Magrath Real Estate

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

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  3. Magrath Real Estate

Home Prices in Magrath

The asking price of homes for sale in Magrath has decreased -21.99% since October last year, while the number of homes for sale has increased 920%. See more Magrath Home Prices & Values.

House
Median Asking Price
$245K
29 Houses
Townhouse
Median Asking Price
$0
0 Townhouses
Condo
Median Asking Price
$0
0 Condos

Find Real Estate & MLS® Listings in Magrath

Zolo has the most detailed, up-to-date set of Magrath real estate listings. At the moment, Magrath has 2 homes for sale, including 29 houses, 0 condos, and 0 townhouses listed for sale. The average sold price for all home types in Magrath is $380K, which is % the same as October 2019. See our Magrath housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

With Zolo you'll be able to find the hottest Magrath neighbourhoods, the best 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 Magrath is updated every 15 minutes to provide you the most-up-to-date home listings. Reach out to one of our Magrath real estate agents to get started on landing your dream home today.

Magrath City Guide

2K
Population
6.5%
Population Growth
11%
Unemployment

Located in Alberta, the city of Magrath has a population of 2,217. The 6.5% population growth for this city is above average when compared to other Canadian cities.

There are 11.34% of immigrants in in Magrath, 7.35% of which are recent immigrants to Canada. Other than English, the most common language spoken is German, with 2% of residents reporting it as their mother tongue. The largest cultural community within Magrath is English at 47%, followed by Scottish at 30% and German at 28%.

Magrath offers good employment opportunities with an unemployment rate that sits near 11%, which is above average when compared to other cities. Approximately 59% of residents hold a university degree. Residents can expect an exceptional quality of life in Magrath based upon an above average median family income of $68,456.

According to Statistics Canada 90% of Magrath residents drive. About 11% of residents that are already established within the city will move within a year, while 43% will move within five years.

Magrath's population is higher than average when it comes to homeownership, with 86% owning a home and 14% renting. The median monthly mortgage cost is estimated to be about $1,012, which is above average when compared to renters in other Canadian cities.

In the Canadian real estate context, Magrath is a good place to set down roots.

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 Magrath’s demographics, including median age, schools and income, using census information from Statistics Canada.

14%
Rent
86%
Own
$873
Monthly Rent (Median)
$1,012
Monthly Mortgage (Median)
590
Total Families
$68,456
Family Income (Median)
34
Age (Median)
59%
College Educated

Schools

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

Elementary Schools

6.4 Magrath

Secondary Schools

7.1 Magrath

Commuters

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

90%
Drive
0%
Transit
0%
Bike
10%
Walk

FAQs About Magrath Real Estate

According to current Magrath MLS© statistics, the average home listing price in Magrath, AB is $314,000. Based on Magrath housing inventory, the average home is listed on the market for 38 days and has a 95.5% selling to listing price ratio.

Based on current Magrath MLS© data, the average detached house in Magrath, AB has a listing price of $330,000. In Magrath, detached houses are on the market for 38 days on average.

In Magrath, AB, the most expensive neighbourhoods to buy a home include None. None is the most expensive neighbourhood in Magrath with an average home price of $251,000.

The cheapest neighbourhoods to buy a home in Magrath include None and None. None is the most affordable neighbourhood in Magrath with an average home price of $251,000.

The closest cities to Magrath, AB include Raymond, Rural Lethbridge County, Lethbridge and Coalhurst. Out of the nearby Magrath cities, Rural Lethbridge County has the highest average home price of $636,000 and Raymond has the most affordable average home price of $312,000.

According to Statistics Canada Census data, the median total household income in Magrath is $68,456 per year, which is slightly above the national median income of $67,000 per year.

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