Homes from 2001 on make up 98% of Laurel, where Alberta’s towns have 24%
By the 2021 census, half of owned homes were worth more than $436,000; the average was $439,053. There is no public record of sale prices in Alberta, which leaves the census value as the guide for Laurel. The 2024 property assessment puts the median residential property at $360,000. For assessed values, values by property type and building permits, the only official count covers all of the city of Edmonton, Laurel included.
What Laurel’s homes are worth, two ways
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms. The values date from May 2021 and are what owners thought their homes were worth, not sale prices.
median, owners’ estimate
- Average
- $439K
- Owners
- 3,120
- 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).
Edmonton’s detached houses are assessed 30% above the median of 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.
Laurel’s homes: when they went up and what they are
At the 2021 census, 52% of Laurel’s 3,945 occupied homes were single-detached houses. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Laurel | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 15% | 15% | 8% |
| Needing major repairs | 1% | 5% | 6% |
| Too small for the household | 16% | 4% | 3% |
| Households in core housing need | 6% | 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
Edmonton issued permits for 61,232 new homes from 2018 to 2023, or about 10,205 a year. The mix: 32% in single-unit buildings, beside 69% for Alberta’s towns. Laurel doesn’t get its own monthly permits figures; the ones here come from the Edmonton metro area.
Most in 2022: 12,256 new homes
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.
Laurel against Alberta’s towns: 9% over 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.
Lower values near Laurel: Daly Grove, Crawford Plains and Bisset
The places around Laurel at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Laurel | $436K | $439K | 79% | |
| Daly Grove | $344K | $326K | 69% | 1 |
| Crawford Plains | $348K | $342K | 76% | 1.4 |
| Bisset | $348K | $334K | 61% | 1.6 |
| Silver Berry | $400K | $371K | 77% | 1.7 |
| Pollard Meadows | $310K | $302K | 58% | 1.9 |
| Weinlos | $344K | $341K | 71% | 2.5 |
Census 2021 values; km.
Questions about property prices in Laurel
How many households in Laurel are in core housing need?
Below the norm for Alberta’s towns (8%): 6% in Laurel, counting the households whose home falls short on cost, size or repair.
Is Laurel expensive for Alberta?
Dearer than the middle: Alberta’s towns come to $400,000, Laurel 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).