In Ormsby Place, the average home is worth 56% more than the median one
The middle home was worth $220,000 at the 2021 census, the average $342,951. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Ormsby Place. On the 2024 assessment, the middle residential property is valued at $360,000. Ormsby Place doesn’t get its own assessed values, values by property type and building permits figures; the ones here come from the city of Edmonton.
Two ways to price a home in Ormsby Place
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $343K
- Owners
- 1,125
- 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
The 2024 assessment roll counts 347,170 homes in Edmonton: detached houses make 61% of them, 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.
36% of Ormsby Place’s homes are condos, where Alberta’s towns have 15%
Ormsby Place had 1,610 occupied homes at the 2021 census, 49% of them single-detached houses. At least half predate 1981. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Ormsby Place | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 36% | 15% | 8% |
| Needing major repairs | 5% | 5% | 6% |
| Too small for the household | 6% | 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.
Building ahead of Alberta’s towns: 26 new homes a year per 1,000 in Edmonton, against 7.5
Over 2018–2023, 61,232 homes were permitted in Edmonton, close to 10,205 each year. The mix: 32% in single-unit buildings, beside 69% for Alberta’s towns.
The busiest year: 2022, with 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. · Not measured by town: monthly permits (the Edmonton metro area)
Ormsby Place is cheaper than most of Alberta’s towns: 45% under their $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 Ormsby Place: Callingwood South
The places around Ormsby Place at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Ormsby Place | $220K | $343K | 70% | |
| Lymburn | $356K | $348K | 70% | 0.6 |
| Jamieson Place | $400K | $406K | 90% | 1.1 |
| Callingwood South | $200K | $219K | 28% | 1.5 |
| Glastonbury | $400K | $412K | 83% | 2.1 |
| Aldergrove | $400K | $365K | 63% | 2.2 |
| Thorncliff | $348K | $310K | 47% | 2.2 |
Census 2021 values; km.
Questions about property prices in Ormsby Place
Is Ormsby Place expensive for Alberta?
On census values, Ormsby Place sits among the cheaper of Alberta’s towns (median $400,000).
How many households in Ormsby Place are in core housing need?
Above the norm for Alberta’s towns (8%): 12% in Ormsby Place, counting the households whose home falls short on cost, size or repair.
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).