Rural Strathcona County Acreage Market Update – April 2025
The rural Strathcona County acreage market is currently experiencing a period of moderate growth. While the number of sold properties has decreased compared to the previous year, the average sale price has risen significantly, making it an intriguing market for both prospective buyers and sellers.
Bar graphs below are interactive
Strathcona County -Acreage Listings
There were 63 new listings in April 2025, which is a decrease of 11.27% from the previous year. The decline in new listings suggests that there may be limited supply for buyers, further contributing to the upward pressure on prices.
Strathcona County – Average Acreage List Price
The average asking price for acreage properties in Strathcona County is $983K as of April 2025, showing a 9.08% increase compared to the same time in 2024. This growth highlights the strong demand for rural properties in the region.
Strathcona County –Acreage Sales
34 acreages sold in April of 2025.
There have been 105 properties sold in 2025 so far, reflecting a decrease of 8.7% from 2024. While the number of transactions has declined, the overall market is still active, with a healthy level of demand.
Strathcona County Real Estate Market –Acreage Average Sales Price
The average sale price in April 2025 was $835K, which marks a significant 36.67% increase compared to April 2024. The year-to-date average is $800K, representing a 14.36% increase from the previous year. These increases suggest that despite fewer sales, buyers are willing to pay higher prices for acreage properties in this area.
Strathcona County Acreage Average Days on Market
Properties in Strathcona County are selling more quickly in 2025, with an average of 43 days on the market, down from 78 days in 2024. This 63.25% decrease indicates that the market is becoming more competitive, with properties moving faster as a result of buyer interest.
For potential buyers looking to purchase an acreage in Strathcona County, several trends and tips should be taken into consideration:
- Higher Prices Mean Strong Investment Potential: With average sale prices increasing by more than 14% year-over-year, purchasing an acreage in Strathcona County is becoming a more lucrative long-term investment. As demand for rural properties rises and urban sprawl continues, Strathcona County’s acreage market is expected to appreciate further.
- Limited Inventory and Faster Sales: The decrease in new listings and the shorter time on market suggests that Strathcona County is a competitive market. Buyers should be prepared to act quickly and be ready to make competitive offers on properties they are interested in. Being pre-approved for a mortgage and having a flexible negotiating strategy can help in securing your ideal acreage property.
- Consider Future Development: As Strathcona County is still developing, it’s important to consider the long-term growth of the area. New infrastructure projects, such as road expansions and amenities, could increase the value of acreage properties. Buyers should research municipal plans to ensure that their purchase aligns with future growth prospects.
- Evaluate Property Features Carefully: Acreage properties come with different features and characteristics. Buyers should carefully evaluate the property’s land use, zoning, and utility setups, such as wells, septic systems, and access to power. These factors can have a significant impact on the property’s overall cost of ownership and long-term value.
Market Insights for Sellers
For sellers in Strathcona County, the market is showing strong signs of demand. Here are some key considerations for those looking to sell their acreage property:
- Pricing Strategically: While properties are selling faster in 2025, it’s important to price your property competitively. With an average asking price of $983K and a strong sales-to-listing ratio of 98.5%, pricing your property correctly can help ensure that it sells quickly without leaving money on the table.
- Enhancing Property Appeal: Acreage properties often require thoughtful presentation. Sellers should focus on enhancing the property’s curb appeal, improving landscaping, and staging the home to highlight its best features. Even minor upgrades, like adding a fresh coat of paint or ensuring the property is well-maintained, can make a significant difference in attracting potential buyers.
- Timing the Market: The rural acreage market is experiencing a strong demand period, with properties selling faster than last year. Sellers should take advantage of this trend by listing their properties at the optimal time, typically in spring or early summer when buyers are actively searching for properties.
- Work with a Local Realtor: Selling an acreage property requires specialized knowledge of the rural market, zoning laws, and the nuances of acreage sales. A local realtor who understands the Strathcona County market can help sellers navigate the complexities of the sale process, ensuring that they receive the best possible outcome.
The Future of the Acreage Market in Strathcona County
As we look toward the future of Strathcona County’s acreage market, several trends are expected to continue shaping the landscape:
- Increased Demand for Rural Properties: As more people seek escape from urban centers, the demand for acreage properties in Strathcona County will likely increase. With more individuals working from home and desiring larger living spaces, rural areas like Strathcona County will continue to attract buyers seeking both space and privacy.
- Ongoing Price Growth: Given the consistent increase in average asking and sale prices, Strathcona County’s acreage market will likely see continued price growth. Buyers should expect a competitive market with rising costs, while sellers can take advantage of higher sale prices.
- Sustainability and Eco-Friendly Homes: As more buyers become environmentally conscious, sustainable living will become an increasingly important feature in acreage properties. Properties with energy-efficient systems, solar panels, and eco-friendly amenities will see higher demand in the coming years.
Conclusion
The rural acreage market in Strathcona County continues to offer attractive opportunities for both buyers and sellers. With rising prices, shorter days on market, and a limited supply of properties, it’s a competitive environment where informed buyers and sellers can achieve success. Whether you’re looking to purchase a peaceful rural retreat or sell your property for a strong return, understanding the current market trends and working with a knowledgeable realtor will help you navigate this dynamic landscape effectively.
Data provided by the REALTORS® Association of Edmonton and subject to change. Always consult with a real estate professional for the most current market information.
Looking to Buy or Sell Acreages in Strathcona County?
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