Paisley’s housing is newer than most: 99% has gone up since 2001, against 24% for Alberta’s towns
Going by owners’ own estimates in 2021, the typical home is worth $388,000, the average one $416,000. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Paisley. For 2024, the median assessed value of a residential property is $360,000. Nobody publishes assessed values, values by property type and building permits for Paisley alone, so this card uses the figure for the city of Edmonton.
Paisley’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. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ.
median, owners’ estimate
- Average
- $416K
- Owners
- 920
- 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
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.
More condos than most: 20% of the homes in Paisley (Alberta’s towns: 15%)
Paisley had 1,055 occupied homes at the 2021 census, 48% 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
| Paisley | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 20% | 15% | 8% |
| Needing major repairs | under 1% | 5% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 4% | 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
From 2018 to 2023, permits in Edmonton created 61,232 homes, about 10,205 a year. The mix: 32% in single-unit buildings, beside 69% for Alberta’s towns.
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
Area-wide: monthly permits, counted over the Edmonton metro area
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.
Paisley sits close to the $400,000 median of Alberta’s towns
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 Paisley: Rutherford
The places around Paisley at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Paisley | $388K | $416K | 88% | |
| Rutherford | $352K | $386K | 68% | 1.7 |
| Allard | $484K | $465K | 70% | 2 |
| Chappelle | $412K | $460K | 80% | 2 |
| Callaghan | $448K | $499K | 54% | 2 |
| MacEwan | $400K | $353K | 58% | 2.4 |
| Mactaggart | $700K | $734K | 72% | 2.7 |
Census 2021 values; km.
Questions about property prices in Paisley
How many households in Paisley are in core housing need?
Statistics Canada puts 4% of Paisley’s households in core housing need, a smaller share than the 8% of Alberta’s towns.
Is Paisley expensive for Alberta?
Paisley is close to the norm for Alberta’s towns, whose median home is worth $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).