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Highest Home Value in Alberta

Top 100 cities ranked by highest home value

Highest Home Value — Alberta

1 Rocky View County $900,000
2 Foothills County $900,000
3 Canmore $850,000
4 Banff $725,000
5 Sturgeon County $552,000
6 Chestermere $532,000
7 Cypress County $500,000
8 Parkland $500,000
11 Wood Buffalo $472,000
12 Calgary $456,000
13 Strathcona $452,000
14 Okotoks $452,000
15 Wheatland County $448,000
16 Cochrane $448,000
17 Beaumont $448,000
18 St. Albert $424,000
20 Lac La Biche $400,000
21 Clearwater County $400,000
22 Bonnyville No. 87 $400,000
23 Airdrie $400,000
24 Yellowhead County $388,000
25 Edmonton $384,000
27 Fort Saskatchewan $380,000
28 Spruce Grove $364,000
29 Willow Creek No. 26 $360,000
30 Stony Plain $352,000
31 Sylvan Lake $352,000
32 Newell County $348,000
33 Leduc $348,000
34 High River $348,000
35 Brazeau County $348,000
36 Beaver County $348,000
38 Lac Ste. Anne County $348,000
39 Morinville $348,000
41 Red Deer $340,000
42 Lloydminster $340,000
43 Strathmore $340,000
44 Lacombe $340,000
45 Olds $340,000
46 Hinton $336,000
47 Mackenzie County $332,000
48 Edson $332,000
49 Blackfalds $332,000
50 Devon $332,000
51 Grande Prairie $328,000
52 Whitecourt $324,000
53 Slave Lake $320,000
54 Stettler County No. 6 $318,000
55 Lethbridge $314,000
56 Bonnyville $310,000
57 Innisfail $300,000
58 Crowsnest Pass $300,000
59 Camrose $300,000
60 Medicine Hat $300,000
61 Greenview No. 16 $300,000
62 Coaldale $300,000
63 Peace River $300,000
64 Ambleside $290,615
65 Ranchlands $290,615
66 Canyon Meadows $290,615
67 Brentwood $290,615
68 Queen Mary Park $290,615
69 Hamptons $290,615
70 Altadore $290,615
71 Grand Centre $290,615
72 Glenbrook $290,615
73 Forest Lawn $290,615
74 Cougar Ridge $290,615
75 Kincora $290,615
76 Willow Park $290,615
77 Haysboro $290,615
78 Boyle Street $290,615
79 Allard $290,615
80 Applewood Park $290,615
81 Erin Woods $290,615
83 Millrise $290,615
84 Kiniski Gardens $290,615
85 West Hillhurst $290,615
86 Terwillegar Towne $290,615
87 Alberta Avenue $290,615
88 Renfrew $290,615
89 Glamorgan $290,615
90 Sherwood $290,615
91 Coral Springs $290,615
92 La Perle $290,615
93 Hillhurst $290,615
94 Ellerslie $290,615
95 Bearspaw $290,615
96 Callingwood South $290,615
97 Oakridge $290,615
98 Kilkenny $290,615
99 Evansdale $290,615
100 Valley Ridge $290,615

The most expensive housing markets in Alberta reflect areas of high demand, limited supply, and strong local economies. Rocky View County leads with a median home value of $900,000. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in Rocky View County costs $900,000 — 2.6x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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