How Oakmont Home Prices Changed Over the Last 5 Years
The Quick Answer
Oakmont's detached median climbed from $534K in 2021 to $679K in 2025. Here's the 5-year price arc and what it means for buyers and sellers in 2026.
— John Carle, St. Albert REALTOR®
Key Takeaways at a Glance
- Oakmont's price story over the last five years is less about dramatic spikes and more about a steady climb, interrupted once by the 2023 rate shock.
- Because Oakmont is a mixed neighbourhood (about 44% of sales are condos), I'll keep this focused on detached houses — the number most buyers here actually care about.
- 2026 year-to-date: about $620K — but on just 12 sales (n=12), so directional only, not a trend
"John Carle says:" — How Oakmont Home Prices Changed Over the Last 5 Years
"If you're buying in 2026, don't over-read the soft early-year number — it rests on 12 sales."
— John Carle, St. Albert REALTOR® with 25+ years in the market
Oakmont's price story over the last five years is less about dramatic spikes and more about a steady climb, interrupted once by the 2023 rate shock. Because Oakmont is a mixed neighbourhood (about 44% of sales are condos), I'll keep this focused on detached houses — the number most buyers here actually care about.
The Arc: Detached Medians by Year
Here are Oakmont's detached medians year by year:
- 2021: $534K
- 2022: $595K
- 2023: $560K (the rate-shock dip)
- 2024: $622K
- 2025: $679K
- 2026 year-to-date: about $620K — but on just 12 sales (n=12), so directional only, not a trend
From 2024 to 2025, the detached median rose 9.2% ($622K to $679K). Over the last 12 months, the detached median sits at $645K (n=52) — that's the number I'd hang your hat on for a current house price. For reference, Oakmont's long-term medians are about $546K detached and $522K blended across all property types (condos + houses) since 2010.
The Broader Context
Oakmont didn't exist in a vacuum. The wider St. Albert market followed a clear arc:
- 2020–2022: Pandemic boom. Low rates, remote work, and pent-up demand pushed city-wide medians up sharply. Oakmont rode that wave with the rest of the city.
- 2023: Rate shock. The Bank of Canada's aggressive hiking cycle cooled every neighbourhood. Oakmont felt it. The city median pulled back roughly 2%, and Oakmont's activity slowed as buyers recalibrated.
- 2024–2025: Recovery and a strong year. Rates held, buyers adjusted, and the detached median climbed from $622K to $679K — a 9.2% gain.
- 2026 year-to-date: Early detached sales sit around $620K, but on just 12 transactions. That's a tiny sample — directional at best, not a signal of decline.
What the Numbers Mean for Buyers
If you're buying in 2026, don't over-read the soft early-year number — it rests on 12 sales. The honest current benchmark for a detached Oakmont house is the 12-month median of $645K. Expect the mid-$600s for a solid detached home, more for the larger golf-course properties.
The key is patience where you have it and speed where you don't. Detached homes here have been selling in about 13 days at essentially full asking, so a sharply priced listing won't wait for you. Be ready.
What the Numbers Mean for Sellers
If you bought in 2020–2022, you're almost certainly sitting on equity — the detached median rose from $534K in 2021 to $679K in 2025. If you're selling in 2026, pricing discipline still matters. Price to your home's actual comparables, not to a headline. Detached homes that are priced right are moving in about 13 days at essentially full asking; homes that reach too high sit and then settle for less.
The Long View
Oakmont's 1,201 sales since 2010 give you a deep statistical base. The long-term medians — about $546K detached and $522K blended across all property types (condos + houses) — reflect a neighbourhood that has grown with the city. The 55% of sales above $500K confirm this is firmly move-up and established-family territory.
The price range — $163,000 to $2,456,500 — is the widest in St. Albert. That diversity is Oakmont's hedge against volatility. When luxury slows, entry-level keeps moving. When entry-level stalls, the mid-range carries the load.
The Bottom Line
Oakmont's 5-year trend isn't a rocket ship and it isn't a roller coaster. Detached prices climbed steadily from $534K in 2021 to $679K in 2025, took the 2023 rate shock in stride, and now sit around a $645K 12-month median. Steady, and honestly told.
Want the exact comparable sales for your Oakmont property? I'll pull the MLS data and show you where your home really fits — detached comps, not a blended average. Just call John — 780-937-7534.
Based on John's St. Albert MLS records — over 30,800 sales, 2010 through April 2026.
Bottom Line
Oakmont's detached median climbed from $534K in 2021 to $679K in 2025. Here's the 5-year price arc and what it means for buyers and sellers in 2026.
For advice grounded in your specific situation, talk to John directly.
Just Call John.