Photo: Ham1ltoner1n · CC BY-SA 4.032% of Riverdale’s homes were built before 1961, against 5% across Alberta’s towns
Owners valued the median home at $496,000 at the 2021 census, and the average at $560,745. No sales are published for towns in Alberta, Riverdale included, so owners’ values are the measure. The 2024 property assessment puts the median residential property at $360,000. For assessed values, values by property type and building permits, the only official count covers all of the city of Edmonton, Riverdale included.
Two ways to price a home in Riverdale
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms. The values date from May 2021 and are what owners thought their homes were worth, not sale prices.
median, owners’ estimate
- Average
- $561K
- Owners
- 1,410
- 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).
A detached house in Edmonton is assessed 30% higher than across 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.
48% of Riverdale lives in apartments, where Alberta’s towns have 14%
At the 2021 census, Riverdale had 2,885 homes with someone living in them. 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
| Riverdale | 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 | 15% | 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
Edmonton issued permits for 61,232 new homes from 2018 to 2023, or about 10,205 a year. 32% were single-unit buildings and the rest multi-unit ones, against 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
Measured across the Edmonton metro area: monthly permits
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.
Riverdale against Alberta’s towns: 24% over 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 Riverdale: Boyle Street, Bonnie Doon and Holyrood
The places around Riverdale at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Riverdale | $496K | $561K | 49% | |
| Boyle Street | $180K | $271K | 13% | 1.5 |
| Bonnie Doon | $400K | $492K | 53% | 1.6 |
| Holyrood | $428K | $473K | 61% | 1.7 |
| Downtown | $332K | $366K | 28% | 1.8 |
| Forest Heights | $460K | $517K | 61% | 1.8 |
| McCauley | $250K | $287K | 28% | 2.1 |
Census 2021 values; km.
Questions about property prices in Riverdale
How many households in Riverdale are in core housing need?
In Riverdale, 15% of households are in core housing need, against 8% for Alberta’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.
Is Riverdale expensive for Alberta?
Dearer than the middle: Alberta’s towns come to $400,000, Riverdale to more.
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).