Maple Grove, Sherwood Park - October 2026 Real Estate Report
Maple Grove, Sherwood Park: Prices Are Climbing, But the Market Is Taking a Breather
The Vibe Right Now
If you've been watching the "For Sale" signs on your street, here's what's actually happening. The average sale price for houses in Maple Grove just hit $465,500 - that's up 9.9% from last month. That's a real number, and it matters for your wallet. But before you pop the champagne, let's look at the full picture together.
We saw only 4 houses sell this month, which is down 33.3% from last month. Fewer sales means less data to lean on, so take the price jump with a grain of salt. On top of that, homes are sitting on the market for an average of 76 days. That's not a fast-moving market. Buyers here are taking their time, and they're winning - homes are selling at 96.98% of list price, meaning sellers are giving a little ground to close the deal.
- Average sale price (houses): $465,500 - up 9.9% from last month
- Average list price: $462,500
- Price per square foot: $429
- Sale-to-list ratio: 96.98% - buyers are paying below asking
- Average days on market: 76 days
- Properties sold this month: 4 - down 33.3%
The Secret Sauce - Your HonestDoor Price vs. Your Tax Assessment
Here's the thing most Maple Grove homeowners don't realize. Your city assessment is a snapshot from the past. It's calculated once a year using old data, and by the time it lands in your mailbox, the market has already moved on.
The HonestDoor Price is different. It updates in real time using actual sales happening right now in your neighbourhood and nearby. Right now, the average HonestDoor Price for a Maple Grove home sits at $473,717. The predicted market value for houses specifically is $484,295, and that number is trending upward from a 3-month moving average of $482,683. That's a live, breathing estimate - not a government printout from six months ago.
Why does this matter? Because if you're making a decision about selling, refinancing, or even just understanding what you actually own, you need a number that reflects today - not last year. The HonestDoor Price is that real-world check.
- Average HonestDoor Price: $473,717 - down 2.18% from the previous period
- Predicted market value (houses): $484,295
- 3-month moving average: $482,683 - values are inching up
- Recent property value change: up 1.15%
- Estimated monthly rent: $2,463 with a rental yield of 5.67%
- Average rental estimate: $2,416 per month
- Airbnb income potential: approximately $120 per night
The Neighbourhood Leaderboard
Let's be straight with you. On the Sherwood Park growth leaderboard, Maple Grove ranks 38 out of 51 neighbourhoods. That puts us in the below-average tier for price growth right now. Days on market ranks 19 out of 24, meaning homes here sell slower than most of Sherwood Park. And for price, we sit at 28 out of 32 - which actually means Maple Grove is one of the more affordable options in the area.
That affordability is a real selling point if you're marketing to buyers who've been priced out of nearby streets. Compare us to the neighbours - Estates of Sherwood Park is averaging a HonestDoor Price of $1,105,452, and Salisbury Village sits at $778,578. Even Maplewood next door is at $501,318. Maple Grove is the entry point into this pocket of Sherwood Park, and that has value.
- Growth rank: 38 out of 51 neighbourhoods in Sherwood Park - below average
- Days-on-market rank: 19 out of 24 - slower than most
- Price rank: 28 out of 32 - among the most affordable in Sherwood Park
- Nearby comparison - Maplewood HonestDoor Price: $501,318
- Nearby comparison - Salisbury Village HonestDoor Price: $778,578
- Nearby comparison - Estates of Sherwood Park HonestDoor Price: $1,105,452
The So What - Should You Sell This Summer?
If you're thinking about listing this summer, here's the honest take. The price bump is encouraging, but 76 days on market and a 96.98% sale-to-list ratio tell you that buyers have options and they know it. You won't be able to overprice and hope for the best.
The good news is that predicted values are moving in the right direction - up from the 3-month average - and a 5.67% rental yield means investors are paying attention to Maple Grove. That's a real buyer pool you can tap into.
The move right now is to check your HonestDoor Price before you do anything else. Don't walk into a listing conversation armed with a tax assessment that's already out of date. Know your real number, price it sharp, and you'll cut that 76-day average down significantly. Maple Grove is affordable by Sherwood Park standards - lean into that, and the right buyer will find you faster than you think.
maple grove | sherwood park | october 2026This 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.