Question 1

What is the median sold price in Westlock?

Accepted Answer

The median sold price in Westlock is $242,450 based on 186 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 Westlock?

Accepted Answer

The average sold price in Westlock is $236,106. Note that the average ($236,106) is lower than the median ($242,450), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Westlock?

Accepted Answer

Home prices in Westlock range from $17,000 to $565,000 based on recent sales data. This $548,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Westlock selling above or below asking price?

Accepted Answer

On average, homes in Westlock are selling at 96.5% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Westlock?

Accepted Answer

Homes in Westlock are selling in an average of 70 days. This indicates a buyer's market with more negotiating power for purchasers. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Westlock?

Accepted Answer

The average price per square foot in Westlock is $204. 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 $408,000.

Question 7

How active is the real estate market in Westlock?

Accepted Answer

The Westlock market has seen 186 home sales over the past 2 years, with 31 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

How many new listings are coming to market in Westlock?

Accepted Answer

There have been 14 new listings in Westlock 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 Westlock?

Accepted Answer

The most common property types selling in Westlock are: single family (165 sold, avg $249,639), condo (10 sold, avg $223,930), land lease community (5 sold, avg $51,240). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do condos cost in Westlock?

Accepted Answer

Condos and apartments in Westlock are selling for an average of $223,930, with 10 sales over the past 2 years. Condos typically offer a more affordable entry point into the Westlock market.

Question 11

Are home prices rising or falling in Westlock?

Accepted Answer

Home prices in Westlock have increased by 67.2% over the past 2 years. The average sold price moved from $182,000 to $304,333. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 12

Is Westlock a buyer's or seller's market?

Accepted Answer

Based on current data, Westlock is a buyer's market. Homes are selling in 70 days on average and at 96.5% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 13

What percentage of homes sell above asking price in Westlock?

Accepted Answer

In Westlock, 8% of homes sold above asking price, while 82% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 14

What size homes are selling in Westlock?

Accepted Answer

Homes selling in Westlock range from 537 to 2,877 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 15

How much do home prices vary in Westlock?

Accepted Answer

Westlock shows moderate price diversity with a standard deviation of $119,408 around the average price of $236,106. This wide range indicates a diverse market with options at many price points.

Question 16

Where can I find recently sold homes in Westlock?

Accepted Answer

You can view a comprehensive list of houses sold in Westlock 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 17

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 18

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 Westlock.

Recently Sold Homes in Westlock

Westlock Sold Data Overview

3 Recently Sold Homes in Westlock (Last 30 days • Updated February 24, 2026 at 1:32 PM)

Understanding the Westlock Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

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