A home in Homesteader is worth 25% less than the middle of Alberta’s towns
The 2021 census gives $302,000 as the median value; Alberta’s towns come to $400,000. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch. For Homesteader there is no published sale price, as for every town in Alberta.
Two ways to price a home in Homesteader
Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways.
median, owners’ estimate
- Average
- $297K
- Owners
- 990
- 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
On the assessment roll, Edmonton’s houses sit 30% above 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.
More need than most: 16% of households in Homesteader (Alberta’s towns: 8%)
The 2021 census counted 2,195 occupied homes in Homesteader; 32% of them are single-detached houses. At least half predate 1981. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Homesteader | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 24% | 15% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | 13% | 4% | 3% |
| Households in core housing need | 16% | 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. 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
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. · Monthly permits: one figure for all of the Edmonton metro area
Homesteader against Alberta’s towns: 25% 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 Homesteader: Clareview Town Centre and Belvedere
Next to Homesteader: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Homesteader | $302K | $297K | 46% | |
| Clareview Town Centre | $276K | $238K | 44% | 1.1 |
| Belmont | $290K | $287K | 68% | 1.3 |
| Belvedere | $230K | $258K | 50% | 1.4 |
| Newton | $300K | $316K | 78% | 1.8 |
| Overlanders | $348K | $325K | 36% | 1.9 |
| Beacon Heights | $300K | $316K | 79% | 2 |
Census 2021 values; km.
Questions about property prices in Homesteader
Is Homesteader expensive for Alberta?
Cheaper than the middle: Alberta’s towns come to $400,000, Homesteader to less.
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).