Mill Woods vs Ellerslie: The Big Established South vs the Newer South

Mill Woods and Ellerslie are the south's two big family markets — one mature and enormous, one newer and compact. Mill Woods recorded 902 sales across 24 neighbourhoods at a single-family median of $424,700; Ellerslie recorded 285 sales at $508,256. That $84,000 gap buys newer stock in Ellerslie; Mill Woods answers with the deepest selection and the cheapest condos in the south. All figures: Paragon MLS® sold data, November 9, 2025 – November 8, 2026.

The head-to-head

Two different products: depth and value vs newer and uniform

Mill Woods sells depth. 533 detached sales and 369 condo sales at a $218,000 median — the biggest combined market in the south, with housing from $183,000 fixer-uppers to $765,000. Its houses are the south's best value per the median, and at $346 per square foot you pay for mature lots and smaller footprints.

Ellerslie sells newer. 178 detached sales at $294 per square foot — bigger, newer homes for less per foot — plus 107 condo sales at a $283,000 median along Ellerslie Road and 91 Street. The stock is more uniform, which makes pricing more predictable.

Direction and pace: Mill Woods quicker, Ellerslie firmer

Mill Woods' single-family median eased 2.4% year over year ($435,000 to $424,700); Ellerslie's rose 2.1% ($498,000 to $508,256). Both sold at about 98% of asking.

Pace favours Mill Woods sellers: 22 median days on market against Ellerslie's 38.5. Value-priced Mill Woods houses move; Ellerslie buyers get more time to compare its similar listings.

Which one fits you

Choose Mill Woods if value and choice come first — the $424,700 detached median, condos at $218,000, and 902 sales a year of selection across 24 neighbourhoods.

Choose Ellerslie if newer construction matters more than the last $84,000 — bigger homes at less per square foot, in a steadier, slower-moving market.

Either way: both areas' full sold tables, community guides and current listings are here — Mill Woods community guide · Ellerslie community guide · and the pair in regional context at the Edmonton Housing Data Centre.

How these numbers were worked out

Source: Paragon MLS® sold data, November 9, 2025 – November 8, 2026, with the prior-year window November 9, 2024 – November 8, 2025 for the change figures. Counts include single-family and condo property classes only. Medians are true medians of the actual sold records. Any split with fewer than 10 sales shows its count only (the thin rule). Price per square foot is Paragon's sold-price-per-square-foot field (sold price ÷ total floor area as recorded in the MLS®). Sold vs asking divides the sold price by the final list price. Full methodology: Edmonton Housing Data Centre.

Talk it through: call Travis Bannert at 780-720-8240. In Mill Woods especially, the individual neighbourhood inside the district moves prices street by street — if you are weighing these two, he will pull the exact recent sales around the specific homes you are looking at.

Travis Bannert, Realtor® | Bridge Realty Group, Maxwell Progressive Realty
780-720-8240 | bridgerealtygroup.ca

Sources for this page

• Sold figures: Paragon MLS® sold data (master sold file), windows November 9, 2025 – November 8, 2026 and November 9, 2024 – November 8, 2025, counted as described in "How these numbers were worked out." Dataset snapshot read November 14, 2026.

Frequently asked questions

Is Mill Woods or Ellerslie more expensive?
Ellerslie — a $508,256 single-family median vs Mill Woods' $424,700 in the year to November 8, 2026, and condos at $283,000 vs $218,000.

Which has more homes for sale, Mill Woods or Ellerslie?
Mill Woods, by far — 902 sales in the past year across 24 neighbourhoods, against Ellerslie's 285.

How fast do homes sell in Mill Woods and Ellerslie?
Median days on market for single-family homes: Mill Woods 22 days, Ellerslie 38.5 days, in the year to November 8, 2026.

Are prices rising in Mill Woods or Ellerslie?
Ellerslie's single-family median rose 2.1% year over year; Mill Woods' eased 2.4%.