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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).
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.
