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Market overview
Median price by type
As of November 2026, homes for sale in Peace River, Alberta carry a median asking price of about $229,900, across 58 active MLS listings for sale. Asking prices have eased about 36.5% in the past month, giving buyers a little more room than they had earlier in the year. 3 new listings came on this week, and inventory is on the tighter side, so well priced homes tend to attract attention quickly.
At this level Peace River is one of the more attainable markets in Alberta, which makes it popular with first time buyers and investors. On a per square foot basis, homes here run around $157, a useful benchmark when two listings look similar on paper. Because prices are softening, it is worth comparing recent sales before you make an offer.
What is the average home price in Peace River?
As of November 2026, the median asking price for a home in Peace River, Alberta is about $229,900. By property type, houses sit around $295,000 and condos around $189,900.
Is Peace River a buyer's or seller's market right now?
Peace River is currently a balanced market, without a strong tilt toward buyers or sellers.
How many homes are for sale in Peace River?
There are currently 58 active MLS listings for sale in Peace River, Alberta, updated daily on haho.ca.
What are the most popular neighbourhoods in Peace River?
Peace River has a range of established and up and coming neighbourhoods. Use the neighbourhood filters above to compare them by price and inventory.
How long does it take to sell a home in Peace River?
Time to sell in Peace River depends on price and condition. Well priced, move in ready homes tend to sell fastest.