Photo: CnekYT · CC BY-SA 4.033% of Ritchie’s homes were built before 1961, against 5% across Alberta’s towns
A median of $380,000 and a mean of $445,842: that is how owners valued their homes in 2021. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Ritchie. Assessors valued the median residential property at $360,000 for 2024. Nobody publishes assessed values, values by property type and building permits for Ritchie alone, so this card uses the figure for the city of Edmonton.
Two ways to price a home in Ritchie
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates.
median, owners’ estimate
- Average
- $446K
- Owners
- 1,395
- 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
In 2024, Edmonton had 347,170 residential properties on the roll, detached houses 61% of them and 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 apartments than most: 43% of the homes in Ritchie (Alberta’s towns: 14%)
Ritchie had 2,625 occupied homes at the 2021 census. 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
| Ritchie | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 23% | 15% | 8% |
| Needing major repairs | 7% | 5% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 11% | 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.
26 new homes a year per 1,000 in Edmonton: more than Alberta’s towns (7.5)
Building permits added 61,232 homes in Edmonton between 2018 and 2023: some 10,205 a year. About 32% went into single-unit buildings, where Alberta’s towns built 69%.
Most in 2022: 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. · Monthly permits: one figure for all of the Edmonton metro area
Ritchie sits near the middle of Alberta’s towns ($400,000)
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.
Home values around Ritchie
The places around Ritchie at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Ritchie | $380K | $446K | 53% | |
| Bonnie Doon | $400K | $492K | 53% | 1.1 |
| Hazeldean | $400K | $442K | 59% | 1.3 |
| Strathcona | $456K | $501K | 31% | 1.4 |
| Avonmore | $400K | $412K | 76% | 1.9 |
| Queen Alexandra | $380K | $423K | 26% | 2.2 |
| Riverdale | $496K | $561K | 49% | 2.5 |
Census 2021 values; km.
Questions about property prices in Ritchie
How many households in Ritchie are in core housing need?
In Ritchie, 11% 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.
Is Ritchie expensive for Alberta?
In the middle: Alberta’s towns come to $400,000, and so, near enough, does Ritchie.
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).