Balanced Market
Mortgage Rates in Saskatoon, SK
Saskatoon is Saskatchewan's largest city with a growing economy, University of Saskatchewan, and strong affordability relative to other Canadian cities.
Avg Home Price
$380,000
Benchmark Price
$362,000
Year-Over-Year
↑ 3.4%
Best 5-Yr Fixed
4.89%
Today's Best Rates Near Saskatoon
| Rate Type | Best Rate |
|---|---|
| 5-Year Fixed | 4.89% |
| 5-Year Variable | 5.45% |
| 3-Year Fixed | 4.74% |
| 2-Year Fixed | 5.1% |
| HELOC | 6.2% |
*Based on $500K mortgage, 25-year amortization, Canadian semi-annual compounding. Last updated: May 25, 2026.
Saskatoon Real Estate Market
Balanced Market: Supply and demand are roughly equal — a stable environment for buyers and sellers.
Saskatoon is Saskatchewan's largest city with a growing economy, University of Saskatchewan, and strong affordability relative to other Canadian cities.
Land Transfer Tax — Saskatoon
Saskatchewan charges a small land title transfer fee but no percentage-based land transfer tax.
Neighbourhoods in Saskatoon
BroadwayNutanaRiversdaleStonebridgeEvergreen
Frequently Asked Questions
What is the average home price in Saskatoon?
The average home price in Saskatoon is approximately $380,000, offering strong value in a growing prairie city.
Is Saskatoon or Regina better for real estate?
Saskatoon has shown stronger price growth and economic diversification. Regina is slightly more affordable with stable government employment.
What are the best neighbourhoods in Saskatoon?
Broadway and Nutana are popular urban areas. Stonebridge is newer and suburban. Riverdale and College Park are family-oriented.
Is the University of Saskatchewan good for real estate?
Yes — USask creates consistent student rental demand. Properties near the university and in the Broadway area perform well as rentals.
Is Saskatoon real estate a good investment?
Saskatoon's growing economy, university population, and strong affordability create good long-term fundamentals.
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