Photo: Festbock · CC BY-SA 3.0Home values in Medicine Hat run 25% lower than the median of Alberta’s towns
At the 2021 census the median home was worth $300,000, where Alberta’s towns sit at $400,000. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. Sale prices aren’t published in Alberta: what owners told the census is the figure to go on for Medicine Hat.
Medicine Hat’s homes, by two sources
Every figure here is compared within the province, against Alberta’s towns, since each province assesses on its own terms.
median, owners’ estimate
- Average
- $320K
- Owners
- 19,270
- 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).
A detached house in Medicine Hat is assessed at 2 times a condo
Of Medicine Hat’s 24,410 residential properties on the 2024 roll, 74% are detached houses and 11% are condos.
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.
The homes of Medicine Hat, by period and type
The 2021 census counted 27,215 occupied homes in Medicine Hat; 63% of them are single-detached houses. Half went up before 2001.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Medicine Hat | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 14% | 15% | 8% |
| Needing major repairs | 5% | 5% | 6% |
| Too small for the household | 2% | 4% | 3% |
| Households in core housing need | 9% | 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 Medicine Hat ran at 3.6 homes a year per 1,000, where Alberta’s towns ran at 7.5
From 2018 to 2023, permits in Medicine Hat created 796 homes, about 133 a year. The mix: 36% in single-unit buildings, beside 69% for Alberta’s towns.
The busiest year: 2018, with 306 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.
Medicine Hat against Alberta’s towns: 25% 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.
Lower values near Medicine Hat: Redcliff
Next to Medicine Hat: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Medicine Hat | $300K | $320K | 71% | |
| Cypress County | $500K | $525K | 88% | 4.8 |
| Redcliff | $270K | $288K | 77% | 10 |
Census 2021 values; km.
Questions about property prices in Medicine Hat
Is Medicine Hat expensive for Alberta?
Cheaper than the middle: Alberta’s towns come to $400,000, Medicine Hat to less.
How many households in Medicine Hat are in core housing need?
Statistics Canada puts 9% of Medicine Hat’s households in core housing need, much as for Alberta’s towns (8%).
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).