House prices in Edmonton have surged by over $80,000 in just two years

If you managed to buy a house in Edmonton earlier this decade, you made the right decision, with prices in our city shooting up by over $80,000 over the past couple of years.

Canadian real estate company Zoocasa looked at the lowest spring home prices in major markets from March and April over the past three years and compared them to April 2025 values to see where early buyers gained equity.

The largest winners in Canada who bought earlier this decade were in Quebec. Edmonton came in sixth place, with the average home price in YEG in March 2023 coming in at $377,742. Spring forward to April 2025, and the average home price in the city sat at $461,393, a whopping $83,651 price difference. That’s a change of 22.15 per cent in just two years.

Zoocasa

When it came to cities where potential buyers saw success staying on the sidelines during buying frenzies earlier this decade, it sure paid off for some.

In Hamilton–Burlington, buyers who waited until 2025 paid an average of $218,164 less than those who purchased during the 2022 spring peak. In the Fraser Valley, the average price declined by a whopping $196,623 over the same period, and by $192,505 in Greater Toronto.

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While we are on the topic of property and buildings, check out this $1.1-million Edmonton home for sale that is nestled in Connor McDavid’s neighbourhood, or a $3.4-million home near St. Albert that has a hidden wine cellar and New York Yankees carpet.

You can check out the full Zoocasa report online.