Where to Buy Real Estate in Canada 2025: Edmonton
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The market in Edmonton is quickly evolving. While affordability is no longer guaranteed, these neighbourhoods still offer good value.
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Best places to buy
Where to Buy Real Estate in 2025
Best places to buy real estate in Edmonton
Here are the top 50 Edmonton neighbourhoods for real estate purchases in 2025. To view all the results, slide the columns right or left using your fingers or mouse, or download the data to your device in Excel, CSV or PDF format.
Source: Edmonton Association of Realtors
Top three neighbourhoods in Edmonton
Up two spots since the 2024 ranking, Secord is a family-friendly neighbourhood in west-end Edmonton. Secord is conveniently located near Highway 16A, providing access to major roadways. And it’s undergoing many new construction projects, adding to its diverse range of housing options, which include single-family homes, duplexes and townhouses.
In November, the city of Edmonton completed work on a local community park, Secord South Park, featuring a sports field and shared-use paths. For families who prefer to be outdoors, the Winterburn School Park also provides space for sports and leisure activities. What’s more, the neighbourhood is just a 15-minute drive from West Edmonton Mall, Canada’s largest shopping centre.
Fraser is a quiet, family-friendly community in northeast Edmonton. The neighbourhood was named in honour of John Fraser, a prominent Hudson’s Bay Company employee and one of the early pioneers in the region. Fraser sits along the North Saskatchewan River Valley, which flows through Alberta and Saskatchewan to Lake Winnipeg, offering scenic trails and natural beauty for outdoor enthusiasts.
The local Fraser Community League, a recreational organization, offers soccer and ice skating programs. Young families may also appreciate having Fraser elementary school within neighbourhood boundaries. Fraser residents benefit from easy access to Highway 216 / Anthony Henday Drive (which circles the outskirts of Edmonton) and Yellowhead Drive, a major interprovincial highway.
The name of Sakaw, one of the 27 neighbourhoods located in the Mill Woods area of south Edmonton, means “wooden area” in Cree. Today, however, Sakaw is primarily a high-density residential area. Residents have access to the businesses in the Millhurst Shopping Centre and to health services and commercial, recreational and educational facilities in the nearby Mill Woods Town Centre. Most of Sakaw’s single-family detached homes, built in the late 1970s to the 1990s, are well maintained and affordable.
What’s happened in the Edmonton real estate market?
Real estate agent Drew Carlson of eXp Realty has seen a massive influx of people moving to Edmonton in recent years. “Hopeful buyers got priced out in Ontario and B.C., so they’re looking for opportunities in Edmonton,” he says. (Zoocasa, the author of this study, is wholly owned by eXp World Holdings.)
From July 2023 to July 2024, Edmonton experienced its largest population gain in over 20 years, with nearly 14,000 people moving to the city. In fact, with population growth of 4.5% over that period, Edmonton was the fourth-fastest-growing census metropolitan area in 2024, according to Statistics Canada.
Home price growth was not far behind. According to the Realtors Association of Edmonton, the price of a detached home climbed to $540,000 in December 2024—an 11% year-over-year jump. Home values in Alberta’s capital have steadily increased since January 2020, when the average price was $425,000. Limited housing inventory is a factor. This past December, detached homes sold in 44 days, on average—down from 53 days the previous year.
A major shift is also playing out in the condo market, according to Carlson.
“For years, condos in Edmonton were tough to sell—they just didn’t move,” he says. “But last year, I saw a huge increase in demand. Almost every offer I wrote was in a multiple-offer situation. I’ve never seen that before.”
It’s primarily investors and first-time home buyers who are behind the surge in demand. Investors from Ontario have snapped up multiple condos, capitalizing on the strong rental market, says Carlson. He’s seen investors from that province buy three or four condos each, believing the properties “can generate solid cash flow from multiple rental units here for the same price as one in Toronto.”
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What’s next for real estate in Edmonton?
Heading into 2025, low inventory remains an issue in Edmonton.
“You can’t find anything right now,” notes Carlson. The housing shortage and increased demand are driving up prices across all housing types. Last year, home buyers could find a fully renovated bungalow with a detached garage and finished basement for about $450,000, he says. “Now, for $400,000, you’re looking at a bare-bones older home.”
Townhouses and duplexes are also in high demand, as buyers shift to these options as an alternative to the pricier detached homes, according to Carlson. Some buyers are gravitating toward large lots, recognizing the potential to build their ideal home from the ground up.
Compared to Canada’s other major cities, Edmonton remains on the more affordable side. And a strong rental market and steady population growth have ensured it will remain a hotspot for first-time buyers and investors in 2025.
Faced with limited inventory and rising prices, Carlson says serious buyers shouldn’t hesitate. “We are in a crazy market,” he says. “There’s no ‘let’s sleep on it’—you have to be ready to act.”
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Read more about buying a home:
- The true costs of home ownership for young Canadians
- How to use FHSA and RRSP withdrawals for a home down payment in Canada
- The best mortgage rates in Canada
- Land transfer tax calculator
This article was created by Zoocasa.
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