Lakeland Ridge

Sherwood Park, Alberta, Canada

Market snapshot

As of August 12, 2026, the median asking price in Lakeland Ridge, Sherwood Park is $537,450, across 8 active MLS® listings.

Those listings have been on the market an average of 26 days.

5 new listings came to market in Lakeland Ridge in the last 30 days.

Asking prices work out to about $371 per square foot, based on the 8 listings that report floor area.

Newer streets, easygoing family rhythms

About Lakeland Ridge

Lakeland Ridge sits on Sherwood Park’s east side with the feel of a neighbourhood that was designed all at once: curving residential streets, pockets of green space, and a steady backdrop of attached garages and newer façades. It’s a place where evenings skew quiet, dog walks happen in loops around playgrounds, and the biggest “traffic” is often the after-school pickup line.

The community’s resident mix leans young—first-time buyers stretching into a duplex, and move-up families landing in a larger single-detached home without the renovation drama that comes with older stock. With a Walk Score around 50, daily life is practical rather than quaint: you can run some errands nearby, but most routines are car-based, with quick hops to groceries, services, and big-box convenience along Wye Road and into Emerald Hills.

Real estate here is defined by newer construction and a suburban consistency that appeals to buyers who value predictable upkeep, modern layouts, and parks within a few blocks. Inventory is typically weighted to single-family homes and duplexes, with some townhomes offering a lower-maintenance entry point. Prices and competition tend to track broader Sherwood Park conditions—sensitive to interest rates and Edmonton-area job confidence—while Lakeland Ridge holds its own for buyers prioritizing “newer and quieter” over heritage charm.

Market pulse

Lakeland Ridge currently has 5 active listings with a median asking price of $365,000, averaging $323 per square foot and about 21 days on market, suggesting homes are moving at a steady pace. With 4 new listings in the past 30 days, fresh inventory is coming on quickly, giving buyers some choice while signaling to investors that demand is keeping up in this price band.

Getting around

Walk Score 50 · Bike Score 69

Frequently asked questions about Lakeland Ridge

What is the average home price in Lakeland Ridge?

The median asking price in Lakeland Ridge, Sherwood Park is $537,450, across 8 active MLS® listings as of August 12, 2026. The average asking price is $516,838. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Lakeland Ridge?

There are 8 active MLS® listings in Lakeland Ridge, Sherwood Park as of August 12, 2026. 5 of them came to market in the last 30 days.

How long do homes stay on the market in Lakeland Ridge?

Homes currently listed in Lakeland Ridge, Sherwood Park have been on the market an average of 26 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

Is Lakeland Ridge walkable?

Lakeland Ridge has a Walk Score of 50 out of 100, which Walk Score classifies as Somewhat Walkable — some errands can be accomplished on foot. Bike Score is 69.

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How these figures are calculated