Maplewood, Sherwood Park - August 2026 Real Estate Report

Maplewood, Sherwood Park: Here's What Your Home Is Actually Worth Right Now

If you've been glancing at your last property tax assessment and thinking it tells the whole story, it doesn't. The market in Maplewood has been moving, and the numbers are worth a close look before summer hits.

The Vibe: What's Happening on Our Streets

Let's break it down by property type, because houses and condos are telling two very different stories right now.

Houses in Maplewood

The average sale price for houses landed at $520,000 this month, which is up 12.5% from last month. That's a real jump. Listings are sitting at an average ask of $529,900, and homes are selling at 98.13% of list price - meaning buyers are getting a slight discount, but sellers are still holding strong. Properties are moving in about 20 days on average, which is actually faster than nearby Nottingham at 25 days. We're competitive.

• Average HonestDoor Price: $503,569 (up 0.27% from last period)
• Average sale price: $520,000
• Average list price: $529,900
• Price per square foot: $465
• Sale-to-list ratio: 98.13%
• Average days on market: 20
• Estimated monthly rent: $2,492
• Rental yield: 5.66%
• Transactions in 2026: 25

The predicted market value for houses sits at $502,225, which is just a hair below the 3-month moving average of $502,388. Values have dipped 2.39% recently, and on the neighbourhood growth leaderboard, Maplewood houses rank 32 out of 54 in Sherwood Park - that puts us in the below-average tier for growth right now. Not alarming, but worth watching. On price, we rank 20 out of 32 compared to similar neighbourhoods. For context, we're priced above Maple Grove ($421,633 average sale) and Brentwood, but well below Nottingham ($706,413 HonestDoor Price).

The rental picture is genuinely strong. A 5.66% rental yield is a number income-focused buyers pay attention to. If you've ever thought about holding your Maplewood house as a rental, $2,491 per month in estimated rent is a solid return at current values.

Condos in Maplewood

Condos here are a different category entirely. The average HonestDoor Price for a Maplewood condo is $2,795,136 - and yes, that number is real. For context, nearby Glen Allan sits at $2,822,745, so we're in similar territory. Nottingham and Brentwood condos are priced far lower, which tells you Maplewood condos are in their own tier within Sherwood Park.

• Average HonestDoor Price: $2,795,136 (down 1.08% from last period)
• Predicted market value: $2,825,579
• 3-month moving average: $2,840,486
• Recent value change: -1.12%
• Estimated monthly rent: $8,635
• Rental yield: 2.05%
• Airbnb estimate: $429 per night
• Airbnb rank in Sherwood Park: 7th

The condo growth rank is 31 out of 37 in Sherwood Park - that puts us near the bottom of the leaderboard for growth right now. Values are trending slightly down, and the rental yield of 2.05% is moderate compared to what houses are generating. The Airbnb potential is a bright spot though - ranking 7th in all of Sherwood Park for short-term rental income is genuinely impressive.

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

Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know that Maplewood houses just posted a 12.5% month-over-month price jump. It doesn't know what sold two streets over last week.

The HonestDoor Price is updated in real time using actual transaction data, current listings, and live market signals. For houses, it's currently pegged at $503,569. That's the number a buyer's agent is looking at when they walk through your door. Your tax assessment is what the government thinks your home was worth - the HonestDoor Price is what the market thinks it's worth today. Those two numbers are not always the same, and the gap between them can cost you money if you're pricing a sale or negotiating a purchase.

Check your HonestDoor Price now. Don't wait for the next assessment cycle to tell you something the market already knows.

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

If you own a house in Maplewood and you're weighing a summer sale, the timing has some real things going for it. Prices are up sharply month-over-month, homes are selling faster than Nottingham, and buyers are paying close to full ask. That's a decent hand to play.

The nuance is this: the predicted value is slightly below recent sale prices, and the 2.39% recent value dip is a signal to move with intention rather than waiting to see if things climb further. Markets that jump 12.5% in a month don't always hold that gain. If your plan is to sell, this summer window looks better than sitting on it.

For condo owners, the picture is more cautious. Values are easing downward, yield is moderate, and the growth rank puts us near the back of the pack right now. That doesn't mean don't sell - it means price it sharp and lean into the Airbnb angle if you're marketing to investors. A 7th-place Airbnb rank in Sherwood Park is a real selling point.

Bottom line - Maplewood is a solid, mid-range neighbourhood with strong rental fundamentals for houses and a premium condo tier that plays in its own league. Know your number, price it right, and don't let a stale assessment be the thing that leaves money on the table.

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.