Photo: Mack Male from Edmonton, AB, Canada · CC BY-SA 2.072% of Highlands’s homes were built before 1961, against 5% across Alberta’s towns
By the 2021 census, half of owned homes were worth more than $480,000; the average was $492,207. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch. No sales are published for towns in Alberta, Highlands included, so owners’ values are the measure.
Two ways to price a home in Highlands
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $492K
- Owners
- 965
- 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
Edmonton’s detached houses are assessed 30% above the median of Alberta’s towns
Detached houses account for 61% of the 347,170 properties on Edmonton’s 2024 roll; condos for 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.
Single-detached houses are 86% of Highlands’s homes, against 64% for Alberta’s towns
People lived in 1,250 homes in Highlands at the 2021 census. 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
| Highlands | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 2% | 15% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | 1% | 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.
26 new homes a year per 1,000 in Edmonton: more than Alberta’s towns (7.5)
Building permits added 61,232 homes in Edmonton between 2018 and 2023: some 10,205 a year. About 32% went into single-unit buildings, where Alberta’s towns built 69%.
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.
Highlands is dearer than most of Alberta’s towns: 20% above their $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 Highlands: Montrose, Newton and Virginia Park
Next to Highlands: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Highlands | $480K | $492K | 79% | |
| Montrose | $278K | $285K | 58% | 0.8 |
| Newton | $300K | $316K | 78% | 1.3 |
| Virginia Park | $348K | $355K | 48% | 1.8 |
| Capilano | $448K | $490K | 86% | 1.9 |
| Beacon Heights | $300K | $316K | 79% | 2 |
| Beverly Heights | $310K | $338K | 67% | 2 |
Census 2021 values; km.
Questions about property prices in Highlands
Is Highlands expensive for Alberta?
Yes: Highlands’s census median is above the $400,000 of Alberta’s towns.
How many households in Highlands are in core housing need?
In line with Alberta’s towns (8%): 9% in Highlands, counting the households whose home falls short on cost, size or repair.
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).