Medicine Hat Real Estate

  • 502 homes for sale in Medicine Hat, AB.

  • $353,489 Avg List
  • Neighbourhoods

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

Showing results 1 — 24 of 502
  1. Canada
  2. Alberta
  3. Medicine Hat Real Estate

Home Prices in Medicine Hat

The asking price of homes for sale in Medicine Hat has decreased -0.63% since October last year, while the number of homes for sale has decreased -14.02%. See more Medicine Hat Home Prices & Values.

House
Median Asking Price
$364K
274 Houses
Townhouse
Median Asking Price
$257K
91 Townhouses
Condo
Median Asking Price
$190K
88 Condos

Find Real Estate & MLS® Listings in Medicine Hat

Zolo has the most thorough, up-to-date set of Medicine Hat real estate listings. At the moment, Medicine Hat has 505 homes for sale, including 278 houses, 87 condos, and 93 townhouses listed for sale.

Medicine Hat is home to 7 unique neighbourhoods. With Zolo you'll be able to find the most popular Medicine Hat neighbourhoods, the top 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 Medicine Hat is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Medicine Hat real estate agents to get started on landing your dream home today.

Medicine Hat City Guide

60K
Population
5.3%
Population Growth
7%
Unemployment

Almost 64,000 people call Medicine Hat, a city along the South Saskatchewan River, home. The city that initially started as a mere railroad town officially became the 6th largest city in Alberta in 2016. Medicine Hat received its name from the English translation of the word Saamis (SA-MUS)—the Blackfoot word for the eagle tail feather headdress worn by medicine men.

Oddly enough, the city first came into being thanks to the cottonwood trees beside the Saskatchewan River that attracted bison herds, which in turn attracted the hunters who recognized it as a good location to settle down. Prior to the arrival of the Europeans, the historic Blackfoot, Cree and Assiniboine nations lived in this area for many years, and excavations have unearthed many artefacts dating back from the time of the First Nations.

When the Europeans arrived, they established a town in the area and named it after the legends passed down by the natives. Once the first few amenities were established, Medicine Hat quickly grew to become a town in 1898, and eventually a city in 1906. Located halfway between Winnipeg and Vancouver, British Columbia, Medicine Hat’s central position is the driving reason why so many have chosen to live here.

Another reason for its rapid development has been the discovery of various natural resources in the area, including gas, coal, clay, and plentiful farmland. Access to cheap sources of energy resulted in the industrialization of the city and the establishment of various industrial factories, which ultimately resulted in a significant number of workforce migrations to the area.

A big plus for Medicine Hat is its pleasant, semi-arid continental climate. Winters are cold and summers are warm and hot, with less precipitation than many of the other cities in Canada.

Neighbourhoods

Regardless of what you’re looking for in your new home in Medicine Hat, there are options to suit every taste.

Many new residents look for open houses in Medicine Hat’s Southland because of the affordable housing and pleasant environment. This area boasts multiple amenities and large commercial centres such as Walmart, Staples, Canadian Tire and The Home Depot, as well as recreational parks and schools, making it a great place for young families to settle.

If you’re a commuter who doesn’t want to live close to the core, consider looking for a home in River Heights or Ross Glen. These areas both have affordable houses for sale and are populated mostly by middle-class young families due to the proximity of elementary schools, malls, and commercial centres. Although there are some expensive properties, houses for sale in this area can be found for as low as $230,000.

Other affordable areas with useful amenities include Cottonwood, South East Hill, Riverside and Southridge. In these areas, you can find plentiful amenities within walking distance and a number of schools nearby. The house prices can vary depending on what you’re looking for, but generally, aren’t higher than the rest of the properties for sale in Medicine Hat (around $250,000).

For more options, talk to your local Medicine Hat Realtor®. If you want to narrow down your list of must-see open houses in Medicine Hat, you can check out a few of the MLS websites or other local websites that rank the city’s neighbourhoods based on the number of listings, selling prices and how long homes stay on the market.

Neighbourhood
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Ross Glen 17% 6% $324K 18
2Riverside 13% 13% $267K 20
3Connaught 13% 13% $284K 18
4Northeast Crescent Heights 11% 3% $243K 53
5Southland 5% 0% $302K 38

Nearby Cities

Many buyers opt to purchase in a nearby city and commute to work. These buyers want larger homes and lots, but with good commuter access to Medicine Hat’s downtown core. Potential options include Redcliff, Dunmore, and Sevenpersons. Look for neighbourhoods that are closer to the highway or commuter train stations. Even cities that require a bit of a longer commute, such as Suffield, Ralston, and Walsh, are good options, as they will likely offer more affordable detached homes.

City
(Top 5)
Active listings
1Redcliff 36
2Medicine Hat 509

Demographics

Before moving to Medicine Hat (or anywhere else), it’s always useful to spend a little time to research the community. Information provided by Census Canada is a reliable source for learning about the city’s demographics including age, income brackets, employment, schools, and other useful information that will help you determine whether the city is the right place for you and your family to settle down.

26%
Rent
74%
Own
$784
Monthly Rent (Median)
$885
Monthly Mortgage (Median)
16,670
Total Families
$62,375
Family Income (Median)
40
Age (Median)
48%
College Educated

Schools

Elementary Schools

6.2 Ross Glen
6.0 Crestwood
5.9 Vincent Massey
5.7 Connaught
4.7 George Davison

Secondary Schools

6.6 McCoy
6.2 Medicine Hat
6.1 Crescent Heights

Commuters

To get around, you will probably need to rely on a car. While Medicine Hat has an amazing walking trails system as well as a public transit system, most residents have a car they can use for running errands and commuting to work.

93%
Drive
2%
Transit
1%
Bike
4%
Walk

Local Scoop

Medicine Hat has over 62 miles of walking trails, most of which connect the numerous parks throughout the city, offering an ideal opportunity to explore the area by foot and enjoy the outdoors. Many of the parks are located beside the South Saskatchewan River, which is why you will find hundreds of families during warm days sitting on the waterfront, enjoying the sun, picnicking or just having a nice stroll through town.

To spend some energy and enjoy a variety of sports activities with your family, you can head over to The Medicine Hat Family Leisure Centre, the largest indoor multi-purpose sports facility in the city. Here, you can find an Olympic-sized ice rink, a pool, waterslide, diving platforms, a kiddies’ pool, a soccer field and a fitness centre.

Medicine Hat has plenty to offer for introverts, too. If you want to spend a pleasant afternoon reading books in a quiet environment, the Medicine Hat Public Library is the place to be.

A few historical structures can be found throughout the town, one of which is the world’s tallest teepee—the Saamis Teepee. It’s a modern art structure with historical illustrations of the Plains Tribes inside of it that tell a story of ancient times. The structure was a big draw in the 1988 Calgary Olympics before being bought by a businessman and brought to Medicine Hat as a tourist attraction.

FAQs About Medicine Hat Real Estate

According to current Medicine Hat MLS© statistics, the average home listing price in Medicine Hat, AB is $355,000. Based on Medicine Hat housing inventory, the average home is listed on the market for 72 days and has a 96.4% selling to listing price ratio.

Based on current Medicine Hat MLS© data, the average detached house in Medicine Hat, AB has a listing price of $399,000. In Medicine Hat, detached houses are on the market for 68 days on average.

According to current Medicine Hat MLS© data, the average condo in Medicine Hat, AB has a listing price of $215,000. In Medicine Hat, the average price for a 2-bedroom condo is $225,000 and the average price for a 1-bedroom condo is $162,000.

In Medicine Hat, AB, the most expensive neighbourhoods to buy a home include Southridge, Ross Glen, Connaught and Riverside. Southridge is the most expensive neighbourhood in Medicine Hat with an average home price of $0.

The cheapest neighbourhoods to buy a home in Medicine Hat include Riverside, Connaught, Ross Glen and Southridge. Riverside is the most affordable neighbourhood in Medicine Hat with an average home price of $312,000.

The closest cities to Medicine Hat, AB include Desert Blume, Redcliff, Dunmore and Suffield. Out of the nearby Medicine Hat cities, Desert Blume has the highest average home price of $795,000 and Suffield has the most affordable average home price of $130,000.

The average townhouse in Medicine Hat has an average listing price of $282,000, which represents a -4.7% change in price from last year. There are currently 96 townhouses for sale in Medicine Hat, AB.

According to Statistics Canada Census data, the median total household income in Medicine Hat is $62,375 per year, which is below the national median income of $67,000 per year.

In Medicine Hat, AB, fewer people rent their homes than own at 25.6% rent versus 74.4% own. The median monthly rent price is $18,400 per month versus the median monthly mortgage of $500 per month.

medicine-hat
The listing data is provided under copyright by the Calgary Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Calgary Real Estate Board nor Zolo.