Photo: Johntwrl · CC BY-SA 3.0Queen Mary Park lives in apartments: 90% of its homes, beside 14% for Alberta’s towns
Asked in 2021, owners gave a median value of $250,000; averaged, their homes came to $283,953. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since. What homes sold for in Queen Mary Park isn’t public: no sale figures are released in Alberta.
Two ways to price a home in Queen Mary Park
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
- $284K
- Owners
- 950
- 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). · Not measured by town: assessed values, values by property type and building permits (the city of Edmonton)
Edmonton’s detached houses are assessed 30% above the median 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.
More need than most: 23% of households in Queen Mary Park (Alberta’s towns: 8%)
People lived in 4,600 homes in Queen Mary Park at the 2021 census. The older half dates from before 2001. 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
| Queen Mary Park | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 33% | 15% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | 12% | 4% | 3% |
| Households in core housing need | 23% | 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.
Permits in Edmonton ran at 26 homes a year per 1,000, where Alberta’s towns ran at 7.5
Building permits added 61,232 homes in Edmonton between 2018 and 2023: some 10,205 a year. The mix: 32% in single-unit buildings, beside 69% for Alberta’s towns. Figures for monthly permits are published for the Edmonton metro area as a whole, not for Queen Mary Park alone.
Most 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.
Queen Mary Park is cheaper than most of Alberta’s towns: 38% 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 Queen Mary Park: Central McDougall
The places around Queen Mary Park at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Queen Mary Park | $250K | $284K | 21% | |
| Wîhkwêntôwin | $246K | $329K | 30% | 1 |
| Central McDougall | $194K | $261K | 12% | 1.1 |
| Westmount | $516K | $560K | 56% | 1.6 |
| Downtown | $332K | $366K | 28% | 1.9 |
| Inglewood | $380K | $380K | 27% | 2.3 |
| McCauley | $250K | $287K | 28% | 2.3 |
Census 2021 values; km.
Questions about property prices in Queen Mary Park
Is Queen Mary Park expensive for Alberta?
No: Queen Mary Park’s census median is below the $400,000 of Alberta’s towns.
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).