Avg. Home Price
$380,000
Region
Northeastern Alberta
Fort McMurray is the urban centre of the Regional Municipality of Wood Buffalo, serving the Athabasca oil sands region. The community has rebuilt and grown since the 2016 wildfire, offering modern housing, extensive outdoor recreation, and a resilient community spirit.
Market Trends
Fort McMurray's real estate market has been recovering and stabilizing, with prices remaining below their historical peaks. The market is closely tied to oil sands activity and employment levels. Buyers can find good value, with a range of detached homes and condos available. The community continues to rebuild and diversify its housing stock.
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