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Greater Edmonton community

Devon

Devon is a community in the Greater Edmonton area, home to about 6,545 people (2021 census). All residential sold for a median of $482,500 in May 2026 (+62.2% year-over-year). The median household income is $95,000, and 77% of homes are owner-occupied. Market figures are from the REALTORS® Association of Edmonton; demographics from the 2021 federal census. Directional only — not the price a specific home would sell for today.

Demographics are the 2021 federal census for the Devon census subdivision (Town of Devon). Market figures are derived from the REALTORS® Association of Edmonton monthly municipality statistics.

Compare Devon with the rest of Greater Edmonton →

Median sale price

$393,000

12-mo rolling · +0.1% YoY

Sales (year to date)

51

2026 YTD · +4.1% YoY

Median household income

$95,000

2021 census

Own their home

77%

23% rent · 2021

Population

6,545

2021 census

Where it is

Devon sits in the Greater Edmonton metro.

Map showing the location and boundary of Devon, Alberta, within the Edmonton metropolitan region.
Devon outlined in teal on the regional map. Map data © Mapbox © OpenStreetMap.

The homes

What the housing stock looks like, and what homes are worth.

What's here

Mostly detached. 78% of homes, with 7% semi-detached.

Housing mix (2021 census · 2,495 dwellings)
  • Detached78%
  • Semi-detached7%
  • Row house (townhouse)5%
  • Apartment in a duplex0%
  • Apartment (low-rise)9%

What homes are worth (what owners figured, 2021)

Owners figured a median of $332,000 back in 2021 — for owner-occupied homes of all types (the average was $343,200). Homes are now selling for a rolling median of $393,000 (12 months to May 2026) — about 18% above that.

That's owners' self-reported value from the 2021 census — five years old and self-reported, so a rough, stale snapshot, not a current price. For what's actually trading now, see the market below.

Who lives here

Income, ownership, education and how people get to work — plus what housing costs.

Who lives here

Mostly homeowners. Median household income $95,000.

Median income$95,000per household, 2020
Own their home77%
Bachelor's +11%of adults 15+
Drive to work92%0% transit
Income, households, ages & work

Household income

  • Under $50k19%
  • $50k–$100k35%
  • $100k–$150k25%
  • $150k–$200k13%
  • $200k+9%

Households (average 2.6 people)

  • Couples with kids30%
  • Couples without kids28%
  • One-parent families9%
  • Living alone22%
  • Multigenerational2%
  • Other shared households8%

Ages (median 40)

  • 0–1420%
  • 15–2410%
  • 25–4426%
  • 45–6426%
  • 65+17%

Work — occupations

  • Trades, transport & equipment operators29%
  • Sales & service22%
  • Business, finance & administration17%
  • Education, law, social & government10%
  • Natural & applied sciences5%
  • Health5%
  • Natural resources & agriculture5%
  • Art, culture, recreation & sport3%
  • Manufacturing & utilities3%
  • Management1%

Work — industries

  • Construction12%
  • Retail trade11%
  • Health care & social assistance9%
  • Transportation & warehousing8%
  • Mining, oil & gas7%
  • Educational services7%
  • Other services6%
  • Public administration6%
  • Manufacturing5%
  • Wholesale trade5%
  • All other sectors combined24%

36% of residents moved here within the last 5 years (9% within the last year).

Immigration

6% of residents are immigrants.

  • Before 198031%
  • 1980–199018%
  • 1991–200010%
  • 2001–201014%
  • 2011–202129%

2021 federal census, Devon census subdivision. Income + ages are 100% data; work, immigration and mobility are 25% sample data, randomly rounded.

Origins, population groups & religion

Most commonly reported origins (multiple responses allowed — shares overlap)

  • English28%
  • Scottish21%
  • German20%
  • Irish19%
  • Canadian19%
  • French12%
  • Ukrainian9%
  • Dutch8%

Population groups

5% of residents identified as a visible minority; 95% did not. Separately, 7% identify as Indigenous (Métis 3%, First Nations 3%).

  • Filipino2%
  • South Asian1%
  • Black1%
  • Arab1%
  • Multiple groups1%

StatCan defines a "visible minority" as persons, other than Indigenous peoples, who are non-Caucasian in race or non-white in colour (Employment Equity Act) — Indigenous residents are counted separately, and "not a visible minority" is predominantly residents who identify as white.

Religion

  • Christian51%
  • No religious affiliation48%
  • Other religions1%

Immigration, ethnocultural origin, population group and religion from the 2021 federal census (25% sample). Neutral Statistics Canada classifications, shown identically for every community.

Housing costs

Owners pay about $1,640/month; renters about $1,350/month. Median monthly shelter cost, 2021.

Owners pay$1,640/mo15.1% spend 30%+ of income
Renters pay$1,350/mo47.8% spend 30%+ of income

The market

What's actually selling — sold prices, sales activity and the trend, from the REALTORS® Association of Edmonton.

Recent sales & prices

Over the 12 months to May 2026, homes sold for a rolling median of $393,000+0.1% year-over-year, across 130 sales. That's the steady read; a single month swings on a few sales ($482,500 in May 2026 alone).

12-month median$393,000rolling · +0.1% YoY · 130 sales
12-month average$417,801sales-weighted
Latest month$482,500All residential · May 2026 · 14 sales
Year-to-date median$431,000+11.8% YoY · 51 sales
Sales volume$6,613,550all residential · May 2026

The headline is a 12-month rolling median — it pools the last 11 months (130 sales) so a single month's handful of sales can't swing it, and year-over-year is measured rolling-vs-rolling. RAE reports this town as a single residential total (not split by home type). Source: REALTORS® Association of Edmonton.

Price trend

The 12-month rolling median sale price is +0.1% year-over-year. Rolling median (bold) $362,125 → $393,000; the faint line is each single month.

$362,125 $393,000 2023202420252026

12-month rolling median single-month median

The bold line is the 12-month rolling median; the faint line is each single month, which can swing on a few sales in a small market. Source: REALTORS® Association of Edmonton.

Source

Market statistics: Source: REALTORS® Association of Edmonton (monthly municipality statistics). Demographics: Statistics Canada, 2021 Census of Population, Census Profile (98-401-X), Devon census subdivision. Directional analysis, not verbatim reproductions.

About these figures. Market figures are derived from RAE monthly statistics and reflect what sold, not what any specific home is worth; the 2021 census home value is residents' self-reported value, not a sale price or appraisal. Trevor Tardif is a licensed REALTOR® with REAL Broker AB Ltd, Edmonton, Alberta. Content on this site does not constitute financial or investment advice.

Thinking about buying or selling in Devon?

These numbers are the starting point. I'll pull the live comparables for Devon, tell you what your home would actually trade at today, and walk you through the move — buying or selling.

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