Are real estate prices rising or falling locally?

Property values have remained relatively stable, avoiding drastic fluctuations. Buyers are highly selective, so homes with updated features and secondary suites tend to hold strong value. Overall, the regional economy's steady performance in the resource and logistics sectors supports consistent housing demand and resilient pricing.

How long are homes sitting on the market?

Currently, properties take an average of 29 days to finalize a sale. However, move-in-ready houses priced under half a million dollars often sell much faster. Properties positioned on busy streets or those needing significant repairs typically remain active longer as buyers weigh renovation costs.

What types of properties are selling most frequently?

Single-family detached homes are the dominant property type in the region. There is particularly strong demand for properties offering legal basement suites, which appeal to investors seeking rental income. Additionally, homes with heated attached garages are highly sought after due to the harsh winter climate.

How does Grande Prairie compare to neighbouring markets?

Grande Prairie typically offers a more accessible entry point than major provincial capitals like Edmonton or Calgary. Its youthful demographic and robust employment base in energy and forestry create a stable, localized cycle. This means the city's housing market often demonstrates independence from broader national real estate cooling trends.

Recently Sold • Alberta

Just Sold: Grande Prairie Home Prices & Sale History

Access MLS® past sales data for Grande Prairie. Compare sold home prices and find comparable sales for your neighbourhood.

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Homes sold in the last 30 days

143

Typical sale price

$397,000

Average time to sell

27 days

Data last updated: 6 hours ago

Just sold in Grande Prairie: see the newest MLS® sales as they close. Our database updates daily with newly sold homes, giving you access to today's MLS® sold listings before anyone else.

Track homes sold in the last 30 days, view sold history for specific neighbourhoods, and discover the true market value of homes in Grande Prairie. This is the MLS® sold price transparency buyers and sellers deserve.

Grande Prairie Sold Data Overview

Over the past 2 years, 3,062 homes have sold in Grande Prairie, with a median sold price of $375K. Sale prices have ranged from $52K to $3.25M. The typical home sells in 21 days, showing a balanced market. Homes are selling at 99.0% of their list price — very close to asking price. Median property taxes in the area run approximately $3,786 annually. The most common property types sold include Detached Single Family (2233), Half Duplex (266), Lowrise Apartment (262).

Recently Sold in Grande Prairie

143 homes sold in the last 30 days. Showing 6 of 143 • Updated July 14, 2026 at 12:44 AM

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$200K – $300K

2026

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$100K – $200K

2026

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Condo|South Patterson Place

2 beds

1 bath

919 sqft

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$300K – $400K

2026

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House|Patterson Place

4 beds

2 baths

1,093 sqft

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$300K – $400K

2026

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$400K – $500K

2026

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$300K – $400K

2026

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Grande Prairie Market Insights

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

Median Sold Pricen=3,062

$375,146

Avg: $377,841

Range: $52,000 – $3,250,000

Sold % of Askingn=3,062

99.0%

Homes selling near asking

Avg Time to Selln=398(weighted)

29 days

Seller's Market

weighted avg

Avg $/Sqftn=3,062

$298

3,062 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)

$422k$375k$329k

J25

J26

Jul 2024: $346,224+10.0% changeJul 2026: $380,754

Negotiation & Cost Insights

Sold Above Asking

25%

59% sold below

Median Property Tax

$3,786/yr

Avg: $5,775

Price Spread

±$152,712

standard deviation

3,062

Homes sold (last 2 years)

615

Currently for sale

4.3

Months of Inventory (MOI)

23.3%

Absorption Rate (30d)

120

New in July 2026

143 vs 179

Sold count (last 30 vs prior 30): -20.1%

Median price: $397,000 vs $418,900 (-5.2%)

Recently Sold by Area

Browse recently sold homes by neighbourhood.

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Airport G.P.Albinati Industrial Arbour Hills Avondale Avondale South Bear Creek Highlands Brochu Industrial Central Business District Centre West Business Park Cobblestone College Park College Park_GRPR Copperwood Country Club Estates Country Club Estates_GRPR Countryside North Countryside South Crystal Heights Crystal Lake Estates Crystal Landing Crystal Ridge Easthaven Fairway Fieldbrook Gateway Highland Park Hillside Ivy Lake Estates Kensington Lakeland MH - Coachman MH - Country Estates MH - Creekside MH - Meadowview Mission Heights Mountview Mountview Business Park Northgate Northridge O'Brien Lake Patterson Place Pinnacle Ridge Railtown Resources Industrial Park Richmond Industrial Park Riverstone Royal Oaks Signature Falls Smith South Patterson Place Stone Ridge Summerside Summit Swanavon Trader Ridge Urban Rail Business Park Vision West Business Park VLA Montrose Westgate Westpointe Westside Park

See homes for sale in Grande Prairie

615 active MLS® listings · $419,000 median. See what's on the market today.

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Frequently Asked Questions

The typical value can be seen in the median sold price of $375,146. Prices in this northwestern Alberta hub are highly dependent on the property's condition and location. Turnkey single-family homes with modern kitchens and attached garages often command premium valuations compared to properties requiring extensive renovations [1.2].

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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®).

Listing information last updated on July 14, 2026 at 6:00 am (America/Edmonton)

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