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 -12.7% since May last year, while the number of homes for sale has decreased -53.96%. See more Cold Lake Home Prices & Values.

House
Median Asking Price
$332K
73 Houses
Townhouse
Median Asking Price
$295K
13 Townhouses
Condo
Median Asking Price
$195K
9 Condos

Find Real Estate & MLS® Listings in Cold Lake

Zolo has the most detailed, up-to-date set of Cold Lake real estate listings. Right now, Cold Lake has 123 homes for sale, including 73 houses, 9 condos, and 13 townhouses for sale. The average sold price for all home types in Cold Lake is $258K, which is -17% lower than May 2019. See our Cold Lake average house price stats for a more detailed analysis on average home prices, housing inventory, and days on market.

Cold Lake is home to 3 unique neighbourhoods. With Zolo you'll be able to find the fastest selling 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.

MLS® Listing data for Cold Lake is updated every 15 minutes to provide you the most-up-to-date home listings. Reach out to one of our Cold Lake real estate agents 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 3 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
1Tr-city Estates 0% 50% $342K 7
2Cold Lake North 0% 17% $276K 55
3Cold Lake South 0% 0% $254K 34

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

FAQs About Cold Lake Real Estate

According to current Cold Lake MLS© statistics, the average home listing price in Cold Lake, AB is $295,000. Based on Cold Lake housing inventory, the average home is listed on the market for 200 days and has a 95.1% selling to listing price ratio.

Based on current Cold Lake MLS© data, the average detached house in Cold Lake, AB has a listing price of $352,000. In Cold Lake, detached houses are on the market for 200 days on average.

According to current Cold Lake MLS© data, the average condo in Cold Lake, AB has a listing price of $199,000. In Cold Lake, the average price for a 2-bedroom condo is $198,000 and the average price for a 1-bedroom condo is $0.

In Cold Lake, AB, the most expensive neighbourhoods to buy a home include Tr-city Estates, Cold Lake North and Cold Lake South. Tr-city Estates is the most expensive neighbourhood in Cold Lake with an average home price of $315,000.

The cheapest neighbourhoods to buy a home in Cold Lake include Cold Lake South, Cold Lake North and Tr-city Estates. Cold Lake South is the most affordable neighbourhood in Cold Lake with an average home price of $235,000.

The closest cities to Cold Lake, AB include Rural Bonnyville M.d., Bonnyville Town, Elk Point and Glendon. Out of the nearby Cold Lake cities, Rural Bonnyville M.d. has the highest average home price of $310,000 and Glendon has the most affordable average home price of $208,000.

The average townhouse in Cold Lake has an average listing price of $293,000, which represents a 24.7% change in price from last year. There are currently 13 townhouses for sale in Cold Lake, AB.

According to Statistics Canada Census data, the median total household income in Cold Lake is $100,999 per year, which is above the national median income of $67,000 per year.

cold-lake
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association nor Zolo.