The Saskatchewan REALTORS Association reported 446 residential sales in August 2026, 6.6 percent above the 10-year average for the month, alongside 1.63 months of supply, which points to steady rather than frantic demand. New listings rose 12.3 percent year-over-year, giving buyers a somewhat wider selection than the year before.
Cheaper is relative to where you are comparing from. Against Toronto or Vancouver, Saskatoon's benchmark price is a fraction of the cost for a comparable home. Against Saskatoon's own price a year or two ago, the modest year-over-year growth means it is only marginally more expensive than it was, not dramatically so.
Whether now is cheap for you personally depends on your own rate, down payment and timeline, not the citywide average alone. Get your hand-reviewed valuation from Joel Dyck.