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    Ross Glen, Medicine Hat - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Medicine Hat, Ross Glen

    Ross Glen Is the Busiest Street in Medicine Hat Right Now

    If you live in Ross Glen and you have not checked what your home is actually worth lately, you are leaving real money on the table. This neighbourhood is not just holding its own - it is leading the city in transaction volume. Here is the straight story on what is happening to property values on your block.

    The Vibe: Houses vs. Condos

    Houses - The Market Is Moving Fast

    We are seeing serious activity on the house side. The average sale price sits at $409,689, up 4.7% from last month. Listings are averaging $415,233, and homes are selling at 99.03% of list price. That means buyers are paying almost exactly what sellers are asking - no big discounts, no panic pricing.

    • Average sale price: $409,689 (up 4.7% month-over-month)
    • Average list price: $415,233
    • Price per square foot: $548
    • Sale-to-list ratio: 99.03%
    • Average days on market: 18 days
    • Properties sold this period: 9

    Eighteen days on market is quick. Compare that to Southview-Park Meadows where homes are sitting for 26 days, and you get a clear picture - buyers want Ross Glen specifically. The predicted market value for houses is $458,059, which is climbing above the 3-month moving average of $452,521. That upward trend matters if you are thinking about timing a sale.

    On the neighbourhood leaderboard, Ross Glen houses rank 2nd out of 14 neighbourhoods in Medicine Hat for speed of sale. That is a top-tier result. Growth rate comes in at 8th out of 18 - above average. Price rank is 9th out of 17, sitting right in the middle of the city. Not the cheapest, not the priciest - a solid, credible position.

    Rental numbers back up the story too. Estimated rent runs $2,328 per month with a rental yield of 5.71%. That is a strong return for anyone holding investment property here.

    Condos - Taking a Breather

    The condo picture is a bit different, and we should be honest about it. The predicted market value for condos is $238,176, which is actually down from the 3-month moving average of $246,574. Values have shifted by -7.26% recently, and that puts Ross Glen condos at 15th out of 17 neighbourhoods in Medicine Hat for growth. That is a number worth paying attention to.

    • Average HonestDoor Price: $265,424 (up 11.44% from previous period)
    • Average sale price: $454,900
    • Price per square foot: $358
    • Sale-to-list ratio: 100%
    • Average days on market: 12 days
    • Properties sold this period: 1

    One sale is a thin data set, so we should not read too much into any single number here. What stands out is that the one condo that did sell went at exactly list price - no negotiation, no discount. And at 12 days on market, it moved reasonably well, even if Southland condos are selling faster at 6 days.

    The HonestDoor Price for condos jumped 11.44% from the previous period, which is a big swing. The rental estimate comes in at $1,420 per month with a 4.25% yield - moderate, but not a reason to panic if you own here.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

    Here is the thing about your city assessment - it is a snapshot taken months ago, sometimes longer. It does not know that Ross Glen houses are now selling in 18 days. It does not know that the predicted value for houses just crossed $458,059 and is trending up. It is a static number in a moving market.

    The HonestDoor Price is updated in real time using actual transaction data, current listings, and live market signals. For houses in Ross Glen, that number is $452,971. For condos, it is $265,424. These are the figures that reflect what a buyer would actually pay today - not what a government formula calculated last year.

    Ross Glen also holds the top spot in Medicine Hat for total transaction volume. Number one. That means more sales data flows through this neighbourhood than anywhere else in the city, which makes the HonestDoor Price here more accurate and more reliable than in areas with thin sales history. Your HonestDoor Price is not a guess - it is built on the most active real estate data in Medicine Hat.

    The So What - Thinking About Selling This Summer?

    If you own a house in Ross Glen, the conditions right now are about as good as it gets for a seller. Homes are moving in 18 days, buyers are paying close to full ask, and the predicted value is trending upward. The window is open. Waiting for fall means competing with more listings and potentially softer demand.

    If you own a condo, the picture calls for a bit more strategy. Values have dipped recently and the growth rank is near the bottom of the city leaderboard. That does not mean you cannot sell - one condo just moved at full list price in 12 days. But pricing it right from day one matters more than ever. This is not the market to test a high number and wait.

    Either way, the first step is the same - pull your HonestDoor Price today and compare it to what you thought your place was worth. For a lot of Ross Glen homeowners, that number is going to be a pleasant surprise. And knowing your real number before you talk to anyone is always the smarter move.

    ross glen | medicine hat | august 2026

    This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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