Sylvan Lake Real Estate

  • 208 homes for sale in Sylvan Lake, AB.

  • $52,000 to $7,911,200
  • $470,389 Avg List

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

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  1. Canada
  2. AB
  3. Sylvan Lake

Home Prices in Sylvan Lake

The asking price of homes for sale in Sylvan Lake has decreased -6.29% since May last year, while the number of homes for sale has decreased -34.6%. See more Sylvan Lake Home Prices & Values.

House
Median Asking Price
$387K
72 Houses
Townhouse
Median Asking Price
$250K
25 Townhouses
Condo
Median Asking Price
$222K
8 Condos

Find Real Estate & MLS® Listings in Sylvan Lake

Zolo has the most thorough, up-to-date set of Sylvan Lake real estate listings. Right now, Sylvan Lake has 23 homes for sale, including 112 houses, 11 condos, and 36 townhouses listed for sale.

With Zolo you'll be able to find the hottest Sylvan Lake neighbourhoods, the top 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 Sylvan Lake is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Sylvan Lake real estate agents to get started on landing your dream home today.

Sylvan Lake City Guide

12K
Population
20.3%
Population Growth
7%
Unemployment

Located in Alberta, the city of Sylvan Lake has a population of 12,327. The 20.3% population growth for this city is average when compared to other Canadian cities.

There are 4.47% of immigrants in in Sylvan Lake, 1.14% 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 Sylvan Lake is Canadian at 29%, followed by English at 29% and German at 23%.

Sylvan Lake offers good employment opportunities with an unemployment rate that sits near 7%, which is average when compared to other cities. Approximately 52% of residents hold a university degree. Residents can expect good quality of life in Sylvan Lake based upon an average median family income of $83,952.

According to Statistics Canada 93% of Sylvan Lake residents drive. About 19% of residents that are already established within the city will move within a year, while 59% will move within five years.

Sylvan Lake's population is average when it comes to homeownership, with 78% owning a home and 22% renting. The median monthly mortgage cost is estimated to be about $1,560, which is average when compared to renters in other Canadian cities.

In the Canadian real estate context, Sylvan Lake is a good place to establish a foothold in the real estate market.

Nearby Cities

A large number of would-be homeowners opt homes for sale in communities that are further from Sylvan Lake's downtown core. Suburban areas usually offer larger homes on larger lots. For even more options, consider commuting into Sylvan Lake's core from a nearby city, such as Rimbey, , and . Even neighbouring cities that require a bit of a longer commute, such as , , and , are good options as they provide great housing options, often at more attractive prices.

City
(Top 5)
Active listings
1Sylvan Lake 138
2Norglenwold 4
3Jarvis Bay 4

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 Sylvan Lake’s demographics, including median age, schools and income, using census information from Statistics Canada.

22%
Rent
78%
Own
$1,147
Monthly Rent (Median)
$1,560
Monthly Mortgage (Median)
3,345
Total Families
$83,952
Family Income (Median)
32
Age (Median)
52%
College Educated

Schools

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

Secondary Schools

5.7 H. J. Cody

Commuters

According to Statistics Canada, residents in Sylvan Lake use a variety of ways to get around.

93%
Drive
1%
Transit
0%
Bike
5%
Walk

FAQs About Sylvan Lake Real Estate

According to current Sylvan Lake MLS© statistics, the average home listing price in Sylvan Lake, AB is $470,000.

Based on current Sylvan Lake MLS© data, the average detached house in Sylvan Lake, AB has a listing price of $405,000. In Sylvan Lake, detached houses are on the market for 0 days on average.

According to current Sylvan Lake MLS© data, the average condo in Sylvan Lake, AB has a listing price of $194,000. In Sylvan Lake, the average price for a 2-bedroom condo is $198,000 and the average price for a 1-bedroom condo is $0.

In Sylvan Lake, AB, the most expensive neighbourhoods to buy a home include None. None is the most expensive neighbourhood in Sylvan Lake with an average home price of $1,349,000.

The cheapest neighbourhoods to buy a home in Sylvan Lake include None and None. None is the most affordable neighbourhood in Sylvan Lake with an average home price of $1,349,000.

The closest cities to Sylvan Lake, AB include Bentley, Eckville, Penhold and Red Deer. Out of the nearby Sylvan Lake cities, Penhold has the highest average home price of $424,000 and Eckville has the most affordable average home price of $168,000.

The average townhouse in Sylvan Lake has an average listing price of $302,000, which represents a 8.3% change in price from last year. There are currently 30 townhouses for sale in Sylvan Lake, AB.

According to Statistics Canada Census data, the median total household income in Sylvan Lake is $83,952 per year, which is above the national median income of $67,000 per year.

In Sylvan Lake, AB, fewer people rent their homes than own at 22.4% rent versus 77.6% own. The median monthly rent price is $500,000 per month versus the median monthly mortgage of $1,500 per month.

sylvan-lake
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.