Canmore, Alberta
As of September 27, 2026, the median asking price in Canmore is $1,214,991, across 146 active MLS® listings.
Those listings have been on the market an average of 73 days.
57 new listings came to market in Canmore in the last 30 days.
Asking prices work out to about $1,005 per square foot, based on the 145 listings that report floor area.
Condos in Canmore are listed at an average of $959,195 across 53 active listings.
Detached homes in Canmore are listed at an average of $2,887,015 across 42 active listings.
Townhouses in Canmore are listed at an average of $1,117,546 across 37 active listings.
Duplexes in Canmore are listed at an average of $2,445,703 across 10 active listings.
Canmore (the town centre and surrounding established neighbourhoods in Canmore) is a high-demand mountain community defined by walkability to downtown shops and restaurants, quick access to trail systems, and proximity to Banff National Park. The resident mix is a blend of full-time locals, professionals commuting to Banff/Calgary on hybrid schedules, and a sizable segment of second-home owners; this keeps resale demand resilient but can reduce long-term rental supply. Housing stock is a mix of townhomes, low-rise condos, and newer boutique developments, with pricing supported by limited developable land and strict planning constraints typical of mountain municipalities.
Amenities are strongest around Main Street—groceries, cafés, recreation facilities, and parks—while outdoor recreation (Bow River, bike paths, trailheads, ski access via short drives) is a defining draw. Schools serving the broader Canmore area include local public options such as Canmore Collegiate High School and Elizabeth Rummel School, plus community recreation programming. Transit is primarily regional and car-oriented (Bow Valley corridor service), with most residents relying on vehicles; this tends to concentrate rental demand near central services and employment nodes. From an investment perspective, the area benefits from long-run scarcity and lifestyle-driven demand, but returns can be constrained by high entry prices, condo/HOA fees, and regulatory/strata rules that may limit short-term rentals—making due diligence on permitted use critical. Overall, appreciation potential remains solid, while gross yields are moderate for a small, premium resort market.
Canmore’s current for-sale market shows 159 active listings with a median asking price of $1,169,000, averaging $946/sqft and 85 days on market so far, pointing to higher-end pricing with a pace that still rewards patience and careful comparison. With 49 new listings in the past 30 days, buyers and investors are seeing fresh choice across the city’s mix of downtown-adjacent condos and townhomes, established family-oriented areas, and larger homes on the edges toward the Bow Valley corridors, where pricing and value per square foot can vary meaningfully by building age, views, and proximity to trails and amenities. Overall, the data suggests a well-supplied, premium market where negotiating leverage may improve on longer-listed properties, while well-located, turn-key units can still attract attention quickly.
AI-written commentary on the active MLS® listing snapshot as of September 18, 2026. Not financial advice.
Canmore covers about 69 km², so a single Walk Score®, Transit Score® or Bike Score® measured at one point would not describe it. How easily you can get around depends on which part of Canmore you are in — check the score for a specific address.
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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