85%1.1
Wellington$302K$321K65%1.3
Caernarvon$324K$295K63%1.5
Carlisle$344K$320K57%1.9

Census 2021 values; km.

Questions about property prices in Cumberland

How many households in Cumberland are in core housing need?

In Cumberland, 6% of households are in core housing need, against 8% for Alberta’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.

Is Cumberland expensive for Alberta?

On census values, Cumberland sits among the cheaper of 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).