Question 1

What is the median sold price in Cold Lake South?

Accepted Answer

The median sold price in Cold Lake South is $284,000 based on 169 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 South?

Accepted Answer

The average sold price in Cold Lake South is $263,074. Note that the average ($263,074) is lower than the median ($284,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Cold Lake South?

Accepted Answer

Home prices in Cold Lake South range from $22,000 to $502,500 based on recent sales data. This $480,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

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

Accepted Answer

On average, homes in Cold Lake South are selling at 96.7% 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 South?

Accepted Answer

Homes in Cold Lake South are selling in an average of 75 days. This indicates a buyer's market with more negotiating power for purchasers. 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 South?

Accepted Answer

The average price per square foot in Cold Lake South is $226. 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 $452,000.

Question 7

How active is the real estate market in Cold Lake South?

Accepted Answer

The Cold Lake South market has seen 169 home sales over the past 2 years, with 69 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 South?

Accepted Answer

There have been 17 new listings in Cold Lake South during May 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 South?

Accepted Answer

The most common property types selling in Cold Lake South are: detached single family (134 sold, avg $298,768), condo (rae) (14 sold, avg $143,585), modular/mobile (11 sold, avg $106,545). 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 South?

Accepted Answer

Detached homes in Cold Lake South are selling for an average of $298,768, with 134 sales over the past 2 years.

Question 11

How much do condos cost in Cold Lake South?

Accepted Answer

Condos and apartments in Cold Lake South are selling for an average of $143,585, with 14 sales over the past 2 years. Condos typically offer a more affordable entry point into the Cold Lake South market.

Question 12

Are home prices rising or falling in Cold Lake South?

Accepted Answer

Home prices in Cold Lake South have decreased by 4.7% over the past 2 years. The average sold price moved from $295,000 to $281,000. The relatively stable prices suggest a balanced market.

Question 13

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

Accepted Answer

Based on current data, Cold Lake South is a buyer's market. Homes are selling in 75 days on average and at 96.7% 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 South?

Accepted Answer

In Cold Lake South, 4% of homes sold above asking price, while 92% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 15

What size homes are selling in Cold Lake South?

Accepted Answer

Homes selling in Cold Lake South range from 552 to 2,373 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 16

How much do home prices vary in Cold Lake South?

Accepted Answer

Cold Lake South shows moderate price diversity with a standard deviation of $117,691 around the average price of $263,074. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 17

How do I find out how much a house sold for in Cold Lake South?

Accepted Answer

Simply search our Cold Lake South sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 18

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Cold Lake South will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 19

Do you show all MLS® sold listings for Cold Lake South?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Cold Lake South. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Houses Sold in Cold Lake South — What Buyers Paid

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