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Slave Lake

Slave Lake Real Estate

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

Market Stats Stats Recently Sold

46 homes for sale in Slave Lake, AB.

Showing results 1 — 34 of 46
  1. Canada
  2. Alberta
  3. Slave Lake Real Estate

Home Prices in Slave Lake

The asking price of homes for sale in Slave Lake has decreased 42.82% since August last year, while the number of homes for sale has increased 100%. See more Slave Lake Home Prices & Values.

House
Median Asking Price
$489K
20 Houses
Townhouse
Median Asking Price
$194K
5 Townhouses
Condo
Median Asking Price
$100K
2 Condos

Find Real Estate & MLS® Listings in Slave Lake

Zolo has the most detailed, up-to-date set of Slave Lake real estate listings. At the moment, Slave Lake has 47 homes for sale, including 20 houses, 2 condos, and 5 townhouses on the market. The average sold price for all home types in Slave Lake is $236K, which is -27% lower than August 2025. See our Slave Lake real estate market stats & trends 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 Slave Lake 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 Slave Lake is added every 15 minutes to provide you the most-up-to-date home listings. Reach out to one of our Slave Lake real estate agents to get started on landing your dream home today.

Slave Lake City Guide

7K
Population
1.2%
Population Growth
6%
Unemployment

Located in Alberta, the city of Slave Lake has a population of 6,782. The 1.2% population growth for this city is - when compared to other Canadian cities.

There are 9.74% of immigrants in in Slave Lake, 1.6% of which are recent immigrants to Canada. Other than English, the most common language spoken is Tagalog (Pilipino, Filipino), with 3% of residents reporting it as their mother tongue. The largest cultural community within Slave Lake is Canadian at 27%, followed by First Nations (North American Indian) at 22% and German at 20%.

Slave Lake offers good employment opportunities with an unemployment rate that sits near 6%, which is - when compared to other cities. Approximately 40% of residents hold a university degree. Residents can expect good quality of life in Slave Lake based upon a - median family income of $91,780.

According to Statistics Canada 87% of Slave Lake residents drive. About 16% of residents that are already established within the city will move within a year, while 55% will move within five years.

Slave Lake's population is average when it comes to homeownership, with 74% owning a home and 26% renting. The median monthly mortgage cost is estimated to be about $1,254, which is - when compared to renters in other Canadian cities.

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

Market Trends

  • Median List Price$284K
  • Median Selling Price$274K
  • Listing-to-Selling Ratio96.15%
  • Price Change (Month)-21.63%
  • Price Change (Year)-24.24%
  • Average Days on Market0
Note: Data based on last 28 days

A rapid glance of MLS® listings show plenty of homes for sale in Slave Lake. That doesn't mean property shopping in this market is a piece of cake. In Canada's real estate marketplace there are fierce spots of activity -- areas where bidding wars and sold-over-asking is the norm. To be successful in your property search talk to a local Realtor®. As a specialist, a local Slave Lake real estate agent can guide you to areas that suit your needs and housing that suits your budget.

Slave Lake properties stay on the market for 0 days, on average and sells for 96.15% of the median list price. Detached houses for sale in Slave Lake make up 74% of listings and sell for a median price of $488,950. Slave Lake condos are 7% of the real estate currently for sale and sell for a median price of $100,450. The remaining 19% are townhouses, which sell for a median price of $194,000.

To compete in Slave Lake's real estate landscape you need to be prepared. Talk to a realtor or mortgage broker to see what you can realistically afford.

At this point in time, Slave Lake's median sale price is $273,500. This number is determined by finding the mid-point price of all properties sold within a specified period of time. If, for example, 30 condos sold last month and only 11 detached homes sold in the same time frame, then the median price would skew downwards to reflect the larger number of lower priced condos. At present, Slave Lake has 20 houses for sale, 5 townhomes for sale and 2 condos for sale.

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

26%
Rent
74%
Own
$1,218
Monthly Rent (Median)
$1,254
Monthly Mortgage (Median)
1,735
Total Families
$91,780
Family Income (Median)
31
Age (Median)
40%
College Educated

Schools

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

Secondary Schools

4.4 Roland Michener

Commuters

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

87%
Drive
0%
Transit
3%
Bike
10%
Walk

FAQs About Slave Lake Real Estate

According to current Slave Lake MLS© statistics, the average home listing price in Slave Lake, AB is $356,000. Based on Slave Lake housing inventory, the average home is listed on the market for 0 days and has a 95.8% selling to listing price ratio.

Based on current Slave Lake MLS© data, the average detached house in Slave Lake, AB has a listing price of $474,000. In Slave Lake, detached houses are on the market for 0 days on average.

According to current Slave Lake MLS© data, the average condo in Slave Lake, AB has a listing price of $100,000. In Slave Lake, the average price for a 2-bedroom condo is $80,000 and the average price for a 1-bedroom condo is $0.

The average townhouse in Slave Lake has an average listing price of $199,000, which represents a % change in price from last year. There are currently 4 townhouses for sale in Slave Lake, AB.

According to Statistics Canada Census data, the median total household income in Slave Lake is $91,780 per year, which is above the national median income of $67,000 per year.

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The listing data is provided under copyright by Pillar 9™. The listing data is deemed reliable but is not guaranteed accurate by Pillar 9™ nor Zolo. The information provided on this page, including the Affordability, Afford Score™, and Affordability Coach, are provided for informational purposes only and should not be used or construed as financial or investment advice by any individual. No representations or warranties, express or implied, are made by Zolo or its affiliates as to the accuracy or completeness of the information on this page.