Mundare, Alberta
As of September 27, 2026, the median asking price in Mundare is $349,555, across 5 active MLS® listings.
Those listings have been on the market an average of 74 days.
1 new listing came to market in Mundare in the last 30 days.
Asking prices work out to about $298 per square foot, based on the 5 listings that report floor area.
Detached homes in Mundare are listed at an average of $335,866 across 5 active listings.
Mundare is a small, close-knit town east of Edmonton along Highway 16 (Yellowhead), with a neighbourhood fabric that’s largely low-density and owner-occupied, oriented around detached homes, modest lots, and a quiet, family-friendly pace. The local population skews toward families and working residents tied to regional agriculture, trades, and commuting into the greater Edmonton area. Day-to-day amenities are practical rather than urban: local grocery/convenience options, services along the main corridor, community recreation facilities, parks, and a well-known local tourism draw (Ukrainian cultural identity and food).
For schools, Mundare is served by local K–12 options in town and additional choices in nearby communities, making it functional for families but not a major school-district magnet. Transit is primarily car-dependent; there is no rapid transit, and commuting relies on Highway 16 access. The real estate market is typically defined by relatively affordable purchase prices, limited rental inventory, and steadier (but less liquid) resale conditions compared with Edmonton. Investment performance tends to come more from cash flow than rapid appreciation; demand is most resilient for clean, well-maintained detached homes and suites that fit local workforce and family renters.
Mundare’s for-sale market is very small right now with 5 active listings, and current asking prices sit around a $349,555 median (about $298 per square foot), reflecting a mix of modest-town single-family homes and a limited selection of newer or more updated options across the city. With listings averaging 74 days on market so far and just 1 new listing in the past 30 days, choice is tight and buyers may need patience for the right fit, while sellers may need sharp pricing and presentation to stand out in a low-traffic pool.
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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