Question 1

What is the median sold price in Bonnyville?

Accepted Answer

The median sold price in Bonnyville is $172,000 based on 5 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Bonnyville?

Accepted Answer

The average sold price in Bonnyville is $233,435. Note that the average ($233,435) is higher than the median ($172,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Bonnyville?

Accepted Answer

Home prices in Bonnyville range from $115,000 to $530,000 based on recent sales data. This $415,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Bonnyville selling above or below asking price?

Accepted Answer

On average, homes in Bonnyville are selling at 99.3% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Bonnyville?

Accepted Answer

Homes in Bonnyville are selling in an average of 59 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Bonnyville?

Accepted Answer

The average price per square foot in Bonnyville is $274. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $548,000.

Question 7

How active is the real estate market in Bonnyville?

Accepted Answer

The Bonnyville market has seen 5 home sales over the past 2 years, with 15 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Bonnyville?

Accepted Answer

The most common property types selling in Bonnyville are: vacant lot (3 sold, avg $155,058), detached single family (2 sold, avg $351,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Bonnyville?

Accepted Answer

Detached homes in Bonnyville are selling for an average of $351,000, with 2 sales over the past 2 years.

Question 10

Are home prices rising or falling in Bonnyville?

Accepted Answer

Home prices in Bonnyville have increased by 360.9% over the past 2 years. The average sold price moved from $115,000 to $530,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 11

Is Bonnyville a buyer's or seller's market?

Accepted Answer

Based on current data, Bonnyville is a balanced market. Homes are selling in 59 days on average and at 99.3% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 12

What percentage of homes sell above asking price in Bonnyville?

Accepted Answer

In Bonnyville, 20% of homes sold above asking price, while 60% sold below asking. A moderate number of homes attract multiple offers.

Question 13

What are the average property taxes in Bonnyville?

Accepted Answer

The average annual property tax in Bonnyville is $1,484, with a median of $881. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 14

What size homes are selling in Bonnyville?

Accepted Answer

Homes selling in Bonnyville range from 966 to 1,434 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 15

How much do home prices vary in Bonnyville?

Accepted Answer

Bonnyville shows high price diversity with a standard deviation of $150,056 around the average price of $233,435. This wide range indicates a diverse market with options at many price points.

Question 16

Where can I find recently sold homes in Bonnyville?

Accepted Answer

You can view a comprehensive list of houses sold in Bonnyville right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 17

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 18

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Bonnyville.

Just Sold: Bonnyville Home Prices & Sale History

Bonnyville Sold Data Overview

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