Question 1

What is the median sold price in Fort McMurray?

Accepted Answer

The median sold price in Fort McMurray is $361,989 based on 2,456 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 Fort McMurray?

Accepted Answer

The average sold price in Fort McMurray is $361,487. Note that the average ($361,487) is lower than the median ($361,989), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Fort McMurray?

Accepted Answer

Home prices in Fort McMurray range from $5,000 to $1,275,000 based on recent sales data. This $1,270,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Fort McMurray selling above or below asking price?

Accepted Answer

On average, homes in Fort McMurray are selling at 96.9% 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 Fort McMurray?

Accepted Answer

Homes in Fort McMurray are selling in an average of 49 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 Fort McMurray?

Accepted Answer

The average price per square foot in Fort McMurray is $254. 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 $508,000.

Question 7

How active is the real estate market in Fort McMurray?

Accepted Answer

The Fort McMurray market has seen 2,456 home sales over the past 2 years, with 603 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

How many new listings are coming to market in Fort McMurray?

Accepted Answer

There have been 109 new listings in Fort McMurray 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 Fort McMurray?

Accepted Answer

The most common property types selling in Fort McMurray are: detached single family (1,491 sold, avg $400,121), lowrise apartment (479 sold, avg $130,647), townhouse (296 sold, avg $220,007). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Fort McMurray?

Accepted Answer

Detached homes in Fort McMurray are selling for an average of $400,121, with 1,491 sales over the past 2 years.

Question 11

How much do condos cost in Fort McMurray?

Accepted Answer

Condos and apartments in Fort McMurray are selling for an average of $130,647, with 479 sales over the past 2 years. Condos typically offer a more affordable entry point into the Fort McMurray market.

Question 12

How much do townhouses cost in Fort McMurray?

Accepted Answer

Townhouses in Fort McMurray are selling for an average of $220,007, with 296 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 Fort McMurray?

Accepted Answer

Home prices in Fort McMurray have increased by 13.8% over the past 2 years. The average sold price moved from $342,501 to $389,843. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 14

Is Fort McMurray a buyer's or seller's market?

Accepted Answer

Based on current data, Fort McMurray is a balanced market. Homes are selling in 49 days on average and at 96.9% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 15

What percentage of homes sell above asking price in Fort McMurray?

Accepted Answer

In Fort McMurray, 8% of homes sold above asking price, while 86% 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 Fort McMurray?

Accepted Answer

The average annual property tax in Fort McMurray is $1,836, with a median of $1,936. 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 Fort McMurray?

Accepted Answer

Homes selling in Fort McMurray range from 439 to 4,599 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 Fort McMurray?

Accepted Answer

Fort McMurray shows moderate price diversity with a standard deviation of $196,453 around the average price of $361,487. This wide range indicates a diverse market with options at many price points.

Question 19

Where can I find recently sold homes in Fort McMurray?

Accepted Answer

You can view a comprehensive list of houses sold in Fort McMurray 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 Fort McMurray.

Fort McMurray Sold House Prices & Market Data

Fort McMurray Sold Data Overview

Recently Sold in Fort McMurray

Fort McMurray Price Trends & Sale Statistics

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2-Year Market Trends: All Property Types

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