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Winnipeg Housing Market Update

August 26, 2026 — a weekly look at what's actually selling across Winnipeg, straight from the MLS.

If you've been wondering what's happening with home prices in your part of the city, here's the real picture — pulled directly from Keystone Matrix MLS data for the trailing 12 months (September 2025 through August 2026), covering 32 Winnipeg neighbourhoods and roughly 3,840 completed sales.

The citywide snapshot

Weighted Avg. Sale Price

~$476,600

Weighted Avg. $ / SqFt

~$361

Homes Sold (12 mo)

~3,840

Those are volume-weighted averages, meaning busier neighbourhoods carry more influence on the citywide number than the smallest markets — which is a more honest read than a simple average of averages.

What that means if you're buying or selling

If you're a first-time buyer, the spread between neighbourhoods below is the most useful part of this report — there's a real difference between paying $300/sq ft in parts of East Kildonan or West Kildonan versus $400+/sq ft in River Heights or Charleswood. Knowing that spread is how you find a starter home that still builds equity.

If you're selling or considering an investment property, sales volume matters as much as price. Areas with high transaction counts (Transcona, West Kildonan, South Glen) tend to move faster and have more comparable sales to price against — areas with lower volume can mean a longer runway to sell, even if per-square-foot values look strong.

As always, these are city-level trends — your specific street, lot, and condition can move the number in either direction. Happy to run comps on your specific property any time.

Neighbourhood-by-neighbourhood breakdown

Sorted by MLS area code. "—" means that area's figure was folded into a small aggregate bucket rather than reported individually this period (typically the lowest-volume areas).

AreaNeighbourhood(s)Homes SoldAvg. Sale PriceAvg. $/SqFt
1AFort Rouge / Riverview54$486,693$367
1AwFort Rouge / Lord Roberts66$355,396$334
1BCrescentwood / Osborne Village93$384,470
1CRiver Heights / Crescentwood184$667,919$409
1DRiver Heights South104$545,131$427
1FCharleswood / Assiniboine Woods$657,524$358
1GCharleswood139$574,350$401
1HCharleswood / Westdale105$531,488$376
1JFort Garry / East Fort Garry63$570,615$385
1KFort Richmond / University Heights113$508,861$358
1MLinden Woods / Linden Ridge78$744,554$388
1NSouth Charleswood$906,875$510
1PWhyte Ridge / Fort Whyte73$625,292$367
2BNorwood / Norwood Flats103$419,255$344
2ERiver Park South / Meadowood117$418,900$405
2FSouth Glen / Dakota Crossing231$509,600$372
2GWindsor Park / Niakwa Park150$410,609$368
2JIsland Lakes / Royalwood / Sage Creek157$635,819$369
3AEast Kildonan / Elmwood104
3BEast Kildonan / Elmwood193$330,360$343
3CEast Kildonan / Elmwood Park82$371,442$303
3DEast Kildonan106$350,330$372
3EEast Kildonan / Valley Gardens80$407,178$356
3GNorth Kildonan / Algonquin Park87$504,685$368
3HNorth Kildonan (Sun Valley area)69$479,644$368
3KTranscona (Kildonan Meadows area)210$498,890$355
3MTranscona / Canterbury Park241$418,533$353
3PEast St. Paul / Birds Hill72$872,157$431
4DWest Kildonan / Margaret Park244$329,349$306
5CPolo Park / West End195$312
5ESt. James / Bruce Park173$343,775$328
5FSt. James / Silver Heights113$439,384$363

Quick highlights

Busiest markets (by homes sold): West Kildonan (244), Transcona/Canterbury Park (241), South Glen/Dakota Crossing (231), Transcona (210)

Highest price per square foot: South Charleswood ($510), East St. Paul/Birds Hill ($431), River Heights South ($427)

Most affordable entry points: East Kildonan/Elmwood Park ($303/sq ft), West Kildonan ($306/sq ft), Polo Park/West End ($312/sq ft)

Thinking about buying, selling, or just want to know what your home is worth in today's market?
Reach out to Alec Hutfluss — I'm happy to walk through the numbers for your specific neighbourhood.

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Open House. Open House on Sunday, July 26, 2026 2:00PM - 4:00PM

Please visit our Open House at 80 Wayfarer's in Winnipeg. See details here

Open House on Sunday, July 26, 2026 2:00PM - 4:00PM

2J//Winnipeg/SS Now, Offers taken July 28th evening. OH July 26 2-4pm. Welcome to this stunning 4-bedroom, 3-bathroom bungalow in the heart of Island Lakes, a rare waterfront setting with unobstructed pond views and no back neighbours! A striking stucco exterior, mature landscaping, and a double attached garage set the tone. Inside, a bright vaulted foyer and hardwood flooring flow through the open concept main level. The kitchen offers plenty of cabinetry, an island, and a skylight, opening onto your dining area with deck access. The adjoining living room impresses with vaulted ceilings and a cozy gas fireplace, framed by water views. The primary bedroom includes a private 4-piece ensuite with a tub and separate shower. Two bedrooms, a full 4-piece bath, and main-floor laundry round out this level. The fully finished basement adds a spacious rec room, fourth bedroom, 2-piece bath, and storage space. Outside, enjoy a multi-tier deck, private hot tub, and a fire pit, a true backyard oasis. 1,573 sq ft, 4 bedrooms, 3 bathrooms, and Island Lakes waterfront living at its finest. Book your showing today! (id:2493)

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New property listed in Winnipeg

I have listed a new property at 80 Wayfarer's in Winnipeg. See details here

2J//Winnipeg/SS Now, Offers taken July 28th evening. OH July 26 2-4pm. Welcome to this stunning 4-bedroom, 3-bathroom bungalow in the heart of Island Lakes, a rare waterfront setting with unobstructed pond views and no back neighbours! A striking stucco exterior, mature landscaping, and a double attached garage set the tone. Inside, a bright vaulted foyer and hardwood flooring flow through the open concept main level. The kitchen offers plenty of cabinetry, an island, and a skylight, opening onto your dining area with deck access. The adjoining living room impresses with vaulted ceilings and a cozy gas fireplace, framed by water views. The primary bedroom includes a private 4-piece ensuite with a tub and separate shower. Two bedrooms, a full 4-piece bath, and main-floor laundry round out this level. The fully finished basement adds a spacious rec room, fourth bedroom, 2-piece bath, and storage space. Outside, enjoy a multi-tier deck, private hot tub, and a fire pit, a true backyard oasis. 1,573 sq ft, 4 bedrooms, 3 bathrooms, and Island Lakes waterfront living at its finest. Book your showing today! (id:2493)

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Open House. Open House on Sunday, July 26, 2026 2:00PM - 4:00PM

Please visit our Open House at 80 Wayfarer's in Winnipeg. See details here

Open House on Sunday, July 26, 2026 2:00PM - 4:00PM

2J//Winnipeg/SS Now, Offers taken July 28th evening. OH July 26 2-4pm. Welcome to this stunning 4-bedroom, 3-bathroom bungalow in the heart of Island Lakes, a rare waterfront setting with unobstructed pond views and no back neighbours! A striking stucco exterior, mature landscaping, and a double attached garage set the tone. Inside, a bright vaulted foyer and hardwood flooring flow through the open concept main level. The kitchen offers plenty of cabinetry, an island, and a skylight, opening onto your dining area with deck access. The adjoining living room impresses with vaulted ceilings and a cozy gas fireplace, framed by water views. The primary bedroom includes a private 4-piece ensuite with a tub and separate shower. Two bedrooms, a full 4-piece bath, and main-floor laundry round out this level. The fully finished basement adds a spacious rec room, fourth bedroom, 2-piece bath, and storage space. Outside, enjoy a multi-tier deck, private hot tub, and a fire pit, a true backyard oasis. 1,573 sq ft, 4 bedrooms, 3 bathrooms, and Island Lakes waterfront living at its finest. Book your showing today! (id:2493)

Read

Open House. Open House on Saturday, June 20, 2026 1:00PM - 3:00PM

Please visit our Open House at 134 Tranquil Bay in Winnipeg. See details here

Open House on Saturday, June 20, 2026 1:00PM - 3:00PM

1S//Winnipeg/SS Now, Offers taken June 22nd evening, OH Sat June 20 1pm-3pm. First impressions count & this one delivers! Set on a quiet street, right when you walk up you'll notice the interlocking brick driveway & covered front porch, this 1,473sf 2-storey in Richmond West is ready to impress. Step inside to a bright foyer w/ modern frosted-glass doors leading to spacious living areas w/ german laminate flooring. The renovated kitchen stuns w/ high-gloss white upper cabinets, two-tone grey lowers, quartz counters, mosaic tile backsplash, SS appls incl gas range, French door fridge, & a large island w/ bar seating. Sliding patio doors open to the backyard, perfect for indoor-outdoor living. The dining area flows seamlessly off the kitchen under a modern pendant fixture. Upstairs: 3 bdrms incl a primary w/ frosted glass closet doors. Updated 3-pc bath w/ glass shower & quartz vanity. Basement is partially developed w/ laundry & storage. The backyard is the star, multi-level deck, hard-top gazebo, dining area & above-ground pool. Fully fenced w/ shed & mature trees. Single car garage & prime location close to schools, shopping & parks! Don' miss your opportunity to living in this amazing home. (id:2493)

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Open House. Open House on Saturday, June 20, 2026 1:00PM - 3:00PM

Please visit our Open House at 134 Tranquil Bay in Winnipeg. See details here

Open House on Saturday, June 20, 2026 1:00PM - 3:00PM

1S//Winnipeg/SS Now, Offers taken June 22nd evening, OH Sat June 20 1pm-3pm. First impressions count & this one delivers! Set on a quiet street, right when you walk up you'll notice the interlocking brick driveway & covered front porch, this 1,473sf 2-storey in Richmond West is ready to impress. Step inside to a bright foyer w/ modern frosted-glass doors leading to spacious living areas w/ german laminate flooring. The renovated kitchen stuns w/ high-gloss white upper cabinets, two-tone grey lowers, quartz counters, mosaic tile backsplash, SS appls incl gas range, French door fridge, & a large island w/ bar seating. Sliding patio doors open to the backyard, perfect for indoor-outdoor living. The dining area flows seamlessly off the kitchen under a modern pendant fixture. Upstairs: 3 bdrms incl a primary w/ frosted glass closet doors. Updated 3-pc bath w/ glass shower & quartz vanity. Basement is partially developed w/ laundry & storage. The backyard is the star, multi-level deck, hard-top gazebo, dining area & above-ground pool. Fully fenced w/ shed & mature trees. Single car garage & prime location close to schools, shopping & parks! Don' miss your opportunity to living in this amazing home. (id:2493)

Read

New property listed in Winnipeg

I have listed a new property at 134 Tranquil Bay in Winnipeg. See details here

1S//Winnipeg/SS Now, Offers taken June 22nd evening. First impressions count & this one delivers! Set on a quiet street, right when you walk up you'll notice the interlocking brick driveway & covered front porch, this 1,473sf 2-storey in Richmond West is ready to impress. Step inside to a bright foyer w/ modern frosted-glass doors leading to spacious living areas w/ german laminate flooring. The renovated kitchen stuns w/ high-gloss white upper cabinets, two-tone grey lowers, quartz counters, mosaic tile backsplash, SS appls incl gas range, French door fridge, & a large island w/ bar seating. Sliding patio doors open to the backyard, perfect for indoor-outdoor living. The dining area flows seamlessly off the kitchen under a modern pendant fixture. Upstairs: 3 bdrms incl a primary w/ frosted glass closet doors. Updated 3-pc bath w/ glass shower & quartz vanity. Basement is partially developed w/ laundry & storage. The backyard is the star, multi-level deck, hard-top gazebo, dining area & above-ground pool. Fully fenced w/ shed & mature trees. Single car garage & prime location close to schools, shopping & parks! Don' miss your opportunity to living in this amazing home. (id:2493)

Read

Open House. Open House on Saturday, May 30, 2026 12:00PM - 2:00PM

Please visit our Open House at 56 Conifer Crescent in Winnipeg. See details here

Open House on Saturday, May 30, 2026 12:00PM - 2:00PM

2G//Winnipeg/SS Now, Offers taken June 2nd afternoon. OH Saturday 12-2pm. Welcome to this well-maintained Windsor Park bungalow, a solid home in one of Winnipeg's most connected and established neighbourhoods. Strong curb appeal greets you with a clean concrete board, stucco and brick exterior, and an oversized 22x22 double detached garage. Inside, hardwood floors and crown moulding run through a bright, open-concept main floor that flows from the living room through the dining area and into a well-appointed kitchen with tons of counter space, stainless steel appliances, and a breakfast bar. The bedrooms are comfortable and well-sized, while the fully finished basement adds serious extra space, a large rec room with bright lighting and laminate floors, additional bedroom, and a dedicated laundry room. Out back, a generous yard with mature trees gives you the outdoor space to enjoy those Winnipeg summers. Minutes from schools, major routes, and all the amenities along Fermor. Properties like this don't wait around, book your showing today. (id:2493)

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Open House. Open House on Sunday, May 31, 2026 10:00AM - 12:00PM

Please visit our Open House at 1126 Grosvenor Avenue in Winnipeg. See details here

Open House on Sunday, May 31, 2026 10:00AM - 12:00PM

1B//Winnipeg/SS Thursday, Offers as Received, OH Sunday May 31, 10-12pm. A rare find for the discerning investor, this income generating duplex in a prestigious Winnipeg neighbourhood offers two units, each with 2 beds, 1 bath, and 1,225sf of living space. The restored oak stairway sets the tone, character and modernity in perfect balance. Both suites feature a spacious LR with fireplace alcove, oversized DR with French doors to a sunroom, and a private deck. Renovated 3 4 years ago, updates touch virtually every surface and system. Refinished oak floors flow through main areas; bathrooms feature tiling, under-tile heating, 6' walk-in showers, and premium fixtures. Kitchens offer granite counters, subway backsplashes, and SS appliances. Updated windows and skylights flood both units with light. New wiring and plumbing deliver peace of mind; upgraded insulation improves efficiency. Basement has a new floor and drainage with a sump pump. Outside: 50-yr roof (22), double garage (23), engineered wood siding (23), eavestroughing/soffits/fascia (23), stucco and paint (23), fencing (25), sidewalks (24), AC (25). Fully tenanted, tenants pay all utilities. Properties with this level of upgrades rarely come to market. (id:2493)

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New property listed in Winnipeg

I have listed a new property at 1126 Grosvenor Avenue in Winnipeg. See details here

1B//Winnipeg/SS Thursday, Offers as Received, OH Sunday May 31, 10-12pm. A rare find for the discerning investor, this income generating duplex in a prestigious Winnipeg neighbourhood offers two units, each with 2 beds, 1 bath, and 1,225sf of living space. The restored oak stairway sets the tone, character and modernity in perfect balance. Both suites feature a spacious LR with fireplace alcove, oversized DR with French doors to a sunroom, and a private deck. Renovated 3 4 years ago, updates touch virtually every surface and system. Refinished oak floors flow through main areas; bathrooms feature tiling, under-tile heating, 6' walk-in showers, and premium fixtures. Kitchens offer granite counters, subway backsplashes, and SS appliances. Updated windows and skylights flood both units with light. New wiring and plumbing deliver peace of mind; upgraded insulation improves efficiency. Basement has a new floor and drainage with a sump pump. Outside: 50-yr roof (22), double garage (23), engineered wood siding (23), eavestroughing/soffits/fascia (23), stucco and paint (23), fencing (25), sidewalks (24), AC (25). Fully tenanted, tenants pay all utilities. Properties with this level of upgrades rarely come to market. (id:2493)

Read

New property listed in Winnipeg

I have listed a new property at 56 Conifer Crescent in Winnipeg. See details here

2G//Winnipeg/SS Now, Offers taken June 2nd afternoon. OH Saturday 12-2pm. Welcome to this well-maintained Windsor Park bungalow, a solid home in one of Winnipeg's most connected and established neighbourhoods. Strong curb appeal greets you with a clean concrete board, stucco and brick exterior, and an oversized 22x22 double detached garage. Inside, hardwood floors and crown moulding run through a bright, open-concept main floor that flows from the living room through the dining area and into a well-appointed kitchen with tons of counter space, stainless steel appliances, and a breakfast bar. The bedrooms are comfortable and well-sized, while the fully finished basement adds serious extra space, a large rec room with bright lighting and laminate floors, additional bedroom, and a dedicated laundry room. Out back, a generous yard with mature trees gives you the outdoor space to enjoy those Winnipeg summers. Minutes from schools, major routes, and all the amenities along Fermor. Properties like this don't wait around, book your showing today. (id:2493)

Read

Open House. Open House on Saturday, May 9, 2026 12:00PM - 2:00PM

Please visit our Open House at 884 Strathcona Street in Winnipeg. See details here

Open House on Saturday, May 9, 2026 12:00PM - 2:00PM

5C//Winnipeg/SS May 6th, Offers May 12 Evening, OH May 9th 12 2pm. Character, charm, and thoughtful updates, this 1 storey home in the heart of Winnipeg has it all. From the moment you step through the classic wood front door, you're welcomed by a bright, functional layout with fresh vinyl plank flooring throughout the main level. The spacious living room is anchored by a stunning feature wall, recessed pot lighting, and oversized windows that flood the space with natural light. The kitchen impresses with white cabinetry, dark countertops, a bold diamond-pattern tile backsplash, stainless steel appliances including a French door fridge, and a convenient back door to the yard. An adjacent dining area framed by a charming arched doorway completes the main floor. Upstairs, vaulted ceilings carry through all three bedrooms, each with fresh flooring and natural light. The upper bathroom features classic white subway tile, a tub/shower combo, and a dark-framed mirror vanity. The fully fenced backyard is ready for family fun with a yard space, sandbox, and detached garage. The unfinished basement offers laundry, storage, and future development potential. Contact your realtor today to book your showing! (id:2493)

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