Moose Jaw Real Estate Market Update – January 2026

The Moose Jaw real estate market entered 2026 with strong momentum, highlighted by rising home prices, increased sales activity, and continued tight inventory conditions. These trends reflect steady buyer demand and a market that remains competitive despite inventory gains.

According to the latest Saskatchewan REALTORS® Association housing report, Moose Jaw saw notable year-over-year improvements across several key indicators. 

Benchmark Price Continues Upward Trend

One of the most important indicators of housing market strength is the benchmark price. In January 2026, the total residential benchmark price reached:

• $278,000, up 6.3% year-over-year 

This increase demonstrates continued price appreciation in Moose Jaw and reinforces long-term growth in property values.

Rising benchmark prices are often a sign of strong demand relative to supply, particularly in markets where inventory remains constrained.

Sales Activity Increases to Start the Year

Moose Jaw recorded:

• 31 residential sales in January 2026

• This represents a 19.2% increase year-over-year

• Sales also remain 22.5% above the 10-year average 

This strong start indicates continued buyer confidence and suggests that Moose Jaw remains an attractive and affordable housing market compared to larger Saskatchewan cities.

New Listings Rise, Providing More Options for Buyers

There were:

• 52 new listings in January 2026

• An increase of 13.0% year-over-year 

More listings provide buyers with additional options, but supply is still limited compared to historical norms, keeping competition strong.

Inventory Levels Remain Tight Despite Gains

Total inventory reached:

• 103 active residential listings

• Down 7.2% compared to last year

• Still significantly below long-term averages 

Low inventory continues to support home values and contributes to a balanced but competitive market environment.

Months of Supply Reflect Balanced Market Conditions

Months of supply is a key indicator used to measure whether the market favors buyers or sellers.

In January 2026:

• Moose Jaw had 3.32 months of supply

• Down 22.2% year-over-year 

Typically:

• Under 3 months = seller’s market

• 3–6 months = balanced market

• Over 6 months = buyer’s market

Moose Jaw remains in balanced territory but trending toward stronger seller conditions.

Average and Median Price Trends

The report also shows:

• Average residential price: $253,584, up 11.7% year-over-year

• Median price: $245,000, up 3.4% year-over-year 

This continued price growth confirms steady appreciation across most property types.

What This Means for Buyers

Buyers should expect:

• Continued price increases over time

• Competitive conditions for well-priced homes

• Limited inventory in desirable price ranges

However, Moose Jaw remains one of Saskatchewan’s most affordable housing markets, offering excellent value compared to larger urban centres.

What This Means for Sellers

For sellers, the current conditions are highly favourable:

• Rising benchmark prices

• Strong buyer demand

• Limited inventory supporting property values

This combination creates an excellent opportunity to achieve strong sale prices.

Outlook for Moose Jaw Real Estate in 2026

Moose Jaw’s housing market continues to show strength, with steady price growth and healthy sales levels. With inventory remaining below long-term averages and demand remaining strong, Moose Jaw is well-positioned for continued stability and gradual price appreciation throughout 2026.

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