Canada MLS
Banff

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.

Market Stats Stats Recently Sold

19 homes for sale in Banff, AB.

Showing results 1 — 19 of 19
  1. Canada
  2. Alberta
  3. Banff Real Estate

Home Prices in Banff

The asking price of homes for sale in Banff has decreased 44.33% since June last year, while the number of homes for sale has increased 260%. See more Banff Home Prices & Values.

House
Median Asking Price
$3.5M
5 Houses
Townhouse
Median Asking Price
$919K
3 Townhouses
Condo
Median Asking Price
$694K
10 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 19 homes for sale, including 5 houses, 10 condos, and 3 townhouses listed for sale. The average sold price for all home types in Banff is $1.2M, which is -36% lower than June 2025. 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

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 - 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 - when compared to other cities. Approximately 66% of residents hold a university degree. Residents can expect good quality of life in Banff based upon a - 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 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 - when compared to renters in other Canadian cities.

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

Market Trends

  • Median List Price$865K
  • Median Selling Price$865K
  • Listing-to-Selling Ratio100.01%
  • Price Change (Month)-18.01%
  • Price Change (Year)-49.09%
  • Average Days on Market0
Note: Data based on last 28 days

A quick browse of MLS® listings show plenty of homes for sale in Banff. That doesn't mean property shopping in this market is effortless. In Canada's real estate marketplace there are stormy spots of activity -- areas where bidding wars and sold-over-asking is the norm. To be prosperous in your property search talk to a local Realtor®. As a specialist, a local Banff real estate agent can guide you to neighbourhoods that suit your needs and property types that suits your budget.

Banff properties stay on the market for 0 days, on average and sells for 100.01% of the median list price. Detached houses for sale in Banff make up 28% of listings and sell for a median price of $3,450,000. Banff condos are 56% of the real estate currently for sale and sell for a median price of $693,862. The remaining 17% are townhouses, which sell for a median price of $918,750.

To keep pace with Banff's real estate landscape you need to familiarize yourself with the marketplace. Talk to a real estate agent or mortgage agent to find out what you can realistically afford.

At this point in time, Banff's median sale price is $865,000. This number is determined by finding the mid-point price of all properties sold within a specified period of time. If, for example, 30 condos sold last month and only 11 detached homes sold in the same time frame, then the median price would skew downwards to reflect the larger number of lower priced condos. At present, Banff has 5 houses for sale, 3 townhomes for sale and 10 condos for sale.

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 $1,500,000. Based on Banff housing inventory, the average home is listed on the market for 0 days and has a 93.9% selling to listing price ratio.

Based on current Banff MLS© data, the average detached house in Banff, AB has a listing price of $3,358,000. 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 $713,000. In Banff, the average price for a 2-bedroom condo is $729,000 and the average price for a 1-bedroom condo is $578,000.

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 $1,500,000.

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 $1,500,000.

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 $1,513,000 and Dead Man's Flats has the most affordable average home price of $478,000.

The average townhouse in Banff has an average listing price of $1,026,000, which represents a -3.3% change in price from last year. There are currently 3 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 Pillar 9™. The listing data is deemed reliable but is not guaranteed accurate by Pillar 9™ nor Zolo. The information provided on this page, including the Affordability, Afford Score™, and Affordability Coach, are provided for informational purposes only and should not be used or construed as financial or investment advice by any individual. No representations or warranties, express or implied, are made by Zolo or its affiliates as to the accuracy or completeness of the information on this page.