Homes for Sale Under $500,000 in Summerside

Summerside's lake community is one of south Edmonton's most popular family areas, and under $500,000 is right at the heart of its market: 235 homes sold here in the past year (Nov 9, 2025 – Nov 8, 2026, Paragon MLS® data), with detached houses at a median of $504,750 and condos at a median of $292,000. Under $500K buys townhomes, condos and a share of the detached homes — with Lake Summerside beach access on top.

Every listing below is live and under $500,000. Summerside moves fast — houses took a median of 27 days to sell last year, condos 37 days. Register free to get new Summerside listings the day they list — or call Travis Bannert at 780-720-8240 and I will watch for what you are actually looking for.

More Summerside detail: the Summerside community guide and the free Summerside Price Guide — what homes actually sold for, by price band.