Maple Grove, Sherwood Park - August 2026 Real Estate Report

Maple Grove, Sherwood Park: Prices Are Dipping, But Houses Are Flying Off the Market

The Vibe Right Now

If you've been watching the "For Sale" signs in Maple Grove lately, here's what's actually happening. The market is taking a breather on price, but homes are still moving fast - and that combination tells an interesting story for anyone thinking about their next move.

On the houses side, we're seeing an average sale price of $421,633, which is down 10.8% from last month. That sounds like a headline, but here's the context: listings are sitting at $421,567, and sellers are getting 99.88% of their asking price. Buyers are not exactly stealing homes here. The price dip is real, but the negotiating power hasn't swung wildly in either direction.

What really stands out for us locally is the days-on-market number. Houses in Maple Grove are selling in an average of 7 days. That ranks 3rd out of 26 comparable neighbourhoods in Sherwood Park for speed. That is not a slow market. That is a neighbourhood where serious buyers show up ready.

• Average sale price (Houses): $421,633 - down 10.8% from last month
• Average list price this month: $421,567
• Price per square foot: $389
• Sale-to-list ratio: 99.88%
• Properties sold this month: 3 (down 25% from last month)
• Average days on market: 7
• Days-on-market rank: 3rd out of 26 in Sherwood Park - very fast-selling

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the thing about your city assessment. It is a snapshot taken months ago, sometimes longer, using broad strokes across entire zones. It does not know what happened on your street last Tuesday when a house sold in 7 days.

The HonestDoor Price for Maple Grove homes is sitting at $478,767 right now. The predicted market value for houses specifically comes in at $484,988, and that number is actually trending upward against the 3-month moving average of $480,669. So while the monthly sale price has dipped, the forward-looking value is holding steady and nudging higher.

That gap between what the city thinks your home is worth and what the real-world market says it is worth - that is exactly why checking your HonestDoor Price right now is worth two minutes of your time. It pulls in current transaction data, not last year's numbers filed in a government office.

• Average HonestDoor Price: $478,767 (down 1.28% from previous period)
• Predicted market value (Houses): $484,988
• 3-month moving average: $480,669 - predicted value is trending above this
• Recent value change: -1.14%
• Growth rank: 19th out of 54 neighbourhoods in Sherwood Park - above average

How Maple Grove Stacks Up Against the Neighbours

Maple Grove sits in an interesting spot on the Sherwood Park neighbourhood leaderboard. We rank 19th out of 54 for growth - that puts us solidly in the upper half of the pack. On price, we rank 26th out of 32 comparable neighbourhoods, meaning Maple Grove is among the more affordable options in the area. That is not a knock - that is an entry point.

Compare that to what is happening next door. Maplewood is slightly more expensive at a predicted $503,569. Salisbury Village jumps to $533,486 for houses and an average HonestDoor Price of $795,359. Estates of Sherwood Park is in a different league entirely at $1,091,281. Maple Grove gives buyers a real foothold in Sherwood Park without the premium price tag of those neighbouring areas.

• Maplewood: HonestDoor Price $503,569 - slightly more expensive
• Salisbury Village: HonestDoor Price $795,359 - significantly higher
• Estates of Sherwood Park: HonestDoor Price $1,091,281 - premium tier

The "So What?" - Should You Sell in Maple Grove This Summer?

If you are thinking about listing this summer, here is the honest read. The monthly sale price is down, and volume is lighter with only 3 sales this month. But homes are selling in 7 days and getting nearly full asking price. That tells us demand is still real - there just are not many listings competing for those buyers.

Low inventory plus fast sales is actually a decent setup for a seller who prices correctly. You are not fighting a crowd of competing listings. The rental picture also adds a floor under values here - estimated rent of $2,467 per month and a rental yield of 5.67% means investors are paying attention to Maple Grove too. That keeps a baseline of demand in the market.

The play right now is simple. Pull your HonestDoor Price, see where your home sits against that $484,988 predicted value, and have a real conversation about timing. Do not wait for the next tax assessment to tell you what your home is worth. That number is already old by the time it arrives in your mailbox.

• Estimated monthly rent: $2,467
• Rental yield: 5.67% - strong returns for investors
• Airbnb estimate: $121 per night - ranked 49th in Sherwood Park
• Total transaction rank: 20th in Sherwood Park
• Bottom line: fast-selling, affordable entry point, with investor demand keeping a floor under prices

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.