Edmonton, the capital of Alberta, sits along the North Saskatchewan River and its expansive river valley, offering residents a balance of natural scenery and modern urban life. In recent years, Edmonton’s comparatively affordable housing has attracted buyers from other provinces, making the city one of Canada’s most sought-after real estate markets.
Best places to buy real estate in Edmonton
The table below lists the top 50 Edmonton neighbourhoods for homebuyers based on benchmark prices, recent price growth and neighbourhood characteristics such as value, local economics and accessibility. Use the table to compare benchmark prices from 2023, short- and longer-term growth, and indicators of family-friendly households. The original full dataset covers 278 neighbourhoods.
| wdt_ID | Rank | Neighbourhood | City | Benchmark price 2023 | 1-year growth | 3-year | 5-year | Value | Economics | Accessibility | Children (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | Terwillegar South | Edmonton | $345,465 | 2% | 2% | -4% | 3.0 | 5.0 | 2.2 | 51% |
| 2 | 2 | Falconer Heights | Edmonton | $495,615 | 16% | 17% | 8% | 2.9 | 5.0 | 2.2 | 51% |
| 3 | 3 | Secord | Edmonton | $107,050 | 12% | 33% | -39% | 3.9 | 3.9 | 0.6 | 37% |
| 4 | 4 | Leger | Edmonton | $501,903 | 5% | 13% | 5% | 2.7 | 5.0 | 2.2 | 51% |
| 5 | 5 | Terwillegar Towne | Edmonton | $496,578 | -3% | 10% | 14% | 2.6 | 5.0 | 2.2 | 51% |
| 6 | 6 | Jamieson Place | Edmonton | $412,321 | 6% | 6% | 6% | 2.9 | 4.7 | 1.8 | 52% |
| 7 | 7 | Broadview Park | Edmonton | $294,453 | 3% | 7% | -1% | 3.2 | 4.4 | 1.3 | 45% |
| 8 | 8 | Haddow | Edmonton | $492,391 | -1% | 4% | 0% | 2.5 | 5.0 | 2.2 | 51% |
| 9 | 9 | Hodgson | Edmonton | $474,996 | -10% | -0% | 0% | 2.4 | 5.0 | 2.2 | 51% |
| 10 | 10 | Carter Crest | Edmonton | $542,694 | 1% | 2% | 4% | 2.4 | 5.0 | 2.2 | 51% |
| 11 | 11 | Brentwood | Edmonton | $382,905 | -2% | 11% | 13% | 3.0 | 4.5 | 0.5 | 47% |
| 12 | 12 | Broadmoor Estates | Edmonton | $453,482 | 5% | 18% | 19% | 2.9 | 4.5 | 0.5 | 47% |
| 13 | 13 | The Hamptons | Edmonton | $444,379 | -10% | 16% | 13% | 2.7 | 4.7 | 1.8 | 52% |
| 14 | 14 | Bulyea Heights | Edmonton | $618,513 | 3% | 17% | 14% | 2.4 | 5.0 | 2.2 | 51% |
| 15 | 15 | Summerwood | Edmonton | $328,011 | -2% | 5% | -4% | 3.0 | 4.4 | 1.3 | 45% |
| 16 | 16 | Mills Haven | Edmonton | $403,858 | -2% | 12% | 10% | 2.9 | 4.5 | 0.5 | 47% |
| 17 | 17 | Gariepy | Edmonton | $432,852 | -9% | 15% | -3% | 2.7 | 4.7 | 1.8 | 52% |
| 18 | 18 | Charleton Heights | Edmonton | $402,554 | 5% | 8% | 5% | 2.9 | 4.4 | 1.3 | 45% |
| 19 | 19 | Anthony Henday South West | Edmonton | $476,979 | -5% | 0% | 20% | 2.6 | 4.7 | 1.8 | 52% |
| 20 | 20 | Dechene | Edmonton | $460,558 | -7% | 6% | 6% | 2.6 | 4.7 | 1.8 | 52% |
| 21 | 21 | Rhatigan Ridge | Edmonton | $657,944 | 8% | 11% | 8% | 2.3 | 5.0 | 2.2 | 51% |
| 22 | 22 | Maplegrove | Edmonton | $373,763 | -9% | 4% | 3% | 2.8 | 4.5 | 0.5 | 47% |
| 23 | 23 | Glen Allan | Edmonton | $453,740 | -1% | 16% | 12% | 2.8 | 4.5 | 0.5 | 47% |
| 24 | 24 | Sherwood Heights | Edmonton | $361,079 | -10% | 3% | -2% | 2.8 | 4.5 | 0.5 | 47% |
| 25 | 25 | Maplewood | Edmonton | $490,340 | 9% | 11% | 10% | 2.8 | 4.5 | 0.5 | 47% |
| 26 | 26 | Lakeland Ridge | Edmonton | $357,332 | -6% | -0% | -1% | 2.8 | 4.4 | 1.3 | 45% |
| 27 | 27 | Macewan | Edmonton | $307,421 | -10% | 9% | -12% | 2.9 | 4.2 | 2.0 | 45% |
| 28 | 28 | Evergreen | Edmonton | $78,928 | 22% | 23% | 9% | 4.3 | 2.9 | 1.0 | 48% |
| 29 | 29 | Davidson Creek | Edmonton | $448,978 | 3% | 8% | 8% | 2.8 | 4.4 | 1.3 | 45% |
| 30 | 30 | Mactaggart Area | Edmonton | $640,312 | -4% | 19% | 2% | 2.2 | 5.0 | 2.2 | 51% |
| 31 | 31 | Lakeland Village | Edmonton | $427,556 | -2% | 18% | -6% | 2.8 | 4.4 | 1.3 | 45% |
| 32 | 32 | Ellerslie | Edmonton | $320,729 | -5% | 8% | 7% | 3.1 | 4.1 | 0.6 | 53% |
| 33 | 33 | Clarkdale Meadows | Edmonton | $493,938 | 5% | 15% | 13% | 2.8 | 4.4 | 1.3 | 45% |
| 34 | 34 | Sherwood Park | Edmonton | $299,830 | -21% | -12% | -11% | 2.7 | 4.5 | 0.5 | 47% |
| 35 | 35 | Callaghan | Edmonton | $349,409 | -3% | -2% | -5% | 2.9 | 4.2 | 2.0 | 45% |
| 36 | 36 | Westboro | Edmonton | $364,705 | -9% | -5% | -22% | 2.6 | 4.5 | 0.5 | 47% |
| 37 | 37 | Rutherford | Edmonton | $462,685 | -2% | 20% | 19% | 2.8 | 4.2 | 2.0 | 45% |
| 38 | 38 | Magrath Heights Area | Edmonton | $669,024 | 3% | 3% | -0% | 2.1 | 5.0 | 2.2 | 51% |
| 39 | 39 | Foxhaven | Edmonton | $513,467 | 0% | 11% | 7% | 2.6 | 4.5 | 0.5 | 47% |
| 40 | 40 | Gainer Industrial | Edmonton | $228,023 | 15% | 6% | -1% | 3.6 | 3.4 | 2.3 | 33% |
| 41 | 41 | Blackburne | Edmonton | $470,388 | 4% | 11% | -2% | 2.7 | 4.2 | 2.0 | 45% |
| 42 | 42 | Wye Road Gardens | Edmonton | $430,682 | 10% | -39% | -20% | 2.5 | 4.5 | 0.5 | 47% |
| 43 | 43 | Wyecliff | Edmonton | $587,352 | 4% | 19% | 11% | 2.5 | 4.5 | 0.5 | 47% |
| 44 | 44 | The Orchards at Ellerslie | Edmonton | $416,053 | -4% | 13% | 12% | 2.9 | 4.1 | 0.6 | 53% |
| 45 | 45 | Blackmud Creek | Edmonton | $477,212 | -5% | 15% | 14% | 2.7 | 4.2 | 2.0 | 45% |
| 46 | 46 | Heritage Hills | Edmonton | $519,676 | -4% | 4% | 4% | 2.4 | 4.5 | 0.5 | 47% |
| 47 | 47 | Heritage Valley Area | Edmonton | $464,814 | -1% | 8% | -2% | 2.6 | 4.2 | 2.0 | 45% |
| 48 | 48 | Rural South East | Edmonton | $490,315 | -2% | 22% | 28% | 2.8 | 4.1 | 0.6 | 53% |
| 49 | 49 | Clover Bar Ranch | Edmonton | $503,922 | -4% | 7% | 4% | 2.5 | 4.4 | 1.3 | 45% |
| 50 | 50 | Ambleside | Edmonton | $404,624 | -11% | -2% | -3% | 2.6 | 4.2 | 2.0 | 45% |
Source: Edmonton Association of Realtors
Top three neighbourhoods in Edmonton
1. Terwillegar South
Terwillegar South sits in southwest Edmonton between Terwillegar Drive and Rabbit Hill Road and is part of the Terwillegar Heights area. Development mainly took place between 2003 and 2009, so housing tends to be modern with many single-family detached homes alongside some multi-family units and condominiums. The 2023 benchmark price was $345,465. That represents a modest 2% increase since 2020, while it remains about 4% below 2018 levels. Terwillegar South scores well for neighbourhood economics due to strong household incomes and high educational attainment, and it has a solid mid-range value score. Buyers often choose this area for newer, low-maintenance homes in a family-oriented setting.
2. Falconer Heights
Falconer Heights, also in southwest Edmonton, is bounded by Riverbend Road, Rabbit Hill Road and Terwillegar Drive. Its 2023 benchmark price was $495,615 — a notable annual increase of 16% from 2022 and 8% higher than 2018. The neighbourhood is dominated by single-family homes and larger townhouses, most with three or more bedrooms, and has very high owner-occupancy rates. Falconer Heights scores strongly for local economics thanks to high incomes and education levels. The area offers schools, parks and trails that appeal to families seeking a quiet residential neighbourhood with convenient amenities nearby.
3. Secord
Secord, in West Edmonton, is a rapidly growing neighbourhood with a diverse mix of housing including detached homes, duplexes, townhomes and apartments. Its 2023 benchmark price of $107,050 reflects volatility: prices were 33% higher than in 2020 but 39% lower than in 2018. Secord scores well for value, reflecting affordability and new construction activity, and it attracts many younger working adults. About 37% of households include children. Because Secord is built with suburban subdivisions and cul-de-sacs, walkability and public-transit accessibility are limited compared with more central neighbourhoods.
What’s happened in the Edmonton real estate market?
Edmonton’s housing market in 2023 showed steady gains driven in part by migration from other provinces and international buyers. The composite benchmark price rose from $359,500 in January 2023 to a mid-year peak of $376,800 in June, then eased slightly to finish the year at $370,500 — roughly a 3% increase over January. Throughout the year, rising interest rates tempered demand, bringing the market toward a more balanced state compared with the frenetic activity of prior years.
Buyers tended to focus on affordable single-family homes in the $300,000–$500,000 range; properties in that bracket moved quickly. Condominiums were especially active toward the end of 2023, with Edmonton among the more affordable condo markets nationally, which kept demand high for lower-priced units.
Local agents noted that while activity slowed relative to the hottest years, out-of-province interest remained an important source of demand, supporting prices and activity across a range of neighbourhoods.
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What’s next for real estate in Edmonton?
Even as prices climb, Edmonton remains far more affordable than many major Canadian markets, continuing to attract buyers from cities such as Toronto and Vancouver. In January 2024 the composite benchmark price was roughly $370,100, with condo apartments trading at about half that level — a price gap that draws attention from investors and homebuyers seeking entry-level options.
Inventory has been tight: listings arrive but are often purchased quickly, preventing a meaningful buildup of supply. If demand continues to rise while listings stay limited, the market could shift toward sellers, further tightening conditions for buyers.
For sellers, current demand and increased buyer interest are positive signs. Activity in the spring market began early, and many agents expect a strong sales year if interest rates stabilize or begin to fall.
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