Market report · January 2026
Edmonton housing market: January 2026
The median home price in Greater Edmonton in January 2026 was $430,000, rose 3.0% year over year. 1,148 homes sold with 4.2 months of supply — a buyer’s market.
Josh & Jay’s video breakdown for January 2026.
Here’s the Greater Edmonton housing market for January 2026, in plain language. The median home sold for $430,000 — sits 3.0% above where it was a year ago, and down 0.6% from the month before. 1,148 homes changed hands, and with 4.2 months of supply on the shelf it was a buyer’s market.
Where prices landed
The typical Edmonton home came in at $430,000 in January 2026 (the average was $448,121). 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 $514,500, while an apartment was closer to $200,000. 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
Supply and demand
On the demand side, 1,148 sales were 27.8% behind last year, against 2,443 new listings. Inventory is up 31.0% year over year, so buyers had more homes to choose from than a year ago.
Homes took about 59 days to sell. At 4.2 months of supply this is a buyer’s market — buyers generally have time and leverage to be selective.
Homes sold · last 12 months
The rate backdrop
Prime rate over the two years to January 2026 — 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 →
By property type
| Type | Median | MoM | YoY | Sales | Supply |
|---|---|---|---|---|---|
| Detached | $514,500 | -0.1% | -0.1% | 654 | 4 |
| Semi-detached | $420,000 | 0.0% | 0.0% | 145 | 3.6 |
| Row / townhouse | $291,000 | -1.4% | -9.2% | 165 | 4 |
| Apartment | $200,000 | +14.8% | +9.9% | 187 | 5.6 |
Source: the REALTORS® Association of Edmonton. Greater Edmonton prices use the median.
Josh’s mortgage take
Josh Tagg · Indi Mortgage
From the mortgage side: a buyer’s 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’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 January 2026, the median price across Greater Edmonton was $430,000 (the average was $448,121). 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 4.2 months of supply in January 2026, Greater Edmonton was a buyer’s 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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