Gem, Alberta, Canada
As of September 4, 2026, the median asking price in Gem is $459,500, across 41 active MLS® listings.
Those listings have been on the market an average of 194 days.
11 new listings came to market in Gem in the last 30 days.
Asking prices work out to about $258 per square foot, based on the 23 listings that report floor area.
Vacant land in Gem are listed at an average of $159,973 across 15 active listings.
Detached homes in Gem are listed at an average of $636,860 across 15 active listings.
Gem is a very small rural hamlet-style community in northern Alberta, characterized by a quiet, agricultural setting and a limited, close-knit population. Housing is typically low-density—detached homes, acreages, and older stock with periodic infill or modular/manufactured homes—so turnover is low and listings can be sporadic. Demographics tend to skew toward long-term residents and households tied to local agriculture, trades, or resource-sector employment in the broader region, with lifestyle and affordability being primary draws rather than walkability or urban amenities.
Local amenities are modest and day-to-day services, larger grocery runs, healthcare, and most retail are generally accessed in nearby regional centres via highway driving. Schooling options are typically served through the surrounding school division with bussing to neighbouring communities, and there is no meaningful public transit—vehicle ownership is assumed. Real estate trends in Gem are usually driven by broader regional employment conditions, interest rates, and migration to affordable rural housing; prices can be stable for long stretches with occasional step-changes when a few comparable sales set new benchmarks. For investors, the opportunity is usually higher gross yield from low entry prices, balanced against thin rental demand, higher vacancy risk, and slower resale liquidity.
Gem’s Gem neighbourhood is showing very light inventory with just 1 active listing, priced at a median $219,500 (about $160 per square foot). The average 399 days on market points to slower buyer turnover and potentially more negotiating room, which can suit patient buyers and value-focused investors but may require careful deal selection and a longer hold period.
The median asking price in Gem is $459,500, across 41 active MLS® listings as of September 4, 2026. The average asking price is $690,251. These are list prices on homes currently for sale, not sale prices.
There are 41 active MLS® listings in Gem as of September 4, 2026. 11 of them came to market in the last 30 days.
Homes currently listed in Gem have been on the market an average of 194 days as of September 4, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 41 homes currently listed in Gem, 37% vacant land, 37% detached houses, 5% commercial properties.
Communities.ca Inc.
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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