Edmonton Home Team

Market report · October 2025

Edmonton housing market: October 2025

The median home price in Greater Edmonton in October 2025 was $430,000, rose 2.1% year over year. 2,053 homes sold with 3.2 months of supply — a balanced market.

Josh & Jay’s video breakdown for October 2025.

Median price
$430,000
▲ +2.1% YoY
Homes sold
2,053
▼ -17.3% YoY
New listings
3,171
▲ +10.1% YoY
Inventory
6,535
▲ +28.2% YoY
Days on market
40
+3 vs last yr
Months of supply
3.2
balanced market

Here’s the Greater Edmonton housing market for October 2025, in plain language. The median home sold for $430,000 — sits 2.1% above where it was a year ago, and down 1.1% from the month before. 2,053 homes changed hands, and with 3.2 months of supply on the shelf it was a balanced market.

Where prices landed

The typical Edmonton home came in at $430,000 in October 2025 (the average was $455,232). Over the last six months the median is down 0.5% in a choppy back-and-forth.

The gap between home types is the part worth watching: a detached home ran about $512,000, while an apartment was closer to $183,000. If a detached home feels out of reach this month, a townhouse or apartment is often where the math still works.

Median price · last 24 months

2024-082026-07

Supply and demand

On the demand side, 2,053 sales were 17.3% behind last year, against 3,171 new listings. Inventory is up 28.2% year over year, so buyers had more homes to choose from than a year ago.

Homes took about 40 days to sell. At 3.2 months of supply this is a balanced market — neither side has the whip hand, which usually means room to negotiate on the right home.

Homes sold · last 12 months

The rate backdrop

Prime rate over the two years to October 2025 — what variable mortgages track, and a big driver of what buyers can afford. It was 4.45% here (Bank of Canada policy rate 2.25%). See every rate decision →

4.8%5.5%6.2%6.8%Nov ’23Oct ’25

By property type

TypeMedianMoMYoYSalesSupply
Detached$512,000+0.4%+1.4%1,2443
Semi-detached$423,000-0.2%+3.9%2183.1
Row / townhouse$307,250+1.0%-1.2%2783.1
Apartment$183,000-5.1%+0.5%3214.3

Source: the REALTORS® Association of Edmonton. Greater Edmonton prices use the median.

Josh Tagg

Josh’s mortgage take

Josh Tagg · Indi Mortgage

From the mortgage side: a balanced market is a gift of time. Get pre-approved so you know exactly what you can carry, lock a rate hold while you look, and use the breathing room to choose well rather than chase. Either way, know your number before you shop — it changes every other decision.

Jay Lewis

Jay’s real-estate take

Jay Lewis · RE/MAX Excellence

From the real-estate side: numbers like these are a starting point, not the whole story — the right neighbourhood and the condition of the actual house matter more than the citywide median. With a builder’s eye I’m looking past the finishes at how a home is actually built, and at value pockets like Spruce Grove, Fort Saskatchewan and St. Albert where your budget can stretch further.

Why the median? We report the median — the middle sale price, where half of homes sold for more and half for less. It reflects a typical Edmonton home better than the average, which a handful of high-end sales can pull upward.

Edmonton market FAQ

What is the average home price in Edmonton right now?

In October 2025, the median price across Greater Edmonton was $430,000 (the average was $455,232). We use the median because it better reflects a typical home than the average, which a few high sales can skew.

Is it a buyer’s or seller’s market in Edmonton?

With 3.2 months of supply in October 2025, Greater Edmonton was a balanced market. Under ~2 months favours sellers; 2–4 is balanced; above that favours buyers.

Mortgage context by Josh Tagg (Indi Mortgage); real-estate read by Jay Lewis (RE/MAX Excellence). Canonical on edmontonhome.team; also published on mortgagesforless.ca.

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