Photo: Odysseus1479 · CC BY-SA 3.0Virginia Park’s housing is older than most: 37% dates from before 1961 (Alberta’s towns: 5%)
By the 2021 census, half of owned homes were worth more than $348,000; the average was $355,143. No open sale prices are published in Alberta, so for Virginia Park the census value is the measure. For 2024, the median assessed value of a residential property is $360,000. For assessed values, values by property type and building permits, the only official count covers all of the city of Edmonton, Virginia Park included.
Virginia Park’s homes, by two sources
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since.
median, owners’ estimate
- Average
- $355K
- Owners
- 840
- 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.
Apartments are 58% of Virginia Park’s homes, against 14% for Alberta’s towns
Virginia Park had 1,785 occupied homes at the 2021 census. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Virginia Park | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 23% | 15% | 8% |
| Needing major repairs | 10% | 5% | 6% |
| Too small for the household | 7% | 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.
Edmonton permitted 26 new homes a year per 1,000, above the 7.5 of Alberta’s towns
Some 10,205 homes a year: 61,232 in all were permitted in Edmonton from 2018 to 2023. The mix: 32% in single-unit buildings, beside 69% for Alberta’s towns.
The busiest year: 2022, with 12,256 new homes
New homes a year per 1,000 homes
Slowing: 21,179 new homes in the 12 months to August 2026, 15% fewer
Source area for monthly permits: the Edmonton metro area
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.
Virginia Park is cheaper than most of Alberta’s towns: 13% under their $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 Virginia Park: Parkdale, Boyle Street and McCauley
The places around Virginia Park at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Virginia Park | $348K | $355K | 48% | |
| Parkdale | $250K | $277K | 55% | 1 |
| Boyle Street | $180K | $271K | 13% | 1.5 |
| Forest Heights | $460K | $517K | 61% | 1.6 |
| McCauley | $250K | $287K | 28% | 1.8 |
| Highlands | $480K | $492K | 79% | 1.8 |
| Eastwood | $270K | $281K | 38% | 1.8 |
Census 2021 values; km.
Questions about property prices in Virginia Park
How many households in Virginia Park are in core housing need?
Statistics Canada puts 23% of Virginia Park’s households in core housing need, a higher share than the 8% of Alberta’s towns.
Is Virginia Park expensive for Alberta?
Cheaper than the middle: Alberta’s towns come to $400,000, Virginia Park to less.
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).