Grouard, Alberta
Grouard had a population of 4,986, a median household income of $76,000, 79% of households owning their home at the 2021 Census of Population.
Grouard is a very small lakeside hamlet on the shores of Lesser Slave Lake (within Big Lakes County) with a quiet, rural character and a tight-knit, older-skewing population base. Housing is predominantly detached single-family homes, cabins/recreational properties, and a limited supply of long-term rental stock, with demand influenced by seasonal activity, fishing/boating tourism, and nearby employment centres (e.g., High Prairie and regional public-sector/agriculture services). The neighbourhood feel is low-density and privacy-oriented, with larger lots and a mix of year-round residents and part-time/seasonal owners.
Amenities are modest and locally oriented (community facilities, marina/lake access, basic services), while full retail, healthcare, and broader services are typically accessed in High Prairie. Schooling options are generally in nearby communities within the regional school divisions, making most households car-dependent; public transit is minimal to non-existent, so commuting is by personal vehicle. Real estate pricing tends to be more affordable than Alberta’s major cities but can be volatile due to thin sales volume and the recreational component; investment performance often hinges on buying well below replacement cost, targeting workforce rentals, or carefully managed seasonal/short-term accommodation where permitted and feasible.
Grouard’s current active listings show asking prices from $59,000 to $325,000, with homes sitting on the market from 2 to 167 days so far, underscoring a market where pricing and property appeal can make a big difference in how quickly a listing gains traction. With limited market data available, buyers and investors should expect variation across the community—ranging from more affordable options to higher-priced homes—so it’s worth comparing each area’s lot size, condition, and proximity to local amenities rather than relying on broad citywide averages.
AI-written commentary on the active MLS® listing snapshot as of September 11, 2026. Not financial advice.
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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