The Winnipeg market right now
A quick read on where Winnipeg's housing market sits — prices, sales, and how much choice buyers have.
Figures for May 2026. Source: Winnipeg Regional Real Estate Board.
$474,837
Avg. detached price
up 4% vs last year
$292,696
Avg. condo price
in May 2026
1,707
Homes sold
down 4% vs last year
2.2
Months of supply
Seller's market
What this means for you
With only about 2.2 months of supply, well-priced homes are selling quickly and good listings often draw strong interest. Sellers have the edge — but pricing and presentation still decide how much you walk away with. Buyers should be pre-approved and ready to move.
Market figures are averages for the Winnipeg region and change every month; individual homes and neighbourhoods vary widely. Not a guarantee of value.
Winnipeg market questions
Is it a buyer's or seller's market in Winnipeg?
With about 2.2 months of supply, Winnipeg is currently a seller's market. As a rule of thumb, under ~4 months favours sellers and over ~6 favours buyers.
How much does an average home cost in Winnipeg?
In May 2026, the average detached home sold for about $474,837 and the average condo for about $292,696.
Are Winnipeg home prices rising?
Average prices were up 4% compared with a year earlier. Trends vary by property type and neighbourhood.
How quickly are homes selling?
Demand is steady — well-prepared, well-priced homes tend to move fastest. Pavel can give you a realistic timeline for your specific home and area.
Wondering what your home is worth in this market?
Get a free, no-obligation evaluation grounded in current Winnipeg sales.