Real Estate in Fort McMurray, Alberta
Fort McMurray sits in the Regional Municipality of Wood Buffalo in northern Alberta and offers a distinctive mix of relatively affordable housing and incomes tied to the regional energy sector. For buyers and sellers, that combination makes local market knowledge essential, values can move with employment cycles, and the right neighbourhood matters as much as the right house.
A Quick Look at the Market
- Average residential sale price: $485,000, updated August 2026.
- Typical single-family detached range: $450,000-$550,000.
- Typical condo / townhome entry range: $180,000-$320,000.
- Alberta has no provincial sales tax and no land transfer tax, which reduces upfront purchase costs.
Figures are approximate, drawn from local MLS® area statistics, and should be confirmed with current data before relying on them for a decision.
For a deeper look at neighbourhoods, buying and selling steps, financing, and the questions buyers and sellers ask most, visit the Fort McMurray Real Estate Guide.