What is the median home price in Opal?

The median list price for homes in Opal is $299,900. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.

What types of properties are available in Opal?

Properties available in Opal include Detached (1). You can filter by property type using the search options on this page.

How long do homes stay on the market in Opal?

Homes in Opal spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.

How often are listings updated for Opal?

Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.

Are there neighbourhood-level listings for Opal?

Yes. You can browse homes in specific neighbourhoods within Opal using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.

Alberta

Opal Real Estate

1 homes for sale • Median $299,900

1Active Listings

$299,900Median Price

30Avg Days on Market

1Detached

Homes for Sale in Opal

1 properties available

View all

$299,900

4904 51 AV

Opal, Alberta

3bed2bath1,152sqft

Advanced Search in Opal

About Opal Real Estate

Opal, a charming city located in Alberta, Canada, is known for its serene environment and close-knit community. With a history rooted in the early 20th century, Opal has developed from a small agricultural hub into a quaint residential area that appeals to many. The city's character is defined by its picturesque landscapes, friendly residents, and a strong sense of community pride. Unique local features include the iconic Opal Community Hall, which serves as a venue for various local events and gatherings, fostering connections among residents.

The city offers a peaceful lifestyle, making it an ideal choice for families and retirees seeking a quiet retreat. Its location provides easy access to major highways, making commuting to nearby urban centers efficient while still allowing residents to enjoy the tranquility of a small town. Opal’s scenic views and expansive green spaces provide ample opportunities for outdoor activities, enhancing its appeal to nature lovers and those looking for a balanced lifestyle.

Opal is distinctive for its small-town charm and an array of local businesses that contribute to the vibrant community vibe. Residents benefit from a strong sense of belonging, with annual events such as the Opal Harvest Festival celebrating local agriculture and culture. This city is not just about living; it’s about enjoying life in a supportive community where neighbors become friends and everyone feels at home. The combination of a welcoming atmosphere and beautiful surroundings makes Opal a captivating place to settle down.

1 active listings with a median price of $324,999.

Lifestyle & Community

Living in Opal offers a laid-back lifestyle characterized by friendly interactions and a strong community spirit. Residents enjoy a slower pace of life, often participating in local events and gatherings that promote community bonding. The vibe is relaxed, with families and retirees alike finding joy in the simple pleasures of life, such as walking in local parks or attending seasonal festivals. The community hosts a variety of events throughout the year, including farmers' markets and holiday celebrations, which enrich local culture and bring residents together.

Local Amenities

Opal Community Hall
Local grocery store
Public park with walking trails
Community playground
Library
Local diner
Gas station
Fitness center

Points of Interest

Opal Heritage Park
Nearby scenic hiking trails
Local farmers' market
Opal View Lookout
Community art installations
Annual Harvest Festival
Historic sites from the early 1900s
Opal’s unique local shops

Market Overview

The current real estate market in Opal reflects a stable and inviting atmosphere for potential buyers. With only one active listing and a median listing price of $324,999, the market remains accessible for first-time buyers and those seeking affordable housing options. The limited inventory suggests a steady demand, making it a favorable time for buyers to explore opportunities before prices potentially rise. Investors and homebuyers can expect a community-oriented environment that enhances property value over time.

Investment Outlook

Opal presents solid investment opportunities, particularly for those looking to enter the rental market. The affordable median listing price combined with a growing interest in small-town living suggests potential for property appreciation. Development trends indicate increasing interest in residential projects that cater to families and retirees, making it a prime location for investors seeking long-term rental income or resale value.

Ideal For

Opal is ideal for first-time buyers looking for affordable housing, families seeking a safe and nurturing community for their children, and retirees wanting a tranquil environment. Investors might also find opportunities here, given the community's growth and appeal.

Browse by Property Type

Detached Homes(1)Detached Homes Under $500K Detached Homes Under $750K Detached Homes Under $1M

View Opal Market Report →

Nearby Cities

Bon Accord Rural Thorhild County Rural Westlock County Ardrossan

Frequently Asked Questions About Opal

There are currently 1 active residential listings in Opal. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.