Downtown, Edmonton

Neighbourhood Guide — August 2026

Avg Price

$219,450

Median Price

$219,450

Homes Sold

2

New Listings

0

For Sale

26

Avg Days on Market

139

Downtown Price Trends

Housing Breakdown

Active Listings by Type

Average Prices

Apartment
$411,214 (21 listings)
Lots and Land
$1,249,667 (3 listings)
Commercial
$449,450 (2 listings)

Downtown vs Edmonton Average

Downtown is 51% below the Edmonton average.

Metric Downtown Edmonton
Average Price $219,450 $448,297
Median Price $219,450 $385,000
Avg Days on Market 139 67
Homes Sold (Last Month) 2 125

About Downtown

Downtown Edmonton is the city's central business and cultural district, bounded roughly by the North Saskatchewan River valley to the south, 105 Avenue to the north, 109 Street to the west, and 97 Street to the east. The area has been the commercial heart of Edmonton since the early fur trading days, and today it houses the provincial legislature, major office towers, concert venues, and a growing residential population. Over the past two decades, Downtown has undergone a significant shift from a strictly 9-to-5 office district into a mixed-use neighbourhood with purpose-built rental towers, condominium projects, and street-level retail. The ICE District development, anchored by Rogers Place arena, has been the largest catalyst for this transformation, bringing new hotels, restaurants, and residential towers to the northeast quadrant of downtown. Browse homes for sale in Downtown, read the Edmonton city guide, or compare all neighbourhoods.

Nearby Amenities

The legislature grounds provide the largest green space adjacent to downtown, with manicured gardens, wading pools, and interpretive trails covering roughly 23 hectares along the river bluffs. Louise McKinney Riverfront Park and Henrietta Muir Edwards Park extend along the river valley at the eastern edge of downtown, offering walking paths and picnic areas. Sir Winston Churchill Square anchors the civic and cultural core, surrounded by City Hall, the Art Gallery of Alberta, the Stanley A. Milner Library (reopened after renovation), and the Citadel Theatre. Rogers Place arena and the adjoining Stantec Tower form the centrepiece of the ICE District entertainment complex. Grocery options have expanded with the addition of urban-format stores, and the 104 Street Promenade provides a walkable shopping and dining corridor.

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