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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Home Prices in Devon

The asking price of homes for sale in Devon has decreased -0.65% since May last year, while the number of homes for sale has increased 33.87%. See more Devon Home Prices & Values.

House
Median Asking Price
$355K
44 Houses
Townhouse
Median Asking Price
$345K
4 Townhouses
Condo
Median Asking Price
$285K
30 Condos

Devon MLS® Listings & Real Estate

Zolo has the most thorough, up-to-date set of Devon real estate listings. Search for homes listed on the Devon MLS® system, including nearby cities, property types, and neighbourhoods. Right now, Devon has 81 homes for sale, including 44 houses, 30 condos, and 4 townhouses on the market. The average sold price for all home types in Devon is $315K, which is -9% lower than May 2017. See our Devon real estate trends for a more detailed analysis on average home prices, housing inventory, and days on market.

Devon is home to 2 unique neighbourhoods. With Zolo you'll be able to find the fastest selling Devon 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.

Our Devon MLS® Listing data is added every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Devon REALTORS® 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.

Neighbourhoods

Devon is established as the city for excellent communities. To help you to discover the most discover area to settle consider each of Devon's 2 neighbourhoods. Better still, spend the weekend investigating open houses in Devon. Ask the real estate agent on duty about the area. Their local knowledge will help in narrowing down the best spot to set up roots in the Canadian real estate market.

Neighbourhood
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Devon 7% 0% $322K 74
2None 0% 0% $302K 9

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
1Bon Accord 33%0%$188K16
2St. Albert 10%10%$411K545
3Sherwood Park 9%7%$412K469
4Edmonton 8%7%$634K7683
5Leduc 7%4%$331K366

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

Latest Real Estate News

Savings and rebates for Canadian home buyers

You can certainly save money with tax credits and rebates but you first need to know what is available and whether or not you're eligible. Here's a list of federal, provincial and municipal rebates available to home buyers

Savings and rebates for Canadian home buyers
devon
The listing data is provided under copyright by the Edmonton Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Edmonton Real Estate Board nor Zolo.