Question 1

What is the median sold price in Cold Lake?

Accepted Answer

The median sold price in Cold Lake is $331,000 based on 697 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 Cold Lake?

Accepted Answer

The average sold price in Cold Lake is $333,807. Note that the average ($333,807) is higher than the median ($331,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Cold Lake?

Accepted Answer

Home prices in Cold Lake range from $20,000 to $1,049,999 based on recent sales data. This $1,029,999 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Cold Lake selling above or below asking price?

Accepted Answer

On average, homes in Cold Lake are selling at 97.4% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Cold Lake?

Accepted Answer

Homes in Cold Lake are selling in an average of 207 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Cold Lake?

Accepted Answer

The average price per square foot in Cold Lake is $252. 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 $504,000.

Question 7

How active is the real estate market in Cold Lake?

Accepted Answer

The Cold Lake market has seen 697 home sales over the past 2 years, with 254 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How many new listings are coming to market in Cold Lake?

Accepted Answer

There have been 27 new listings in Cold Lake during April 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Cold Lake?

Accepted Answer

The most common property types selling in Cold Lake are: detached single family (587 sold, avg $203,317), condo (rae) (77 sold, avg $187,804), land lease community (16 sold, avg $97,813). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Cold Lake?

Accepted Answer

Detached homes in Cold Lake are selling for an average of $203,317, with 587 sales over the past 2 years.

Question 11

How much do condos cost in Cold Lake?

Accepted Answer

Condos and apartments in Cold Lake are selling for an average of $187,804, with 77 sales over the past 2 years. Condos typically offer a more affordable entry point into the Cold Lake market.

Question 12

Are home prices rising or falling in Cold Lake?

Accepted Answer

Home prices in Cold Lake have increased by 7.0% over the past 2 years. The average sold price moved from $328,626 to $351,667. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 13

Is Cold Lake a buyer's or seller's market?

Accepted Answer

Based on current data, Cold Lake is a buyer's market. Homes are selling in 207 days on average and at 97.4% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 14

What percentage of homes sell above asking price in Cold Lake?

Accepted Answer

In Cold Lake, 5% of homes sold above asking price, while 89% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 15

What are the average property taxes in Cold Lake?

Accepted Answer

The average annual property tax in Cold Lake is $2,395, with a median of $2,395. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 16

What size homes are selling in Cold Lake?

Accepted Answer

Homes selling in Cold Lake range from 552 to 3,786 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 17

How much do home prices vary in Cold Lake?

Accepted Answer

Cold Lake shows moderate price diversity with a standard deviation of $147,929 around the average price of $333,807. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 18

Where can I find recently sold homes in Cold Lake?

Accepted Answer

You can view a comprehensive list of houses sold in Cold Lake 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 19

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 20

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 Cold Lake.

Cold Lake Sold House Prices & Market Data

Cold Lake Sold Data Overview

Recently Sold in Cold Lake

Cold Lake Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Explore Cold Lake Areas

Frequently Asked Questions

Sign up to see what homes actually sold for