Regina Housing Market: Home Prices | August 2026

For the City of Regina, the Saskatchewan REALTORS Association (SRA) puts out a monthly city report alongside its provincial release, with a benchmark, an average and a sales count for each kind of home. This page uses the August 2026 report, published in September 2026. The Saskatoon page covers Saskatchewan’s larger city from the same association, and the Canadian housing market overview shows how the benchmark is defined.

Regina home prices, August 2026

Regina’s measures split over the year. The composite benchmark, which prices the same typical home each month, stood at $348,900, 3.3% higher than a year before (the release rounds this to “over three percent”). The median sale, at $330,750, was down 1.0% on the year, a sign that the mix of homes changing hands shifted, since the price of the benchmark home rose. The month’s 332 sales averaged $357,376.

City of Regina, SRA report for August 2026; changes are against the same month a year earlier, in whole percents as published.

Detached houses dominate here: 71% of the month’s sales, and 71% of sales over three years by the SRA’s count, against 59% in Saskatoon. The semi-detached benchmark comes out higher than the detached one, but the two benchmark homes are a generation apart: the SRA’s model semi dates from 2015 and its model detached house from 1973. With only 8 semi sales in the month, that row’s average moves a lot from month to month. A Regina apartment’s benchmark is 62% of the detached figure.

Sales against new listings

Ratios computed from the SRA’s counts: sales / new listings, and homes available / sales.

Regina sold 68 homes for every 100 that came to market, above the 65% top of the range CREA treats as balanced, and it did so even with sales 6% lower than a year earlier. Listings available at month end were 39% below the ten-year norm for August. The SRA adds that 224 of the 797 were conditionally sold, which takes effective supply down to 1.72 months; either way Regina is under CREA’s 3.6-month seller’s-market line. The typical listing sold in 30 days for 99.2% of its asking price.

Closing costs and property tax in Regina

Instead of a land transfer tax, a Regina buyer pays the provincial land registry 0.4% of the price to move the title, $1,396 on a benchmark home, plus $275 to register an insured mortgage of $344,713 (the fee for mortgages from $250,000 to $500,000, in the schedule effective April 15, 2026). That mortgage assumes the minimum $17,445 down (5%) and includes a $13,258 insurance premium. Other closing costs are on the Saskatchewan fee page.

The City of Regina’s 2026 residential rates are 12.256 mills municipal and 1.08613 library, both multiplied by a residential factor of 0.88032, plus 4.27 mills for schools, all charged on 80% of assessed value. On an assessment equal to the benchmark price, that is $3,011 municipal, $267 library and $1,192 school tax, or $4,470 for the year. Assessed values follow the province’s January 1, 2023 base date and can sit well away from a recent sale price; the city’s own calculator uses a home’s actual assessment.

Regina incomes and the income needed to buy

Qualifying for the benchmark home at minimum down calls for roughly $81,700 of household income; with 20% down it drops to $71,000 (how it is worked out). The 2021 Census put the Regina metro area’s median household income at $90,000 for 2020, so the minimum-down requirement is 9% below the median. On those figures a household at the census median clears the bar for a benchmark-priced home with the smallest down payment. Rents are on the Regina rental market page.

Related pages

• Saskatoon housing market
• Saskatchewan housing market
• Regina rental market
• Average income in Regina