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By Cam Lee

Real estate update

Active housing market in 2025 in Melfort

Jan 14, 2026 | 11:54 AM

The Melfort real estate market continued to grow in 2025.

Both the number of houses sold, and the price climbed last year in comparison to the previous year.

Joline Ozeroff of Royal LePage Hodgins Realty told northeastNOW the numbers got stronger, and the days-on-market dropped last year.

“In 2025, we had a total of 89 residential home sales. That does include condominiums,” Ozeroff explained. “The average days-on-market was 34 days.”

There were 76 residential home sales in 2024, with an average days-on-market of 68 days.

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Prices were also slightly higher in 2025 compared to 2024. Ozeroff said the average sale price was $227,000, while it inched higher to $230,000 last year.

The increase in prices was caused by several factors, according to Ozeroff.

“High demand, low supply, there [are] always going to be buyers out there,” Ozeroff said. “Improved interest rates – that always helps, and high rent actually pushes more people to get into the buyer’s market, which is good to see.”

While the cost of living continues to climb, Ozeroff said it’s still reasonable compared to other parts of the country. That has led to an increased interest in properties in communities like Melfort.

“We see a lot of relocations from Alberta [and] Ontario, which pushes that growth here in Saskatchewan.”

Ozeroff broke down the number of residential sales in Melfort by price range. Most home sales in Melfort in 2025 were in the $200,000 to $300,000 price range, at 35.

“That’s showing where a lot of our buyers are, so that entry-level or move-in ready home all fits into that category,” Ozeroff explained.

There were 22 sales in both the $100,000 to $200,000 and the $300,000 + categories.

Ozeroff said 2025 was a strong year, but realtors would have preferred more properties on the market. Housing inventory has been a significant issue for several years, with more buyers looking for homes than there are homes for sale.

“I do personally hope to see more properties come on the market in 2026 to help out our buyers,” said Ozeroff. “It’s a strong sellers’ market right now, so overall I think that’s going to continue into 2026 and have a strong year ahead.”

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cam.lee@pattisonmedia.com