Are property prices rising or falling in Sylvan Lake?

Over the last year, the local market has maintained stable valuation metrics. The median property transacts at $403,250, supported by steady population growth and local economic activity. Real estate trends here are generally insulated from extreme fluctuations by consistent demand from working professionals and retirees relocating to central Alberta.

How long are homes sitting on the market in Sylvan Lake?

Market velocity in Sylvan Lake is relatively moderate, allowing buyers enough time to make informed decisions without extreme pressure. Properties currently experience an 32 days duration before finalizing a sale. Well-maintained homes priced accurately to local comparables tend to be absorbed faster, especially leading into the busy summer months.

What types of homes are selling most in the area?

Detached single-family homes are the dominant property type, making up the vast majority of recently sold housing stock. With 954 transactions over the past year, buyers prioritize spacious layouts suitable for families. There is also a secondary market for townhomes and seasonal lakeside cabins.

Are buyers negotiating lower prices in Sylvan Lake?

Sellers in Sylvan Lake generally capture a high percentage of their original asking price. The current 98.3% indicates that while some negotiation occurs, steep discounts are uncommon. Buyers should expect to make competitive offers, particularly for turnkey single-family homes located close to community amenities or the waterfront.

Recently Sold • Alberta

Houses Sold in Sylvan Lake — See What Buyers Paid

View Sylvan Lake sold real estate data including townhouses, condos, and single-family homes with final sale prices.

Click any blurred sold card below to unlock the final sold price, full address, and sold date.

Search Sylvan Lake neighbourhood sold data

Know the neighbourhood? Go straight to its sold-data page.

View on map Browse neighbourhoods

Homes sold in the last 30 days

Typical sale price

$453,950

Average time to sell

37 days

Data last updated: 6 hours ago

Understanding the Sylvan Lake real estate market starts with MLS® past sales data. Our sold listings show you what houses sold for over the last 2 years — from condos and townhouses to single-family homes and luxury properties.

Use this MLS® sold real estate data to find comparable sales in your area. Whether you're pricing your home to sell or making an offer, knowing the average home price in Sylvan Lake for 2026 puts you ahead of the competition.

Sylvan Lake Sold Data Overview

Over the past 2 years, 954 homes have sold in Sylvan Lake, with a median sold price of $403K. Sale prices have ranged from $72K to $2.35M. The typical home sells in 28 days, showing a balanced market. Homes are selling at 98.3% of their list price — very close to asking price. Median property taxes in the area run approximately $3,004 annually. The most common property types sold include Detached Single Family (532), Townhouse (203), Half Duplex (97).

Recently Sold in Sylvan Lake

44 homes sold in the last 30 days. Showing 6 of 44 • Updated July 14, 2026 at 12:44 AM

View all 973 on the map

Tap any blurred sale to unlock the final sold price, full address, and sold date.

See what this home sold for

Create a free account to unlock the sold price, address, and sold date.

$600K – $700K

2026

Unlock to see full address

See what this home sold for

Create a free account to unlock the sold price, address, and sold date.

$500K – $600K

2026

Unlock to see full address

House|Lakeway Landing

5 beds

3 baths

1,254 sqft

See what this home sold for

Create a free account to unlock the sold price, address, and sold date.

$700K – $800K

2026

Unlock to see full address

See what this home sold for

Create a free account to unlock the sold price, address, and sold date.

$300K – $400K

2026

Unlock to see full address

See what this home sold for

Create a free account to unlock the sold price, address, and sold date.

Under $100K

2026

Unlock to see full address

See what this home sold for

Create a free account to unlock the sold price, address, and sold date.

$500K – $600K

2026

Unlock to see full address

Curious what your home is worth in Sylvan Lake?

These recent sales tell you what buyers are paying. Get a free, data-backed estimate for your specific home in 60 seconds.

Get my estimate

What's Happening in Sylvan Lake Real Estate

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

Median Sold Pricen=954

$403,250

Avg: $424,035

Range: $72,000 – $2,350,000

Sold % of Askingn=954

98.3%

Homes selling near asking

Avg Time to Selln=113(weighted)

32 days

Seller's Market

weighted avg

Avg $/Sqftn=954

$336

954 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

(25 months)

$470k$408k$346k

J25

J26

Jul 2024: $366,337+19.3% changeJul 2026: $437,102

Negotiation & Cost Insights

Sold Above Asking

13%

75% sold below

Median Property Tax

$3,004/yr

Avg: $3,149

Home Size Range

518 – 10,603

sq ft

Price Spread

±$177,796

standard deviation

954

Homes sold (last 2 years)

358

Currently for sale

8.1

Months of Inventory (MOI)

12.3%

Absorption Rate (30d)

New in July 2026

44 vs 47

Sold count (last 30 vs prior 30): -6.4%

Median price: $453,950 vs $417,500 (+8.7%)

Neighbourhood Sold Data

Browse recently sold homes by neighbourhood.

View sold on map

View Sylvan Lake homes for sale

358 active MLS® listings · $439,000 median. See what's on the market today.

View for sale

Get a no-obligation Sylvan Lake cash offerSkip the listing. Get a REALTOR®-assessed cash offer for your Sylvan Lake home — no fees, no staging, close on your timeline.Get my cash offer

Frequently Asked Questions

Currently, Sylvan Lake offers a mid-range pricing environment dominated by single-family detached properties. The data indicates an $424,035 for the area. Prices typically vary based on proximity to the lake, lot size, and property condition, providing options for both full-time residents and those seeking seasonal recreational properties.

Website provided by Kelly Grant

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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®).

Listing information last updated on July 14, 2026 at 7:00 am (America/Edmonton)

Sign up to see what homes actually sold for

Create a free account to see final sale prices, days on market, and price history for recently sold homes in Sylvan Lake.

See final sold prices, not just asking prices
Compare your home to recent sales nearby
Track market trends in your neighbourhood