Photo: Rural Health Professions Action Plan from Edmonton, Alberta, Canada · CC BY 2.020% of households in Elk Point are in core housing need, against 8% for Alberta’s towns
A median of $250,000 and a mean of $250,000: that is how owners valued their homes in 2021. Sale prices aren’t published in Alberta: what owners told the census is the figure to go on for Elk Point. Assessors valued the median residential property at $109,000 for 2024.
Elk Point’s homes, by two sources
Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways. Self-assessed in May 2021, these values predate the rate rises that followed.
median, owners’ estimate
- Average
- $250K
- Owners
- 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).
On the assessment roll, Elk Point’s houses sit 44% below Alberta’s towns
The 2024 assessment roll counts 640 homes in Elk Point: detached houses make 73% of them, condos 15%.
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.
How Elk Point’s homes break down, by age and kind
Of the 610 homes people lived in across Elk Point at the 2021 census, 81% were single-detached houses. Half or more were standing by 1980.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Elk Point | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 7% | 15% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | 4% | 4% | 3% |
| Households in core housing need | 20% | 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.
Elk Point against Alberta’s towns: 38% under 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.
Home values around Elk Point
Next to Elk Point: 2021 census values and the share of owners. The nearest places to Elk Point with figures are 28–49 km away.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Elk Point | $250K | $250K | 65% | |
| St. Paul | $278K | $295K | 68% | 27.6 |
| St. Paul County No. 19 | $348K | $388K | 92% | 33.3 |
| Bonnyville | $310K | $315K | 60% | 42.5 |
| Bonnyville No. 87 | $400K | $429K | 90% | 49.4 |
Census 2021 values; km.
Questions about property prices in Elk Point
Is Elk Point expensive for Alberta?
Cheaper than the middle: Alberta’s towns come to $400,000, Elk Point to less.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. 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).