Edmonton holds a paradox: Canada’s most affordable major city, yet solid detached homes under $400,000 still require knowing where to look. If you’ve been searching for houses for sale in Edmonton and feeling overwhelmed by inventory, price tiers, and neighborhood acronyms, you’re not alone. This guide breaks down current listings by budget and area, with real numbers and specific neighborhoods to help you focus your search.

4 related posts

Houses for sale in Edmonton: 5,490 (REALTOR.ca) · Zillow home count: 5,421 · Zolo houses: 5,010+ · Key price searches: Under $300k, Under $400k

Quick snapshot

1Confirmed facts
2What’s unclear
  • Exact count of active MLS listings under $400K as of April 2026 (inventory fluctuates daily per AlbertaSell MLS Guide)
  • Specific detached house listings under $400K with recent sale dates (MLS data refreshed nightly per AlbertaSell Property Guide)
  • Detailed price-per-sqft breakdowns by neighborhood under $400K (aggregate data limited per Iconic YEG Market Analyst)
3Timeline signal
4What’s next
  • 2026 market suggests balanced conditions with modest price movements (Edmonton Real Estate Update)
  • Sales-to-new-listings ratio of 56% signals a seller’s market (WOWA.ca Market Indicator)
  • Average 38 days on market for residential properties (WOWA.ca Days-on-Market Tracker)

Edmonton market metrics from March 2026 show the range of prices across property types and the inventory available to buyers searching at different budget levels.

Metric March 2026 Value Source
Median residential sale price $443,500 WOWA.ca
Average home price $470,819 WOWA.ca
Detached home average $590,162 WOWA.ca
Townhouse average price $307,666 WOWA.ca
Apartment average price $212,054 WOWA.ca
Townhouse benchmark $278,200 WOWA.ca
Apartment benchmark $201,100 WOWA.ca
Condo apartments median $200,000 WOWA.ca
Residential transactions 2,133 WOWA.ca
Inventory units 6,214 WOWA.ca

Edmonton Houses for Sale Under $300,000

The entry-level market in Edmonton centers on condos, townhomes, and older starter homes in established neighborhoods. The townhouse benchmark sat at $278,200 in March 2026, making the sub-$300K segment realistic for buyers targeting attached housing or small detached properties requiring some cosmetic work.

Current inventory

Edmonton MLS filters allow $300K and below searches across condos, townhomes, and starter houses. AlbertaSell notes that homes under $400,000 primarily include townhomes, larger condos, and entry-level detached houses depending on the neighborhood — and the $300K segment narrows that further to attached housing and the most affordable detached options.

  • Condo apartments median sold at $200,000 in March 2026 (WOWA.ca Market Data)
  • Apartment benchmark price of $201,100 in March 2026, down 6.4% year-over-year (WOWA.ca Benchmark Tracker)
  • Alberta Avenue and Parkdale consistently show up as high-activity zones for budget buyers (Iconic YEG Market Analyst)

Buyer tips

Buyers in the sub-$300K range should set up MLS filters on aggregator sites and act quickly when listings appear, given the 38-day average market time. Preparation and correct pricing remain critical for closing in this segment.

The upshot

For buyers with a $300,000 ceiling, townhomes and older condos in central Edmonton neighborhoods deliver the most value. A $200K condo benchmark leaves room for association fees, while a $278K townhouse matches or beats rental costs in many areas.

House for Sale Edmonton South

South Edmonton covers a wide arc from established residential areas near Whyte Avenue to newer communities in the south-southeast. The market here skews toward family neighborhoods with a mix of older detached homes and townhouse developments. Zolo.ca lists approximately 5,010 houses across Edmonton overall, with South Edmonton representing a significant portion of inventory in the $300K to $500K range.

Top neighborhoods

Price ranges

South Edmonton neighborhoods with $300K-$400K homes include Maple Ridge, Matt Berry, Mayfield, Mayliewan, and McArthur. Average price per square foot for typical family homes sits around $342 for 3.5-bed, 2.5-bath, 1,376-sqft configurations.

Recent sales

An example listing from Edmonton Homes Web shows 10821 73 Avenue NW with MLS® #E4423672 in the $300K-$400K range. The median townhouse sold price hit $315,702 in March 2026, down 2.1% year-over-year, suggesting modest negotiating room for buyers in the attached-housing segment.

What to watch

Demand remained strong under $400K in 2025, but buyers were selective — meaning condition and correct pricing matter more than location alone. Sellers in South Edmonton have responded to this by pricing competitively, which benefits informed buyers doing their homework.

Edmonton Houses for Sale Under $400,000

The under-$400K segment represents the heart of entry-level buyer activity in Edmonton. With a detached home average of $590,162 in March 2026, most properties at this price point fall into townhome, condo, or older detached categories. The sales-to-new-listings ratio of 56% in March 2026 indicates a seller’s market dynamics even at lower price points.

Expanded budget options

Affordable areas

High-activity communities for homes under $400K include Alberta Avenue, Parkdale, and Eastwood — central Edmonton neighborhoods where older housing stock keeps prices accessible. West Edmonton also offers entry points, including a single-family listing at 12219 ST ALBERT Trail at $299,000.

Market trends

Townhomes and row housing prices dropped approximately 5% year-over-year in February 2026, while apartment-style condos climbed 11% year-over-year. This divergence means buyers targeting attached housing may find better deals in townhomes while condos see rising competition. The 2026 outlook points to balanced conditions with modest price movements either direction.

Bottom line: Townhome buyers gain negotiating leverage as benchmarks decline, while condo seekers face rising competition. Detached-home hunters at this price point must target central neighborhoods like Alberta Avenue and Parkdale to find realistic options.

House for Sale Edmonton North

North Edmonton combines established neighborhoods with newer communities extending toward St. Albert. The area attracts families looking for larger lots and more space per dollar compared to central zones. MLS access through EdmontonHomesWeb.com provides direct entry to north-side listings.

North side highlights

  • Spacious lots typical of newer north-end developments
  • Mix of single-family homes and townhouse complexes
  • Good access to arterial routes and eventual LRT expansion

Family homes

An example north Edmonton listing at 14703 35th St NW in Edmonton (MLS® ID #E4458750) shows a 3-bedroom, 1-bath, 923-sqft property priced at C$334,700 — demonstrating that single-family options exist in the under-$400K range, though often at smaller square footage than buyers might expect.

Commute factors

Buyers considering North Edmonton should factor in current commute times to downtown, as traffic patterns and road construction in growing north corridors can affect daily travel. The average days on market of 38 suggests relatively active turnover, giving buyers reasonable selection without months of waiting.

The trade-off

North Edmonton delivers more square footage per dollar than central neighborhoods, but buyers sacrifice commute time and sometimes newer amenities for that value. The 32% year-over-year inventory increase means more choices — but also more competition for the best-positioned properties.

House for Sale Edmonton Southwest

Southwest Edmonton has transformed into one of the city’s most active growth corridors, with new developments regularly bringing listings online. The area draws buyers seeking newer construction, proximity to schools, and established community amenities.

Southwest gems

  • Allard, Callaghan, and Keswick among newer southwest communities
  • Strong school district access across the southwest zone
  • Mix of single-family, townhouse, and duplex options

New developments

REALTOR.ca lists 5,490 houses for sale in Edmonton overall, with southwest zones contributing significant volume. New construction in areas like Keswick and Allard offers modern layouts but typically prices above the $400K threshold for detached single-family homes — buyers seeking value under $400K in southwest should target townhomes and mature communities with original-owner homes.

School districts

Southwest Edmonton benefits from newer school construction and established Catholic and public options. Families prioritizing school access should factor this premium into their search parameters, though it often means competing in the higher end of their budget range.

“Among Canada’s six largest population centers, Edmonton remains the most affordable.”

— WOWA.ca Housing Market Reporter

“Low inventory and serious buyers create opportunity. Pricing, preparation, and buyer fit mattered far more than broad market conditions.”

— Iconic YEG Real Estate Analyst

Related reading: Apartments for Rent Ottawa · Cottage Rentals Muskoka Lakes

Additional sources

jillwill.ca, albertahomehub.ca

The House for Sale Edmonton guide details Edmonton’s 2024 housing surge with 26% more sales and average prices hitting $410k.

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Frequently Asked Questions

How many houses are currently for sale in Edmonton?

As of early 2026, REALTOR.ca lists approximately 5,490 houses for sale in Edmonton, AB. Zillow shows 5,421 homes, and Zolo.ca lists around 5,010. These inventory counts fluctuate daily as new listings enter and properties close, so checking MLS aggregator sites directly provides the most current snapshot.

What are the best websites for Edmonton MLS listings?

Top MLS aggregator sites for Edmonton include REALTOR.ca (the official CREA portal), Zillow, Zolo.ca, and dedicated local sites like EdmontonHomesWeb.com and edmontonrealestate.pro. REALTOR.ca offers the most comprehensive direct MLS data, while aggregator sites often provide additional filters and neighborhood-level search options.

What price ranges are popular for Edmonton houses?

Searches under $300,000 and under $400,000 represent the most active budget segments for Edmonton houses. The median residential sale price sat at $443,500 in March 2026, meaning the sub-$400K market targets entry-level buyers and those seeking attached housing rather than median-priced detached homes.

Which neighborhoods offer the most affordable houses?

Alberta Avenue, Parkdale, Eastwood, Maple Ridge, Mayliewan, and McArthur consistently appear in the $300K-$400K range for Edmonton listings. West Edmonton also offers entry-level options including single-family listings around $299,000. These central and mature neighborhoods provide the most inventory at accessible price points.

Is Edmonton a buyer’s or seller’s market?

The sales-to-new-listings ratio of 56% in March 2026 indicates seller’s market dynamics, though inventory increased 32% year-over-year to 6,214 units. This suggests competitive conditions but with more selection than the previous year. Townhome prices declining 5% year-over-year and condo prices rising 11% year-over-year show segmentation by property type.

How do I filter for single family homes under $400K?

REALTOR.ca and most aggregator sites allow price-range filtering combined with property-type selection. Set your ceiling at $400,000 and select “House” or “Single Family” as the property type. Note that most detached homes under $400K will be in central neighborhoods on smaller lots or in need of updating — newer or larger homes typically price above this threshold.

What is the average time on market for Edmonton homes?

The average days on market for residential properties in Greater Edmonton was 38 days in March 2026. Properties priced correctly for their market segment tend to move faster, while overpriced listings linger and eventually require reductions.

Buyers who match their priority — location, size, condition, or newness — to the right neighborhood and property type will find the most value in Edmonton’s sub-$400K segment. Prepared buyers who do their homework and move quickly on well-priced listings will benefit most from Edmonton’s position as Canada’s most affordable major city.