0.4 km away
$424K
-1.5%Palisades, Sherwood Park, AB Real Estate
Home prices, sales and market activity in Palisades — prices moved +5.5% in 2024.
Avg. condo price
$251,337
+5.4%2024 vs 2023
Sales in 2026 so far
22
40 in 2025
Price rank in Sherwood Park
31st
of 54 neighbourhoods
How it ranks
Palisades among 54 Sherwood Park neighbourhoods
Most expensive
Ranked by average property price against every neighbourhood in the city.
No ranking published for this year and property type.
Fastest growing
Ranked by year-over-year price growth against every neighbourhood in the city.
No ranking published for this year and property type.
Most active
Ranked by number of recorded sales against every neighbourhood in the city.
22nd
of 54
LastAhead of 60%1st
22 sales
Market trends
How Palisades compares with Sherwood Park
Yearly averages from assessment records and recorded sales.
Average price
Palisades: $253,300
Palisades
Sherwood Park average
| Year | Palisades | Sherwood Park average |
|---|---|---|
| 2022 | $240,067 | $484,477 |
| 2023 | $240,053 | $503,967 |
| 2024 | $253,300 | $521,422 |
| 2025 | — | — |
| 2026 | — | — |
Year-over-year change
Change in average price
Palisades
Sherwood Park average
| Palisades | Sherwood Park average | |
|---|---|---|
| 2022 | +1.0% | +7.0% |
| 2023 | -0.0% | +4.1% |
| 2024 | +5.5% | +3.4% |
Sales activity
Recorded sales per year · 2026 is year to date
| Palisades | |
|---|---|
| 2022 | 39 sales |
| 2023 | 52 sales |
| 2024 | 66 sales |
| 2025 | 40 sales |
| 2026 YTD | 22 sales |
Current month
Palisades price and rent estimates
Current-month figures for Palisades, by property type.
Avg. Honestdoor price
$368,044
1.57%down from previous month
Avg. rental estimate
$1,941/mo
Sold price per sq ft
$260 / sqft
Est. gross rental yield
6.3%
Annual rent ÷ price
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Nearby
Neighbourhoods near Palisades
Closest neighbourhoods by distance, with their average house price.
0.8 km away
$340K
-12.8%1.2 km away
$422K
-1.2%1.5 km away
—
1.6 km away
$480K
+4.7%1.7 km away
$426K
-4.3%1.9 km away
$368K
+1.8%1.9 km away
$463K
-0.3%Honestdoor services
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Learn MoreAll neighbourhoods
Neighbourhoods in Sherwood Park
Largest neighbourhoods
- Summerwood
- Glen Allan
- Lakeland Ridge
- Foxboro
- Mills Haven
- Clarkdale Meadows
- Aspen Trails
- Nottingham
- Broadview Park
- Westboro
- Brentwood
- Clover Bar Ranch
View all 54 neighbourhoods A–Z
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Palisades Sherwood Park Real Estate Market Report
Discover the latest insights into the Palisades real estate market with Honestdoor's detailed report. Whether you're buying, selling, or investing, staying informed about Palisades's housing market trends is essential. Our report offers a concise overview of average property prices, growing trends, and recent transactions in this sought-after Sherwood Park neighbourhood.
Average Property Prices and Market Trends
Get up-to-date information on average property prices in Palisades, along with insights into market trends that show how this neighbourhood is evolving. Whether you're tracking price changes or looking for investment opportunities, Honestdoor's data helps you understand the dynamics of the Palisades housing market.
Rental Estimates and Sold Prices per Square Foot
By integrating Big Data, machine learning, and predictive analytics, Honestdoor provides valuable information on average rental estimates and the sold price per square foot in Palisades, offering a clear picture of the market's performance. This data is crucial for both homeowners and investors looking to maximize their returns.
Real Estate Listings in Palisades
Explore current real estate listings in Palisades to see what's available in this vibrant community. Whether you're looking for a new home or a solid investment, our listings give you access to the best properties on the market. Stay ahead in the Palisades real estate market with our comprehensive report at Honestdoor, and make informed decisions in this thriving neighbourhood.