Cold Lake Real Estate

Refine your Cold Lake real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Cold Lake.

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Home Prices in Cold Lake

The asking price of homes for sale in Cold Lake has decreased -18.41% since January last year, while the number of homes for sale has decreased -64.85%. See more Cold Lake Home Prices & Values.

House
Median Asking Price
$310K
149 Houses
Townhouse
Median Asking Price
$300K
9 Townhouses
Condo
Median Asking Price
$210K
17 Condos

Cold Lake MLS® Listings & Real Estate

Zolo has the most detailed, up-to-date set of Cold Lake real estate listings. Discover homes listed on the Cold Lake MLS® system, including nearby cities, property types, and neighbourhoods. Currently, Cold Lake has 162 homes for sale, including 149 houses, 17 condos, and 9 townhouses listed for sale. The average sold price for all home types in Cold Lake is $371K, which is 35% higher than January 2018. See our Cold Lake housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

Cold Lake is home to 4 unique neighbourhoods. With Zolo you'll be able to find the hottest Cold Lake neighbourhoods, the highest-rated schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

Our Cold Lake MLS® Listing data is updated every 15 minutes to provide you the most-up-to-date home listings. Reach out to one of our Cold Lake REALTORS® to get started on landing your dream home today.

Cold Lake City Guide

14K
Population
15.4%
Population Growth
3%
Unemployment

Located in Alberta, the city of Cold Lake has a population of 13,839. The 15.4% population growth for this city is average when compared to other Canadian cities.

There are 4.85% of immigrants in in Cold Lake, 0.77% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 7% of residents reporting it as their mother tongue. The largest cultural community within Cold Lake is Canadian at 37%, followed by English at 29% and Scottish at 25%.

Cold Lake offers good employment opportunities with an unemployment rate that sits near 3%, which is average when compared to other cities. Approximately 55% of residents hold a university degree. Residents can expect good quality of life in Cold Lake based upon an average median family income of $100,999.

According to Statistics Canada 92% of Cold Lake residents drive. About 17% of residents that are already established within the city will move within a year, while 58% will move within five years.

Cold Lake's population is average when it comes to homeownership, with 71% owning a home and 29% renting. The median monthly mortgage cost is estimated to be about $1,628, which is average when compared to renters in other Canadian cities.

In the Canadian real estate context, Cold Lake is a good place to establish a foothold in the real estate market.

Neighbourhoods

Cold Lake is established as the city for admirable neighbourhoods. To guide you to find the most discover community to stay consider each of Cold Lake's 4 neighbourhoods. Better still, spend the weekend investigating open houses in Cold Lake. Ask the Realtor on duty about the community. Their local knowledge will assist in narrowing down the best spot to set up roots in the Canadian real estate market.

Neighbourhood
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1None 14% 57% $399K 17
2Tr-city Estates 0% 17% $371K 5
3Cold Lake North 0% 8% $327K 89
4Cold Lake South 0% 0% $240K 42

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Cold Lake’s demographics, including median age, schools and income, using census information from Statistics Canada.

29%
Rent
71%
Own
$1,208
Monthly Rent (Median)
$1,628
Monthly Mortgage (Median)
3,745
Total Families
$100,999
Family Income (Median)
31
Age (Median)
55%
College Educated

Schools

For those interested in buying Canadian real estate in order to raise a family, take heart: Cold Lake is home to top-rated elementary and secondary schools. To help you narrow down your Cold Lake housing market search, here’s the top five schools in each category. (Learn more in our school guide.)

Elementary Schools

5.1 St. Dominic
4.3 Holy Cross
n/a Art Smith Aviation
n/a Voyageur

Secondary Schools

7.4 Assumption
n/a Cold Lake

Commuters

According to Statistics Canada, residents in Cold Lake use a variety of ways to get around.

92%
Drive
2%
Transit
1%
Bike
5%
Walk
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Copyright 2019 by the REALTORS® Association of Edmonton. All rights reserved. The listing data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton nor Zolo.