Photo: Mack Male from Edmonton, AB, Canada · CC BY-SA 2.0Edmonton is adding housing quickly, at 26 new homes a year per 1,000 (Alberta’s towns: 7.5)
Asked in 2021, owners gave a median value of $384,000; averaged, their homes came to $419,600. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ. No sales are published for towns in Alberta, Edmonton included, so owners’ values are the measure.
Edmonton’s homes, by two sources
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
- $420K
- Owners
- 252,090
- 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
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 apartments than most: 30% of the homes in Edmonton (Alberta’s towns: 14%)
The 2021 census counted 396,400 occupied homes in Edmonton. Half or more were standing by 2000.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Edmonton | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 24% | 15% | 8% |
| Needing major repairs | 5% | 5% | 6% |
| Too small for the household | 7% | 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.
The peak came in 2022, when Edmonton permitted 12,256 new homes
Some 10,205 homes a year: 61,232 in all were permitted in Edmonton from 2018 to 2023. 32% were single-unit buildings and the rest multi-unit ones, against 69% for Alberta’s towns.
New homes a year per 1,000 homes
Slowing: 21,179 new homes in the 12 months to August 2026, 15% fewer
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. · Area behind the monthly permits figures: the Edmonton metro area
Edmonton against Alberta’s towns: about level with 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 Edmonton: Downtown
The places around Edmonton at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Edmonton | $384K | $420K | 64% | |
| Garneau | $480K | $750K | 26% | 0.7 |
| Queen Alexandra | $380K | $423K | 26% | 0.8 |
| Strathcona | $456K | $501K | 31% | 1 |
| McKernan | $600K | $670K | 52% | 1.5 |
| Downtown | $332K | $366K | 28% | 2 |
| Allendale | $428K | $478K | 45% | 2.1 |
Census 2021 values; km.
Questions about property prices in Edmonton
How many households in Edmonton are in core housing need?
Statistics Canada puts 12% of Edmonton’s households in core housing need, a higher share than the 8% of Alberta’s towns.
Is Edmonton expensive for Alberta?
On census values, Edmonton sits mid-table among 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).