Neighbourhood Market Intelligence
Wallacefield
Lloydminster, Saskatchewan · September 2026
Prepared by Jordan Bird | LPT Realty · Data updated 28 August 2026 · Source Pillar 9 MLS®
Reporting period 1 September 2025 – 31 August 2026 · Dataset 9 September 2024 – 23 August 2026
Market Pulse
Strong Buyer
Buyer
Balanced
Seller
Strong Seller
Strong Seller Advantage
Based on 1.2 months of inventory, a median time on market that fell from 42 days to 23, price increases across all three property types, and stable sales volume — tempered by a 97.5% sale-to-list ratio showing buyers still negotiate, and an active count small enough to move the inventory figure quickly.
Market Pulse is an interpretation of neighbourhood MLS® activity, not an official MLS® classification.
What changed this year
23 days
Homes sell far faster
Median time on market fell from 42 days to 23. Detached homes improved most sharply, from 42 days to 17, and 63% of all sales closed within a month.
5 listings
Inventory has nearly disappeared
Five homes are listed against 51 sales in the past year — about five weeks of supply. Nothing at all is listed below $250,000, where 24 of those 51 sales took place.
+9.9%
Every property type rose
Detached gained 9.9%, townhouses 7.6% and apartments 1.7%. The overall median barely moved only because townhouses grew from 35% to 43% of everything that sold.
Jordan's read on the market
Wallacefield is the tightest market in this series right now, and the reason is simple: there is almost nothing to buy. Five homes are listed. Fifty-one sold in the past twelve months. At that rate the entire standing inventory would clear in about five weeks. Two more are already under contract.
What makes this unusual is that the scarcity has not come with falling activity. Volume was essentially flat year over year, 51 sales against 52. Homes sold in a median of 23 days rather than 42, and every property type — detached, townhouse and apartment — sold for more than it did a year earlier. When speed improves, volume holds and prices rise across the board, that is genuine demand rather than a statistical quirk.
The one number to treat carefully is the neighbourhood median. It barely moved, and a homeowner could reasonably read that as a flat market. It isn't. The median held still because the mix of what sold shifted toward townhouses, which trade well below detached homes here. Looked at by type, every segment moved up.
What homes sold for
Nearly half of all sales — 24 of 51 — happened below $250,000.
The three markets inside Wallacefield
| Measure | Detached | Row / Townhouse | Apartment |
|---|---|---|---|
| Homes sold, trailing 12 months | 24 | 22 | 5 |
| Share of all sales | 47% | 43% | 10% |
| Median sold price | $344,950 | $201,750 | $139,900 |
| Prior-year median | $314,000 | $187,500 | $137,500 |
| Change year over year | +9.9% | +7.6% | +1.7% |
| Median price per sq ft | $325.62 | $178.17 | $160.44 |
| Median size | 1,061 sq ft | 1,116 sq ft | 864 sq ft |
| Median days on market | 17 | 50 | 21 |
| Prior-year median days | 42 | 50 | 16 |
| Active listings today | 4 | 1 | 0 |
| Months of inventory | 2.0 | 0.5 | 0.0 |
Apartment figures rest on five sales and are directional rather than conclusive.
Where inventory sits vs. where buyers are
Three of the six price bands, covering 24 of the past year's 51 sales, have no active listing at all. A seller listing below $250,000 today would be the only home on the market in that range.
What could your home be worth?
Request your personalized Market Intelligence Report
Everything above describes the neighbourhood. None of it describes your house. Median price per square foot ranged from $160.44 for apartments to $325.62 for detached homes this year — which is why one neighbourhood rate cannot stand in for a property-specific analysis.
A property-specific analysis weighs your property type, size, year built, condition and renovations, lot, and the specific homes yours would compete against the day it lists.
Jordan Bird | LPT Realty · jordanbird.ca · 17 years serving clients in real estate · Licensed in Alberta & Saskatchewan
This Market Intelligence Report has been prepared by Jordan Bird | LPT Realty using available market information believed to be reliable at the time of preparation. Data is drawn from Pillar 9 MLS® records for residential listings in the Wallacefield area of Lloydminster, Saskatchewan. Neighbourhood statistics are intended to provide general market context and should not be interpreted as a formal appraisal or property-specific valuation. Individual property values can vary based on location, condition, size, improvements, lot characteristics and current competition. Information is deemed reliable but not guaranteed. Not intended to solicit properties already listed for sale.
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