How North Ridge Home Prices Changed Over the Last 5 Years
The Quick Answer
North Ridge's detached median has climbed from $488K in 2021 to $551K in 2025. Here's the full price story, backed by John Carle's St. Albert MLS records.
— John Carle, St. Albert REALTOR®
Key Takeaways at a Glance
- Here's what the numbers say. (Because North Ridge is roughly 95% detached — very few condos — the detached median is effectively the whole-neighbourhood price, so that's what I use here.)
- The 2026-YTD figure is eye-catching, but with only 19 sales it's directional, not an established trend — I wouldn't hang a pricing decision on it.
- The more reliable signal is the year-over-year move from 2024 to 2025: detached medians rose about 6.0%, from $520K to $551K.
"John Carle says:" — How North Ridge Home Prices Changed Over the Last 5 Years
"The long-term median (all years) sits around $488K detached, which tells you how much of that appreciation is recent."
— John Carle, St. Albert REALTOR® with 25+ years in the market
North Ridge has been on a steady climb. Not a rocket like some neighbourhoods, but a consistent, year-over-year appreciation that rewards patience. Here's what the numbers say. (Because North Ridge is roughly 95% detached — very few condos — the detached median is effectively the whole-neighbourhood price, so that's what I use here.)
The Recent Arc (Detached Median)
| Year | Detached Median | Notes |
|---|---|---|
| 2021 | $488,000 | Pre-boom baseline |
| 2022 | $560,000 | Pandemic-era peak |
| 2023 | $500,000 | Rate-shock pullback |
| 2024 | $520,000 | Recovery underway |
| 2025 | $551,000 | New footing, +6.0% over 2024 |
| 2026 YTD | $600,000 | Directional only — just 19 sales so far |
The 2026-YTD figure is eye-catching, but with only 19 sales it's directional, not an established trend — I wouldn't hang a pricing decision on it. The more reliable signal is the year-over-year move from 2024 to 2025: detached medians rose about 6.0%, from $520K to $551K. For a current read, the detached median over the last 12 months sits around $563,000 (82 sales).
The 5-Year Story (2021–2026)
North Ridge's detached median has climbed from $488K in 2021 to $551K in 2025 — steady growth through a choppy stretch of interest-rate moves. The long-term median (all years) sits around $488K detached, which tells you how much of that appreciation is recent. Early 2026 sales hint at a push toward $600K, but that's a small sample and I'd treat it as a signal, not a settled number.
What drove it? A few factors:
- Family demand: With 86% of sales being family-style homes (two-storey/bungalow), North Ridge attracts buyers who are less price-sensitive and more lifestyle-focused.
- Tight inventory: Only 0.4% of sales under $300K means entry-level supply is essentially zero. That scarcity supports pricing.
- Move-up pipeline: Buyers selling condos or starters in Grandin, Mission, or Akinsdale often land in North Ridge as their next step.
The Bigger Picture: 2010–2026
Looking at the full dataset, North Ridge's median has trended upward across every market phase:
- 2010–2014: Post-GFC recovery — steady, unspectacular growth
- 2015–2019: Alberta recession held the neighbourhood flat, but didn't crash it
- 2020–2022: Pandemic boom — low rates drove demand for family homes
- 2023: Rate shock — brief pause, but limited sub-$300K inventory prevented a slide
- 2024–2026: Recovery and new highs — the detached median has moved back above $550K
What This Means for Buyers
If you're waiting for North Ridge to "correct," the data says that's unlikely. The neighbourhood has appreciated through every cycle, supported by family demand and tight supply. The better strategy is to buy when you're ready, not when you think the market will dip.
What This Means for Sellers
If you bought in North Ridge before 2023, you're likely sitting on meaningful equity. With detached medians up about 6% year-over-year into 2025 and a current read near $563K, a home you bought a few years ago has quietly gained ground. Timing a sale in spring or early summer typically captures the strongest buyer pool.
Want a personalized price analysis for your North Ridge home? I'll pull the comparable sales that actually match your house and give you a real number — not a guess off an online estimate. Just call John — 780-937-7534.
Figures from John Carle's St. Albert MLS records, spanning 2010 through spring 2026 — more than 30,800 sales.
Bottom Line
North Ridge's detached median has climbed from $488K in 2021 to $551K in 2025. Here's the full price story, backed by John Carle's St. Albert MLS records.
For advice grounded in your specific situation, talk to John directly.
Just Call John.