Sherwood Park, Alberta
As of September 27, 2026, the median asking price in Lakeland Ridge, Sherwood Park is $399,702, across 11 active MLS® listings.
Those listings have been on the market an average of 34 days.
4 new listings came to market in Lakeland Ridge in the last 30 days.
Asking prices work out to about $306 per square foot, based on the 11 listings that report floor area.
Duplexes in Lakeland Ridge are listed at an average of $397,500 across 5 active listings.
Newer streets, easygoing family rhythms
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.
Lakeland Ridge currently has 11 active for-sale listings with a median asking price of $399,702 and an average of $306 per square foot, giving buyers and investors a clear read on today’s pricing expectations. Homes have been listed for an average of 32 days so far, and with 5 new listings in the past 30 days, fresh inventory is coming to market while listings are still taking about a month on average to move.
AI-written commentary on the active MLS® listing snapshot as of September 25, 2026. Not financial advice.
Walk Score 50 · Bike Score 69
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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