Question 1

What is the median sold price in Drayton Valley?

Accepted Answer

The median sold price in Drayton Valley is $263,500 based on 320 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 Drayton Valley?

Accepted Answer

The average sold price in Drayton Valley is $273,324. Note that the average ($273,324) is higher than the median ($263,500), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Drayton Valley?

Accepted Answer

Home prices in Drayton Valley range from $18,500 to $2,925,000 based on recent sales data. This $2,906,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Drayton Valley selling above or below asking price?

Accepted Answer

On average, homes in Drayton Valley 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 Drayton Valley?

Accepted Answer

Homes in Drayton Valley are selling in an average of 67 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 Drayton Valley?

Accepted Answer

The average price per square foot in Drayton Valley is $219. 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 $438,000.

Question 7

How active is the real estate market in Drayton Valley?

Accepted Answer

The Drayton Valley market has seen 320 home sales over the past 2 years, with 78 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

How many new listings are coming to market in Drayton Valley?

Accepted Answer

There have been 8 new listings in Drayton Valley during February 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Drayton Valley?

Accepted Answer

The most common property types selling in Drayton Valley are: single family (243 sold, avg $302,205), condo (39 sold, avg $210,085), land lease community (21 sold, avg $63,410). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Drayton Valley?

Accepted Answer

Detached homes in Drayton Valley are selling for an average of $1,711,950, with 2 sales over the past 2 years. The average price per square foot for detached homes is $556.

Question 11

How much do condos cost in Drayton Valley?

Accepted Answer

Condos and apartments in Drayton Valley are selling for an average of $210,085, with 39 sales over the past 2 years. Condos typically offer a more affordable entry point into the Drayton Valley market.

Question 12

Are home prices rising or falling in Drayton Valley?

Accepted Answer

Home prices in Drayton Valley have decreased by 62.3% over the past 2 years. The average sold price moved from $611,063 to $230,125. This downward trend may present buying opportunities for purchasers.

Question 13

Is Drayton Valley a buyer's or seller's market?

Accepted Answer

Based on current data, Drayton Valley is a buyer's market. Homes are selling in 67 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 Drayton Valley?

Accepted Answer

In Drayton Valley, 8% of homes sold above asking price, while 81% 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 Drayton Valley?

Accepted Answer

The average annual property tax in Drayton Valley is $5,885, with a median of $5,885. 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 Drayton Valley?

Accepted Answer

Homes selling in Drayton Valley range from 707 to 3,876 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 Drayton Valley?

Accepted Answer

Drayton Valley shows high price diversity with a standard deviation of $199,046 around the average price of $273,324. This wide range indicates a diverse market with options at many price points.

Question 18

Where can I find recently sold homes in Drayton Valley?

Accepted Answer

You can view a comprehensive list of houses sold in Drayton Valley 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 Drayton Valley.

Recently Sold Homes in Drayton Valley

Drayton Valley Sold Data Overview

6 Recently Sold Homes in Drayton Valley (Last 30 days • Updated February 24, 2026 at 1:35 PM)

Understanding the Drayton Valley Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Browse Sold Homes by Neighbourhood

Frequently Asked Questions

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