35% of Kensington’s homes were built before 1961, against 5% across Alberta’s towns
Asked in 2021, owners gave a median value of $310,000; averaged, their homes came to $318,064. Statistics Canada doesn’t publish sales in Alberta, so nothing here says what Kensington’s homes actually sold for. On the 2024 assessment, the middle residential property is valued at $360,000. Behind assessed values, values by property type and building permits sits data gathered across the city of Edmonton, with Kensington one part of it.
What Kensington’s homes are worth, two ways
Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways. The census asks owners what their home would sell for, so the values are estimates from May 2021.
median, owners’ estimate
- Average
- $318K
- Owners
- 1,095
- 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).
Houses in Edmonton carry assessments 30% over the middle of 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.
How Kensington’s homes break down, by age and kind
Kensington had 1,475 occupied homes at the 2021 census, 65% of them single-detached houses. 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
| Kensington | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 17% | 15% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | 6% | 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.
Edmonton permitted 26 new homes a year per 1,000, above the 7.5 of Alberta’s towns
Some 10,205 homes a year: 61,232 in all were permitted in Edmonton from 2018 to 2023. 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
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. · Data for monthly permits covers the Edmonton metro area
Kensington against Alberta’s towns: 23% under the $400,000 median
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.
Kensington’s neighbours by home value
Next to Kensington: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Kensington | $310K | $318K | 75% | |
| Calder | $300K | $295K | 52% | 0.7 |
| Carlisle | $344K | $320K | 57% | 1 |
| Wellington | $302K | $321K | 65% | 1.5 |
| Hudson | $348K | $357K | 79% | 1.7 |
| Athlone | $348K | $331K | 75% | 1.7 |
| Lauderdale | $300K | $298K | 52% | 1.8 |
Census 2021 values; km.
Questions about property prices in Kensington
Is Kensington expensive for Alberta?
On census values, Kensington sits among the cheaper of Alberta’s towns (median $400,000).
How many households in Kensington are in core housing need?
9% of Kensington’s households, near the 8% of Alberta’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
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).