Banff Real Estate

Refine your Banff real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Banff.

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  3. Banff Real Estate

Home Prices in Banff

The asking price of homes for sale in Banff has decreased -41.83% since October last year, while the number of homes for sale has decreased -55%. See more Banff Home Prices & Values.

Median Asking Price
11 Houses
Median Asking Price
12 Townhouses
Median Asking Price
12 Condos

Find Real Estate & MLS® Listings in Banff

Zolo has the most thorough, up-to-date set of Banff real estate listings. Right now, Banff has 34 homes for sale, including 11 houses, 12 condos, and 12 townhouses listed for sale. The average sold price for all home types in Banff is $433K, which is % the same as October 2019. See our Banff housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

With Zolo you'll be able to find the hottest Banff neighbourhoods, the best schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

MLS® Listing data for Banff is added every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Banff real estate agents to get started on landing your dream home today.

Banff City Guide

Population Growth

Located in Alberta, the city of Banff has a population of 7,584. The 13.2% population growth for this city is above average when compared to other Canadian cities.

There are 25.91% of immigrants in in Banff, 12.23% of which are recent immigrants to Canada. Other than English, the most common language spoken is Japanese, with 6% of residents reporting it as their mother tongue. The largest cultural community within Banff is English at 24%, followed by Canadian at 21% and Scottish at 17%.

Banff offers good employment opportunities with an unemployment rate that sits near 5%, which is above average when compared to other cities. Approximately 66% of residents hold a university degree. Residents can expect an exceptional quality of life in Banff based upon an above average median family income of $75,143.

According to Statistics Canada 45% of Banff residents drive. About 19% of residents that are already established within the city will move within a year, while 59% will move within five years.

Banff's population is higher than average when it comes to homeownership, with 46% owning a home and 54% renting. The median monthly mortgage cost is estimated to be about $1,521, which is above average when compared to renters in other Canadian cities.

In the Canadian real estate context, Banff is a good place to set down roots.


Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Banff’s demographics, including median age, schools and income, using census information from Statistics Canada.

Monthly Rent (Median)
Monthly Mortgage (Median)
Total Families
Family Income (Median)
Age (Median)
College Educated


For those interested in buying Canadian real estate in order to raise a family, take heart: Banff is home to top-rated elementary and secondary schools. To help you narrow down your Banff housing market search, here’s the top five schools in each category. (Learn more in our school guide.)

Secondary Schools

6.5 Banff


According to Statistics Canada, residents in Banff use a variety of ways to get around.


FAQs About Banff Real Estate

According to current Banff MLS© statistics, the average home listing price in Banff, AB is $1,209,000. Based on Banff housing inventory, the average home is listed on the market for 88 days and has a 94.6% selling to listing price ratio.

Based on current Banff MLS© data, the average detached house in Banff, AB has a listing price of $1,980,000. In Banff, detached houses are on the market for 0 days on average.

According to current Banff MLS© data, the average condo in Banff, AB has a listing price of $686,000. In Banff, the average price for a 2-bedroom condo is $512,000 and the average price for a 1-bedroom condo is $421,000.

In Banff, AB, the most expensive neighbourhoods to buy a home include None. None is the most expensive neighbourhood in Banff with an average home price of $1,215,000.

The cheapest neighbourhoods to buy a home in Banff include None and None. None is the most affordable neighbourhood in Banff with an average home price of $1,215,000.

The closest cities to Banff, AB include Canmore, Dead Man's Flats, Bragg Creek and Cochrane. Out of the nearby Banff cities, Canmore has the highest average home price of $996,000 and Dead Man's Flats has the most affordable average home price of $487,000.

The average townhouse in Banff has an average listing price of $928,000, which represents a -12.2% change in price from last year. There are currently 13 townhouses for sale in Banff, AB.

According to Statistics Canada Census data, the median total household income in Banff is $75,143 per year, which is above the national median income of $67,000 per year.

The listing data is provided under copyright by the Calgary Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Calgary Real Estate Board nor Zolo.