From a pricing standpoint, The Towns sits above Regina’s citywide average of about $346,000 but well below the executive-level communities nearby. The average home price here is roughly $467,000, and there’s a wide spread depending on whether you’re looking at a street town (row housing) or a detached lane home with a finished basement suite. With about 36-41 active listings at any given time, there’s real inventory to choose from — which is honestly unusual for a neighbourhood this popular.
What Homes Cost Right Now
The price range in The Towns is broader than most people expect. Current listings span from about $380,000 for a street town up to $715,000 for a larger detached home with premium finishes.
The average estimated home value sits around $467,000, with sold prices running about $287 per square foot. That per-square-foot number is your real comparison tool — it tells you what the market’s actually paying, not what sellers are hoping for.
Here’s the thing worth knowing: Regina’s citywide average residential sale price hit $346,000 in 2025, up 6% from 2024. The Towns runs about 35% above that citywide number, which makes sense given that almost everything here was built after 2015 and comes with modern finishes, energy-efficient builds, and functional floor plans. For context, neighbouring Greens on Gardiner averages around $612,000, so The Towns offers a meaningful step down in price while still being in the same part of the city with similar amenities.
Rental estimates for homes here are around $2,300 per month, which matters if you’re thinking about buying a place with a legal basement suite. A lot of buyers in The Towns are doing exactly that — using suite income to help qualify for the mortgage.
How Prices Have Changed
Regina’s housing market has been on a steady upward path. Royal LePage’s Q4 2025 data shows the aggregate home price in Regina at $390,600 — up 2.8% year over year. Single-family detached homes specifically climbed 3.7% to a median of $430,700.
For 2026, forecasters are calling for another 4% increase in Regina’s aggregate home prices, which would push the citywide number toward $410,000. RE/MAX’s forecast is a bit more conservative at 2% growth, but both agree the direction is up. That’s relevant for The Towns because this neighbourhood tends to track with Regina’s overall growth patterns while benefiting from the fact that it’s still actively being built out — new phases keep attracting fresh buyer interest.
The Towns hasn’t seen dramatic price swings in either direction. Values have appreciated gradually, which is what you actually want if you’re buying here. Wild price jumps look exciting until they correct. Steady, measured growth means your equity builds without the anxiety of wondering if you bought at a peak.
One factor to watch: new home construction in Regina saw a 40% jump in housing starts in the first half of 2025 compared to 2024. Some of that activity is happening right here in The Towns, with builders like Pacesetter still putting up new inventory. That ongoing construction keeps prices grounded because buyers can compare resale to brand-new — and that competition is healthy.
How Fast Homes Sell Here
The Towns is one of the busiest neighbourhoods in East Regina for transaction volume. It consistently has more listings and more sales than its neighbours, partly because of the sheer size of the community and partly because of the price accessibility.
Redfin data shows homes here averaging about 47 days on market, which is a bit longer than Regina’s citywide average of around 29 days. That sounds like a negative, but it’s actually a reflection of the volume — there are more homes to choose from, so buyers aren’t as pressured to grab the first one they see. With 36-41 active listings at any given time, there’s genuine selection here.
The pace picks up significantly for well-priced homes in the $430,000-$530,000 range. Those tend to move faster, especially lane homes with finished basements. Overpriced listings or homes without a legal suite tend to sit a bit longer — which is the market telling you something useful about what buyers actually value here.
What You Get at Different Price Points
This is where The Towns gets interesting, because there’s real variety within a single neighbourhood.
$380,000-$420,000: Street Towns and Smaller Configurations At this price, you’re looking at row housing — what The Towns calls “street towns.” These are fee simple, meaning you own the land and there are no condo fees. That’s a big deal. You’ll get 3 beds, 3 baths, and roughly 1,250-1,400 square feet. The finishes are clean and modern, and you’ll have a front-attached single garage. These are the entry point, and they’re popular with first-time buyers and investors for good reason. You’re getting new construction quality without stretching into the $500Ks.
$430,000-$530,000: The Heart of the Market This is where most of the action is. You’re stepping into detached or semi-detached lane homes with rear garages, 3-4 bedrooms, 3 bathrooms, and about 1,400-1,600 square feet above grade. Many of these come with finished basements — some with legal suites that have separate entrances, their own kitchen, and a full bedroom. Modern open-concept layouts, quartz countertops, and second-floor laundry are standard here. If you’re a young family or a move-up buyer, this bracket gives you the most for your dollar in The Towns.
$530,000-$715,000: Premium Builds and Larger Homes At the top end, you’re getting 4-6 bedrooms, 3-4 bathrooms, 1,700-2,140 square feet, and upgraded everything — better lot positioning, higher-end kitchen packages, and finished basements that essentially double your living space. Some of these homes are listed with legal suites already generating income. If you’re comparing to Greens on Gardiner or Eastbrook, you’ll notice you can get a comparable square footage in The Towns for less money, and the community amenities are genuinely better.
Is It a Buyer’s or Seller’s Market?
Regina overall is in a seller’s market heading into 2026. Low inventory citywide, strong demand from first-time buyers and move-up purchasers, and rising rental costs are all pushing people toward buying. Royal LePage expects conditions to keep favouring sellers through the year.
But The Towns is a bit different from the citywide picture. Because there’s active new construction alongside resale inventory, buyers here have more options than in established neighbourhoods where supply is truly tight. You’re not going to see the bidding wars that pop up in older, more supply-constrained areas. That said, well-priced homes still attract multiple interested parties, especially anything under $500,000 with a legal suite.
If you’re selling in The Towns, you’ve got solid demand but you need to be realistic about pricing. Buyers here are savvy — they can walk across the street and compare your resale home to a brand-new build from a developer. Price it right and it’ll move. Overprice it and it’ll sit while the new builds get the traffic.
What to Know Before You Buy or Sell Here
The biggest thing about The Towns is the basement suite dynamic. Legal suites are a major selling feature here, and homes with them sell faster and command higher prices. If you’re buying and the home doesn’t have one, factor in the cost to add it later.
A new joint-use elementary and high school has been confirmed for The Towns. That’s a significant draw for families and a genuine value driver for the neighbourhood long term. Right now, kids go to schools in nearby areas like The Creeks or Greens on Gardiner — the new school will change the commute equation entirely.
Also worth noting: the density here is intentional, not a compromise. Lots are smaller, homes are closer together, and the rear-lane design means your front yard faces people, not garage doors. Some folks want that village feel and some don’t. Walk the neighbourhood before you decide.
Finding Your Place in The Towns
The Towns works for a wide range of people — first-time buyers stretching into their first detached home, investors looking for suite income, young families who want to walk to coffee instead of driving everywhere. It’s not the cheapest option in East Regina, but it’s one of the most livable.
If you want to see what’s available right now, browse current listings in The Towns. For a bigger-picture look at what East Regina has to offer, check out the full East Regina guide — I’ve got breakdowns of every neighbourhood so you can compare pricing, schools, and amenities side by side.
Got questions about a specific listing or wondering what your Towns home might be worth? I’m happy to walk through the numbers with you. No pressure, just an honest look at where things stand.
