Oakwyn Realty Ltd.

Executive Summary

The Irricana, Alberta real estate market is currently classified as a seller's market. The median asking price is $384K, up 207.0% over the past 30 days.

There are currently 7 active listings. Inventory has increased 600.0% compared to last month.

Currently, listings spend an average of 15 days on market and the average price per square foot is $338.

Detached properties make up the largest share of the Irricana market at 100% of active listings with an average price of $381K.

Sales Activity & Absorption

Volume

7
Active
15
Avg DOM
6
New (30d)
1
New (7d)

Market Signals

0
Price Cuts (30d)
1
New (7d)
0
Price Cuts
1
New (7d)

6 new listings appeared in the past month.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $384K, 20% down, 25yr amortization
$1,785/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a seller's market with strong demand and limited inventory. The Irricana market currently has 7 active listings with a median price of $384K.

  • Prices rising (207% in 30 days)
  • Low price reduction rate (0% of listings)
  • Fast-moving market (15 avg days on market)
  • Average price per square foot is $338

For Buyers

Competition is strong in Irricana. Get pre-approved, work with a local agent, and be prepared to move quickly on properties you like. Consider expanding your search criteria. There were 1 new listings in the past week.

For Sellers

Conditions favor sellers in Irricana. Price confidently based on recent comparables, and consider professional staging to maximize offers. Multiple-offer scenarios are common.

Search Irricana

Browse all 7 active listings.

View All Listings

Resources

Market data is calculated from active and recently sold MLS listings as of March 1, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.