Executive Summary

The Prince Albert, Saskatchewan real estate market is currently classified as a seller's market. The median asking price is $220K, up 10.0% over the past 30 days.

There are currently 147 active listings. Inventory has increased 40.0% compared to last month.

Currently, listings spend an average of 44 days on market and the average price per square foot is $193.

Detached properties make up the largest share of the Prince Albert market at 87% of active listings with an average price of $531K. Condo listings follow at 13% (avg $223K).

Sales Activity & Absorption

Volume

147
Active
44
Avg DOM
42
New (30d)
9
New (7d)

Market Signals

0
Price Cuts (30d)
9
New (7d)
0
Price Cuts
9
New (7d)

42 new listings appeared in the past month.

Neighborhoods

AreaListingsAvg Price
Midtown6$171K
Avg 3 schools nearbyAvg 4 parks nearbyAvg 1 transit stops nearby

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 $220K, 20% down, 25yr amortization
$1,023/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 Prince Albert market currently has 147 active listings with a median price of $220K.

  • Prices rising (10% in 30 days)
  • Low price reduction rate (0% of listings)
  • Average price per square foot is $193

For Buyers

Competition is strong in Prince Albert. 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 9 new listings in the past week.

For Sellers

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

Search Prince Albert

Browse all 147 active listings.

View All Listings

Market data is calculated from active and recently sold MLS listings as of February 28, 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.