South Lake

South Lake, Saskatchewan, Canada

Market snapshot

As of August 12, 2026, the median asking price in South Lake is $187,400, across 12 active MLS® listings.

Those listings have been on the market an average of 89 days.

1 new listing came to market in South Lake in the last 30 days.

Asking prices work out to about $281 per square foot, based on the 8 listings that report floor area.

Detached homes in South Lake are listed at an average of $310,629 across 7 active listings.

About South Lake

South Lake is a suburban residential neighbourhood in South Lake, Saskatchewan, oriented around family living and access to nearby lakefront recreation. Housing is dominated by newer single-detached homes with some townhomes/duplexes, featuring larger lots, attached garages, and a quieter street network of crescents and cul-de-sacs. The resident profile tends to skew toward families and mid-career households, with demand supported by local employment and steady in-province migration patterns typical of smaller Saskatchewan markets.

Daily amenities are primarily car-oriented, with grocery, pharmacies, clinics, and casual dining concentrated in nearby commercial nodes rather than within the neighbourhood core; residents rely on short drives for most errands. Parks, multi-use paths, and access to waterfront/open-space areas are key lifestyle draws, and schools serving the area are typically a mix of public/Catholic options in adjacent catchments with school-bus service common. Transit coverage is limited compared to larger cities, so rental demand is strongest from households seeking space (3–4 bedroom homes) and newcomers wanting a turnkey property. The real estate market trend is generally characterized by moderate price points, relatively stable days-on-market, and yields that are more attractive than major metros, with price growth tied to local job conditions and the supply of newer builds.

Market pulse

South Lake in South Lake, Saskatchewan currently has limited market data available, which suggests low visible inventory and/or very few recent recorded sales to benchmark pricing and days on market. For buyers and investors, this means value and negotiation leverage will depend heavily on property-specific factors and active competition, so be prepared to move quickly on well-priced listings while doing extra diligence on comparable sales in nearby areas.

Frequently asked questions about South Lake

What is the average home price in South Lake?

The median asking price in South Lake is $187,400, across 12 active MLS® listings as of August 12, 2026. The average asking price is $316,833. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in South Lake?

There are 12 active MLS® listings in South Lake as of August 12, 2026. 1 of them came to market in the last 30 days.

How long do homes stay on the market in South Lake?

Homes currently listed in South Lake have been on the market an average of 89 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 South Lake?

Of the 12 homes currently listed in South Lake, 58% detached houses, 33% vacant land.

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How these figures are calculated