Photo: Louis White · CC BY-SA 2.0Saskatoon is adding housing quickly, at 19.5 new homes a year per 1,000 (Saskatchewan’s towns: 3.8)
The middle home was worth $376,000 at the 2021 census, the average $393,600. 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 Saskatchewan, Saskatoon included, so owners’ values are the measure.
Two ways to price a home in Saskatoon
Each source sits beside its own median for Saskatchewan’s towns; none compares across provinces, which value homes in their own ways.
median, owners’ estimate
- Average
- $394K
- Owners
- 69,500
- Saskatchewan’s towns
- $324K
- The typical Canadian town
- $406K
all residential
- Saskatchewan’s towns
- $219K
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 Saskatoon is assessed 48% higher than across Saskatchewan’s towns
Of Saskatoon’s 89,530 residential properties on the 2024 roll, 71% are detached houses and 15% are condos.
Median assessment by type, 2024 the tick is the median of Saskatchewan’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 Saskatchewan’s towns with their own figure; assessments compare within a province only.
22% of Saskatoon’s homes are condos, where Saskatchewan’s towns have 10%
At the 2021 census, 55% of Saskatoon’s 107,055 occupied homes were single-detached houses. Half or more were standing by 2000.
Homes by period of construction the tick is the median of Saskatchewan’s towns
Homes by kind
| Saskatoon | Saskatchewan | Canada | |
|---|---|---|---|
| Condominiums | 22% | 10% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 5% | 4% | 3% |
| Households in core housing need | 11% | 7% | 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 Saskatoon peaked in 2023: 2,650 new homes
Saskatoon issued permits for 11,814 new homes from 2018 to 2023, or about 1,969 a year. About 31% went into single-unit buildings, where Saskatchewan’s towns built 81%.
New homes a year per 1,000 homes
Up 37%: 5,104 new homes in the year to August 2026
Area-wide: monthly permits, counted over the Saskatoon metro area
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.
Saskatoon against Saskatchewan’s towns: 16% over the $324,000 median
104 of Saskatchewan’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.
Saskatoon’s neighbours by home value
Next to Saskatoon: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Saskatoon | $376K | $394K | 65% | |
| Grosvenor Park | $548K | $578K | 37% | 0.4 |
| Central Business District | $500K | $544K | 28% | 1.1 |
| City Park | $376K | $422K | 32% | 1.4 |
| Haultain | $360K | $421K | 55% | 1.5 |
| Buena Vista | $380K | $440K | 61% | 2.2 |
| Holliston | $384K | $389K | 74% | 2.6 |
Census 2021 values; km.
Questions about property prices in Saskatoon
How many households in Saskatoon are in core housing need?
In Saskatoon, 11% of households are in core housing need, against 7% for Saskatchewan’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.
Is Saskatoon expensive for Saskatchewan?
Dearer than the middle: Saskatchewan’s towns come to $324,000, Saskatoon to more.
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).