What Homes Cost Right Now
As of early 2026, the new listing median in Parkridge sits at $329,000, while active listings have a median of $269,450. That’s a wide spread, and it tells you something — the homes coming to market right now are priced higher because sellers know inventory is tight. The lower active median reflects a condo currently listed under $210,000, which brings the number down.
For single-family detached homes, most sales land in the $280,000 to $330,000 range. That’s well below the citywide benchmark of $330,600 and significantly under the Regina average sale price of $327,161 (January 2026). You’re getting more house per dollar here than in most East Regina neighbourhoods, and that’s been true for a while.
Condos and townhomes start in the low $200,000s, which makes Parkridge one of the more accessible entry points for first-time buyers in the east end. A two-bedroom condo with a parking stall and low fees can be had for around $210,000, which is hard to find at that price point elsewhere in East Regina.
How Prices Have Changed
Regina’s residential benchmark price hit $330,600 in January 2026 — up 5.5% year-over-year. Across all property types, the average residential sale price has climbed from $326,000 in 2024 to $346,000 in 2025, a 6% increase. Royal LePage is forecasting another 4% aggregate price increase for Regina through the end of 2026, with single-family detached homes expected to rise by about 4.5%.
Parkridge has tracked along with those broader trends, though more modestly. This isn’t a neighbourhood where you’ll see wild price spikes — it’s more of a slow, steady climb. Families who bought here in the early 2000s for $180,000-$220,000 are sitting on homes now worth $280,000-$330,000. That’s meaningful equity built over time without any of the volatility you sometimes see in newer developments.
Saskatchewan’s benchmark price hit $359,000 provincially in December 2025, up 7% year-over-year. The province has been called one of the hottest housing markets in the country heading into 2026, driven by population growth and job creation. Parkridge benefits from that rising tide, but the price floor here stays lower than many neighbourhoods, which is exactly what keeps it attractive to a broad range of buyers.
How Fast Homes Sell Here
Here’s the thing about Parkridge right now — there are only 2 active listings. Two. In a neighbourhood of several hundred homes, that’s extremely low inventory. The median days on market is 52, which sounds moderate until you factor in that well-priced, move-in-ready homes tend to sell much faster — often with multiple offers.
Regina as a whole has just 2.88 months of supply, which puts it firmly in seller’s market territory. Parkridge is even tighter than that. Both current listings already have conditional sale status, which means there’s effectively nothing available for a buyer walking in today. When new listings do pop up, prepared buyers move quickly.
What You Get at Different Price Points
Under $220,000: At this range, you’re looking at condos and townhomes. A two-bedroom condo with about 840 square feet, one bathroom, a parking stall, and a balcony is realistic here. These units are usually in well-maintained complexes with low condo fees that include water. They’re close to Henry Braun School and the spray pad, making them practical for young families or anyone looking to keep housing costs low while living in a good community.
$260,000-$300,000: This is where you’ll find bungalows and bi-levels that might need some updating. Think original kitchens, older flooring, but solid bones — double garages, finished basements, and mature lots with established landscaping. These homes are perfect for buyers who don’t mind putting in some work over time. The lots alone are worth the entry price — you’re getting generous backyards with 40-year-old trees that newer subdivisions like Wood Meadows or Creekside simply can’t match.
$300,000-$340,000: At the top of Parkridge’s range, you’re getting a larger two-storey or split-level home that’s been updated. Modern kitchen, refreshed bathrooms, newer windows — move-in ready with space for a growing family. Some of these homes have finished basements with secondary suites (non-regulation), which adds rental income potential. A five-bedroom, three-bathroom home with a double attached garage at $329,000? That’s the kind of value that turns heads when buyers compare it to what that money buys elsewhere.
Is It a Buyer’s or Seller’s Market?
Seller’s market, without question. With only 2 active listings and both already conditionally sold, Parkridge has essentially zero available inventory right now. Regina’s 2.88 months of supply is already well below the balanced market threshold of 4-5 months, and Parkridge is tighter than the city average.
For sellers, this means pricing correctly still matters — but if your home is in good shape and priced within range, you’re likely to see strong interest quickly. Don’t get greedy, though. Buyers here are practical people, and they’ll walk if the numbers don’t make sense.
For buyers, you need to be ready before the listing goes live. That means pre-approval in hand, clear on your must-haves, and willing to move fast when something comes up. Waiting for the perfect home at the perfect price in a neighbourhood with this little turnover is a recipe for frustration.
What to Know Before You Buy or Sell Here
If you’re buying, set up alerts for new Parkridge listings so you’re notified the moment something hits the market. In a neighbourhood with this little inventory, timing matters more than anything. Know your budget, know what you’re willing to compromise on, and be ready to write an offer.
If you’re selling, now’s a good window. Low inventory means less competition, and buyer demand across Regina remains strong heading into 2026. Even modest updates — fresh paint, cleaned-up landscaping, decluttered rooms — can make a real difference in how fast you sell and what you get.
Finding Your Place in Parkridge
Parkridge is the kind of neighbourhood where neighbours wave from their driveways and kids walk to school without crossing a major road. It’s not the newest part of East Regina, but that’s exactly what gives it character — the trees, the lot sizes, the sense that people actually stay. If you’re weighing your options, I’m happy to walk you through what’s available and what makes sense for your situation. Browse current Parkridge homes for sale, or explore more of what East Regina has to offer. Let’s find the right fit.
