These five major Alberta cities are the most in-demand to buy a house in
Some cities in Alberta have hotter housing markets than others, and a few spots are experiencing a significant increase in the price of detached houses.
According to market statistics for September 2025 from the Alberta Real Estate Association (AREA), some spots in the province are seeing a big jump in yearly average prices.
Five major cities in the province saw the average price of a detached home rise by more than five per cent year-over-year, and where they are may surprise you.
City of Grande Prairie/Facebook
Grande Prairie led the province with a 13 per cent year-over-year increase to rise to an average price of $423,386, Red Deer came in second place with a nine per cent increase to hit $487,390, Lethbridge came in third with am eight per cent increase to land at $469,203, Edmonton and Medicine Hat came next with a six percent rise to settle at $556,320 and $410,309, respectively.
Fort McMurray saw a two per cent year-over-year increase, landing at $468,435, while Calgary saw the lowest increase out of all the major Alberta cities, with no increase, and the median price for a detached home came in at $715,000.
Looking at the province, September saw a 5.5 per cent year-over-year drop in sales, with the biggest drops seen in row housing and apartments for the sixth straight month. New listings increased by 7.4 per cent year-over-year. Inventory increased 17 per cent year over year and is up 11 per cent year to date. The sales-to-new listings fell to 57 per cent.
There were 3.44 months of supply in September, up 23.8 percent year-over-year. Calgary, Red Deer, and Edmonton are continuing to see a loosening of supplies, while Grande Prairie and Medicine Hat continue to have the tightest conditions in the province, both having less than two months of supply.
You can check out the full AREA report online.
If you are on the hunt for more real estate content, check out this $5 million Edmonton home (the first of its kind in Alberta) or this mega home with a huge indoor waterfall that just saw an $800,000 price drop.
If you’re a fan of history, a home that is up for grabs once housed Queen Elizabeth II.