Medicine Hat Housing Market Statistics

📌 Quick Answer — Medicine Hat Market Snapshot

Medicine Hat is a neighbourhood in Medicine Hat, AB with an average home price of $409,800 and 173 homes for sale. The market is balanced with a slight seller's advantage (98% list-to-sale ratio) and average days on market is 45 days. Popular property types may include detached homes, luxury homes, condos, and townhomes. Schools, parks, and transit are nearby.

Find & compare Medicine Hat housing market statistics on November 6, 2:41pm. 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 information 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 November 6, 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:

CostTypical Range
Property Transfer Tax$200 - $5,000
Home Inspection$400 - $700
Legal Fees$1,000 - $2,500
Property Tax Adjustment0.5-1.5% 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.

The average days on market in Medicine Hat is approximately 45 days in 2026. Well-priced detached homes often sell in 30 days or less, while condos and luxury properties may take 60-90 days. Seasonal factors also influence timing — spring and early fall are typically the busiest periods.

The Medicine Hat market in 2026 is balanced with a slight seller's advantage. The list-to-sale ratio is 98%, meaning most homes sell close to asking price. Inventory levels are healthy, giving buyers choice while sellers still achieve strong pricing.

Property taxes in Medicine Hat, Medicine Hat are calculated based on the assessed value multiplied by the municipal mill rate. For a typical home assessed at $500,000, expect annual property taxes in the range of $3,000-$3,800. Contact the City of Medicine Hat for the current mill rate.

Yes, Medicine Hat has active new construction developments including condos, townhomes, and detached homes. Prices and unit sizes vary widely. Some developments are preselling before construction begins. Completion dates, pricing, and deposit structures are subject to change.

Medicine Hat offers proximity to:

  • Parks and pathways
  • Schools (public, Catholic, French immersion)
  • Shopping centres and grocery stores
  • Restaurants and cafés
  • Recreational facilities and community centres
  • Medical clinics and pharmacies

The community is well-connected to major roads and public transit for easy access to broader Medicine Hat amenities.

You can find verified Medicine Hat REALTORS® through our real estate agent directory, read community reviews, and request a referral to a screened local expert. Our referral network connects buyers and sellers with agents who specialize in the Medicine Hat market.

Medicine Hat Housing Market Trends

Compare Medicine Hat housing market trends today 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 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.



Medicine Hat New Construction Developments


Medicine Hat new 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


Homes for Sale in Medicine Hat
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Community Housing
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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • 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...

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  • Schools: 4/5
  • Transit/Commute: 3/5
  • Real Estate Market: 4/5
  • Safety: 4/5
  • Family Friendly: 4/5
  • Affordability: 4/5

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Medicine Hat Real Estate News

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Medicine Hat Real Estate Agents

Top Medicine Hat real estate agents here to deliver results. Buying or listing your home for sale in Medicine Hat? Find screened Medicine Hat real estate agents reviews , Verified Medicine Hat REALTOR® Referral providing in-depth knowledge of the Medicine Hat housing market. Contact directly .