Average House Price in Edmonton

May 14, 2026 The Canadian Magazine of Immigration

The average house price in Edmonton is $424,700 (April 2026)

Housing Market in Edmonton – April 2026

The housing market in Edmonton showed signs of rebalancing in April 2026 as inventory continued to rise and sales activity softened compared with the previous year. Detached homes remained relatively resilient, supported by affordability advantages compared with larger Canadian cities, while condo and apartment segments experienced weaker price growth and more negotiating power for buyers. New listings increased during the spring market, giving buyers more selection and easing the intense competition seen in recent years. Benchmark prices stayed relatively stable overall, although homes generally took longer to sell as buyers became more cautious due to borrowing costs and economic uncertainty. Edmonton continued to attract attention from investors and interprovincial migrants because of its comparatively affordable housing market and steady economic fundamentals, but the market overall shifted toward more balanced conditions rather than the strong seller driven environment of previous years.

Average House Price in Edmonton
	2026	2027	2028
January	$409,000
February	$412,300
March	$418,500
April	$424,700
May
June
July
August
September
October
November
December
Source: CREA
*Updated

EDMONTON HOUSING MARKET TRENDS

Housing Market in Edmonton – March 2026

In March 2026 the Greater Edmonton Area housing market showed signs of seasonal strengthening alongside rising inventory that pointed to more balanced conditions. The region recorded 2133 residential sales, up 33.1 percent from February but down 14 percent compared to March 2025. New listings reached 3809, increasing both month over month and year over year, while inventory levels rose 31.6 percent from the previous year. The average selling price across all property types stood at 470819 dollars, up 3.4 percent from February and 2.2 percent year over year, with the MLS Home Price Index composite benchmark at 426000 dollars, reflecting a 1.5 percent monthly gain but a 2.9 percent annual decline. Detached homes continued to demonstrate resilience with average prices at 590162 dollars, while apartments faced softer demand amid higher supply.

Housing Market in Edmonton – December 2025

In December 2025, Edmonton’s housing market experienced a typical year-end slowdown, with residential sales totaling 1,315 units—a 20.4% drop from November and 7.5% below December 2024 levels—amid reduced activity during the holiday season. Despite fewer transactions, overall prices showed resilience: the average selling price across all residential property types rose 1.8% month-over-month to $454,981, marking a solid 4.7% increase compared to the previous year. The MLS® Home Price Index (HPI) composite benchmark price remained essentially stable at $415,300 (down less than 0.1% from November but up 2.8% year-over-year), reflecting continued modest annual growth. Detached homes led the way with strong performance, averaging $566,552 (up 2.3% from November and 5.2% from December 2024), while row/townhouses also gained ground; in contrast, condominium prices softened notably. The market entered 2026 with higher inventory than the prior year but stable pricing overall, pointing to a balanced environment for buyers and sellers.

Housing Market in Edmonton – November 2025

In November 2025, Edmonton’s housing market showed signs of seasonal cooling amid a broader national slowdown in population growth. The average sold price for residential properties dipped to $447,005, down 1.7% from October but up a modest 2.4% year-over-year. The MLS Home Price Index benchmark—a more stable measure of a “typical” home—stood at $415,500, reflecting a 1.3% monthly decline yet a 3.3% annual gain. Single-family detached homes led the market with a benchmark of $508,000 (up 7.5% YoY but down 1.5% MoM), while condos remained affordable at around $205,000 average sold. With 1,654 sales and inventory at 3.6 months of supply, the market stayed balanced, offering buyers more breathing room than in peak years, though Edmonton’s relative affordability continued to draw interprovincial migrants despite the recent temporary resident exodus easing demand pressures.

Housing Market in Edmonton – October 2025

In October 2025, Edmonton’s housing market continued its seasonal slowdown while maintaining a balanced yet buyer-friendly tone, with the MLS® Home Price Index composite benchmark price dipping 1.2% month-over-month to $418,500 but rising 3.7% year-over-year amid steady demand driven by affordability and population growth. Detached home average prices edged up 0.9% from September to $559,585, a 1.2% increase from October 2024, reflecting resilient seller interest despite new listings climbing 19.5% month-over-month and inventory expanding to create more options for buyers. Sales activity moderated, with semi-detached units seeing an 8.8% drop from September and 20.1% from the prior year, while overall residential listings averaged 37 days on market—unchanged month-over-month but nine days quicker than October 2024—highlighting persistent demand in this affordable major Canadian market. Housing starts in the region remained elevated, contributing to national trends and positioning Edmonton for modest price gains of around 2.4% in 2025, supported by declining mortgage rates and interprovincial migration, though tighter affordability constraints continue to shape buyer behavior across property types.

Housing Market in Edmonton – September 2025

In September 2025, Edmonton’s housing market exhibited a cooling yet resilient seller’s tilt, with 2,191 residential units sold—a modest 3% decline from September 2024 but well above seasonal averages—amid a 13% month-over-month surge in new listings that pushed inventory to 3.23 months of supply and active listings toward 7,000. The benchmark home price held steady at $423,500, dipping 1.0% from August but rising 4.2% year-over-year, while the average sold price of $452,849 fell 1.8% monthly yet climbed 2.8% annually, reflecting softening in detached homes (benchmark $513,900, down 1.0% MoM but up 7.8% YoY) contrasted by steadier demand for affordable townhomes and semi-detached units. Homes lingered slightly longer on the market at around 37 days on average, signaling a shift toward balance driven by elevated supply and Bank of Canada rate cuts, though affordability remains a draw for migrants, positioning the market for modest price gains into fall amid ongoing economic momentum.

Housing Market in Edmonton – July 2025

In July 2025, the Greater Edmonton Area housing market showed signs of cooling but remained robust, with 2,860 homes sold, a slight 0.5% decrease from June and a 2.6% drop year-over-year, while new listings surged by 7.8% to 4,387, boosting inventory by 21.8% compared to July 2024. The average home price dipped 0.4% month-over-month to $463,078 but rose 5.2% year-over-year, with the MLS® HPI benchmark price at $427,800, down 2.7% from June yet up 5.2% annually. Detached homes saw a 0.7% monthly price increase to $578,442, while semi-detached homes, townhouses, and condos experienced monthly declines but yearly gains. Despite a seller’s market with a 65% sales-to-new-listings ratio, increased inventory suggests a shift toward balance, offering more opportunities for buyers while maintaining strong fundamentals.

Housing Market in Edmonton – June 2025

In June 2025, Edmonton’s housing market displayed a mix of resilience and moderation, characterized by a slight shift toward balanced conditions despite remaining a seller’s market. The average residential sale price reached $443,000, up 4.39% year-over-year, with single-family detached homes averaging $565,014, reflecting a 6.5% annual increase. New listings rose to 3,790, a 10.21% increase from June 2024, while sales volume dipped to 2,046 properties, down 5.7% from the previous year, with a sales-to-new-listings ratio of 79.5% indicating strong seller conditions. Despite economic uncertainties, including potential U.S. trade tariffs, Edmonton’s affordability, steady population growth, and declining mortgage rates continued to drive demand, especially for first-time buyers and investors, with townhomes and duplexes seeing strong appreciation due to their affordability.

Housing Market in Edmonton – May 2025

In May 2025, Edmonton’s housing market remained a seller’s market, with 2,967 residential units sold, including 1,730 detached homes, 289 semi-detached, 466 apartments, and 482 townhouses, though sales dropped 7.9% year-over-year. The average home price reached $464,277, up 5.2% annually but down 1.3% from April, while benchmark prices hit a record $439,100, up 9.8% yearly. The sales-to-new-listings ratio was 60%, and inventory levels indicated a tight market, with a sales-to-inventory ratio of 46%, signaling a shift toward a balanced market. Despite economic uncertainties from U.S. trade tensions, Edmonton’s affordability compared to other major Canadian cities, coupled with steady population growth, continued to drive demand, particularly for single-family homes in the $350,000–$450,000 range.

House prices in Edmonton 2023-2025

Average House Price in Edmonton
	2023	2024	2025
January	$359,500*	$367,600*	$412,200
February	$361,700*	$375,100*	$421,800
March	$369,400*	$383,600*	$431,300
April	$370,000*	$388,500*	$430,700*
May	$370,100*	$392,700	$432,400
June	$374,600*	$401,100	$433,100
July	$372,900*	$399,700	$420,900
August	$371,900*	$400,200	$420,800
September	$371,100*	$399,400	$417,000
October	$368,200*	$396,800	$412,100
November	$365,900*	$393,600*	$408,600
December	$368,000*	$395,800*	$408,300
Source: CREA 2023
*Updated

House prices in Edmonton 2020-2022

Average House Price in Edmonton
	2020	2021	2022
January	$313,800*	$322,900*	$375,900*
February	$313,100*	$326,400*	$388,000*
March	$316,400*	$333,300*	$402,300*
April	$314,700*	$339,600*	$409,700*
May	$316,400*	$375,400*	$406,100*
June	$320,100*	$377,900*	$405,900*
July	$322,000*	$378,000*	$399,900*
August	$324,200*	$376,300*	$388,900*
September	$324,500*	$373,700*	$378,300*
October	$323,800*	$374,700*	$368,500*
November	$324,000*	$370,000*	$363,300*
December	$323,400*	$369,500*	$362,200*
Source: CREA
*Updated

Average house prices in Edmonton 2017-2019

Average House Price in Edmonton
	2017	2018	2019
January	$356,850*	$326,700*	$317,300*
February	$360,251*	$330,500*	$316,200*
March	$335,200*	$333,600*	$319,200*
April	$337,500*	$334,300*	$321,100*
May	$338,600*	$335,100*	$323,800*
June	$340,100*	$334,700*	$324,800*
July	$338,700*	$333,700*	$323,800*
August	$337,000*	$330,000	$322,200*
September	$335,400*	$326,700	$320,300*
October	$332,100*	$324,100*	$317,300*
November	$327,900*	$321,800	$316,600*
December	$325,800*	$319,200	$312,900*
Source: CREA
*Updated