Highest Home Value in Alberta

Top 78 cities ranked by highest home value

Best Alberta Cities

Composite rankings combining multiple weighted metrics, 4 topics from climate and air quality data.

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All Countries  ·  Canada  ·  Alberta

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 Mountain View County $500,000
8 Cypress County $500,000
9 Parkland $500,000
10 Grande Prairie County No. 1 $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 Beaumont $448,000
17 Cochrane $448,000
18 St. Albert $424,000
19 Wetaskiwin County No. 10 $400,000
20 Clearwater County $400,000
21 Airdrie $400,000
22 Bonnyville No. 87 $400,000
23 Lac La Biche $400,000
24 Yellowhead County $388,000
25 Edmonton $384,000
26 Vermilion River County $384,000
27 Fort Saskatchewan $380,000
28 Spruce Grove $364,000
29 Willow Creek No. 26 $360,000
30 Sylvan Lake $352,000
31 Stony Plain $352,000
32 High River $348,000
33 Newell County $348,000
34 Brazeau County $348,000
35 St. Paul County No. 19 $348,000
36 Morinville $348,000
37 Lac Ste. Anne County $348,000
38 Barrhead County No. 11 $348,000
39 Leduc $348,000
40 Beaver County $348,000
41 Lloydminster $340,000
42 Lacombe $340,000
43 Red Deer $340,000
44 Strathmore $340,000
45 Olds $340,000
46 Hinton $336,000
47 Blackfalds $332,000
48 Edson $332,000
49 Mackenzie County $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 Medicine Hat $300,000
59 Crowsnest Pass $300,000
60 Coaldale $300,000
61 Peace River $300,000
62 Greenview No. 16 $300,000
63 Camrose $300,000
64 Didsbury $286,000
65 Rocky Mountain House $280,000
66 Athabasca $280,000
67 St. Paul $278,000
68 Drayton Valley $278,000
69 Wainwright $276,000
70 Redcliff $270,000
71 Brooks $266,000
72 Taber $260,000
73 Ponoka $258,000
74 Westlock $250,000
75 Wetaskiwin $250,000
76 Stettler $250,000
77 Vegreville $250,000
78 Drumheller $250,000

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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