Question 1

What is the median sold price in Mundare?

Accepted Answer

The median sold price in Mundare is $255,000 based on 47 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 Mundare?

Accepted Answer

The average sold price in Mundare is $247,086. Note that the average ($247,086) is lower than the median ($255,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Mundare?

Accepted Answer

Home prices in Mundare range from $12,000 to $750,000 based on recent sales data. This $738,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Mundare selling above or below asking price?

Accepted Answer

On average, homes in Mundare are selling at 96.4% 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 Mundare?

Accepted Answer

Homes in Mundare are selling in an average of 94 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 Mundare?

Accepted Answer

The average price per square foot in Mundare is $228. 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 $456,000.

Question 7

How active is the real estate market in Mundare?

Accepted Answer

The Mundare market has seen 47 home sales over the past 2 years, with 32 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How many new listings are coming to market in Mundare?

Accepted Answer

There have been 5 new listings in Mundare during February 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

Are home prices rising or falling in Mundare?

Accepted Answer

Home prices in Mundare have decreased by 47.1% over the past 2 years. The average sold price moved from $255,018 to $135,000. This downward trend may present buying opportunities for purchasers.

Question 10

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

Accepted Answer

Based on current data, Mundare is a buyer's market. Homes are selling in 94 days on average and at 96.4% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Mundare?

Accepted Answer

In Mundare, 4% of homes sold above asking price, while 87% 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 Mundare?

Accepted Answer

Homes selling in Mundare range from 440 to 2,387 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 Mundare?

Accepted Answer

Mundare shows high price diversity with a standard deviation of $177,467 around the average price of $247,086. This wide range indicates a diverse market with options at many price points.

Question 14

Where can I find recently sold homes in Mundare?

Accepted Answer

You can view a comprehensive list of houses sold in Mundare 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 15

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 16

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 Mundare.

Recently Sold Homes in Mundare

Mundare Sold Data Overview

1 Recently Sold Homes in Mundare (Last 30 days • Updated February 24, 2026 at 3:08 PM)

What's Happening in Mundare Real Estate

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2-Year Market Trends: All Property Types

Negotiation & Cost Insights

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