Mayerthorpe, Alberta, Canada
As of August 12, 2026, the median asking price in Mayerthorpe is $159,900, across 35 active MLS® listings.
Those listings have been on the market an average of 116 days.
7 new listings came to market in Mayerthorpe in the last 30 days.
Asking prices work out to about $164 per square foot, based on the 22 listings that report floor area.
Detached homes in Mayerthorpe are listed at an average of $212,986 across 14 active listings.
Vacant land in Mayerthorpe are listed at an average of $31,810 across 10 active listings.
Mayerthorpe is a small, rural town in north-central Alberta (Yellowhead County) with a quiet, family-oriented character and an economy tied to agriculture, forestry, and regional services. Housing is predominantly detached single-family homes on larger lots, with some duplexes and low-rise rentals, and overall density is low. The community skews toward long-term residents and families seeking affordability and space compared with larger centres, with day-to-day amenities concentrated along the town’s main commercial areas (groceries, pharmacies, local restaurants, recreation facilities) and additional services accessed in Whitecourt or Edmonton for specialized needs.
Schools in town generally include elementary and secondary options serving Mayerthorpe and nearby rural areas, supporting stable family demand. Transit is car-dependent: there is no urban transit network, and commuting/errands rely on Highway access (notably the Highway 43 corridor) for regional travel. The local real estate market tends to be more price-stable and cycle-sensitive to resource-sector conditions than big-city markets; recent years have generally seen modest-to-moderate appreciation from a low base, with rental demand driven by local workers, families, and some short-term/seasonal needs. For investors, cash-flow potential is typically better than major Alberta cities due to lower entry prices, but liquidity can be thinner (longer selling times) and tenant demand can fluctuate with employment conditions.
Mayerthorpe currently has 35 active listings with a median asking price of $159,900 (about $170/sqft), and homes are taking an average of 114 days to sell, pointing to a more patient, price-sensitive market. With 7 new listings in the past 30 days adding fresh inventory, buyers and value-focused investors have room to negotiate and time to be selective, while well-priced properties should still stand out.
The median asking price in Mayerthorpe is $159,900, across 35 active MLS® listings as of August 12, 2026. The average asking price is $199,474. These are list prices on homes currently for sale, not sale prices.
There are 35 active MLS® listings in Mayerthorpe as of August 12, 2026. 7 of them came to market in the last 30 days.
Homes currently listed in Mayerthorpe have been on the market an average of 116 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 35 homes currently listed in Mayerthorpe, 40% detached houses, 29% vacant land, 6% commercial properties, 6% duplexes.