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Pincher Creek Alberta Panorama looking south from AB3Photo: Royalbroil · CC BY-SA 4.0
CCost of living Grade
Property prices in Pincher Creek · Census 2021 and Statistics Canada

Little is being built in Pincher Creek: 2.1 new homes a year per 1,000, against 7.5 for Alberta’s towns

The middle home was worth $276,000 at the 2021 census, the average $270,500. No open sale prices are published in Alberta, so for Pincher Creek the census value is the measure. Assessors valued the median residential property at $274,000 for 2024.

Median home value
$276K
owners’ estimate, census 2021
average $271K
Median assessed value
$274K
all residential, 2024
New homes a year
3
permits, 2018–2023
2.1 per 1,000 homes
Owner households
1,175
census 2021
77% of households
What homes are worth

Pincher Creek’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. These home values were given by owners themselves, in a census taken in May 2021.

Census 2021$276K

median, owners’ estimate

Average
$271K
Owners
1,175
Alberta’s towns
$400K
The typical Canadian town
$406K
Assessed, 2024$274K

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).

By type of home

Houses in Pincher Creek carry assessments 15% under the middle of Alberta’s towns

Detached houses account for 91% of the 1,395 properties on Pincher Creek’s 2024 roll.

Assessed value

Median assessment by type, 2024 the tick is the median of Alberta’s towns

Detached houses$281K
Semi-detached$254K
Row houses$344K
Multi-unit properties$341K
The mix of properties
Detached houses91%
Semi-detached3%
Row houses3%
Multi-unit properties2%
1,820 sq ft
living area of the median detached house (Alberta’s towns: 1,960 sq ft)

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

27% of Pincher Creek’s homes predate 1961, against 5% for Alberta’s towns

Of the 1,525 homes people lived in across Pincher Creek at the 2021 census, 82% were single-detached houses.

When they were built

Homes by period of construction the tick is the median of Alberta’s towns

Before 196127%
1961–198042%
1981–200017%
2001–201512%
2016–20212%
What kind of home

Homes by kind

Single-detached houses82%
Semi-detached houses3%
Row houses5%
Flats in a duplex2%
Apartments, under 5 storeys3%
Other attached1%
Movable dwellings5%
Against the median town of the province and of Canada
Pincher CreekAlbertaCanada
Condominiums3%15%8%
Needing major repairs6%5%6%
Too small for the household3%4%3%
Households in core housing need3%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.

New homes

The peak came in 2021, when Pincher Creek permitted 6 new homes

From 2018 to 2023, permits in Pincher Creek created 18 homes, about 3 a year. Single-unit buildings took 75% of them, where Alberta’s towns built 69%.

Permits by year, 2018–2023
Single-unit buildingsTwo or more units
0246201820192020202120222023
The pace

New homes a year per 1,000 homes

Pincher Creek2.1
Alberta’s towns7.5
The typical Canadian town13.8
$886K
of new residential construction a year, 2019–2023

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.

Across Alberta

Pincher Creek against Alberta’s towns: 31% under the $400,000 median

The census values of Alberta’s towns, 478 of them with 2,500+ people, from dearest to cheapest.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Pincher Creek: Fort Macleod

The places around Pincher Creek at the 2021 census: median and average value, and how many own. Distances here run 13–48 km: that is how far the nearest places with figures are from Pincher Creek.

Pincher Creek No. 9Crowsnest PassFort MacleodPincher Creek No. 9Crowsnest PassFort MacleodPincher Creek
Prices next door
TownMedian home valueAverageOwnerskm
Pincher Creek$276K$271K77%
Pincher Creek No. 9$400K$443K87%13.1
Crowsnest Pass$300K$320K85%39.1
Fort Macleod$240K$262K77%47.7

Census 2021 values; km.

Questions about property prices in Pincher Creek

How many households in Pincher Creek are in core housing need?

Statistics Canada puts 3% of Pincher Creek’s households in core housing need, a smaller share than the 8% of Alberta’s towns.

Is Pincher Creek expensive for Alberta?

Cheaper than the middle: Alberta’s towns come to $400,000, Pincher Creek to less.

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).