Question 1

What is the median sold price in Drumheller?

Accepted Answer

The median sold price in Drumheller is $250,000 based on 285 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 Drumheller?

Accepted Answer

The average sold price in Drumheller is $273,235. Note that the average ($273,235) is higher than the median ($250,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Drumheller?

Accepted Answer

Home prices in Drumheller range from $25,000 to $655,000 based on recent sales data. This $630,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Drumheller selling above or below asking price?

Accepted Answer

On average, homes in Drumheller are selling at 95.8% 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 Drumheller?

Accepted Answer

Homes in Drumheller are selling in an average of 53 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 Drumheller?

Accepted Answer

The average price per square foot in Drumheller is $253. 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 $506,000.

Question 7

How active is the real estate market in Drumheller?

Accepted Answer

The Drumheller market has seen 285 home sales over the past 2 years, with 51 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

How many new listings are coming to market in Drumheller?

Accepted Answer

There have been 7 new listings in Drumheller 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 Drumheller?

Accepted Answer

The most common property types selling in Drumheller are: detached single family (248 sold, avg $291,704), vacant lot (20 sold, avg $67,350), half duplex (14 sold, avg $259,136). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Drumheller?

Accepted Answer

Detached homes in Drumheller are selling for an average of $291,704, with 248 sales over the past 2 years.

Question 11

How much do condos cost in Drumheller?

Accepted Answer

Condos and apartments in Drumheller are selling for an average of $227,500, with 2 sales over the past 2 years. Condos typically offer a more affordable entry point into the Drumheller market.

Question 12

Are home prices rising or falling in Drumheller?

Accepted Answer

Home prices in Drumheller have increased by 106.3% over the past 2 years. The average sold price moved from $153,916 to $317,600. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 13

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

Accepted Answer

Based on current data, Drumheller is a balanced market. Homes are selling in 53 days on average and at 95.8% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 14

What percentage of homes sell above asking price in Drumheller?

Accepted Answer

In Drumheller, 5% of homes sold above asking price, while 83% 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 Drumheller?

Accepted Answer

The average annual property tax in Drumheller is $2,607, with a median of $2,362. 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 Drumheller?

Accepted Answer

Homes selling in Drumheller range from 486 to 2,637 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 Drumheller?

Accepted Answer

Drumheller shows moderate price diversity with a standard deviation of $136,034 around the average price of $273,235. 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 Drumheller?

Accepted Answer

You can view a comprehensive list of houses sold in Drumheller 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 Drumheller.

Drumheller Sold House Prices & Market Data

Drumheller Sold Data Overview

Recently Sold in Drumheller

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2-Year Market Trends: All Property Types

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