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Property prices in Satoo · Census 2021 and Statistics Canada

Half the owned homes in Satoo are valued above $348,000

It is the middle of what 740 owner households told the 2021 census. No sales are published for towns in Alberta, Satoo included, so owners’ values are the measure. Assessors valued the median residential property at $360,000 for 2024. Behind assessed values, values by property type and building permits sits data gathered across the city of Edmonton, with Satoo one part of it.

Median home value
$348K
owners’ estimate, census 2021
average $328K
Median assessed value
$360K
all residential, 2024
New homes a year
10,205
permits, 2018–2023
26 per 1,000 homes
Owner households
740
census 2021
75% of households
What homes are worth

Two ways to price a home in Satoo

Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. No sale stands behind these values: owners named them at the census of May 2021.

Census 2021$348K

median, owners’ estimate

Average
$328K
Owners
740
Alberta’s towns
$400K
The typical Canadian town
$406K
Assessed, 2024$360K

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).

By type of home

Edmonton’s detached houses are assessed 30% above the median of Alberta’s towns

Assessors listed 347,170 residential properties in Edmonton for 2024, 61% of them detached houses and 18% condos.

Assessed value

Median assessment by type, 2024 the tick is the median of Alberta’s towns

Detached houses$429K
Semi-detached$358K
Row houses$218K
Condos$151K
The mix of properties
Detached houses61%
Condos18%
Row houses11%
Semi-detached9%
1,970 sq ft
living area of the median detached house (Alberta’s towns: 1,960 sq ft)
854 sq ft
living area of the median condo

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.

The homes

10% of Satoo’s homes need major repairs, against 5% for Alberta’s towns

Of the 975 homes people lived in across Satoo at the 2021 census, 64% were single-detached houses. The older half dates from before 1981. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.

When they were built

Homes by period of construction the tick is the median of Alberta’s towns

Before 1961under 1%
1961–198067%
1981–200031%
2001–20151%
2016–2021under 1%
What kind of home

Homes by kind

Single-detached houses64%
Semi-detached housesunder 1%
Row houses31%
Flats in a duplex2%
Apartments, under 5 storeys1%
Against the median town of the province and of Canada
SatooAlbertaCanada
Condominiums24%15%8%
Needing major repairs10%5%6%
Too small for the household8%4%3%
Households in core housing need12%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.

New homes

Edmonton permitted 26 new homes a year per 1,000, above the 7.5 of Alberta’s towns

Over 2018–2023, 61,232 homes were permitted in Edmonton, close to 10,205 each year. 32% were single-unit buildings and the rest multi-unit ones, against 69% for Alberta’s towns.

Permits by year, 2018–2023

The busiest year: 2022, with 12,256 new homes

Single-unit buildingsTwo or more units
05,00010,00015,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Edmonton26
Alberta’s towns7.5
The typical Canadian town13.8
$1,907M
of new residential construction a year, 2019–2023
The metro area

Slowing: 21,179 new homes in the 12 months to August 2026, 15% fewer

010,00020,00030,00020212022202320242025

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.

Across Alberta

Satoo against Alberta’s towns: 13% under the $400,000 median

The census values of Alberta’s towns, 478 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Satoo: Meyonohk

The places around Satoo at the 2021 census: median and average value, and how many own.

EkotaAnthony Henday South EastMeyonohkTipaskanKameyosekSakawEkotaAnthony Henday South EastMeyonohkTipaskanKameyosekSakawSatoo
Prices next door
TownMedian home valueAverageOwnerskm
Satoo$348K$328K75%
Ekota$348K$324K68%1
Anthony Henday South East$340K$350K83%1
Meyonohk$320K$290K69%1.1
Tipaskan$348K$299K54%1.7
Kameyosek$348K$297K51%1.8
Sakaw$344K$328K63%1.8

Census 2021 values; km.

Questions about property prices in Satoo

How many households in Satoo are in core housing need?

More than most: 12% of households in Satoo, where Alberta’s towns sit at 8%.

Is Satoo expensive for Alberta?

No: Satoo’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).