Pigeon Lake, Alberta, Canada
As of August 12, 2026, the median asking price in Pigeon Lake is $289,000, across 39 active MLS® listings.
Those listings have been on the market an average of 95 days.
11 new listings came to market in Pigeon Lake in the last 30 days.
Asking prices work out to about $395 per square foot, based on the 20 listings that report floor area.
Vacant land in Pigeon Lake are listed at an average of $386,136 across 19 active listings.
Detached homes in Pigeon Lake are listed at an average of $663,780 across 15 active listings.
Cabin mornings, lake sunsets, year-round
Pigeon Lake is central Alberta’s classic “weekend-to-forever” shoreline: a patchwork of cottage roads, treed lots, and long views across the water where summer routines still revolve around docks, pontoon boats, and the smell of campfires after a day outside. It’s not a place you stroll from shop to shop—Walk Score sits at 0—so life here is built around the driveway, the boat launch, and a short drive to groceries, golf, or a meal at the lake.
The neighbourhood character is low-density and distinctly lake-country. Older seasonal cabins sit beside thoughtful renovations that have quietly turned summer places into four-season homes, while lakefront lots command a premium for orientation, shoreline quality, and moorage potential. Off the water, country residential parcels and acreages offer privacy and space—room for a shop, RV parking, and the kind of quiet that feels rare within easy reach of Edmonton.
Who lives here is as varied as the housing stock: multi-generation families with long histories at the lake, retirees trading city upkeep for views and simplicity, and working professionals using the lake as a year-round retreat. The market tends to move with seasonality—showings pick up as spring turns to boating weather—while winter buyers often focus on insulation, water/septic systems, and access for year-round use. In every season, the draw is the same: a lived-in, unpretentious lake community where the calendar is marked by long weekends, ice-fishing days, and the steady pull of the shoreline.
Pigeon Lake’s live market shows 98 active listings with a median asking price of $439,500, averaging $390/sqft and about 88 days on market, pointing to a market where pricing and property quality matter and buyers have time to compare options. With 30 new listings in the past 30 days, fresh inventory is still coming on, which can create negotiating leverage for buyers and help investors target well-priced opportunities while staying selective on value relative to days on market.
Walk Score 0 · Bike Score 25
The median asking price in Pigeon Lake is $289,000, across 39 active MLS® listings as of August 12, 2026. The average asking price is $496,030. These are list prices on homes currently for sale, not sale prices.
There are 39 active MLS® listings in Pigeon Lake as of August 12, 2026. 11 of them came to market in the last 30 days.
Homes currently listed in Pigeon Lake have been on the market an average of 95 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 39 homes currently listed in Pigeon Lake, 49% vacant land, 38% detached houses, 3% commercial properties.
Pigeon Lake has a Walk Score of 0 out of 100, which Walk Score classifies as Car-Dependent — almost all errands require a car. Bike Score is 25.