Are housing prices in Cold Lake rising or falling?

Market data indicates that sold prices have remained relatively balanced and consistent rather than experiencing sharp spikes or steep declines. Sustained employment at 4 Wing Cold Lake and ongoing energy sector activity help maintain a stable economic foundation, insulating property values from extreme provincial fluctuations.

How long are residential properties sitting on the market?

Properties listed on the local MLS® are selling at a measured pace. The current 87 days indicates that buyers are taking their time to conduct inspections and secure financing. It is a thoughtful market rather than one driven by aggressive, rapid-fire bidding wars.

What types of homes are selling most in Cold Lake?

Detached single-family homes are the dominant property type moving in the area. Families and professionals frequently look for properties with yard space and proximity to schools, municipal amenities, and the military base. Condominiums and townhouses are available but make up a smaller portion of the overall market.

How close are sold prices to the original asking prices?

Sellers who price their homes accurately based on recent comparable sales are seeing favorable outcomes. The area currently maintains a strong 97.7%, meaning most homes close very near their initial list price. Proper pricing strategy remains key to avoiding extended listing periods.

Recently Sold • Alberta

Cold Lake Sold House Prices & Market Data

See newly sold homes in Cold Lake. Get market value insights, sold history, and today's latest MLS® sales.

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Homes sold in the last 30 days

Typical sale price

$336,500

Average time to sell

87 days

Data last updated: Just now

How much did that house sell for? In Cold Lake, we track every MLS® sale so you know exactly what buyers are paying. From bungalows to duplexes, condos to luxury homes — see sold prices across every property type.

This isn't guesswork. It's real MLS® sold real estate data. Use it to understand property values in Cold Lake, find comps for your neighbourhood, and estimate your own home's value.

Cold Lake Sold Data Overview

Over the past 2 years, 713 homes have sold in Cold Lake, with a median sold price of $343K. Sale prices have ranged from $20K to $1.05M. The typical home sells in 39 days, suggesting buyers have time to negotiate. Homes are selling at 97.7% of their list price — below asking price on average. Median property taxes in the area run approximately $2,395 annually. The most common property types sold include Detached Single Family (606), Condo (RAE) (76), Land Lease Community (22).

Recently Sold in Cold Lake

24 homes sold in the last 30 days. Showing 6 of 24 • Updated August 28, 2026 at 3:00 PM

View all 713 on the map

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$200K – $300K

2026

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House|Cold Lake South

3 beds

1 bath

1,069 sqft

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Under $100K

2026

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House|Cold Lake South

2 beds

1 bath

837 sqft

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$300K – $400K

2026

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House|Cold Lake North

4 beds

2 baths

1,200 sqft

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$100K – $200K

2026

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House|Cold Lake South

5 beds

2 baths

1,255 sqft

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$600K – $700K

2026

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House|Cold Lake North

6 beds

5 baths

2,153 sqft

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$300K – $400K

2026

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Curious what your home is worth in Cold Lake?

These recent sales tell you what buyers are paying. Get a free, data-backed estimate for your specific home in 60 seconds.

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Cold Lake Price Trends & Sale Statistics

See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.

Median Sold Pricen=713

$343,000

Avg: $340,858

Range: $20,000 – $1,049,999

Sold % of Askingn=713

97.7%

Room for negotiation

Avg Time to Selln=102(weighted)

87 days

Buyer's Market

weighted avg

Avg $/Sqftn=713

$260

713 homes sold

Click a property type to view its trends in the chart below:

All Property Types

(click to filter chart)

2-Year Market Trends: All Property Types

(25 months)

$450k$357k$263k

J25

J26

Aug 2024: $450,167-31.8% changeAug 2026: $307,173

Negotiation & Cost Insights

Sold Above Asking

85% sold below

Median Property Tax

$2,395/yr

Avg: $2,395

Home Size Range

432 – 3,186

sq ft

Price Spread

±$154,034

standard deviation

713

Homes sold (last 2 years)

316

Currently for sale

13.2

Months of Inventory (MOI)

7.6%

Absorption Rate (30d)

New in August 2026

24 vs 32

Sold count (last 30 vs prior 30): -25.0%

Median price: $336,500 vs $350,000 (-3.9%)

Explore Cold Lake Areas

Browse recently sold homes by neighbourhood.

View sold on map

Beach Avenue Estates Brady Heights Cold Lake North Cold Lake South Creekside Estates (Cold Lake)Lakeridge Estates Lakewood Estates Lefebvre Heights Nelson Heights Parkview Estates (Cold Lake)Red Fox Estates Tri City Estates Wildwood Trail Court

See homes for sale in Cold Lake

316 active MLS® listings · $323,000 median. See what's on the market today.

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Sell your Cold Lake house fast for cashSkip the listing. Get a REALTOR®-assessed cash offer for your Cold Lake home — no fees, no staging, close on your timeline.Get my cash offer

Frequently Asked Questions

Buyers are primarily finding mid-range properties in the area. The $340,858 reflects a stable environment for single-family detached homes. Pricing is generally more accessible than in major Albertan cities, making Cold Lake attractive for military personnel, families, and professionals working in the surrounding resource sectors.

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

The MLS® System Data is made available from the REALTORS® Association of Edmonton.

Days on hômm and market statistics values are calculated by hômm based on values provided in the REALTORS® Association of Edmonton listing data feed.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

*Sold date and price are as reported on the RAE's MLS® system.

Listing information last updated on August 28, 2026 at 3:00 pm (America/Edmonton)

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