In 2025, the average home price in Edmonton reached approximately $466,800, representing a 1.2% increase year-over-year, highlighting the city’s steady and affordable housing market.

The condominium segment also experienced modest growth as affordability attracted first-time buyers and investors.

2025 Residential Property Performance

Detached Homes

• Annual Average: Median detached home prices averaged roughly $515,900–$527,100, increasing between 2% and 5.6% year-over-year depending on the period measured.

• Market Trend: Detached homes remained highly active due to Edmonton’s relative affordability compared to other major Canadian cities.

• Market Leader: Southwest Edmonton and newer suburban developments continued attracting strong buyer demand.

Condominiums

• Annual Average: Approximately $203,500–$206,400.

• Year-Over-Year Change: Condo prices posted modest gains of roughly 0–3% annually.

• Market Trend: Condos remained one of Canada’s most affordable ownership options among major metropolitan areas.

Attached Homes (Townhomes/Duplexes)

• Average Price: Typically ranged between $300,000–$420,000, depending on property style and neighbourhood.

• Demand Trend: Increased migration to Alberta supported consistent demand across mid-priced housing categories.

Market Dynamics & Forecasts

• Overall Market: Edmonton’s market normalized in 2025 after two exceptionally strong years, with sales easing slightly but prices remaining stable.

• Inventory: Listing levels increased modestly, giving buyers more options while maintaining overall market stability.

• Neighborhood Hotspots: Strong demand persisted in Southwest Edmonton, Windermere area, and family-oriented suburban communities. More affordable housing remained widely available compared to other major Canadian cities.

• 2026 Outlook: Forecasts by the Realtors Associatoin of Edmonton suggest continued gradual price growth, supported by population gains, employment stability, and strong interprovincial migration.