Photo: Umbra Lab, Inc. · CC BY 4.0A median $448,000: what owners say homes in Lacombe County are worth
Behind it are the answers of 2,710 owners at the 2021 census. There is no public record of sale prices in Alberta, which leaves the census value as the guide for Lacombe County. The 2024 property assessment puts the median residential property at $387,000.
Two ways to price a home in Lacombe County
Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways. Those values come from owners at the 2021 census and predate the prices of the years since.
median, owners’ estimate
- Average
- $526K
- Owners
- 2,710
- 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 Lacombe County carry assessments 42% over the middle of Alberta’s towns
Detached houses account for 75% of the 4,145 properties on Lacombe County’s 2024 roll.
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.
87% of Lacombe County’s homes are detached houses, where Alberta’s towns have 64%
Lacombe County had 3,970 occupied homes at the 2021 census. The older half dates from before 2001.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Lacombe County | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 1% | 15% | 8% |
| Needing major repairs | 6% | 5% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 6% | 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.
Lacombe County permitted 11.4 new homes a year per 1,000, above the 7.5 of Alberta’s towns
Building permits added 255 homes in Lacombe County between 2018 and 2023: some 43 a year. Single-unit buildings took 90% of them, where Alberta’s towns built 69%.
The busiest year: 2021, with 68 new homes
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.
Lacombe County is 12% above the $400,000 median of Alberta’s towns
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 Lacombe County: Lacombe, Blackfalds and Bentley
The places around Lacombe County at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Lacombe County | $448K | $526K | 86% | |
| Lacombe | $340K | $348K | 72% | 4.2 |
| Blackfalds | $332K | $337K | 78% | 7.3 |
| Bentley | $220K | $218K | 80% | 17.8 |
Census 2021 values; km.
Questions about property prices in Lacombe County
How many households in Lacombe County are in core housing need?
Fewer than most: 6% of households in Lacombe County, where Alberta’s towns sit at 8%.
Is Lacombe County expensive for Alberta?
On census values, Lacombe County ranks among the dearer of Alberta’s towns (median $400,000).
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).