Medicine Hat
Medicine Hat Housing Market Report
Strong Seller's Market
All types - for the month of March
Buyer's market Seller's market
1
MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.
29
DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.
Total Active Listings*
82 active
New
129(+6.61% YoY)
Relisted
4(+300.00% YoY)
Compared to number of active, same period, in 2024: 170, in 2023: 203, in 2022: 0
Total Sold Listings*
95 sold
Median Sold Price
$375,000
Avg Days on Market
29 days
Median Bidding
-
Compared to number of sold, same period, in 2024: 103, in 2023: 98, in 2022: 2
*Data is for the month of March
Median Sold Price vs Average Days and Average Total Days on Market - Medicine Hat - All types
Sold vs Active vs New vs Relisted - Medicine Hat - All types
Sold Price Distribution - Medicine Hat - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - Medicine Hat - All types
Property type distribution based on data from the last 3 months.
Median Price - Medicine Hat - All types
Just listed - Medicine Hat
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Just sold - Medicine Hat
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Population and Demographics
Overview
Total population 61447
Average household income $109,443
Age (%)
0 to 19
22%
65 and plus
21%
50 to 64
20%
35 to 49
19%
20 to 34
17%
Household composition (%)
Single family
62%
Single person
33%
Multi person
5%
Multi family
0%
Mother tongue (%)
English
93%
Others
5%
German
1%
House tenancy (%)
Owners
71%
Renters
29%
Top 5 Schools in Medicine Hat
Mother Teresa School235 Cameron Road S.E., T1B 2Z2, Medicine Hat, AB
7.2/10
Public•
River Heights Elementary301 - 6 Avenue S.W., T1A 5A8, Medicine Hat, AB
7.1/10
Public•
Vincent Massey School901 Hargrave Way N.W., T1A 6Y8, Medicine Hat, AB
7.1/10
Public•
Medicine Hat High School200 - 7 Street S.W., T1A 4K1, Medicine Hat, AB
6.5/10
Public•
St. Michael's School865 Black Boulevard N.W., T1A 7B5, Medicine Hat, AB
6/10
Public•