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A street in Old Strathcona in winter, Edmonton, AlbertaPhoto: Joli Rumi · CC BY-SA 4.0
D−Cost of living Grade
Property prices in Strathcona · Census 2021 and Statistics Canada

An apartment town: 73% of Strathcona’s homes, against 14% across Alberta’s towns

Asked in 2021, owners gave a median value of $456,000; averaged, their homes came to $501,254. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since. What homes sold for in Strathcona isn’t public: no sale figures are released in Alberta.

Median home value
$456K
owners’ estimate, census 2021
average $501K
Median assessed value
$360K
all residential, 2024
New homes a year
10,205
permits, 2018–2023
26 per 1,000 homes
Owner households
1,515
census 2021
31% of households
What homes are worth

What Strathcona’s homes are worth, two ways

Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms.

Census 2021$456K

median, owners’ estimate

Average
$501K
Owners
1,515
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). · Measured across the city of Edmonton: assessed values, values by property type and building permits

By type of home

On the assessment roll, Edmonton’s houses sit 30% above 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

18% of Strathcona’s households are in core housing need, against 8% for Alberta’s towns

The 2021 census counted 4,920 occupied homes in Strathcona. At least half predate 1981. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.

When they were built

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

Before 196124%
1961–198039%
1981–200023%
2001–20158%
2016–20214%
What kind of home

Homes by kind

Single-detached houses19%
Semi-detached houses1%
Row houses1%
Flats in a duplex7%
Apartments, under 5 storeys46%
Apartments, 5+ storeys27%
Against the median town of the province and of Canada
StrathconaAlbertaCanada
Condominiums32%15%8%
Needing major repairs6%5%6%
Too small for the household5%4%3%
Households in core housing need18%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

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%. Figures for monthly permits are published for the Edmonton metro area as a whole, not for Strathcona alone.

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

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

Strathcona is 14% above the $400,000 median of Alberta’s towns

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 Strathcona: Ritchie, Queen Alexandra and Downtown

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

RitchieQueen AlexandraGarneauDowntownBonnie DoonRiverdaleRitchieQueen AlexandraGarneauDowntownBonnie DoonRiverdaleStrathcona
Prices next door
TownMedian home valueAverageOwnerskm
Strathcona$456K$501K31%
Ritchie$380K$446K53%1.4
Queen Alexandra$380K$423K26%1.5
Garneau$480K$750K26%1.7
Downtown$332K$366K28%1.8
Bonnie Doon$400K$492K53%1.8
Riverdale$496K$561K49%2.1

Census 2021 values; km.

Questions about property prices in Strathcona

Is Strathcona expensive for Alberta?

Dearer than the middle: Alberta’s towns come to $400,000, Strathcona 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).