Regina's housing market concluded 2025 demonstrating continued stability despite typical winter conditions. The market exhibited resilience with sales above historical averages, exceptionally constrained inventory, and robust year-over-year price appreciation. For a look at the city's premium properties, see our most expensive homes guide.
Current Market Snapshot
The benchmark price reached $330,900 in December 2025, up 6.6 percent year-over-year. With 2.90 months of supply, Regina remains a seller's market. The tight inventory environment continues preventing meaningful movement toward balanced conditions. Active inventory sits at just 475 units - nearly 50 percent below the 10-year average, making this one of the tightest markets in Canada relative to its size. December 2025 Key Statistics:
- Total Sales: 164 homes (down 17% YoY, but up 4% vs 10-year average)
- New Listings: 140
- Total Active Inventory: 475 (nearly 50% below 10-year average)
- Conditional Sales: 126 properties
- Days on Market: 41
- New Listings to Sales Ratio: 117%
Sold Activity
Full Year 2025 Performance
Total annual sales reached 3,840 homes - down 2 percent versus 2024 but up 24 percent versus the 10-year average. This indicates that while activity has cooled slightly from the 2024 peak, overall transaction volume remains well above historical norms. New listings totaled 5,022, up 2 percent year-over-year, suggesting sellers are cautiously entering the market. The average benchmark price for the year was $330,658 with annual price growth of 5.7 percent versus 2024. Inventory levels remained significantly below long-term norms, supporting competitive conditions and price stability. Limited supply continues defining market dynamics entering 2026. Regina was the only major Canadian market with accelerated year-over-year house price appreciation in September 2025. Compare this to markets like Winnipeg and Quebec City at 11% growth, or Toronto and Vancouver experiencing 4% declines.
Price Distribution
Property Type Analysis
Regina's market offers diverse housing options across a wide price range. The Albert Park neighbourhood, one of the city's most prestigious, shows an average price of $439,175 with listings ranging from compact units at $99,900 to executive homes at $1,299,900. In contrast, The Creeks luxury enclave averages $982,740 with properties from $734,900 to $1,499,900. The Lakeridge community in north Regina is an exceptionally desirable neighbourhood, with an average price of $448,343 and listings from $224,900 to $649,900. Houses for sale in north Regina don't stay on the market long, reflecting strong buyer demand in established residential areas. Premium neighbourhoods like Greens on Gardiner show days-on-market averaging 20 to 30 days versus the citywide average of 50-60 days, reflecting strong demand and liquidity in newer, walkable communities.
Affordability Advantage
Regina's housing affordability makes rent-versus-buy decisions genuinely competitive, unlike most Canadian cities. A $240,000 home in Richmond Place or Spruce Meadows carries mortgage payments of approximately $1,350 per month, with total costs of $1,800-$2,000 monthly including property taxes and insurance - comparable to three-bedroom rental costs of $1,800-$2,200 per month. Saskatchewan lacks rent control, so annual rental increases are uncapped, making ownership increasingly attractive over time. The average monthly net salary in Regina sits at $3,675, and with a benchmark price of $330,900, the income-to-price ratio is far more accessible than markets like Toronto (average $1 million+) or Vancouver.
Neighbourhood Breakdown
For detailed neighbourhood analysis, see our best neighbourhoods guide. For affordable options, check our affordable homes guide.
Market Drivers
Several factors are shaping Regina's market entering 2026: Population growth and immigration: Saskatchewan has maintained steady population growth, with Regina attracting newcomers through provincial nominee programs and interprovincial migration from more expensive markets. Young families and professionals moving from Toronto, Vancouver, and Calgary are drawn by the dramatically lower cost of entry. Government employment stability: As the provincial capital, Regina benefits from a stable government employment base that provides consistent demand for housing. The University of Regina and Saskatchewan Polytechnic also contribute to rental demand, particularly in neighbourhoods like Spruce Meadows and Riverbend. Tight inventory: With active listings nearly 50% below the 10-year average, competition for available homes remains fierce. Sellers are in a strong position, though the pace of price appreciation may moderate if new listings increase through spring 2026. Infrastructure investment: Ongoing development in east Regina, including new commercial centres like Acre 21 in Greens on Gardiner, is expanding the city's footprint and creating desirable new communities with walkable amenities.
Price Trends
Regina Price Trends
Browse all Regina listings or read the Regina city guide.