$438,000
9117 134 Avenue
Peace River, Alberta
5bed3bath1,350sqft
Alberta
Peace River Real Estate
Browse homes for sale in Peace River • Median $199,000
$199,000Median Price
30Avg Days on Market
66Detached15Other12Commercial3Condo2House1Multi- Unit
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About Peace River Real Estate
Peace River is a vibrant city located in the heart of northern Alberta, renowned for its stunning natural landscapes and rich history. Established during the fur trade era, the city has evolved to become a hub for various industries, particularly agriculture, oil, and gas. Its unique topography, characterized by the dramatic Peace River Valley, not only provides breathtaking views but also fosters a strong connection to nature, making it a desirable place for outdoor enthusiasts. The community is deeply rooted in its Indigenous and settler history, and this cultural tapestry is celebrated through various local events and festivals throughout the year.
The city boasts a welcoming atmosphere, punctuated by friendly locals and a strong sense of community. Neighborhoods are diverse, ranging from family-oriented suburbs to charming areas that appeal to young professionals. Unique features like the Peace River Museum, Archives and Mackenzie Centre offer residents and visitors a glimpse into the city’s past, while the wide array of local shops, cafes, and restaurants create a thriving social scene. The city’s commitment to preserving its natural beauty and promoting sustainable practices adds to its appeal, drawing individuals who value both a vibrant community and environmental stewardship.
What sets Peace River apart is its balance between urban conveniences and rural charm. With active community groups and a calendar filled with events such as the Peace River Rodeo and the annual Winter Carnival, residents enjoy a rich lifestyle that fosters connections. The blend of cultural activities and outdoor adventures, including hiking in the nearby Kimiwan Lake area or exploring the scenic riverfront, make it a unique locale that caters to a variety of interests. Peace River is not just a place to live; it’s a community where residents can thrive, be engaged, and enjoy a quality lifestyle surrounded by nature and history.
54 active listings with a median price of $226,500.
Lifestyle & Community
Living in Peace River offers a relaxed yet engaging lifestyle, ideal for those who appreciate a strong community feel. The vibrant local culture is reflected in various seasonal festivals, farmers' markets, and arts events that bring residents together throughout the year. The city encourages an active lifestyle with numerous parks and recreational facilities, including the Peace River Golf Club and the local Sportsplex. Families often gather at community centers and participate in workshops and classes, fostering a spirit of togetherness. Whether it’s enjoying a summer concert in the park or participating in winter sports, Peace River provides an enriching environment for all ages.
Local Amenities
- Peace River Hospital
- Peace Regional Recreation Centre
- Peace River Museum, Archives and Mackenzie Centre
- Peace River Golf Club
- Local Farmers' Market
- Multiple schools (public and private)
- Grocery stores (Walmart, No Frills)
- Restaurants and cafes (e.g., The Good Life Bistro)
- Public library
- Fitness centers
- Parks and playgrounds
- Public transit services
Points of Interest
- Peace River Lookout
- Kimiwan Lake
- Nampa & District Historical Society Museum
- Peace River Heritage Centre
- Old Townsite Historic Area
- The Riverfront Trail
- Peace River Skate Park
- Local Art Galleries
- The Peace River Rodeo Grounds
- Historic churches and architecture
Market Overview
As of the latest data, Peace River's real estate market features 54 active listings with a median listing price of $226,500. This affordability makes it an attractive option for both first-time buyers and those looking to invest in a growing community. The market is characterized by a mix of single-family homes, townhouses, and some multifamily options, providing a diverse selection for potential buyers. Recent trends indicate a steady demand, suggesting that now is a favorable time for buyers looking to enter the market or expand their real estate portfolios.
Investment Outlook
Peace River presents promising investment opportunities due to its consistent demand for housing and the presence of key industries such as agriculture and energy. The rental market is also robust, driven by a steady influx of workers and families relocating for job opportunities. With ongoing developments in infrastructure and community amenities, the area is poised for growth, making it an appealing choice for investors seeking long-term returns. Additionally, as the city promotes sustainable practices, properties in Peace River may appreciate as demand for eco-friendly living spaces increases.
Ideal For
Peace River is ideal for first-time buyers seeking affordability and families desiring a tight-knit community with quality schools and recreational activities. Additionally, retirees looking for a serene lifestyle surrounded by nature will find it appealing. Investors can also benefit from the growing rental market and development opportunities, making Peace River a versatile choice for various buyer profiles.
Nearby Cities
Living in Peace River
Lifestyle
Living in Peace River offers a relaxed yet engaging lifestyle, ideal for those who appreciate a strong community feel. The vibrant local culture is reflected in various seasonal festivals, farmers' markets, and arts events that bring residents together throughout the year. The city encourages an active lifestyle with numerous parks and recreational facilities, including the Peace River Golf Club and the local Sportsplex. Families often gather at community centers and participate in workshops and classes, fostering a spirit of togetherness. Whether it’s enjoying a summer concert in the park or participating in winter sports, Peace River provides an enriching environment for all ages.
Local Amenities
Peace River HospitalPeace Regional Recreation CentrePeace River Museum, Archives and Mackenzie CentrePeace River Golf ClubLocal Farmers' MarketMultiple schools (public and private)Grocery stores (Walmart, No Frills)Restaurants and cafes (e.g., The Good Life Bistro)Public libraryFitness centersParks and playgroundsPublic transit services
Market Insights
As of the latest data, Peace River's real estate market features 54 active listings with a median listing price of $226,500. This affordability makes it an attractive option for both first-time buyers and those looking to invest in a growing community. The market is characterized by a mix of single-family homes, townhouses, and some multifamily options, providing a diverse selection for potential buyers. Recent trends indicate a steady demand, suggesting that now is a favorable time for buyers looking to enter the market or expand their real estate portfolios.
Investment Potential
Peace River presents promising investment opportunities due to its consistent demand for housing and the presence of key industries such as agriculture and energy. The rental market is also robust, driven by a steady influx of workers and families relocating for job opportunities. With ongoing developments in infrastructure and community amenities, the area is poised for growth, making it an appealing choice for investors seeking long-term returns. Additionally, as the city promotes sustainable practices, properties in Peace River may appreciate as demand for eco-friendly living spaces increases.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
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$200K – $400K
17
$400K – $600K
14
$600K – $800K
5
$800K – $1.0M
2
$1.0M – $1.5M
2
$1.5M – $2.0M
2
$3.0M+
1
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Frequently Asked Questions About Peace River
There are currently 82 active residential listings in Peace River. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.