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.
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.
median, owners’ estimate
- Average
- $388K
- Owners
- 1,715
- 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).
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%.
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 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.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Cumberland | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 13% | 15% | 8% |
| Needing major repairs | 2% | 5% | 6% |
| Too small for the household | 6% | 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
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.
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
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.
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.
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.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Cumberland | $360K | $388K | 82% | |
| Hudson | $348K | $357K | 79% | 0.7 |
| Carlton | $424K | $434K | 84% | 1.1 |
| Oxford | $400K | $423K | 85% | 1.1 |
| Wellington | $302K | $321K | 65% | 1.3 |
| Caernarvon | $324K | $295K | 63% | 1.5 |
| Carlisle | $344K | $320K | 57% | 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).