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Property prices in Ponoka County · Census 2021 and Statistics Canada

Ponoka County has more households in core housing need than most: 17%, beside 8% for Alberta’s towns

A median of $440,000 and a mean of $473,200: that is how owners valued their homes in 2021. No sale stands behind these values: owners named them at the census of May 2021. Statistics Canada doesn’t publish sales in Alberta, so nothing here says what Ponoka County’s homes actually sold for.

Median home value
$440K
owners’ estimate, census 2021
average $473K
Median assessed value
$339K
all residential, 2024
New homes a year
65
permits, 2018–2023
17.2 per 1,000 homes
Owner households
2,570
census 2021
89% of households
What homes are worth

Ponoka County’s homes, by two sources

Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders.

Census 2021$440K

median, owners’ estimate

Average
$473K
Owners
2,570
Alberta’s towns
$400K
The typical Canadian town
$406K
Assessed, 2024$339K

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

A detached house in Ponoka County is assessed 24% higher than across Alberta’s towns

The 2024 assessment roll counts 4,710 homes in Ponoka County, detached houses 70% of them.

Assessed value

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

Detached houses$410K
Mobile homes$225K
Multi-unit properties$412K
The mix of properties
Detached houses70%
Mobile homes19%
Multi-unit properties12%
1,980 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

Single-detached houses are 94% of Ponoka County’s homes, against 64% for Alberta’s towns

At the 2021 census, Ponoka County had 3,690 homes with someone living in them. At least half predate 2001.

When they were built

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

Before 196116%
1961–198022%
1981–200027%
2001–201528%
2016–20218%
What kind of home

Homes by kind

Single-detached houses94%
Semi-detached housesunder 1%
Row housesunder 1%
Apartments, under 5 storeysunder 1%
Other attached1%
Movable dwellings5%
Against the median town of the province and of Canada
Ponoka CountyAlbertaCanada
Condominiumsunder 1%15%8%
Needing major repairs6%5%6%
Too small for the household2%4%3%
Households in core housing need17%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

Building ahead of Alberta’s towns: 17.2 new homes a year per 1,000 in Ponoka County, against 7.5

Building permits added 392 homes in Ponoka County between 2018 and 2023: some 65 a year. Most were houses: 91% went into single-unit buildings, against 69% for Alberta’s towns.

Permits by year, 2018–2023

Most in 2021: 82 new homes

Single-unit buildingsTwo or more units
020406080100201820192020202120222023
The pace

New homes a year per 1,000 homes

Ponoka County17.2
Alberta’s towns7.5
The typical Canadian town13.8
$23M
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

Ponoka County against Alberta’s towns: 10% over 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 Ponoka County: Bentley, Rimbey and Lacombe

The places around Ponoka County at the 2021 census: median and average value, and how many own. No closer places have figures: these lie 22–23 km from Ponoka County.

BentleyRimbeyLacombePonokaLacombe CountyBentleyRimbeyLacombePonokaLacombe CountyPonoka County
Prices next door
TownMedian home valueAverageOwnerskm
Ponoka County$440K$473K89%
Bentley$220K$218K80%21.6
Rimbey$250K$277K73%22.2
Lacombe$340K$348K72%22.2
Ponoka$258K$270K73%22.5
Lacombe County$448K$526K86%23

Census 2021 values; km.

Questions about property prices in Ponoka County

Is Ponoka County expensive for Alberta?

Yes: Ponoka County’s census median is above the $400,000 of Alberta’s towns.

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).