Saskatoon, Saskatchewan, Canada
As of August 12, 2026, the median asking price in Saskatoon is $469,900, across 1,020 active MLS® listings.
Those listings have been on the market an average of 48 days.
518 new listings came to market in Saskatoon in the last 30 days.
Asking prices work out to about $351 per square foot, based on the 982 listings that report floor area.
Detached homes in Saskatoon are listed at an average of $613,285 across 589 active listings.
Condos in Saskatoon are listed at an average of $294,927 across 145 active listings.
Townhouses in Saskatoon are listed at an average of $403,195 across 130 active listings.
Commercial properties in Saskatoon are listed at an average of $285,291 across 45 active listings.
Saskatoon (the city) is a mid-sized Prairie market anchored by the University of Saskatchewan, major health and research employers, and a diversified regional economy (education, healthcare, agriculture/agribusiness, light manufacturing, and public sector). Neighbourhood character varies widely—from higher-density, amenity-rich core areas near Broadway/river and downtown to newer suburban communities with larger family homes—so tenant demand is typically split between students/young professionals (close to the university and core) and families (schools, parks, newer housing stock). Key amenities include the Meewasin Valley Trail and riverbank parks, downtown entertainment and services, and strong institutional nodes around the university and hospital.
From an investment lens, Saskatoon generally offers better rent-to-price ratios than Canada’s largest metros, with steady rental demand supported by students, healthcare workers, and interprovincial movers. Transit is centred on Saskatoon Transit routes connecting the core, the university, and major commercial corridors, but car ownership remains common outside central areas—impacting how investors value parking, proximity to employment, and walkability. Recent market trends have been characterized by tightening rental conditions and upward pressure on rents, while home prices have posted moderate gains relative to larger Canadian cities; returns tend to be strongest where purchase prices remain reasonable but demand is durable (well-connected areas near the university, hospitals, and established commercial corridors).
Saskatoon’s Saskatoon neighbourhood is showing active inventory with 1,040 for-sale listings and 517 new listings in the past 30 days, giving buyers more choice and negotiation leverage in many segments. With a median asking price of $474,900 and an average of $353 per square foot, pricing is holding at a solid baseline, while the 49-day average time on market suggests conditions are neither overheated nor deeply discounted. For investors, the combination of steady pricing and a broad selection points to opportunities to be selective and focus on value-by-price-per-square-foot and days-on-market trends when underwriting deals.
Walk Score 71 · Transit Score 42 · Bike Score 69
The median asking price in Saskatoon is $469,900, across 1,020 active MLS® listings as of August 12, 2026. The average asking price is $536,694. These are list prices on homes currently for sale, not sale prices.
There are 1,020 active MLS® listings in Saskatoon as of August 12, 2026. 518 of them came to market in the last 30 days.
Homes currently listed in Saskatoon have been on the market an average of 48 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 1,020 homes currently listed in Saskatoon, 58% detached houses, 14% condos, 13% townhouses, 4% commercial properties.
Saskatoon has a Walk Score of 71 out of 100, which Walk Score classifies as Very Walkable — most errands can be accomplished on foot. Transit Score is 42. Bike Score is 69.