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Houses Sold in The Lakes (Morinville) — What Buyers Paid

Track the market value of homes in The Lakes (Morinville). See sold history and average home prices for 2026.

Homes sold (last 365 days)

4

Median sold price

$456,700

Average time to sell

19 days

Data last updated: Just now

Finding accurate comps for The Lakes (Morinville) is essential whether you're buying or selling. Our MLS® past sales data shows you exactly what homes sold for — giving you the comparable sales you need to price correctly.

View property values in The Lakes (Morinville), see the average home price for 2026, and understand what drives market value in this area. This is the MLS® sold real estate data that smart buyers and sellers use.

The Lakes (Morinville) Sold Data Overview

Over the past 2 years, 15 homes have sold in The Lakes (Morinville), Morinville, with a median sold price of $441K. Sale prices have ranged from $385K to $540K. The typical home sells in 25 days, showing a balanced market. Homes are selling at 98.3% of their list price — very close to asking price. The most common property types sold include Single Family (15).

4 Recently Sold Homes in The Lakes (Morinville) (Last 365 days • Updated February 24, 2026 at 3:14 PM)

Showing 4 of 4. Sold details require a verified account.

View all 15 on the map

What's Happening in The Lakes (Morinville) Real Estate

Understand pricing, negotiation leverage, and market velocity based on recent sales.

Median Sold Pricen=15

$441,000

Avg: $456,127

Range: $385,000$540,000

Sold % of Askingn=15

98.3%

Homes selling near asking

Avg Time to Selln=4(3-mo avg)

18 days

Hot Market
3-mo avg
Avg $/Sqftn=15

$267

15 homes sold

Click a property type to view its trends in the chart below:

All Property Types

(click to filter chart)

2-Year Market Trends: All Property Types

(10 months)
$540k$465k$390k
A
M
J
J
A
S
N
F
M
A
Apr 2024: $389,500+14.4% changeApr 2025: $445,500

Negotiation & Cost Insights

Sold Above Asking

7%

93% sold below

Home Size Range

1,3122,304

sq ft

Price Spread

±$52,603

standard deviation

15

Homes sold (last 2 years)

2

Currently for sale

Months of Inventory (MOI)

Absorption Rate (30d)

2

New in February 2026

0 vs 0

Sold count (last 30 vs prior 30): 0.0%

Median price: $0 vs $0 (0.0%)

The Lakes (Morinville) vs Morinville

The Lakes (Morinville) median sold price

$456,700

4 sold in last 365 days

Morinville median sold price

$389,900

17 sold in last 30 days

Neighbourhood Guide: The Lakes (Morinville), Morinville

Neighbourhood Overview

The Lakes is a family-friendly, master-planned community in the northeastern quadrant of Morinville, Alberta. Built around a picturesque man-made lake, this neighbourhood offers a tranquil, small-town atmosphere while remaining just a short drive from the amenities of St. Albert and Edmonton. Featuring single-family homes and tree-lined pathways, it appeals to young families and those seeking a quieter pace of life, with average sold prices around $456,127.

Location

Located approximately 10 minutes north of St. Albert's city limits, The Lakes provides quick access to Highway 2 for an easy commute into the Greater Edmonton Area. Situated in Morinville's northeast corner, the community connects seamlessly to the town's charming downtown core.

Housing Character

The real estate landscape in The Lakes is defined primarily by mid-range, single-family homes. Properties often feature modern architectural styles with attached garages, and many premium lots back directly onto the community's stormwater lake or park spaces. Currently, homes in the area spend an average of 18 days on the market.

Schools & Education

Families in The Lakes have access to several local educational options. Students are served by both the Sturgeon Public School Division and Greater St. Albert Catholic Schools. St. Kateri Tekakwitha Academy, a newer elementary and middle school, is located just moments away in the adjacent Westwinds community, while Morinville Community High School is also easily accessible.

Transit & Access

Public transit options within Morinville are highly limited, making The Lakes a car-dependent neighbourhood. Commuters rely primarily on personal vehicles and Highway 2 for direct, efficient driving access to St. Albert, Edmonton, and surrounding industrial hubs.

Shopping & Dining

Residents enjoy the convenience of Morinville’s local commercial district. The nearby downtown core offers grocery stores, banks, independent boutiques, and casual dining options ranging from local pubs to quick-service restaurants. For major retail excursions, the extensive shopping centres of St. Albert are less than a 15-minute drive away.

Parks & Recreation

Outdoor living is a central focus of The Lakes, which features its namesake stormwater lake surrounded by paved, year-round walking trails. The neighbourhood is just a short distance from the Morinville Leisure Centre, a premier facility boasting an NHL-sized arena, fitness centre, and indoor track. Additionally, residents are close to the town's splash park, baseball diamonds, and a fully fenced off-leash dog park.

Lifestyle & Community

The lifestyle in The Lakes combines the safety and tight-knit community feel of a small prairie town with the modern comforts of a master-planned subdivision. With ample green space, community-wide events like the annual Morinville Festival Days, and local recreational leagues, it provides an active and engaged family-oriented environment.

Explore nearby neighbourhoods

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Frequently Asked Questions

The median sold price in The Lakes (Morinville) is $441,000 based on 15 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Website provided by Kelly Grant

Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

The MLS® System Data is made available from the REALTORS® Association of Edmonton.

Days on hômm and market statistics values are calculated by hômm based on values provided in the REALTORS® Association of Edmonton listing data feed.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

*Sold date and price are as reported on the RAE's MLS® system.

Listing information last updated on February 24, 2026 at 3:00 pm (America/Edmonton)

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