Three Hills

Three Hills, Alberta, Canada

Market snapshot

As of August 12, 2026, the median asking price in Three Hills is $350,000, across 15 active MLS® listings.

Those listings have been on the market an average of 134 days.

4 new listings came to market in Three Hills in the last 30 days.

Asking prices work out to about $246 per square foot, based on the 12 listings that report floor area.

Detached homes in Three Hills are listed at an average of $453,974 across 8 active listings.

Prairie Quiet, Campus Energy

About Three Hills

Three Hills sits on Alberta’s open prairie with a small-town cadence—wide skies, tidy blocks, and a downtown that still feels like a true centre of daily life. Streets are laid out in a simple, low-density grid where it’s easy to get your bearings, and most errands pull you back toward the core along 2 Avenue and the surrounding civic and recreation hubs. With a Walk Score around 68, it’s the kind of place where you can walk to coffee, groceries, the arena, and the library—then be back home before the wind changes.

The town’s personality is shaped by long-time local families, agriculture and service work in the region, and the steady presence of Prairie College, which brings students, staff, and visiting families into shops and parks throughout the year. Community life shows up in small but constant ways: minor hockey nights, school events, and a calendar that leans into local traditions rather than big-city flash. Neighbourhoods are calm and residential, with mature trees in older pockets and newer streets that keep the same unhurried pace.

Real estate in Three Hills tends to be practical and value-driven, with a mix of older bungalows and split-levels, modest infill, and newer single-family builds on the edges. Buyers often include first-time homeowners looking for space and quiet, families trading up for a yard and garage, and investors eyeing stable rentals tied to the college and local employment. The market’s rhythm is less about rapid speculation and more about condition, lot size, and proximity to schools, parks, and everyday services—features that keep demand steady in a town built for long stays.

Market pulse

Three Hills currently has 15 active for-sale listings with a median asking price of $350,000, averaging $246/sqft, suggesting pricing is relatively accessible but varies by property type and condition. Homes are taking an average of 131 days on market, pointing to a slower pace that can give buyers and investors more leverage on negotiations and due diligence. With 5 new listings in the past 30 days, fresh supply is coming online, supporting choice and potentially keeping upward price pressure in check.

Getting around

Walk Score 68 · Bike Score 66

Frequently asked questions about Three Hills

What is the average home price in Three Hills?

The median asking price in Three Hills is $350,000, across 15 active MLS® listings as of August 12, 2026. The average asking price is $403,826. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Three Hills?

There are 15 active MLS® listings in Three Hills as of August 12, 2026. 4 of them came to market in the last 30 days.

How long do homes stay on the market in Three Hills?

Homes currently listed in Three Hills have been on the market an average of 134 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 Three Hills?

Of the 15 homes currently listed in Three Hills, 53% detached houses, 20% vacant land, 7% commercial properties.

Is Three Hills walkable?

Three Hills has a Walk Score of 68 out of 100, which Walk Score classifies as Somewhat Walkable — some errands can be accomplished on foot. Bike Score is 66.

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How these figures are calculated