Medicine Hat Housing Market Statistics
Searching for Medicine Hat housing market statistics in Medicine Hat on June 21, 2:17pm? Trusted Medicine Hat community of Top Medicine Hat rank my real estate agents provide comprehensive housing market reports, trends, prices and sales data. Our monthly insights into Medicine Hat housing market, supply and demand, housing prices, and affordability.
Updated every 10 minutes Medicine Hat real estate housing market statistics, trends, declines, days on market and house values providing a clear understanding of housing availability, prices and market data in Medicine Hat provided by local real estate agent sponsors.
Frequently Asked Questions About
Medicine Hat Real Estate
Get instant Medicine Hat real estate answers to the most common questions about living in Medicine Hat including housing market trends and community information.
As of June 21, 2026 the Medicine Hat real estate market reports:
- Average Price: $409,800
- Active Listings: 173
- Price Trend: Stable to increasing over the past 12 months
Prices vary based on property type, location within the community, and market conditions. Contact a local REALTOR® for the most current pricing information.
Yes, Medicine Hat is considered one of Medicine Hat's desirable neighbourhoods. It offers:
- Excellent quality of life with community amenities
- Access to parks, schools, and shopping
- Strong sense of community with local events
- Convenient access to major transportation routes
Family-friendly atmosphere and well-maintained properties make it popular among homebuyers.
Medicine Hat offers a variety of property types including:
- Single-family detached homes
- Townhomes and row houses
- Condominiums and apartments
- Duplexes and semi-detached homes
- New construction developments
Properties range from entry-level homes to luxury estates, catering to first-time buyers, growing families, and downsizers.
Medicine Hat is served by several educational options:
- Public elementary and secondary schools
- Catholic separate schools
- French immersion programs
- Nearby private school options
For specific school boundaries and enrollment, contact the Medicine Hat Board of Education or local school directly.
Beyond purchase price, budget for:
| Cost | Typical Range |
|---|---|
| Property Transfer Tax | $200 - $5,000 |
| Home Inspection | $400 - $700 |
| Legal Fees | $1,000 - $2,500 |
| Property Tax Adjustment | 0.5-1.5% of home value |
| Mortgage Insurance (if applicable) | 0.6-4.5% of mortgage |
Medicine Hat is served by Calgary Transit with:
- Multiple bus routes connecting to LRT stations
- Direct routes to downtown Calgary
- Peak hour express service
- Access to major transit hubs
Commute times to downtown typically range from 20-40 minutes depending on time of day.
Medicine Hat Housing Market Trends
The Medicine Hat housing market trends are influenced by economic conditions, interest rates, demographic shifts, and supply/demand dynamics. Recent years have seen low interest rates fueling demand and creating a seller's market with rising prices and limited inventory. The COVID-19 pandemic also shifted housing preferences toward larger homes and suburban/rural areas. These trends continue to evolve, making it important to monitor economic indicators and local market factors.
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Medicine Hat Pre-Construction Developments
Medicine Hat pre-construction developments such as condo, townhomes and detached homes available or coming soon in Medicine Hat, Alberta. The prices for these developments range widely and the unit sizes also vary. Some developments have not yet released pricing details or begun accepting registrations. It is important to note that the completion dates, pricing, and deposit structure for these developments may be subject to change.
Medicine Hat New Construction Homes
Updated: June 21, 02:17pm
Homes for Sale in Medicine Hat
View TODAY's New Listings by beds, baths,
lot size, listing status, days on market, & more!
Community Reviews & Statistics
April 5 2023
Thanks mostly to a pullback in detached activity, first quarter sales did ease off the high levels reported over the past two years. However, sales levels are still consistent with long-term trends...
Read More- Schools: 5/5
- Transit/Commute: 0/5
- Real Estate Market: 5/5
- Safety: 5/5
- Family Friendly: 5/5
- Affordability: 4/5
March 3 2023
Easing sales in February contributed to the year-to-date decline of nearly 16 percent. While sales have reduced primarily due to pullbacks in the detached sector, they remain consistent with...
Read More- Schools: 5/5
- Transit/Commute: 5/5
- Real Estate Market: 5/5
- Safety: 5/5
- Family Friendly: 5/5
- Affordability: 5/5
December 9 2022
While sales eased relative to last years levels, activity still remained stronger than levels achieved prior to the pandemic both for November and year-to-date activity. At the same time new...
Read More- Schools: 5/5
- Transit/Commute: 5/5
- Real Estate Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
September 5 2022
Sales activity in August remained relatively consistent with both last year’s levels and long-term trends for the month. Recent stability in sales has not offset earlier pullbacks and year-to-date...
Read More- Schools: 4/5
- Transit/Commute: 4/5
- Real Estate Market: 4/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
August 16 2022
Medicine Hat is in southern Alberta, along the South Saskatchewan River. The city is about 169 km east of Lethbridge and 295 km southeast of Calgary. Popularly known for its large natural gas...
Read More- Schools: 4/5
- Transit/Commute: 4/5
- Real Estate Market: 4/5
- Safety: 4/5
- Family Friendly: 5/5
- Affordability: 4/5
August 16 2022
Medicine Hat real estate despite relatively stable sales this month, year-to-date sales remain 11 percent lower than levels achieved at this time last year. While sales have eased, so too have new...
Read More- Schools: 5/5
- Transit/Commute: 2/5
- Real Estate Market: 5/5
- Safety: 4/5
- Family Friendly: 5/5
- Affordability: 3/5
May 4 2022
Medicine Hat Real Estate & Housing Market Statistics A pullback in new listings this month ensured that inventories remained relatively low. In April there were 219 units in inventory, a 30...
Read More- Schools: 5/5
- Transit/Commute: 5/5
- Real Estate Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 5/5
April 9 2022
Medicine Hat real estate statistics. Thanks to strong sales in March, first quarter sales were four percent higher than last year nearly 40 percent above long-term trends. While new listings have...
Read More- Schools: 4/5
- Transit/Commute: 3/5
- Real Estate Market: 4/5
- Safety: 3/5
- Family Friendly: 4/5
- Affordability: 3/5
February 25 2022
January sales eased relative to levels reported last year, but remain higher than long-term averages. Slower sales can be related to the supply situation in the city. New listings did improve...
Read More- Schools: 5/5
- Transit/Commute: 3/5
- Real Estate Market: 5/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
January 22 2022
With 1,386 sales in 2021, sales were the best in over 13 years and nearly 30 percent higher than long-term averages for the city. While new listings also improved, it was not enough to prevent...
Read More- Schools: 4/5
- Transit/Commute: 3/5
- Real Estate Market: 4/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
October 23 2021
Easing sales in September were met we a pullback in new listings, preventing any significant change in inventories relative to levels recorded over the past several months. At the same time, the...
Read More- Schools: 4/5
- Transit/Commute: 2/5
- Real Estate Market: 4/5
- Safety: 4/5
- Family Friendly: 3/5
- Affordability: 4/5
September 4 2021
August recorded a boost in new listings relative to both the previous month and last year. However, the additional supply supported stronger sales this month, preventing any significant change in...
Read More- Schools: 5/5
- Transit/Commute: 4/5
- Real Estate Market: 5/5
- Safety: 5/5
- Family Friendly: 5/5
- Affordability: 5/5
August 25 2021
While sales activity did trend down this month, it was not enough to derail the gains that occurred earlier in the year, with year-to-date sales totalling 882 units, the best levels since 2007. The...
Read More- Schools: 5/5
- Transit/Commute: 2/5
- Real Estate Market: 4/5
- Safety: 4/5
- Family Friendly: 4/5
- Affordability: 4/5
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Medicine Hat Community Statistics
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Medicine Hat Real Estate Agents
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