Alhambra

Alhambra, Alberta, Canada

Market snapshot

As of September 4, 2026, the median asking price in Alhambra is $205,000, across 117 active MLS® listings.

Those listings have been on the market an average of 371 days.

17 new listings came to market in Alhambra in the last 30 days.

Asking prices work out to about $511 per square foot, based on the 40 listings that report floor area.

Vacant land in Alhambra are listed at an average of $192,325 across 69 active listings.

Detached homes in Alhambra are listed at an average of $776,057 across 22 active listings.

Homes in Alhambra are listed at an average of $1,954,531 across 13 active listings.

Homes in Alhambra are listed at an average of $592,367 across 9 active listings.

Hamlet calm, highway freedom

About Alhambra

Alhambra is the kind of Alberta place you can miss if you blink—an old hamlet on the Yellowhead (Highway 16) where the landscape does the talking. Wide skies, a ribbon of road toward Edmonton or Jasper, and the nearby Pembina River valley set the tone: practical, outdoors-first, and quietly self-reliant.

Life here is shaped by distance and familiarity. Neighbours tend to know each other, and many households are tied to nearby work in Evansburg, Wildwood, and Drayton Valley—or they’re commuters who value elbow room over amenities. Weekends often revolve around the river, gravel backroads, lake days, and trail time, with everyday errands typically handled in the closest service centres rather than on foot (the walk score reality is real).

Real estate in Alhambra reads more “country living” than “subdivision”—a small mix of older homes, modest acreages, and properties where outbuildings, parking, and space for toys matter as much as square footage. Buyers are usually hunting for affordability, quiet, and access to recreation, while sellers lean on the same story: room to breathe, easy highway connections, and a lifestyle that starts at the edge of the yard.

Market pulse

Alhambra’s current for-sale market is extremely tight with just 2 active listings, and pricing is premium with a median asking price of $1,544,000 and an average of $1006/sqft. Homes are taking about 60 days on market on average, suggesting sellers have leverage but buyers still have room to negotiate depending on property fit and motivation. For investors, the limited inventory points to potential price resilience, though entry costs remain high at today’s asking levels.

Getting around

Walk Score 0 · Bike Score 29

Frequently asked questions about Alhambra

What is the average home price in Alhambra?

The median asking price in Alhambra is $205,000, across 117 active MLS® listings as of September 4, 2026. The average asking price is $584,435. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Alhambra?

There are 117 active MLS® listings in Alhambra as of September 4, 2026. 17 of them came to market in the last 30 days.

How long do homes stay on the market in Alhambra?

Homes currently listed in Alhambra have been on the market an average of 371 days as of September 4, 2026. This measures how long active listings have been available so far, not how long they take to sell.

What types of homes are for sale in Alhambra?

Of the 117 homes currently listed in Alhambra, 59% vacant land, 19% detached houses, 1% commercial properties.

Is Alhambra walkable?

Alhambra has a Walk Score of 0 out of 100, which Walk Score classifies as Car-Dependent — almost all errands require a car. Bike Score is 29.

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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo

Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

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