Edmonton Housing Market Outlook 2026
Edmonton Sales Cool While New Listings Keep Climbing
According to the Realtors Association of Edmonton (RAE), the Greater Edmonton Area recorded 1,959 sales in September 2026, down 8.8% from August and 10.3% from September 2025. New listings rose 7.2% from August to 3,864, and inventory reached 8,062 units, up 16.7% from the same period last year.
- The MLS HPI composite benchmark price in the Greater Edmonton Area was $423,100, down 0.9% from August and 0.3% YoY, and the average selling price was $466,080, down 0.8% MoM and up 2.9% YoY.
- Detached homes led sales with 1,221, followed by 280 apartment condos, 246 row homes and 212 semi-detached homes.
- New listings rose 11.3% YoY, inventory edged up 0.1% MoM and the average time to sell reached 44 days, five days longer than a year ago.
Prices varied by property type. The detached average rose 2.9% YoY to $569,820, and the apartment condo average rose 0.6% to $208,672, while semi-detached homes ($412,974) and row homes ($289,640) fell 4.8% and 4.5%, respectively.
Reach out to our nesto mortgage experts to compare mortgage rates in Edmonton, while a larger pool of homes for sale offers buyers more choice.
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Edmonton Housing Market Highlights
- The average selling price of a home in Edmonton decreased by 0.10% year-over-year to $416,700 in September 2026.
- The average selling price of a single-family home in Edmonton increased by 0.28% year-over-year to $501,900 in September 2026.
- The average selling price of a townhouse/multiplex in Edmonton decreased by 3.37% year-over-year to $269,500 in September 2026.
- The average selling price of a condo in Edmonton decreased by 0.90% year-over-year to $197,800 in September 2026.
- October 30, 2026: Today’s lowest mortgage rate in Edmonton is 4.59% for a 5-year fixed.
Data from the Realtors Association of Edmonton (RAE) indicates that the average price of resale residential homes sold across Edmonton in September 2026 was $416,700, and it decreased by 0.10% compared to a year ago.
RAE also reported a sales-to-new-listings ratio (SNLR) of 50.7%, indicating balanced market conditions in Edmonton for September 2026.
| Edmonton | Composite Price September 2026 | Composite Price August 2026 | YoY Change (%) | MoM Change (%) |
|---|---|---|---|---|
| Single Family Home | $501,900 | $506,700 | increased by 0.28% | decreased by 0.95% |
| Townhouse/Multiplex | $269,500 | $270,600 | decreased by 3.37% | decreased by 0.41% |
| Condo / Apartments | $197,800 | $199,100 | decreased by 0.90% | decreased by 0.65% |
| Composite | $416,700 | $420,100 | decreased by 0.10% | decreased by 0.81% |
Edmonton Home Price Changes Over The Last Decade
Composite Home Prices
The average selling price of a home in Edmonton was $416,700 for the month of September 2026, that’s decreased by 0.81% month-over-month. On a year-over-year basis, Edmonton home prices have decreased by 0.10%.
Composite Home Prices in Edmonton
Monthly changes to Edmonton’s composite home prices over the last 10 years.
Single-Family Home Prices
The average selling price of a single-family home in Edmonton was $501,900 for the month of September 2026; that’s decreased by 0.95% month-over-month. On a year-over-year basis, single-family home prices in Edmonton have increased by 0.28%.
Single-Family Home Prices in Edmonton
Monthly changes to Edmonton’s single-family home prices over the last 10 years.
Townhouse and Multiplex Prices
The average selling price of a townhouse in Edmonton was $269,500 for the month of September 2026; that’s decreased by 0.41% month-over-month. On a year-over-year basis, the price of a townhouse in Edmonton has decreased by 3.37%.
Townhouse and Multiplex Prices in Edmonton
Monthly changes to Edmonton’s townhouse and multiplex home prices over the last 10 years.
Condo Prices
The average selling price of a condo in Edmonton was $197,800 for the month of September 2026; that’s decreased by 0.65% month-over-month. On a year-over-year basis, the price of a condo in Edmonton has decreased by 0.90%.
Condo Prices in Edmonton
Monthly changes to Edmonton’s condominium apartment home prices over the last 10 years.
Edmonton Housing Market Conditions
Number of Home Sales
Edmonton home sales were 1,959 during September 2026, that’s decreased by 8.59% month-over-month. On a year-over-year basis, home sale transactions in Edmonton have decreased by 10.63%.
Home Sales Volume in Edmonton
Edmonton’s MLS home sale volume over the past 12 months.
New Listings
The number of new listings in Edmonton was 3,864 during September 2026, that’s increased by 2.52% month-over-month. On a year-over-year basis, new listings in Edmonton have increased by 6.01%.
New Listings in Edmonton
Edmonton’s MLS new listings over the past 12 months.
Sales-to-New-Listings Ratio (SNLR)
The sales-to-new-listings ratio (SNLR) in Edmonton was 50.7% during September 2026, indicating a balanced market. On a monthly basis, that’s decreased by 10.90% month-over-month. Edmonton’s yearly sales-to-new-listings ratio has decreased by 15.64%.
SNLR in Edmonton
Monthly change in Edmonton’s sales-to-new-listings ratio (SNLR) over the past 12 months.
The sales-to-new-listings ratio (SNLR) measures home sales relative to new listings. An SNLR below 40% indicates a buyer’s market, where buyers hold the upper hand and have greater negotiating power. An SNLR between 40% and 60% indicates a balanced market, while an SNLR over 60% indicates a seller’s market.
Market Conditions in Edmonton
| Oct 2025 | sellers market |
| Nov 2025 | sellers market |
| Dec 2025 | sellers market |
| Jan 2026 | balanced market |
| Feb 2026 | balanced market |
| Mar 2026 | balanced market |
| Apr 2026 | balanced market |
| May 2026 | balanced market |
| Jun 2026 | sellers market |
| Jul 2026 | balanced market |
| Aug 2026 | balanced market |
| Sep 2026 | balanced market |
SNLR — last 12 months
Monthly change in Edmonton’s market conditions over the past 12 months.
Short-Term Composite Home Price Trends in Edmonton
Monthly changes to Edmonton’s composite home price over the last 12 months.
Edmonton Market Rents Snapshot
The average rent in Edmonton was $1,633 in September 2026 and has decreased by 2.27% year over year.
The average rent for a 1-bedroom apartment in Edmonton was $1,281 for September 2026 and has decreased by 4.83% year over year.
The average rent for a 2-bedroom apartment in Edmonton was $1,643 for September 2026 and has decreased by 2.78% year over year.
Average Rents for Cities Across Canada
| Rank | City | Total Avg | 1 Bed | 2 Bed |
|---|---|---|---|---|
| 1 | North Vancouver | $3,028 | $2,466 | $3,477 |
| 2 | Vancouver | $2,754 | $2,373 | $3,271 |
| 3 | Burnaby | $2,564 | $2,111 | $2,785 |
| 4 | Toronto | $2,556 | $2,220 | $2,937 |
| 5 | North York | $2,528 | $2,093 | $2,692 |
| 6 | Kanata | $2,501 | $2,265 | $2,691 |
| 7 | Coquitlam | $2,482 | $2,053 | $2,608 |
| 8 | Oakville | $2,460 | $2,165 | $2,703 |
| 9 | Etobicoke | $2,431 | $2,099 | $2,644 |
| 10 | Barrie | $2,397 | $2,148 | $2,552 |
| 11 | Burlington | $2,379 | $2,074 | $2,389 |
| 12 | Vaughan | $2,363 | $2,114 | $2,569 |
| 13 | Mississauga | $2,337 | $2,036 | $2,423 |
| 14 | Halifax | $2,324 | $2,002 | $2,508 |
| 15 | Brampton | $2,261 | $1,990 | $2,334 |
| 16 | Victoria | $2,253 | $1,987 | $2,632 |
| 17 | New Westminster | $2,241 | $1,881 | $2,734 |
| 18 | Langley | $2,239 | $1,868 | $2,426 |
| 19 | Surrey | $2,227 | $1,807 | $2,251 |
| 20 | Guelph | $2,225 | $1,961 | $2,292 |
| 21 | Ajax | $2,214 | $1,927 | $2,294 |
| 22 | Ottawa | $2,200 | $1,969 | $2,445 |
| 23 | Scarborough | $2,178 | $1,855 | $2,315 |
| 24 | Waterloo | $2,158 | $1,884 | $2,302 |
| 25 | Nanaimo | $2,157 | $1,897 | $2,261 |
| 26 | Kingston | $2,150 | $1,930 | $2,308 |
| 27 | Laval | $2,131 | $1,712 | $2,364 |
| 28 | Kelowna | $2,111 | $1,834 | $2,270 |
| 29 | Brossard | $2,083 | $1,790 | $2,190 |
| 30 | Cambridge | $2,055 | $1,863 | $2,143 |
| 31 | East York | $2,044 | $1,800 | $2,355 |
| 32 | Airdrie | $2,013 | $1,466 | $1,750 |
| 33 | Oshawa | $1,993 | $1,724 | $2,006 |
| 34 | Niagara Falls | $1,988 | $1,714 | $1,960 |
| 35 | Greater Sudbury | $1,982 | $1,745 | $2,076 |
| 36 | Montreal | $1,961 | $1,746 | $2,261 |
| 37 | Kamloops | $1,957 | $1,701 | $2,023 |
| 38 | Kitchener | $1,935 | $1,709 | $2,063 |
| 39 | Peterborough | $1,926 | $1,692 | $1,964 |
| 40 | Brantford | $1,923 | $1,780 | $2,033 |
| 41 | Hamilton | $1,910 | $1,657 | $2,130 |
| 42 | London | $1,897 | $1,628 | $1,998 |
| 43 | Calgary | $1,883 | $1,508 | $1,834 |
| 44 | St. Catharines | $1,830 | $1,518 | $1,959 |
| 45 | Welland | $1,792 | $1,540 | $1,920 |
| 46 | Gatineau | $1,769 | $1,625 | $1,810 |
| 47 | Côte Saint-Luc | $1,655 | $1,410 | $1,875 |
| 48 | Winnipeg | $1,653 | $1,435 | $1,764 |
| 49 | Windsor | $1,638 | $1,467 | $1,843 |
| 50 | Edmonton | $1,633 | $1,281 | $1,643 |
| 51 | Quebec City | $1,620 | $1,308 | $1,642 |
| 52 | Red Deer | $1,614 | $1,338 | $1,503 |
| 53 | Sarnia | $1,583 | $1,408 | $1,642 |
| 54 | Lethbridge | $1,573 | $1,355 | $1,558 |
| 55 | Saskatoon | $1,559 | $1,305 | $1,536 |
| 56 | Regina | $1,468 | $1,305 | $1,521 |
| 57 | Lloydminster | $1,392 | $1,108 | $1,422 |
| 58 | Fort McMurray | $1,386 | $1,147 | $1,372 |
| 59 | St. John's | $1,362 | $1,167 | $1,328 |
| 60 | Medicine Hat | $1,360 | $1,232 | $1,391 |
Source: Rentals.ca Network Data & Urbanation Inc.
Average Rent by Province
| LOCATION | Total | 1B | 2B | 3B |
|---|---|---|---|---|
| AB | $1,780 | $1,409 | $1,745 | $2,177 |
| BC | $2,231 | $1,904 | $2,355 | $2,850 |
| MB | $2,403 | $2,045 | $2,649 | $3,313 |
| ON | $1,649 | $1,428 | $1,751 | $2,008 |
| QC | $2,240 | $1,963 | $2,410 | $2,902 |
| SK | $1,933 | $1,694 | $2,144 | $2,558 |
| Atlantic Canada | $1,490 | $1,284 | $1,504 | $1,993 |
| Canada | $2,034 | $1,756 | $2,138 | $2,489 |
Average Rent by Property Type Across Canada
| TYPE | Total | 1B | 2B | 3B |
|---|---|---|---|---|
| Apartment | $2,036 | $1,799 | $2,221 | $2,715 |
| Condominium | $2,052 | $1,844 | $2,161 | $2,769 |
| House/Townhouse | $2,016 | $1,311 | $1,732 | $2,299 |
| All | $2,034 | $1,756 | $2,138 | $2,489 |
How Does Renting Compare With Homeownership in Edmonton?
Each $100,000 in mortgage balance costs an average of $564 per month on nesto’s lowest fixed 5-year rate at 4.59%, and $517 per month on nesto’s lowest adjustable 5-year rate at 3.66%.
On the variable side, a 0.25% change in the Bank of Canada’s policy rate moves that payment by roughly $13.47 per $100,000 if rates rise, or $13.27 if they fall. Fixed payments aren’t affected the same way mid-term—a fixed rate is locked for the term and tracks bond yields, not the policy rate directly, so this sensitivity applies only to the variable side.
The interest rates used for the calculation are those offered on insured purchases with less than a 20% down payment, on a 25-year amortization, as of October 30, 2026 and are subject to change. Canada’s policy rate is 2.50%, and nesto’s prime rate is 4.70%.
We're curious…
Frequently Asked Questions (FAQ) About the Edmonton Housing Market in 2026
Are Edmonton Housing Market Conditions Favouring Buyers or Sellers in 2026?
Edmonton housing market conditions are balanced in 2026, with the sales-to-new-listings ratio at 50.7% in September, down from 56.9% in August and 60.1% in September 2025. That marks a real shift from the sellers’ market conditions that defined Edmonton for a long stretch. In September, the Greater Edmonton Area recorded 1,959 sales, down 10.3% year over year, while new listings rose 11.3% to 3,864 and inventory reached 8,062 units, up 16.7%. Supply has grown while sales have eased, and prices have not collapsed.
Are Home Prices in Edmonton Going Up or Down in 2026?
Home prices in Edmonton are essentially flat in 2026. The MLS HPI composite benchmark for the Greater Edmonton Area was $423,100 in September, down 0.3% year over year and 0.9% from August. The average selling price tells a slightly different story, up 2.9% year over year to $466,080 but down 0.8% from August, reflecting the mix of homes that sold that month rather than a broad price shift.
What Does Edmonton’s Rising Inventory Signal for Prices?
Edmonton’s rising inventory gives buyers more choice and is the main thing to watch for prices. Inventory reached 8,062 units in September, up 16.7% from a year earlier, while sales fell 10.3% and new listings rose 11.3% over the same period. Prices have held so far, with the composite benchmark down only 0.3% year over year. Homes also took longer to sell, averaging 44 days, five more than a year ago.
What Is Edmonton’s Weakest Property Type?
Semi-detached and row homes are Edmonton’s weakest segments by price in September. Semi-detached homes averaged $412,974, down 4.8% year over year, and row homes averaged $289,640, down 4.5%. Detached homes averaged $569,820, up 2.9%, and apartment condominiums averaged $208,672, up 0.6%. Detached homes also led sales with 1,221, followed by 280 apartment condos, 246 row homes and 212 semi-detached homes.
Is It Cheaper to Rent or Buy in Edmonton in 2026?
Whether renting or buying is cheaper in Edmonton in 2026 depends on your time horizon, but rents have eased while home prices have stayed essentially flat. The average rent was $1,633 in September, down 2.3% year over year, with 1-bedroom rents at $1,281, down 4.8%, and 2-bedroom rents at $1,643, down 2.8%. Over the same period, the composite benchmark price slipped just 0.3%. How much cheaper either option is over time depends on how long it takes to save the down payment, how long you plan to stay and the mortgage rate you qualify for.
Why Choose nesto
At nesto, our commission-free mortgage experts are salaried and regulated, with most licensed in multiple provinces. They are evaluated on client satisfaction and the quality of their advice, and they help you compare mortgage options and understand rates and qualification requirements. Once you’re ready to move forward, they work with you on a mortgage strategy that fits your situation.
nesto pairs expert advice with a 100% digital, transparent and seamless process, and a dedicated mortgage professional supports you throughout your purchase, renewal or refinance.
nesto is on a mission to offer a positive, empowering and transparent property financing experience – simplified from start to finish.
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