Homes in Gibbons are worth 25% less than the median of Alberta’s towns
Owners put the median home at $300,000 at the 2021 census; for Alberta’s towns the median is $400,000. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since. No sales are published for towns in Alberta, Gibbons included, so owners’ values are the measure.
Two ways to price a home in Gibbons
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
- $316K
- Owners
- 1,085
- 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, Gibbons’s houses sit 16% below Alberta’s towns
The 2024 assessment roll counts 1,195 homes in Gibbons: detached houses make 93% of them, condos 3%.
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.
86% of Gibbons’s homes are detached houses, where Alberta’s towns have 64%
Gibbons had 1,240 occupied homes at the 2021 census. Half or more were standing by 2000.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Gibbons | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 3% | 15% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | 1% | 4% | 3% |
| Households in core housing need | 7% | 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.
Permits in Gibbons ran at 5.5 homes a year per 1,000, where Alberta’s towns ran at 7.5
From 2018 to 2023, permits in Gibbons created 35 homes, about 6 a year. 68% were single-unit buildings, beside 69% for Alberta’s towns.
A peak in 2022: 8 new homes
New homes a year per 1,000 homes
Slowing: 21,179 new homes in the 12 months to August 2026, 15% fewer
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.
Gibbons is 25% below 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.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Gibbons’s neighbours by home value
Next to Gibbons: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Gibbons | $300K | $316K | 88% | |
| Bon Accord | $286K | $300K | 85% | 5.4 |
| Sturgeon County | $552K | $652K | 87% | 16 |
| Fort Saskatchewan | $380K | $400K | 76% | 16.1 |
Census 2021 values; km.
Questions about property prices in Gibbons
Is Gibbons expensive for Alberta?
No: Gibbons’s census median is below the $400,000 of Alberta’s towns.
How many households in Gibbons are in core housing need?
In Gibbons, 7% 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).