Martensville Real Estate Market Update – January 2026
The Martensville real estate market kicked off 2026 with strong price growth, increased sales activity, and extremely tight inventory, signaling continued demand for homes in the community.
According to the latest Saskatchewan REALTORS® Association data, January 2026 recorded 8 residential sales, representing a 100% increase year-over-year. While this activity remains below the long-term January average, the sharp annual jump reflects renewed buyer confidence and limited available supply.
Home Prices Continue to Rise
The total residential benchmark price in Martensville reached $421,000, marking a 6.2% increase compared to January 2025. This ongoing upward price trend highlights the strength of the local market and the pressure created by limited inventory levels.
The average sale price climbed to $425,125, up 14.6% year-over-year, while the median sale price reached $445,000, reflecting strong demand for mid-to-upper-range homes.
Inventory & Months of Supply
Inventory remains one of the defining factors of the current market. January ended with only 9 active residential listings, a 57% decrease from last year. This resulted in just 1.13 months of supply, well below balanced market conditions and significantly under the 10-year average.
With supply this tight, well-priced homes are continuing to sell quickly, and sellers are maintaining strong negotiating positions.
What This Means for Buyers & Sellers
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Sellers benefit from rising prices, limited competition, and strong buyer demand.
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Buyers face a competitive environment and should be prepared with financing in place and decisive offer strategies.
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Investors may find opportunities in long-term appreciation as Martensville continues to grow alongside the Saskatoon region.
As we move further into 2026, inventory levels and new listings will be key indicators to watch in determining how long this seller-leaning market continues.
FAQs
Is Martensville currently a buyer’s or seller’s market?
With just 1.13 months of supply in January 2026, Martensville is firmly in a seller’s market, driven by low inventory and strong demand.
What is the current benchmark price in Martensville?
The total residential benchmark price reached $421,000 in January 2026, representing a 6.2% year-over-year increase.
How many homes sold in January 2026?
There were 8 residential sales recorded in January 2026, a 100% increase compared to the same month last year.
Is inventory increasing in Martensville?
Inventory remains tight, with only 9 active listings at the end of January, down 57% year-over-year.
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