River Flats Homes Sold in the Last 30 Days
Access River Flats sold real estate data. View townhouses sold, condos sold, and single-family home prices.
Homes sold (last 30 days)
2
Median sold price
$253,500
Average time to sell
21 days
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View property values in River Flats, see the average home price for 2026, and understand what drives market value in this area. This is the MLS® sold real estate data that smart buyers and sellers use.
River Flats Sold Data Overview
Over the past 2 years, 163 homes have sold in River Flats, Medicine Hat, with a median sold price of $210K. Sale prices have ranged from $40K to $440K. The typical home sells in 18 days, showing a balanced market. Homes are selling at 97.5% of their list price — below asking price on average. Median property taxes in the area run approximately $1,633 annually. The most common property types sold include Detached (121), Row/Townhouse (27), Residential Land (6).
2 Recently Sold Homes in River Flats (Last 30 days • Updated February 24, 2026 at 8:00 PM)
Showing 2 of 2. Sold details require a verified account.
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Sold Data & Market Statistics for River Flats
Understand pricing, negotiation leverage, and market velocity based on recent sales.
$210,000
Avg: $211,539
Range: $40,000 – $440,000
97.5%
Room for negotiation
16 days
$218
163 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
(24 months)Negotiation & Cost Insights
Sold Above Asking
18%
62% sold below
Median Property Tax
$1,633/yr
Avg: $1,929
Home Size Range
420 – 2,352
sq ft
Price Spread
±$76,257
standard deviation
163
Homes sold (last 2 years)
31
Currently for sale
15.5
Months of Inventory (MOI)
6.5%
Absorption Rate (30d)
8
New in February 2026
2 vs 2
Sold count (last 30 vs prior 30): 0.0%
Median price: $253,500 vs $314,950 (-19.5%)
River Flats vs Medicine Hat
River Flats median sold price
$253,500
2 sold in last 30 days
Medicine Hat median sold price
$381,929
79 sold in last 30 days
Neighbourhood Guide: River Flats, Medicine Hat
Neighbourhood Overview
River Flats is the oldest inner-city neighbourhood in Medicine Hat, rich in history and known for its mature, tree-lined streets. Originally established as a residential and commercial hub, the community has seen significant revitalization in recent years. It attracts a mix of young professionals, families, and creatives who appreciate its historic charm, walkability, and strong sense of community. The neighbourhood beautifully balances its industrial past with modern livability, anchored by the South Saskatchewan River.
Location
Centrally situated in the east valley, River Flats lies just southeast of the South Saskatchewan River and northeast of the CPKC marshalling yards. This inner-city location offers residents quick and highly convenient access to downtown Medicine Hat, alongside seamless connections to major transportation routes and city-wide trail networks.
Housing Character
The real estate landscape is defined by its approachable price points, with detached properties acting as the dominant housing type. The streets feature a charming mix of turn-of-the-century heritage homes, cozy mid-century bungalows, and modern residential infills. With an average sold price of $211,539, it remains highly affordable for first-time buyers and those looking for a character home. Listings here see a 97.5% sale-to-list ratio, reflecting a steady, accessible market.
Schools & Education
Families in the area are served by local educational facilities, including Elm Street School which has historically provided elementary education within the neighbourhood's borders. As students grow, they have access to nearby Medicine Hat Middle School and Medicine Hat High School. The community is also supported by various Catholic and private educational options in the surrounding inner-city districts.
Transit & Access
With a highly walkable layout, River Flats allows residents to navigate many of their daily routines on foot or by bicycle. For broader commuting, the area is well-serviced by Medicine Hat Transit, featuring multiple bus stops strategically placed throughout the neighbourhood. Drivers also enjoy brief commute times, typically reaching the downtown core in just minutes.
Shopping & Dining
Recent commercial revival efforts have breathed new life into the community's local business scene, with older properties transforming into quaint cafes, artisan spaces, and community hubs. For a broader shopping and dining experience, the neighbourhood's immediate proximity to downtown Medicine Hat means residents have instant access to premier restaurants, boutique shops, and everyday conveniences.
Parks & Recreation
The community is highly regarded for its abundant outdoor amenities. Riverside Park and Lion's Park are local favourites, offering playgrounds, a splash park, ball diamonds, and mature picnic areas. Sports fans enjoy being home to Athletic Park stadium, while nature lovers benefit from direct access to the city's extensive Heritage Trail System running along the river.
Lifestyle & Community
Life in River Flats perfectly blends laid-back riverfront living with historic urban charm. Residents spend their weekends biking the scenic trails, grabbing coffee at local independent shops, or exploring the adjacent Medalta National Historic Clay District. The neighbourhood's ongoing revitalization continues to foster a creative, active, and tightly knit community vibe.
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Frequently Asked Questions
Website provided by Kelly Grant
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 February 25, 2026 at 8:00 pm (America/Edmonton)
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