Home Prices in Faust
In 2025, Faust Real Estate reflects a small-market setting where property characteristics, lakeside location, and overall condition play a strong role in value. Buyers looking at Faust homes for sale often focus on asking prices relative to lot size, storage and outbuildings, and proximity to water or trail access, while sellers benefit from careful presentation and pricing aligned to recent activity and the local mix of property types.
Without a single headline trend dominating, participants watch the balance between new listings and active demand, the mix of renovated versus project homes, and signals such as days on market to gauge momentum. Pricing is also influenced by micro-location—quiet streets, access to recreation, and distance to services—along with seasonality, which can affect viewing activity and the pace at which well-prepared homes attract offers.
Median Asking Price by Property Type
- House
- $284,000
- Townhouse
- $0
- Condo
- $0
Find Real Estate & MLS® Listings in Faust
There are 8 active listings in Faust, including 1 house, 0 condos, and 0 townhouses. Current listings span 0 neighbourhoods. Listing data is refreshed regularly.
Use search filters to narrow Faust Real Estate Listings and view Faust homes for sale by price range, bedrooms and bathrooms, lot size, parking, and outdoor space to match your lifestyle and budget. Review photos and any available floor plans to assess layout, storage, and natural light, then compare recent activity and similar properties to create a focused shortlist. Saving searches and tracking updates helps you recognize patterns in asking prices, renovations, and property features so you can move decisively when a strong fit appears.
Neighbourhoods & amenities
Faust offers a mix of lakeside pockets, rural-residential settings, and established streets with a blend of cottage-style and single-family homes. Many buyers value proximity to schools, community services, and local parks, while others prioritize quick access to the waterfront, boat launches, and trail networks for year-round recreation. Quiet roads, garage or shop space, and larger lots can be deciding factors, as can ease of commuting along regional routes. These location and lifestyle attributes often guide what buyers view as the best value, influencing which homes sell quickly and which require additional preparation, staging, or pricing adjustments to stand out.
Faust City Guide
Nestled along the south shore of Lesser Slave Lake in northern Alberta, Faust blends lakeside quiet with prairie resource-country grit. This Faust city guide is designed to help you understand the community's roots, daily rhythms, and the practicalities of making the most of life on the water's edge.
History & Background
Faust traces its story to the water and the land that surround it. Long before homesteads and highways, Indigenous peoples stewarded these shores, travelling the lake and its tributaries for sustenance, trade, and ceremony. As trapping trails and fur-trade routes gave way to survey lines and rail, small settlements formed where the boreal forest opened to the lake, and Faust emerged as a compact service point for families carving out new lives. The hamlet's development has often moved in step with regional cycles of forestry and energy-ebb-and-flow industries that shaped seasonal work patterns, population changes, and the character of local businesses. Around the region you'll also find towns like Peace River that share historical ties and amenities. Today, the community's identity is anchored by its marina and boat launch, its access to rich fishing grounds, and its role as a friendly waypoint linking the broader south-shore settlements of Lesser Slave Lake.
Economy & Employment
The economy around Faust typically revolves around a mix of resource, service, and seasonal tourism activity. Forestry, oil and gas, and related trades provide steady contract and shift-based opportunities, while transportation and logistics-supported by highway and rail corridors-move commodity products out of the region. On the lake side, guiding, outfitters, and marina services anchor a summer season that brings anglers, paddlers, and houseboat crews to these waters, with small hospitality operations stepping up during peak months. Year-round, residents often blend multiple income streams: a trade ticket or field rotations, a sideline in maintenance or fabrication, and seasonal work tied to tourism or land stewardship. Public-sector roles in education, healthcare, and municipal services are typically concentrated in nearby service centres, and many workers commute for retail, administrative, and professional positions supported by those hubs. Remote work has become more common as rural internet expands, making it feasible for some to pair a home office with a lifestyle oriented toward the lake and forest.
Neighbourhoods & Lifestyle
Faust is compact, with a handful of streets that quickly give way to treed acreages, lakeside cabins, and seasonal RV sites. The housing mix runs from modest single-family homes to bungalow-style cottages and waterfront retreats tucked behind windbreaks of spruce and aspen. Neighbourhood-hopping is easy with nearby communities like Slave Lake and High Prairie. Many residents prize the hamlet for its balance: you can launch a boat within minutes of your driveway, yet the community stays quiet enough that starry nights and loons calling on the lake are part of the regular soundtrack. Local life revolves around the marina, community hall gatherings, and seasonal events that follow the calendar of fishing, hunting, and holiday weekends. For families, school bussing and recreation programs are coordinated at a regional level, and it's common to drive to larger centres for swimming pools, rinks, and specialty services, then return home for the slower pace that defines living in Faust. Dogs, snowmachines, and pickup trucks are part of daily life, and the trails that criss-cross the nearby crown lands offer easy access to berry picking, birding, and winter rides. Whether you're full-time or a frequent weekender, the social fabric is woven through waves at the boat launch, neighbourly help with snow or firewood, and spontaneous potlucks on sunny decks.
Getting Around
Faust sits just off a major east-west highway that threads along the south shore of Lesser Slave Lake, making driving the primary way of getting around. Within the hamlet, local roads are straightforward and typically well-maintained, though winter brings packed snow and the need for good tires and a patient approach to travel. For broader commuting and day trips, consider close-by hubs such as Swan Hills and Whitecourt. There is no formal local transit, so residents rely on personal vehicles, carpooling, and occasional intercity bus services that align with regional demand. Summer opens up the lake as a parallel "road" of sorts: boats head out early to catch calm water, and houseboats linger in sheltered bays. In winter, snowmobile routes become unofficial connectors between communities, though riders should always be mindful of ice conditions and trail etiquette. For air travel, regional airports in larger centres to the east and west provide charter and scheduled options, with major-city connections accessible via longer highway drives.
Climate & Seasons
Northern Alberta's continental climate shapes the year in Faust with pronounced seasons. Summers are bright and long, with warm afternoons that stretch into golden evenings on the dock-ideal for trolling the lake, launching a canoe at first light, or settling into a lawn chair while thunderstorms rumble across the water. Fall moves quickly: birch and poplar leaves turn to headlights of gold, migratory birds sweep along the shoreline, and anglers switch tactics as the water cools. Winter settles in deeply, bringing crisp days, clear nights, and snow that remakes the landscape into a playground for ice fishing, cross-country skiing, and snowmobiling. On still mornings, you can hear augers buzzing across the ice and see shacks clustering in favoured bays; when the wind picks up, shelterbelts and community nooks become welcome breaks from the chill. Spring arrives with a rush, and the lake breaks up, creeks run fast, and trails reappear under the retreating snow. The shoulder seasons can be muddy, so rubber boots earn their keep, but they also offer some of the best wildlife watching of the year. Across all seasons, the lake moderates extremes a touch and drives micro-weather: fog rising off calm water, squalls that pass quickly, and glassy, unforgettable evenings. If you're planning "things to do" by season, anchor your calendar to the rhythms of the lake-opener weekends for fishing, berry patches ripening in warm hollows, and first-safe ice marked by familiar tracks leading to secret spots.
Market Trends
Faust's housing market is small and localized. The median detached sale price in Faust is $284K, which gives a snapshot of where detached homes are trading and is a key signal for Faust Market Trends.
A "median sale price" is the mid-point of all properties sold in a given period: half of the sold properties went for more and half went for less. Looking at the median helps you understand typical pricing in Faust without being skewed by unusually high or low sale prices.
Current availability reflects the market size: there is 1 detached listing active in Faust at the moment.
For a clear view of conditions in Faust, review local market statistics regularly and consult with a knowledgeable local agent who can interpret trends for your situation.
Browse detached homes, townhouses, or condos on Faust's MLS® board; using alerts can help surface new Faust Real Estate Listings as they appear.
Nearby Cities
Home buyers in Faust often explore surrounding communities for different property and lifestyle options. Nearby locations to consider include Slave Lake, Swan Hills, High Prairie, Sunset Beach and Athabasca.
Each community has its own market characteristics and amenities, so visiting multiple areas can help you find the right fit near Faust.
Demographics
Faust is a small, close-knit community whose population typically includes families, retirees, and local professionals. The pace is relaxed and community-oriented, reflecting a rural Alberta setting with local services and social activities geared toward neighbors and long-standing residents.
Housing in the area is largely made up of detached single-family homes, with some condos and rental options for those seeking lower-maintenance or more flexible arrangements. Prospective buyers looking to buy a house in Faust should expect a predominantly rural feel with access to open space and a quieter lifestyle compared with urban centers.