Devon Real Estate

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

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  3. Devon Real Estate

Home Prices in Devon

The asking price of homes for sale in Devon has increased 0.64% since October last year, while the number of homes for sale has increased 51.61%. See more Devon Home Prices & Values.

House
Median Asking Price
$329K
24 Houses
Townhouse
Median Asking Price
$183K
1 Townhouses
Condo
Median Asking Price
$288K
22 Condos

Find Real Estate & MLS® Listings in Devon

Zolo has the most detailed, up-to-date set of Devon real estate listings. Right now, Devon has 46 homes for sale, including 23 houses, 22 condos, and 1 townhouses for sale. The average sold price for all home types in Devon is $366K, which is 40% higher than October 2019. See our Devon 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 Devon neighbourhoods, the highest-rated 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 Devon is updated every 15 minutes to provide you the most-up-to-date home listings. Reach out to one of our Devon real estate agents to get started on landing your dream home today.

Devon City Guide

7K
Population
4%
Population Growth
6%
Unemployment

Located in Alberta, the city of Devon has a population of 6,510. The 4% population growth for this city is below average when compared to other Canadian cities.

There are 5.12% of immigrants in in Devon, 0.85% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 1% of residents reporting it as their mother tongue. The largest cultural community within Devon is English at 30%, followed by Canadian at 28% and German at 27%.

Devon offers good employment opportunities with an unemployment rate that sits near 6%, which is average when compared to other cities. Approximately 47% of residents hold a university degree. Residents can expect good quality of life in Devon based upon an average median family income of $81,786.

According to Statistics Canada 96% of Devon residents drive. About 14% of residents that are already established within the city will move within a year, while 43% will move within five years.

Devon's population is higher than average when it comes to homeownership, with 84% owning a home and 16% renting. The median monthly mortgage cost is estimated to be about $1,324, which is average when compared to renters in other Canadian cities.

In the Canadian real estate context, Devon is a good place to to buy a home.

Nearby Cities

A large proportion of would-be homeowners decide homes for sale in communities that are further from Devon's downtown core. Suburban communities usually offer larger homes on larger lots. For even more options, consider commuting into Devon's core from a nearby city, such as St. Albert, , and . Even neighbouring cities that require a bit of a longer commute, such as , , and , are good options as they proffer great housing options, often at more attractive prices.

City
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1St. Albert 10%10%$448K265
2Sherwood Park 9%9%$419K247
3Edmonton 5%8%$374K4951
4Stony Plain 6%3%$363K130
5Fort Saskatchewan 3%9%$361K160

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 Devon’s demographics, including median age, schools and income, using census information from Statistics Canada.

16%
Rent
84%
Own
$1,204
Monthly Rent (Median)
$1,324
Monthly Mortgage (Median)
1,830
Total Families
$81,786
Family Income (Median)
35
Age (Median)
47%
College Educated

Schools

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

Secondary Schools

6.7 John Maland

Commuters

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

96%
Drive
0%
Transit
0%
Bike
3%
Walk

FAQs About Devon Real Estate

According to current Devon MLS© statistics, the average home listing price in Devon, AB is $314,000. Based on Devon housing inventory, the average home is listed on the market for 32 days and has a 97.6% selling to listing price ratio.

Based on current Devon MLS© data, the average detached house in Devon, AB has a listing price of $347,000. In Devon, detached houses are on the market for 32 days on average.

According to current Devon MLS© data, the average condo in Devon, AB has a listing price of $285,000. In Devon, the average price for a 2-bedroom condo is $290,000 and the average price for a 1-bedroom condo is $234,000.

In Devon, AB, the most expensive neighbourhoods to buy a home include Devon. Devon is the most expensive neighbourhood in Devon with an average home price of $314,000.

The cheapest neighbourhoods to buy a home in Devon include Devon and Devon. Devon is the most affordable neighbourhood in Devon with an average home price of $314,000.

The closest cities to Devon, AB include Rural Willow Creek M.d., Calmar, Leduc and Rural Leduc County. Out of the nearby Devon cities, Rural Leduc County has the highest average home price of $1,689,000 and Calmar has the most affordable average home price of $237,000.

The average townhouse in Devon has an average listing price of $183,000, which represents a -11.9% change in price from last year. There are currently 1 townhouses for sale in Devon, AB.

According to Statistics Canada Census data, the median total household income in Devon is $81,786 per year, which is above the national median income of $67,000 per year.

devon
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association nor Zolo.