Edmonton · Sherwood Park Area
As of September 26, 2026, the median asking price in Downtown, Edmonton is $429,900, across 1,734 active MLS® listings.
Those listings have been on the market an average of 50 days.
724 new listings came to market in Downtown in the last 30 days.
Asking prices work out to about $328 per square foot, based on the 1,725 listings that report floor area.
Detached homes in Downtown are listed at an average of $618,606 across 1,014 active listings.
Townhouses in Downtown are listed at an average of $275,752 across 257 active listings.
Condos in Downtown are listed at an average of $196,940 across 218 active listings.
Duplexes in Downtown are listed at an average of $493,794 across 200 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 currently has 1,834 active for-sale listings with a median asking price of $435,000 and an average of $326 per square foot, pointing to a broad range of options for buyers and investors to compare value. Homes have been listed for an average of 58 days so far, and with 696 new listings added in the past 30 days, fresh inventory is arriving quickly—favouring buyers’ selection and giving investors leverage to negotiate on pricing, terms, or condition.
AI-written commentary on the active MLS® listing snapshot as of September 11, 2026. Not financial advice.
Downtown covers about 1,293 km², so a single Walk Score®, Transit Score® or Bike Score® measured at one point would not describe it. How easily you can get around depends on which part of Downtown you are in — check the score for a specific address.
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. 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.
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