Photo: Joli Rumi · CC BY-SA 4.0The middle home in University is valued at $320,000
The census of 2021 asked 1,215 owner households what their home was worth. Statistics Canada doesn’t publish sales in Saskatchewan, so nothing here says what University’s homes actually sold for. For 2024, the median assessed value of a residential property is $322,000. Behind assessed values, values by property type and building permits sits data gathered across the city of Saskatoon, with University one part of it.
Two ways to price a home in University
Every figure here is compared within the province, against Saskatchewan’s towns, since each province assesses on its own terms. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ.
median, owners’ estimate
- Average
- $306K
- Owners
- 1,215
- 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).
On the assessment roll, Saskatoon’s houses sit 48% above Saskatchewan’s towns
Detached houses account for 71% of the 89,530 properties on Saskatoon’s 2024 roll; condos for 15%.
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.
32% of University lives in apartments, where Saskatchewan’s towns have 17%
The 2021 census counted 2,540 occupied homes in University. Half went up before 2001. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Saskatchewan’s towns
Homes by kind
| University | Saskatchewan | Canada | |
|---|---|---|---|
| Condominiums | 19% | 10% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 6% | 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 ran at 19.5 homes a year per 1,000, where Saskatchewan’s towns ran at 3.8
Building permits added 11,814 homes in Saskatoon between 2018 and 2023: some 1,969 a year. The mix: 31% in single-unit buildings, beside 81% for Saskatchewan’s towns.
The busiest year: 2023, with 2,650 new homes
New homes a year per 1,000 homes
Up 37%: 5,104 new homes in the year to August 2026
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. · Monthly permits published for the Saskatoon metro area, not by town
University sits close to the $324,000 median of Saskatchewan’s towns
The census values of Saskatchewan’s towns, 104 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Home values around University
The places around University at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| University | $320K | $306K | 47% | |
| University Heights Urban Centre | $348K | $349K | 66% | 1.6 |
| Greystone Heights | $376K | $396K | 60% | 2.4 |
| Brighton | $452K | $475K | 90% | 3 |
| North Park | $348K | $362K | 61% | 3 |
| Grosvenor Park | $548K | $578K | 37% | 3.1 |
| Lawson Heights | $400K | $400K | 80% | 3.3 |
Census 2021 values; km.
Questions about property prices in University
How many households in University are in core housing need?
In University, 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 University expensive for Saskatchewan?
About average: University’s census median is close to the $324,000 of Saskatchewan’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).