Mayerthorpe, Alberta
As of September 27, 2026, the median asking price in Mayerthorpe is $189,000, across 13 active MLS® listings.
Those listings have been on the market an average of 95 days.
Asking prices work out to about $167 per square foot, based on the 13 listings that report floor area.
Detached homes in Mayerthorpe are listed at an average of $210,833 across 9 active listings.
Mayerthorpe is a small, rural Alberta community serving as a local hub for surrounding farms, forestry, and trades. The neighbourhood is characterized by low-density detached homes on larger lots, a modest downtown core with essential services, and a quieter lifestyle that tends to attract families, long-time residents, and workforce households tied to regional resource and service employment. Demographics skew practical and community-oriented, with generally stable tenancy demand coming from local employers and households seeking affordability relative to larger centres.
Key amenities include local shopping and services along the main corridors, parks and recreation facilities, and community events typical of small towns. Schools are served locally (elementary to high school within town), supporting family renters and entry-level buyers. Transit is primarily car-dependent with highway access for commuting to nearby employment nodes; limited public transit means rental demand is strongest for properties with parking and easy access to main routes. Real estate trends tend to be more cyclical than big cities—prices are usually steadier with occasional spurts tied to regional economic conditions—while rent-to-price ratios can be attractive, making the area more yield-focused than appreciation-focused for investors.
Mayerthorpe’s current for-sale market is small but varied, with 13 active listings ranging from compact in-town homes to larger properties on the edges and nearby acreages, reflected in a median asking price of $189,000 and an average of $167 per square foot. With listings averaging 95 days on market so far, conditions suggest buyers and investors may have time to compare options across different parts of the city and negotiate on price or terms, while well-priced, move-in-ready homes tend to stand out in this limited inventory.
AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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