Reid Lake, Saskatchewan, Canada
As of August 12, 2026, the median asking price in Reid Lake is $85,000, across 14 active MLS® listings.
Those listings have been on the market an average of 121 days.
Asking prices work out to about $319 per square foot, based on the 4 listings that report floor area.
Vacant land in Reid Lake are listed at an average of $65,900 across 10 active listings.
Reid Lake is a very small, lake-oriented community in northern Saskatchewan where the neighbourhood fabric is shaped by seasonal cabins, modest year‑round homes, and a strong outdoor lifestyle (fishing, boating, hunting and snowmobile access). Demographics skew toward a mix of local residents tied to resource and service work in the broader region and a meaningful share of part‑time/seasonal owners. Amenities within the neighbourhood are limited and day‑to‑day needs typically require travel to larger nearby service centres; expect a quiet, low‑density setting with recreation and waterfront access as the primary draw rather than walkable retail.
Schools and healthcare are generally accessed in surrounding communities rather than within Reid Lake itself, and public transit is effectively not a factor—vehicle ownership is assumed. The real estate market tends to be thinly traded with wide variation by lakefront vs. non‑lakefront lots, property condition, and winterization; pricing can be volatile year to year due to low sales volume. Investment performance is usually driven more by recreational demand and the short‑term/seasonal rental window than by steady long‑term population growth, making yields potentially attractive on well‑positioned properties but with higher vacancy and liquidity risk.
Reid Lake’s market currently has 15 active listings with a median asking price of $110,000 and an average of $300 per square foot, pointing to relatively accessible pricing with values varying by property. Homes are taking an average of 98 days to sell and only 2 new listings came on in the past 30 days, suggesting a slower-moving, lower-turnover market where buyers can be patient and investors may find opportunities through careful deal selection and longer holding timelines.
The median asking price in Reid Lake is $85,000, across 14 active MLS® listings as of August 12, 2026. The average asking price is $169,493. These are list prices on homes currently for sale, not sale prices.
There are 14 active MLS® listings in Reid Lake as of August 12, 2026.
Homes currently listed in Reid Lake have been on the market an average of 121 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 14 homes currently listed in Reid Lake, 71% vacant land, 29% detached houses.