Photo: Wilson Hui from Calgary, Canada · CC BY 2.0Falher sits 55% below Alberta’s towns on home values
Owners put the median home at $180,000 at the 2021 census; for Alberta’s towns the median is $400,000. These home values were given by owners themselves, in a census taken in May 2021. No sales are published for towns in Alberta, Falher included, so owners’ values are the measure.
What Falher’s homes are worth, two ways
Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways.
median, owners’ estimate
- Average
- $180K
- Owners
- 280
- 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).
Falher’s detached houses are assessed 47% below the median of Alberta’s towns
Assessors listed 375 residential properties in Falher for 2024, 73% of them detached houses.
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 Falher’s homes break down, by age and kind
Falher had 410 occupied homes at the 2021 census, 63% of them single-detached houses. The older half dates from before 1981.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Falher | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 6% | 15% | 8% |
| Needing major repairs | 6% | 5% | 6% |
| Too small for the household | under 1% | 4% | 3% |
| Households in core housing need | 10% | 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.
Falher permitted 2.4 new homes a year per 1,000, below the 7.5 of Alberta’s towns
From 2019 to 2023, permits in Falher created 4 homes, about 1 a year. 100% were single-unit buildings, beside 69% for Alberta’s towns.
The busiest year: 2019, with 2 new homes
A year with no report is left out.
New homes a year per 1,000 homes
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.
Falher is cheaper than most of Alberta’s towns: 55% 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.
Falher’s neighbours by home value
Next to Falher: 2021 census values and the share of owners. Distances here run 8–56 km: that is how far the nearest places with figures are from Falher.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Falher | $180K | $180K | 70% | |
| Smoky River No. 130 | $250K | $313K | 87% | 7.6 |
| Northern Sunrise County | $300K | $332K | 83% | 49 |
| Birch Hills County | $200K | $208K | 84% | 51.9 |
| Peace No. 135 | $348K | $380K | 89% | 54.6 |
| High Prairie | $250K | $239K | 60% | 55.7 |
Census 2021 values; km.
Questions about property prices in Falher
Is Falher expensive for Alberta?
Less than most: Alberta’s towns have a median of $400,000, and Falher sits below it.
How many households in Falher are in core housing need?
In Falher, 10% of households are in core housing need, close to the 8% of Alberta’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
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).