Banff Real Estate

  • 34 homes for sale in Banff, AB.

  • $415,000 to $5,911,000
  • $1,255,806 Avg List

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

Showing results 1 — 24 of 34
  1. Canada
  2. AB
  3. Banff

Home Prices in Banff

The asking price of homes for sale in Banff has increased 30.57% since June last year, while the number of homes for sale has increased 41.67%. See more Banff Home Prices & Values.

House
Median Asking Price
$1.6M
11 Houses
Townhouse
Median Asking Price
$774K
16 Townhouses
Condo
Median Asking Price
$464K
6 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 0 homes for sale, including 11 houses, 6 condos, and 16 townhouses listed for sale.

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

8K
Population
13.2%
Population Growth
5%
Unemployment

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.

Demographics

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.

54%
Rent
46%
Own
$1,233
Monthly Rent (Median)
$1,521
Monthly Mortgage (Median)
1,490
Total Families
$75,143
Family Income (Median)
32
Age (Median)
66%
College Educated

Schools

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

Commuters

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

45%
Drive
4%
Transit
10%
Bike
40%
Walk

FAQs About Banff Real Estate

According to current Banff MLS© statistics, the average home listing price in Banff, AB is $1,245,000.

Based on current Banff MLS© data, the average detached house in Banff, AB has a listing price of $1,962,000. 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 $474,000. In Banff, the average price for a 2-bedroom condo is $528,000 and the average price for a 1-bedroom condo is $422,000.

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 $1,275,000.

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 $1,275,000.

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 $930,000 and Cochrane has the most affordable average home price of $447,000.

The average townhouse in Banff has an average listing price of $971,000, which represents a 14% change in price from last year. There are currently 17 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.

banff
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.