Spirit River

Spirit River, Alberta, Canada

Market snapshot

As of August 12, 2026, the median asking price in Spirit River is $137,450, across 10 active MLS® listings.

Those listings have been on the market an average of 220 days.

Asking prices work out to about $142 per square foot, based on the 9 listings that report floor area.

Detached homes in Spirit River are listed at an average of $132,940 across 5 active listings.

About Spirit River

Spirit River neighbourhood in the Town of Spirit River is a compact, small-town residential area serving a local workforce tied to agriculture and regional energy/service activity in the Peace Country. Housing is primarily low-density with a mix of detached homes, modest infill, and some smaller multifamily rentals, generally offering larger lots and a quieter, family-oriented character. Demographics skew toward households seeking affordability and space, with demand influenced by local employment conditions and broader regional cycles.

Amenities are concentrated along the town’s main commercial corridor and civic facilities (recreation, community services, parks/green space), with day-to-day needs largely met locally and broader shopping/healthcare accessed in larger nearby centres. Families rely on local schools and sports/community programming; transit is limited and most commuting is car-based via regional highways. Real estate trends tend to be steadier and more affordability-driven than major Alberta metros: prices can be relatively flat in soft cycles but can rise quickly when regional employment tightens, while rents are supported by limited purpose-built supply and the preference for single-family rentals.

Market pulse

Spirit River’s Spirit River neighbourhood currently has 10 active listings with a median asking price of $137,450 and an average of $142/sqft, pointing to an attainable price point for buyers. With homes averaging 217 days on market, conditions appear slower-moving, giving buyers and investors more time to evaluate options and negotiate, while sellers may need competitive pricing to attract interest.

Frequently asked questions about Spirit River

What is the average home price in Spirit River?

The median asking price in Spirit River is $137,450, across 10 active MLS® listings as of August 12, 2026. The average asking price is $264,370. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Spirit River?

There are 10 active MLS® listings in Spirit River as of August 12, 2026.

How long do homes stay on the market in Spirit River?

Homes currently listed in Spirit River have been on the market an average of 220 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 Spirit River?

Of the 10 homes currently listed in Spirit River, 50% detached houses, 20% commercial properties, 10% vacant land, 10% townhouses.

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How these figures are calculated