Houses Sold in Rio Terrace — What Buyers Paid
Find comparable sales in Rio Terrace. Use MLS® past sales data and comps to understand property values.
Homes sold in the last 30 days
1
Typical sale price
$1,050,000
Average time to sell
5 days
Searching for recently sold homes in Rio Terrace? See exactly what buyers paid for properties in this Edmonton neighbourhood. Our MLS® sold listings show final sale prices, not just asking prices.
Browse houses sold in Rio Terrace, track condos sold, and discover how your home compares. Use real comparable sales from your own neighbourhood to understand your home's true market value.
Rio Terrace Sold Data Overview
Over the past 2 years, 39 homes have sold in Rio Terrace, Edmonton, with a median sold price of $650K. Sale prices have ranged from $345K to $2.70M. The typical home sells in 13 days, indicating a fast-paced seller's market. Homes are selling at 99.4% of their list price — very close to asking price. The most common property types sold include Detached Single Family (39).
Recently Sold in Rio Terrace
1 homes sold in the last 30 days. Showing 1 of 1 • Updated April 10, 2026 at 4:31 PM
View all 39 on the mapRio Terrace Market Insights
See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.
$650,000
Avg: $768,516
Range: $345,000 – $2,698,519
99.4%
Homes selling near asking
36 days
$475
39 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
(16 months)Negotiation & Cost Insights
Sold Above Asking
38%
54% sold below
Home Size Range
1,007 – 4,114
sq ft
Price Spread
±$462,311
standard deviation
39
Homes sold (last 2 years)
8
Currently for sale
8.0
Months of Inventory (MOI)
12.5%
Absorption Rate (30d)
0
New in April 2026
1 vs 0
Sold count (last 30 vs prior 30): 0.0%
Median price: $1,050,000 vs $0 (0.0%)
How does Rio Terrace compare to Edmonton?
Rio Terrace typical sale price
$1,050,000
1 sold in last 30 days
Edmonton typical sale price
$420,000
1,315 sold in last 30 days
Neighbourhood Guide: Rio Terrace, Edmonton
Neighbourhood Overview
Rio Terrace is a mature, premium residential neighbourhood in west Edmonton, celebrated for its scenic overlooks of the North Saskatchewan River Valley. Developed primarily in the 1960s, it is a highly sought-after area characterized by tree-lined streets, a high rate of homeownership, and a quiet, family-oriented atmosphere.
Location
Situated in Edmonton's west end, Rio Terrace is bounded by the North Saskatchewan River valley to the south, Whitemud Drive to the north, 156 Street to the west, and 149 Street to the east. The neighbourhood enjoys easy connectivity to the rest of the city via the 156 Street overpass and the 159 Street interchange.
Housing Character
The real estate landscape is composed almost entirely of single-family detached homes on spacious lots, many of which maintain their original 1960s mid-century charm or have been extensively renovated. With a premium market positioning, homes in this neighbourhood command an average sold price of $768,516 and spend an average of 36 days on the market.
Schools & Education
The community is served locally by Rio Terrace Elementary School, operated by the Edmonton Public School Board. For older students, peak-hour transit and nearby roadways provide direct access to highly regarded institutions such as Jasper Place High School and St. Francis Xavier High School.
Transit & Access
While the neighbourhood's quiet cul-de-sacs cater to a car-dependent lifestyle, the Edmonton Transit Service provides regular bus routes connecting residents to major destinations like West Edmonton Mall and the University of Alberta. Drivers benefit from immediate access to Whitemud Drive, making city-wide commutes highly efficient.
Shopping & Dining
To preserve its peaceful residential character, Rio Terrace contains no commercial developments within its borders. However, residents enjoy close proximity to essential retail and dining at the nearby Patricia Heights Shopping Centre, Meadowlark Health and Shopping Centre, and the world-renowned West Edmonton Mall.
Parks & Recreation
Outdoor recreation is a hallmark of the community, anchored by Rio Terrace Park which features expansive green spaces and stunning river valley views. The active Rio Terrace Community League provides exceptional local amenities, including an outdoor skating rink, tennis courts, a playground, and a community hall.
Lifestyle & Community
Life in Rio Terrace is active, tranquil, and deeply connected to nature. The community's immediate access to extensive river valley trails, paired with proximity to attractions like Fort Edmonton Park and the Edmonton Valley Zoo, makes it an ideal enclave for outdoor enthusiasts, professionals, and growing families.
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Frequently Asked Questions
Website provided by Kelly Grant
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
The MLS® System Data is made available from the REALTORS® Association of Edmonton.
Days on hômm and market statistics values are calculated by hômm based on values provided in the REALTORS® Association of Edmonton listing data feed.
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®).
*Sold date and price are as reported on the RAE's MLS® system.
Listing information last updated on April 10, 2026 at 4:00 pm (America/Edmonton)
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