Photo: Tracklan2 · CC0An old town: 49% of the homes in Newton predate 1961, where Alberta’s towns have 5%
Census values for 2021: a median of $300,000 and an average of $316,225. No sale stands behind these values: owners named them at the census of May 2021. No open sale prices are published in Alberta, so for Newton the census value is the measure.
What Newton’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.
median, owners’ estimate
- Average
- $316K
- Owners
- 845
- 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 behind the assessed values, values by property type and building permits figures: the city of Edmonton
Houses in Edmonton carry assessments 30% over the middle 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.
Newton’s homes: when they went up and what they are
Newton had 1,105 occupied homes at the 2021 census, 85% 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
| Newton | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 4% | 15% | 8% |
| Needing major repairs | 7% | 5% | 6% |
| Too small for the household | 4% | 4% | 3% |
| Households in core housing need | 10% | 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
From 2018 to 2023, permits in Edmonton created 61,232 homes, about 10,205 a year. About 32% went into single-unit buildings, where Alberta’s towns built 69%. Newton doesn’t get its own monthly permits figures; the ones here come from the Edmonton metro area.
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
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.
Newton against Alberta’s towns: 25% 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.
Lower values near Newton: Montrose and Belvedere
Next to Newton: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Newton | $300K | $316K | 78% | |
| Beacon Heights | $300K | $316K | 79% | 1 |
| Montrose | $278K | $285K | 58% | 1.2 |
| Highlands | $480K | $492K | 79% | 1.3 |
| Beverly Heights | $310K | $338K | 67% | 1.4 |
| Homesteader | $302K | $297K | 46% | 1.8 |
| Belvedere | $230K | $258K | 50% | 2.1 |
Census 2021 values; km.
Questions about property prices in Newton
Is Newton expensive for Alberta?
Cheaper than the middle: Alberta’s towns come to $400,000, Newton to less.
How many households in Newton are in core housing need?
In Newton, 10% of households are in core housing need, close to the 8% of Alberta’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
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).