$285,000
124 Wallace Place
Fort McMurray, Alberta
3bed2bath1,343sqft
Alberta
Fort Mcmurray Real Estate
Browse homes for sale in Fort Mcmurray • Median $395,000
$395,000Median Price
30Avg Days on Market
229Detached69Condo43Commercial12Other7Land1House
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About Fort Mcmurray Real Estate
Fort McMurray, known as the gateway to the oil sands, has a rich history that dates back to its establishment as a Hudson's Bay Company trading post in 1870. The city's character is shaped by its unique blend of natural beauty and industrial significance. Nestled amidst lush forests and vast river valleys, Fort McMurray is surrounded by the stunning boreal landscape, which offers residents a remarkable connection to nature. The city has evolved significantly over the decades, transforming from a small outpost into a thriving urban center that supports a diverse population driven by the energy sector. The local economy is bolstered by the oil sands industry, attracting professionals and skilled tradespeople from across the country.
What makes Fort McMurray truly unique is its strong community spirit and resilience. The city has faced challenges, including the devastating wildfire in 2016, but its residents have banded together to rebuild and restore their community. This perseverance is reflected in the vibrant atmosphere, with numerous community events, festivals, and gatherings that celebrate local culture. Fort McMurray is home to a mix of modern amenities and historical sites, such as the Fort McMurray Heritage Park, which showcases the area’s past, and the vibrant downtown district, which offers shopping, dining, and entertainment options. The city's diverse neighborhoods cater to various lifestyles, making it an attractive place for families, young professionals, and retirees alike.
Additionally, Fort McMurray's proximity to natural attractions, such as Gregoire Lake Provincial Park and the Athabasca River, enriches the living experience, providing ample opportunities for outdoor activities like hiking, fishing, and camping. The mix of urban convenience and outdoor adventure sets Fort McMurray apart, making it a desirable location for those seeking a balanced lifestyle. Buyers will appreciate the city's ongoing growth and the potential for community engagement through local initiatives and organizations that foster connectivity among residents.
273 active listings with a median price of $390,000.
Lifestyle & Community
Living in Fort McMurray offers a unique lifestyle that combines urban convenience with a strong sense of community. The city is known for its friendly residents and welcoming atmosphere, making it easy for newcomers to feel at home. The community vibe is heightened by local events such as the Fort McMurray Winter Playtime Festival and the Wood Buffalo Regional Games, which celebrate both culture and sports. The city also hosts various farmers' markets and art showcases, providing residents with opportunities to engage with local artisans and support small businesses. With abundant outdoor recreational opportunities, including skiing in the winter and hiking in the summer, residents enjoy an active lifestyle surrounded by breathtaking natural beauty.
Local Amenities
- Fort McMurray International Airport
- Keyano College
- Northern Lights Health Centre
- MacDonald Island Park
- Fort McMurray Public Library
- Suncor Community Leisure Centre
- Local shopping centers like Peter Pond Mall
- Various dining options from local favorites to international cuisine
- Parks and recreational facilities
- Community services and support organizations
- Schools within the Fort McMurray Public and Catholic School Divisions
- Public transportation services
Points of Interest
- Fort McMurray Heritage Park
- Gregoire Lake Provincial Park
- Oil Sands Discovery Centre
- The Syncrude Athletic Park
- The Fort McMurray Golf Club
- Local art galleries such as the MacDonald Island Art Gallery
- The Keyano Theatre & Arts Centre
- Athabasca River for recreational activities
- Fort McMurray's waterfront area
- The Wood Buffalo National Park nearby
Market Overview
As of now, Fort McMurray has 273 active listings with a median listing price of $390,000. The market remains competitive, with a steady influx of buyers drawn by the area's job opportunities and the ongoing developments in the oil sands sector. Buyers can expect a range of properties, from single-family homes to condos, catering to various budgets. While the market has seen fluctuations in recent years, current conditions suggest a stable environment for both first-time buyers and those looking to upgrade.
Investment Outlook
Fort McMurray presents promising investment opportunities, particularly in the rental market. The demand for rental properties remains strong due to the influx of workers in the energy sector and ongoing development projects. The city’s infrastructure developments and community initiatives further enhance its appeal to investors. As the economy stabilizes, potential buyers and investors can anticipate growth in property values, making Fort McMurray a strategic place for long-term investment.
Ideal For
Fort McMurray is ideal for first-time homebuyers seeking affordability and a supportive community, as well as families looking for spacious homes and excellent local amenities. Investors will find opportunities in the rental market, while retirees can enjoy a tranquil lifestyle with access to nature and community activities.
Nearby Cities
Living in Fort Mcmurray
Lifestyle
Living in Fort McMurray offers a unique lifestyle that combines urban convenience with a strong sense of community. The city is known for its friendly residents and welcoming atmosphere, making it easy for newcomers to feel at home. The community vibe is heightened by local events such as the Fort McMurray Winter Playtime Festival and the Wood Buffalo Regional Games, which celebrate both culture and sports. The city also hosts various farmers' markets and art showcases, providing residents with opportunities to engage with local artisans and support small businesses. With abundant outdoor recreational opportunities, including skiing in the winter and hiking in the summer, residents enjoy an active lifestyle surrounded by breathtaking natural beauty.
Local Amenities
Fort McMurray International AirportKeyano CollegeNorthern Lights Health CentreMacDonald Island ParkFort McMurray Public LibrarySuncor Community Leisure CentreLocal shopping centers like Peter Pond MallVarious dining options from local favorites to international cuisineParks and recreational facilitiesCommunity services and support organizationsSchools within the Fort McMurray Public and Catholic School DivisionsPublic transportation services
Market Insights
As of now, Fort McMurray has 273 active listings with a median listing price of $390,000. The market remains competitive, with a steady influx of buyers drawn by the area's job opportunities and the ongoing developments in the oil sands sector. Buyers can expect a range of properties, from single-family homes to condos, catering to various budgets. While the market has seen fluctuations in recent years, current conditions suggest a stable environment for both first-time buyers and those looking to upgrade.
Investment Potential
Fort McMurray presents promising investment opportunities, particularly in the rental market. The demand for rental properties remains strong due to the influx of workers in the energy sector and ongoing development projects. The city’s infrastructure developments and community initiatives further enhance its appeal to investors. As the economy stabilizes, potential buyers and investors can anticipate growth in property values, making Fort McMurray a strategic place for long-term investment.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
68
$200K – $400K
101
$400K – $600K
89
$600K – $800K
41
$800K – $1.0M
15
$1.0M – $1.5M
8
$1.5M – $2.0M
3
$2.0M – $3.0M
4
$3.0M+
9
Explore More in Fort Mcmurray
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Frequently Asked Questions About Fort Mcmurray
There are currently 313 active residential listings in Fort Mcmurray. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.