Are real estate prices rising or falling in Spruce Grove?

The market has shown steady and methodical price appreciation over the past few years. Sustained buyer demand, combined with controlled residential growth and expanding amenities, has supported stable property values. Currently, extreme price volatility is rare, providing a reliable environment for both buyers and sellers to navigate.

How long are recently sold homes sitting on the market?

Desirable properties priced accurately tend to move efficiently. The 62 days indicates a healthy pace where homes do not linger indefinitely. While specific timelines vary by neighborhood and property type, buyers should be prepared to act decisively when a well-maintained home hits the local MLS® system.

What types of homes are selling most in the city?

Detached single-family homes with attached garages represent the bulk of residential transactions. These properties are highly sought after by families looking for more space. Additionally, newer developments featuring townhomes, duplexes, and zero side yard designs are increasingly popular, offering diverse entry points into the community.

How does Spruce Grove compare to neighbouring housing markets?

Spruce Grove offers excellent relative value compared to the premium pricing often found in Edmonton's west end. Buyers benefit from modern construction, cohesive community planning, and family-oriented amenities. The 2,243 total transactions demonstrate strong regional appeal for those seeking a balance of lifestyle, affordability, and accessibility.

Recently Sold • Alberta

Recently Sold Homes in Spruce Grove

Discover what homes are worth in Spruce Grove. Browse MLS® sold listings and track average home prices for 2026.

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Homes sold in the last 30 days

103

Typical sale price

$464,900

Average time to sell

65 days

Data last updated: 8 hours ago

How much are homes selling for in Spruce Grove? Our MLS® sold listings database tracks every sale — from single-family houses to condos, townhouses, duplexes, and even luxury properties. Browse 2 years of sale history across every property type.

Use this sold real estate data to understand the market, find comparable sales, and know the average home price in Spruce Grove for 2026. Whether you're buying or selling, access to MLS® sold data gives you the edge.

Spruce Grove Sold Data Overview

Over the past 2 years, 2,243 homes have sold in Spruce Grove, with a median sold price of $451K. Sale prices have ranged from $18K to $5.50M. The typical home sells in 29 days, showing a balanced market. Homes are selling at 99.3% of their list price — very close to asking price. Median property taxes in the area run approximately $3,038 annually. The most common property types sold include Detached Single Family (1950), Condo (RAE) (256), Land Lease Community (22).

Recently Sold in Spruce Grove

103 homes sold in the last 30 days. Showing 6 of 103 • Updated August 28, 2026 at 2:26 AM

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$500K – $600K

2026

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$500K – $600K

2026

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$600K – $700K

2026

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$500K – $600K

2026

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$300K – $400K

2026

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$700K – $800K

2026

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Spruce Grove Price Trends & Sale Statistics

See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.

Median Sold Pricen=2,243

$450,535

Avg: $469,169

Range: $18,000 – $5,500,000

Sold % of Askingn=2,243

99.3%

Homes selling near asking

Avg Time to Selln=204(weighted)

62 days

Buyer's Market

weighted avg

Avg $/Sqftn=2,243

$294

2,243 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

(26 months)

$525k$477k$429k

J25

J26

Aug 2024: $447,615+16.2% changeSep 2026: $520,000

Negotiation & Cost Insights

Sold Above Asking

25%

61% sold below

Median Property Tax

$3,038/yr

Avg: $3,212

Home Size Range

353 – 3,839

sq ft

Price Spread

±$187,207

standard deviation

2,243

Homes sold (last 2 years)

616

Currently for sale

6.0

Months of Inventory (MOI)

16.6%

Absorption Rate (30d)

254

New in August 2026

102 vs 112

Sold count (last 30 vs prior 30): -8.9%

Median price: $461,450 vs $457,450 (+0.9%)

Neighbourhood Sold Data

Browse recently sold homes by neighbourhood.

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See homes for sale in Spruce Grove

616 active MLS® listings · $472,893 median. See what's on the market today.

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Frequently Asked Questions

Property values in Spruce Grove generally sit in the mid-range for the Edmonton Metropolitan Region. The $469,169 reflects a diverse mix of housing, dominated by newer, detached single-family homes. Pricing remains accessible compared to larger neighboring urban centers, drawing consistent interest from families and first-time buyers alike.

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

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 August 28, 2026 at 10:00 am (America/Edmonton)

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