Centennial, Sherwood Park - September 2026 Real Estate Report

Centennial, Sherwood Park: Your Neighbour Just Got a Very Interesting Number

The Vibe - What Is Actually Happening Out Here

If you have been watching the "For Sale" signs in Centennial, Sherwood Park, here is the honest picture. The market is not crashing, but it is not standing still either. Depending on what you own, the story looks pretty different right now - and that gap matters for your next move.

Houses: Strong Bones, Short-Term Dip

Our houses are sitting at an average HonestDoor Price of $10,371,000. That number is down 8.47% from the previous period, so yes, we are taking a breather. But here is the part worth paying attention to: the predicted market value is already climbing to $11,330,175 - well above the 3-month moving average of $10,206,492. The market is signalling a rebound, not a retreat.

• Average HonestDoor Price: $10,371,000
• Predicted Market Value: $11,330,175
• 3-Month Moving Average: $10,206,492
• Recent Value Change: +16.11%
• Growth Rank: 2 out of 53 neighbourhoods in Sherwood Park
• Estimated Monthly Rent: $18,898
• Rental Yield: 2.03%
• Airbnb Rank in Sherwood Park: 3rd
• Airbnb Income Potential: $939 per month (or $900 per night)

That growth rank is the number to bookmark. Second out of 53 neighbourhoods means Centennial houses are near the top of the Sherwood Park leaderboard right now. For context, nearby Yellowhead East Sherwood Business Park prices sit at $11,281,450 - slightly ahead of us - but we are running close. Centennial Wetlands at $4,514,500 and Millennium Business Park at $3,911,858 are not in the same conversation.

Condos: Steady, Solid, and Quietly Competitive

Our condos tell a calmer story. The average HonestDoor Price is $283,800, down 5.93% recently. But the predicted value has already moved to $301,700, ahead of the 3-month moving average of $290,033. That upward momentum is real.

• Average HonestDoor Price: $283,800
• Predicted Market Value: $301,700
• 3-Month Moving Average: $290,033
• Recent Value Change: +3.93%
• Growth Rank: 6 out of 37 neighbourhoods in Sherwood Park
• Estimated Monthly Rent: $1,620
• Rental Yield: 4.19%
• Airbnb Income Potential: $80 per month

A 4.19% rental yield on condos is genuinely decent. If you are a condo owner thinking about renting rather than selling, that number says your unit is pulling its weight. The growth rank of 6 out of 37 puts us firmly in the top tier for condo neighbourhoods across Sherwood Park. Nearby Palisades is sitting at $301,952 - essentially neck and neck with our predicted value of $301,700. We are competitive.

The Secret Sauce - Why Your HonestDoor Price Beats Waiting for a Tax Notice

Here is the thing about your city assessment: it is a snapshot from months ago, calculated on a formula that does not care what buyers are actually offering on your street right now. The HonestDoor Price is updated in real time, pulling from live market signals. That is the difference between knowing what your home was worth and knowing what it is worth today.

For Centennial house owners specifically, that gap is significant. The city assessment is not going to reflect a 16.11% recent value change or a predicted value of $11,330,175. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check you need before you trust a static government number.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Centennial and you are thinking about listing this summer, the timing conversation is interesting. Yes, the HonestDoor Price dipped 8.47%. But the predicted value is already recovering above $11 million, and a growth rank of 2 out of 53 means buyer interest in this neighbourhood is not going away. Sellers who price sharp and move quickly are in a better position than those who wait for the market to do the work for them.

For condo owners, the rental yield story is worth considering before you list. At 4.19%, holding and renting is a legitimate option - not just a fallback. But if selling is the goal, being in the top 6 out of 37 neighbourhoods for growth gives you a real talking point with buyers who are comparing options across Sherwood Park.

Bottom line: Centennial is not a neighbourhood that needs hype. The numbers speak for themselves. Pull your HonestDoor Price today, compare it to your last assessment, and you will immediately see why waiting for the city to catch up is not a strategy.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.