Sherwood Park Real Estate

Refine your Sherwood Park real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Sherwood Park.

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Home Prices in Sherwood Park

The asking price of homes for sale in Sherwood Park has decreased -0.01% since May last year, while the number of homes for sale has decreased -41.39%. See more Sherwood Park Home Prices & Values.

House
Median Asking Price
$465K
116 Houses
Townhouse
Median Asking Price
$350K
40 Townhouses
Condo
Median Asking Price
$270K
35 Condos

Find Real Estate & MLS® Listings in Sherwood Park

Zolo has the most thorough, up-to-date set of Sherwood Park real estate listings. Right now, Sherwood Park has 206 homes for sale, including 103 houses, 31 condos, and 33 townhouses listed for sale. The average sold price for all home types in Sherwood Park is $403K, which is -3% lower than May 2019. See our Sherwood Park housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

Sherwood Park is home to 27 unique neighbourhoods. With Zolo you'll be able to find the fastest selling Sherwood Park neighbourhoods, the best schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

MLS® Listing data for Sherwood Park is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Sherwood Park real estate agents to get started on landing your dream home today.

Sherwood Park City Guide

92K
Population
12.1%
Population Growth
4%
Unemployment

Located in Alberta, the city of Sherwood Park has a population of 92,490. The 12.1% population growth for this city is average when compared to other Canadian cities.

There are 8.86% of immigrants in in Sherwood Park, 1.23% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 2% of residents reporting it as their mother tongue. The largest cultural community within Sherwood Park is English at 30%, followed by Canadian at 24% and German at 24%.

Sherwood Park offers good employment opportunities with an unemployment rate that sits near 4%, which is below average when compared to other cities. Approximately 59% of residents hold a university degree. Residents can expect an exceptional quality of life in Sherwood Park based upon an above average median family income of $110,170.

According to Statistics Canada 94% of Sherwood Park residents drive. About 10% of residents that are already established within the city will move within a year, while 36% will move within five years.

Sherwood Park's population is higher than average when it comes to homeownership, with 90% owning a home and 10% renting. The median monthly mortgage cost is estimated to be about $1,392, which is above average when compared to renters in other Canadian cities.

In the Canadian real estate context, Sherwood Park is a good place to to buy a home.

Neighbourhoods

Sherwood Park is recognized as the city for excellent localities. To guide you to discover the most acquire area to stay consider each of Sherwood Park's 27 neighbourhoods. Better still, spend the weekend inspecting open houses in Sherwood Park. Ask the agent on duty about the area. Their local knowledge will assist in narrowing down the best spot to set up roots in the Canadian real estate market.

Neighbourhood
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Strathcona Village 100% 0% $334K 2
2Estates Of Sherwood 50% 0% $585K 3
3Durham Town Square 33% 0% $274K 3
4Emerald Hills 25% 0% $256K 8
5Foxhaven 25% 0% $424K 3

Nearby Cities

A large proportion of expectant homeowners decide properties for sale in neighbourhoods that are further from Sherwood Park's downtown core. Suburban areas usually offer larger homes on larger lots. For even more options, consider commuting into Sherwood Park's core from a nearby city, such as Edmonton, , and . Even neighbouring cities that require a bit of a longer commute, such as , , and , are good options as they proffer excellent housing options, often at more economical prices.

City
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1Bruderheim 25%0%$09
2Redwater 10%20%$207K10
3Morinville 9%12%$292K84
4Gibbons 12%0%$238K30
5Sherwood Park 9%6%$409K211

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Sherwood Park’s demographics, including median age, schools and income, using census information from Statistics Canada.

10%
Rent
90%
Own
$1,303
Monthly Rent (Median)
$1,392
Monthly Mortgage (Median)
26,595
Total Families
$110,170
Family Income (Median)
39
Age (Median)
59%
College Educated

Schools

For those interested in buying Canadian real estate in order to raise a family, take heart: Sherwood Park is home to top-rated elementary and secondary schools. To help you narrow down your Sherwood Park housing market search, here’s the top five schools in each category. (Learn more in our school guide.)

Elementary Schools

8.7 Strathcona Christian
8.3 Wye
7.5 Colchester
7.4 Pine Street
7.3 Glen Allan

Secondary Schools

8.1 Strathcona Christian
7.5 Archbishop Jordan
7.2 Bev Facey
6.2 Salisbury

Commuters

According to Statistics Canada, residents in Sherwood Park use a variety of ways to get around.

94%
Drive
4%
Transit
0%
Bike
2%
Walk

FAQs About Sherwood Park Real Estate

According to current Sherwood Park MLS© statistics, the average home listing price in Sherwood Park, AB is $460,000. Based on Sherwood Park housing inventory, the average home is listed on the market for 54 days and has a 97.6% selling to listing price ratio.

Based on current Sherwood Park MLS© data, the average detached house in Sherwood Park, AB has a listing price of $492,000. In Sherwood Park, detached houses are on the market for 48 days on average.

According to current Sherwood Park MLS© data, the average condo in Sherwood Park, AB has a listing price of $280,000. In Sherwood Park, the average price for a 2-bedroom condo is $292,000 and the average price for a 1-bedroom condo is $238,000.

In Sherwood Park, AB, the most expensive neighbourhoods to buy a home include Estates Of Sherwood, The Ridge, Heritage Hills and Craigavon. Estates Of Sherwood is the most expensive neighbourhood in Sherwood Park with an average home price of $708,000.

The cheapest neighbourhoods to buy a home in Sherwood Park include Broadmoor Estates, Centre In The Park, Emerald Hills and Durham Town Square. Broadmoor Estates is the most affordable neighbourhood in Sherwood Park with an average home price of $227,000.

The closest cities to Sherwood Park, AB include Rural Strathcona County, Rural Two Hills County, Fort Saskatchewan and Edmonton. Out of the nearby Sherwood Park cities, Rural Strathcona County has the highest average home price of $871,000 and Edmonton has the most affordable average home price of $468,000.

The average townhouse in Sherwood Park has an average listing price of $364,000, which represents a 3.3% change in price from last year. There are currently 41 townhouses for sale in Sherwood Park, AB.

According to Statistics Canada Census data, the median total household income in Sherwood Park is $110,170 per year, which is above the national median income of $67,000 per year.

sherwood-park
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association nor Zolo.