Photo: Johntwrl · Public domainAn old town: 40% of the homes in Forest Heights predate 1961, where Alberta’s towns have 5%
Asked in 2021, owners gave a median value of $460,000; averaged, their homes came to $517,453. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Forest Heights. For 2024, the median assessed value of a residential property is $360,000. Forest Heights doesn’t get its own assessed values, values by property type and building permits figures; the ones here come from the city of Edmonton.
What Forest Heights’s homes are worth, two ways
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales.
median, owners’ estimate
- Average
- $517K
- Owners
- 1,115
- 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
In 2024, Edmonton had 347,170 residential properties on the roll, detached houses 61% of them and 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.
12% of Forest Heights’s households are in core housing need, against 8% for Alberta’s towns
At the 2021 census, 51% of Forest Heights’s 1,870 occupied homes were single-detached houses. 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
| Forest Heights | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 6% | 15% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 12% | 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.
26 new homes a year per 1,000 in Edmonton: more than Alberta’s towns (7.5)
Over 2018–2023, 61,232 homes were permitted in Edmonton, close to 10,205 each year. The mix: 32% in single-unit buildings, beside 69% for Alberta’s towns.
A peak in 2022: 12,256 new homes
New homes a year per 1,000 homes
Down 15%: 21,179 new homes in the year to August 2026
Measured across the Edmonton metro area: monthly permits
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.
Forest Heights is 15% above 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 Forest Heights: Holyrood, Virginia Park and Boyle Street
Next to Forest Heights: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Forest Heights | $460K | $517K | 61% | |
| Holyrood | $428K | $473K | 61% | 1.5 |
| Virginia Park | $348K | $355K | 48% | 1.6 |
| Capilano | $448K | $490K | 86% | 1.6 |
| Riverdale | $496K | $561K | 49% | 1.8 |
| Boyle Street | $180K | $271K | 13% | 1.8 |
| Ottewell | $420K | $419K | 69% | 1.9 |
Census 2021 values; km.
Questions about property prices in Forest Heights
Is Forest Heights expensive for Alberta?
Dearer than the middle: Alberta’s towns come to $400,000, Forest Heights to more.
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).