Cold Lake, Alberta
As of September 26, 2026, the median asking price in Cold Lake is $399,000, across 78 active MLS® listings.
Those listings have been on the market an average of 146 days.
7 new listings came to market in Cold Lake in the last 30 days.
Asking prices work out to about $281 per square foot, based on the 55 listings that report floor area.
Detached homes in Cold Lake are listed at an average of $570,961 across 41 active listings.
Vacant land in Cold Lake are listed at an average of $330,088 across 25 active listings.
Condos in Cold Lake are listed at an average of $189,329 across 7 active listings.
Cold Lake is a lakefront neighbourhood in the City of Cold Lake centered on the waterfront, marina, beaches, and the 18 km lakeside pathway system. The area skews toward a mix of long-time local homeowners, seasonal/recreational users, and a meaningful share of military-connected residents tied to 4 Wing CFB Cold Lake and the regional service economy. Housing is primarily low-rise and low-to-medium density: detached homes with some townhomes and smaller rental properties, with demand strongest for well-kept homes close to the water, parks, and downtown services.
Key amenities include Kinosoo Beach, the marina, lakeside parks, restaurants, and easy access to shopping and services along main commercial corridors. School options in the broader Cold Lake area are served by both public and Catholic systems, with neighbourhood access generally considered convenient by car. Transit is limited (typical of a small city), so most commuting is vehicle-based, including to the base. The real estate market tends to be more stable than purely resource-dependent towns due to the military presence, but it remains sensitive to posting cycles and regional employment; price growth is typically modest, while rent-to-price ratios can be attractive for investors, particularly for family-oriented rentals and furnished/shorter-term demand near the lake and base.
Cold Lake’s for-sale market currently has 81 active listings with a median asking price of $398,000, averaging $281/sqft, and listings have been on the market an average of 141 days so far, pointing to a slower pace and giving buyers more time to compare options across the city. With 10 new listings in the past 30 days, inventory is replenishing steadily, and pricing can vary widely between established neighbourhoods with mature single-family homes and newer areas featuring modern builds and townhomes—creating opportunities for value-focused buyers and investors who can be selective and negotiate on longer-standing listings.
AI-written commentary on the active MLS® listing snapshot as of September 23, 2026. Not financial advice.
Walk Score 7 · Bike Score 29
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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