Question 1

What is the median sold price in Buck Lake?

Accepted Answer

The median sold price in Buck Lake is $224,800 based on 15 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 Buck Lake?

Accepted Answer

The average sold price in Buck Lake is $260,853. Note that the average ($260,853) is higher than the median ($224,800), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Buck Lake?

Accepted Answer

Home prices in Buck Lake range from $60,000 to $614,000 based on recent sales data. This $554,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Buck Lake selling above or below asking price?

Accepted Answer

On average, homes in Buck Lake are selling at 95.3% 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 Buck Lake?

Accepted Answer

Homes in Buck Lake are selling in an average of 13 days. This indicates a hot seller's market where homes sell very quickly. Well-priced homes often receive offers within the first week of listing.

Question 6

What is the price per square foot in Buck Lake?

Accepted Answer

The average price per square foot in Buck Lake 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 Buck Lake?

Accepted Answer

The Buck Lake market has seen 15 home sales over the past 2 years, with 14 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Buck Lake?

Accepted Answer

The most common property types selling in Buck Lake are: agriculture / farm (8 sold, avg $341,100), vacant lot (7 sold, avg $169,143). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Buck Lake?

Accepted Answer

Home prices in Buck Lake have decreased by 59.4% over the past 2 years. The average sold price moved from $288,000 to $117,000. This downward trend may present buying opportunities for purchasers.

Question 10

Is Buck Lake a buyer's or seller's market?

Accepted Answer

Based on current data, Buck Lake is a balanced market. Homes are selling in 13 days on average and at 95.3% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 11

What percentage of homes sell above asking price in Buck Lake?

Accepted Answer

In Buck Lake, 0% of homes sold above asking price, while 100% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What size homes are selling in Buck Lake?

Accepted Answer

Homes selling in Buck Lake range from 539 to 2,154 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Buck Lake?

Accepted Answer

Buck Lake shows high price diversity with a standard deviation of $157,616 around the average price of $260,853. This wide range indicates a diverse market with options at many price points.

Question 14

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

Accepted Answer

Simply search our Buck Lake 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 15

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 Buck Lake will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Buck Lake?

Accepted Answer

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

Houses Sold in Buck Lake — What Buyers Paid

Buck Lake Sold Data Overview

Recently Sold in Buck Lake

Buck Lake Market Insights

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Buck Lake compare to Rural Wetaskiwin County?

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