Question 1

What is the median sold price in Sherwood Park?

Accepted Answer

The median sold price in Sherwood Park is $476,991 based on 2,831 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.

Question 2

What is the average home price in Sherwood Park?

Accepted Answer

The average sold price in Sherwood Park is $487,910. Note that the average ($487,910) is higher than the median ($476,991), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Sherwood Park?

Accepted Answer

Home prices in Sherwood Park range from $51,000 to $1,930,000 based on recent sales data. This $1,879,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Sherwood Park selling above or below asking price?

Accepted Answer

On average, homes in Sherwood Park are selling at 100.1% of their asking price. This means homes are selling at or above asking price. Buyers should be prepared for competitive offers.

Question 5

How long do homes take to sell in Sherwood Park?

Accepted Answer

Homes in Sherwood Park are selling in an average of 54 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Sherwood Park?

Accepted Answer

The average price per square foot in Sherwood Park is $326. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $652,000.

Question 7

How active is the real estate market in Sherwood Park?

Accepted Answer

The Sherwood Park market has seen 2,831 home sales over the past 2 years, with 284 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

How many new listings are coming to market in Sherwood Park?

Accepted Answer

There have been 125 new listings in Sherwood Park during February 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Sherwood Park?

Accepted Answer

The most common property types selling in Sherwood Park are: single family (2,088 sold, avg $548,978), condo (678 sold, avg $332,037), mobile homes (34 sold, avg $127,718). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Sherwood Park?

Accepted Answer

Detached homes in Sherwood Park are selling for an average of $504,226, with 3 sales over the past 2 years. The average price per square foot for detached homes is $335.

Question 11

How much do condos cost in Sherwood Park?

Accepted Answer

Condos and apartments in Sherwood Park are selling for an average of $332,037, with 678 sales over the past 2 years. Condos typically offer a more affordable entry point into the Sherwood Park market.

Question 12

Are home prices rising or falling in Sherwood Park?

Accepted Answer

Home prices in Sherwood Park have increased by 15.2% over the past 2 years. The average sold price moved from $437,913 to $504,375. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 13

Is Sherwood Park a buyer's or seller's market?

Accepted Answer

Based on current data, Sherwood Park is a balanced market. Homes are selling in 54 days on average and at 100.1% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 14

What percentage of homes sell above asking price in Sherwood Park?

Accepted Answer

In Sherwood Park, 36% of homes sold above asking price, while 53% sold below asking. This indicates a competitive market where bidding wars are common.

Question 15

What are the average property taxes in Sherwood Park?

Accepted Answer

The average annual property tax in Sherwood Park is $3,352, with a median of $3,208. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 16

What size homes are selling in Sherwood Park?

Accepted Answer

Homes selling in Sherwood Park range from 537 to 4,137 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 17

How much do home prices vary in Sherwood Park?

Accepted Answer

Sherwood Park shows relatively consistent pricing with a standard deviation of $171,255 around the average price of $487,910. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 18

Where can I find recently sold homes in Sherwood Park?

Accepted Answer

You can view a comprehensive list of houses sold in Sherwood Park right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 19

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 20

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Sherwood Park.

Sherwood Park Sold House Prices & Market Data

Sherwood Park Sold Data Overview

70 Recently Sold Homes in Sherwood Park (Last 30 days • Updated February 24, 2026 at 11:46 AM)

Sherwood Park Price Trends & Sale Statistics

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2-Year Market Trends: All Property Types

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