Sherwood Park, Alberta, Canada
As of August 12, 2026, the median asking price in Downtown, Sherwood Park is $425,000, across 1,837 active MLS® listings.
Those listings have been on the market an average of 57 days.
663 new listings came to market in Downtown in the last 30 days.
Asking prices work out to about $324 per square foot, based on the 1,710 listings that report floor area.
Detached homes in Downtown are listed at an average of $635,941 across 911 active listings.
Townhouses in Downtown are listed at an average of $277,169 across 279 active listings.
Condos in Downtown are listed at an average of $195,239 across 233 active listings.
Duplexes in Downtown are listed at an average of $499,652 across 185 active listings.
Civic heart by the lake
Downtown Sherwood Park is where Strathcona County’s day-to-day life concentrates: the civic offices, library energy, and Festival Place’s marquee nights all orbiting Broadmoor Lake’s calm, looped paths. It’s compact by suburban standards, stitched together by Wye Road and Sherwood Drive, with errands, appointments, and dinner plans often happening in the same few blocks. The feel is practical and community-forward—less “main street charm,” more “the place everyone ends up,” especially during festivals, concerts, and weekend strolls.
The residents are a mix you don’t always see in the rest of Sherwood Park: apartment and condo owners, renters, downsizers who want a low-maintenance home near services, and first-time buyers drawn to attainable multi-family options. There’s also a steady rhythm of office workers, students, and arts patrons moving through, giving the area a weekday buzz that quiets into evening events at Festival Place or lakeside walks when the weather cooperates.
Real estate here leans multi-family, with a notable share of condos and apartments—some older stock offering larger floorplans and value, alongside pockets of newer infill and updated buildings. Demand tends to be driven by convenience and lifestyle: proximity to the library, parks, medical services, and a quick hop to major roads for commuting. It’s not a “walk score” neighbourhood in the urban sense, but for Sherwood Park it’s among the easiest places to live without constant cross-town driving.
Downtown Sherwood Park is showing plenty of choice for buyers with 1,882 active for-sale listings and 749 new listings added in the past 30 days. Pricing is holding around a $424,900 median asking price and $323/sqft, while an average 55 days on market suggests a measured pace where well-priced homes can still move but investors have room to negotiate and compare options.
Walk Score 0 · Bike Score 25
The median asking price in Downtown, Sherwood Park is $425,000, across 1,837 active MLS® listings as of August 12, 2026. The average asking price is $566,022. These are list prices on homes currently for sale, not sale prices.
There are 1,837 active MLS® listings in Downtown, Sherwood Park as of August 12, 2026. 663 of them came to market in the last 30 days.
Homes currently listed in Downtown, Sherwood Park have been on the market an average of 57 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 1,837 homes currently listed in Downtown, Sherwood Park, 50% detached houses, 15% townhouses, 13% condos, 10% duplexes.
Downtown has a Walk Score of 0 out of 100, which Walk Score classifies as Car-Dependent — almost all errands require a car. Bike Score is 25.