Mundare

Mundare, Alberta, Canada

Market snapshot

As of August 12, 2026, the median asking price in Mundare is $250,000, across 19 active MLS® listings.

Those listings have been on the market an average of 133 days.

3 new listings came to market in Mundare in the last 30 days.

Asking prices work out to about $289 per square foot, based on the 9 listings that report floor area.

Vacant land in Mundare are listed at an average of $442,160 across 10 active listings.

Detached homes in Mundare are listed at an average of $336,964 across 9 active listings.

About Mundare

Mundare is a compact, small-town neighbourhood centered on Mundare’s traditional main street and surrounding low-density residential blocks. The area has a quiet, family-oriented character with a mix of long-time residents, young families, and trades/commuter households who work in the greater Edmonton region or nearby industrial/agricultural employers. Housing is dominated by detached single-family homes, with a smaller supply of duplexes and townhomes, generally offering larger lots and more space than comparable metro inventory.

Amenities are town-scale and convenient: day-to-day retail and services along 50 Street and the highway corridor, local parks, community facilities, and easy access to Highway 16 for regional commuting. Families are typically served by local K–12 options in/near town (including Public and Catholic programming in the wider catchment) and recreation through community sports and parks; transit is primarily car-based with limited regional options. From an investment perspective, Mundare tends to trade at a discount to Edmonton, supporting reasonable entry pricing and stable rental demand from local workers and commuters, with market trends generally characterized by moderate price growth, relatively low vacancy in well-maintained units, and yields that are fair but not “inner-city” high due to the predominance of single-family rentals.

Market pulse

Mundare’s Mundare neighbourhood currently has 21 active for-sale listings with a median asking price of $195,000 and an average of $266 per square foot, pointing to relatively accessible entry pricing with some variability across properties. Homes are averaging 125 days on market and only 4 new listings came up in the past 30 days, suggesting slower turnover and giving buyers and value-focused investors more time and leverage to negotiate.

Frequently asked questions about Mundare

What is the average home price in Mundare?

The median asking price in Mundare is $250,000, across 19 active MLS® listings as of August 12, 2026. The average asking price is $392,330. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Mundare?

There are 19 active MLS® listings in Mundare as of August 12, 2026. 3 of them came to market in the last 30 days.

How long do homes stay on the market in Mundare?

Homes currently listed in Mundare have been on the market an average of 133 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

What types of homes are for sale in Mundare?

Of the 19 homes currently listed in Mundare, 53% vacant land, 47% detached houses.

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How these figures are calculated