Question 1

What is the median sold price in Rimbey?

Accepted Answer

The median sold price in Rimbey is $280,000 based on 115 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 Rimbey?

Accepted Answer

The average sold price in Rimbey is $289,937. Note that the average ($289,937) is higher than the median ($280,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Rimbey?

Accepted Answer

Home prices in Rimbey range from $37,500 to $1,075,000 based on recent sales data. This $1,037,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Rimbey selling above or below asking price?

Accepted Answer

On average, homes in Rimbey are selling at 96.5% 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 Rimbey?

Accepted Answer

Homes in Rimbey are selling in an average of 207 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Rimbey?

Accepted Answer

The average price per square foot in Rimbey is $246. 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 $492,000.

Question 7

How active is the real estate market in Rimbey?

Accepted Answer

The Rimbey market has seen 115 home sales over the past 2 years, with 27 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

How many new listings are coming to market in Rimbey?

Accepted Answer

There have been 4 new listings in Rimbey 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 Rimbey?

Accepted Answer

The most common property types selling in Rimbey are: detached homes (94 sold, avg $311,477), townhouses (9 sold, avg $265,011), residential land (7 sold, avg $83,914). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Rimbey?

Accepted Answer

Detached homes in Rimbey are selling for an average of $311,477, with 94 sales over the past 2 years. The average price per square foot for detached homes is $248.

Question 11

How much do condos cost in Rimbey?

Accepted Answer

Condos and apartments in Rimbey are selling for an average of $197,250, with 2 sales over the past 2 years. Condos typically offer a more affordable entry point into the Rimbey market.

Question 12

How much do townhouses cost in Rimbey?

Accepted Answer

Townhouses in Rimbey are selling for an average of $265,011, with 9 sales over the past 2 years. Townhouses often provide a middle ground between condo living and detached home ownership.

Question 13

Are home prices rising or falling in Rimbey?

Accepted Answer

Home prices in Rimbey have increased by 109.1% over the past 2 years. The average sold price moved from $187,000 to $391,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 14

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

Accepted Answer

Based on current data, Rimbey is a buyer's market. Homes are selling in 207 days on average and at 96.5% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 15

What percentage of homes sell above asking price in Rimbey?

Accepted Answer

In Rimbey, 10% of homes sold above asking price, while 80% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 16

What are the average property taxes in Rimbey?

Accepted Answer

The average annual property tax in Rimbey is $2,459, with a median of $2,235. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 17

What size homes are selling in Rimbey?

Accepted Answer

Homes selling in Rimbey range from 620 to 3,284 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 18

How much do home prices vary in Rimbey?

Accepted Answer

Rimbey shows moderate price diversity with a standard deviation of $144,852 around the average price of $289,937. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 19

Where can I find recently sold homes in Rimbey?

Accepted Answer

You can view a comprehensive list of houses sold in Rimbey 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 20

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 21

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 Rimbey.

Recently Sold Homes in Rimbey

Rimbey Sold Data Overview

2 Recently Sold Homes in Rimbey (Last 30 days • Updated February 24, 2026 at 1:32 PM)

Understanding the Rimbey Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Recently Sold by Area

Frequently Asked Questions

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