Maple Grove, Sherwood Park - June 2026 Real Estate Report

Maple Grove, Sherwood Park: Prices Are Slipping - But Homes Are Still Moving Fast

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. The average sale price for houses sits at $462,500 - that's down 4.6% from last month. Listings are coming in even lower, averaging $439,444. So yes, prices are softer. But here's the thing that matters: homes are still selling in 12 days on average. That's faster than nearby Salisbury Village at 13 days. We're not in a slow market - we're in a price-sensitive one.

Buyers are paying 99.62% of list price, which means they're getting a small discount but not a steal. Sellers who price right are still closing deals quickly. The ones who don't are sitting.

• Average sale price (houses): $462,500 - down 4.6% from last month
• Average listing price: $439,444
• Price per square foot: $418
• Average days on market: 12 days
• Sale-to-list ratio: 99.62% - buyers are paying just under asking
• Properties sold this month: 2

Where Maple Grove Sits on the Neighbourhood Leaderboard

Let's be straight about where we rank. Out of 53 neighbourhoods tracked in Sherwood Park, Maple Grove sits at 28th for growth. That puts us in the below-average tier right now. On price, we rank 25th out of 32 comparable neighbourhoods - so we're on the more affordable end of the Sherwood Park spectrum. The one bright spot on the leaderboard? Days on market. We rank 5th out of 22 for how fast homes sell. That means when a well-priced home hits the market here, buyers notice.

• Growth rank: 28 out of 53 neighbourhoods in Sherwood Park
• Days-on-market rank: 5 out of 22 - one of the faster-selling areas
• Price rank: 25 out of 32 - below average in price, which also means more accessible
• Total transaction rank in Sherwood Park: 19th

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

Here's something most Maple Grove homeowners don't think about until it's too late. Your city assessment is a snapshot from the past. It doesn't know what happened to prices last month. It doesn't track the 3-month trend. It's basically a photo from last year being used to describe what you look like today.

The HonestDoor Price is different. Right now, the average HonestDoor Price for a house in Maple Grove is $490,602 - up 5.19% from the previous period. The predicted market value for houses is $466,418, and the 3-month moving average is sitting at $471,633. That gap between your government assessment and your real-world HonestDoor Price could be thousands of dollars - money that affects your decisions on refinancing, listing, or even just knowing where you actually stand.

• Average HonestDoor Price: $490,602 - up 5.19% from the previous period
• Predicted market value (houses): $466,418
• 3-month moving average: $471,633 - values are trending down slightly
• Recent value change: -3.49%

The HonestDoor Price is your real-world check. Use it.

The "So What?" - Should You Sell This Summer?

If you're thinking about listing in Maple Grove this summer, here's the honest take. The window is open, but it's not wide open. Prices have dipped and the 3-month trend is moving downward. Waiting to see if things bounce back is a gamble. The buyers who are active right now are serious - 12-day average days on market proves that.

Your rental numbers also tell a story worth knowing. Estimated rent is $2,387 per month with a rental yield of 5.70%. That's a strong return if you're weighing selling versus holding as a rental. For context, the average rental estimate across all property types in Maple Grove is $2,492 per month. If selling feels uncertain, holding and renting is a real option with real numbers behind it.

Compared to neighbours like Estates of Sherwood Park (HonestDoor Price $1,135,322) and Salisbury Village ($835,602), Maple Grove is the more affordable entry point into Sherwood Park. That's actually a selling point - buyers priced out of those neighbourhoods are looking here. Price your home right, and they'll find you fast.

• Estimated monthly rent: $2,387 - $2,492
• Rental yield: 5.70% - strong for this market
• Airbnb estimate: $124 per night (neighbourhood Airbnb rank: 49 in Sherwood Park)
• 9 property transactions recorded in 2026 so far
• Nearby comparison - Maplewood HonestDoor Price: $514,500 - slightly above us

Bottom line: if you're selling, price it sharp and move now. If you're holding, your rental yield gives you a solid reason to wait. Either way, check your HonestDoor Price first - not your tax assessment.

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.