Maplewood, Sherwood Park - July 2026 Real Estate Report

Maplewood, Sherwood Park: Prices Are Moving - Here Is What Your Home Is Actually Worth Right Now

If you have been glancing at "For Sale" signs in Maplewood lately and wondering what is going on, here is the straight story. The market is shifting, the numbers are interesting, and your city tax assessment is almost certainly lying to you about what your home is worth today.

The Vibe: What Is Happening With Houses and Condos in Our Neighbourhood

Let's break it down by property type, because the two stories here are pretty different.

Houses - A Cooling Market With Some Real Opportunity

The average sale price for houses in Maplewood came in at $462,040 this month - down 6.7% from last month. That is a noticeable dip. Listings are sitting at an average of $473,674, and homes are spending about 13 days on the market before selling. For context, that is a moderately fast pace - Maplewood ranks 7th out of 26 neighbourhoods in Sherwood Park for days-on-market speed.

Here is the interesting part though. Buyers are still paying above asking. The average sale-to-list ratio is 101.48%, meaning homes are selling for more than their listed price even as overall prices pull back. That tells us demand is still real - sellers just need to price smart from the start.

• Average sale price: $462,040 (down 6.7% from last month)
• Average list price: $473,674
• Price per square foot: $403
• Average days on market: 13
• Sale-to-list ratio: 101.48%
• Properties sold this month: 11
• Rental yield: 5.64% - that is a strong return
• Estimated monthly rent: $2,538

The predicted market value for a Maplewood house sits at $514,500 right now, which is climbing above the 3-month moving average of $505,813. Property values have shifted 4.91% recently, and that puts us at rank 16 out of 54 neighbourhoods on the Sherwood Park growth leaderboard - above average. We are not leading the pack, but we are ahead of the middle. On price alone, we rank 22 out of 32, which means we are a more affordable entry point compared to a lot of Sherwood Park. Nottingham, for comparison, is sitting at a much higher HonestDoor Price of $695,316.

Condos - A Different Animal Entirely

Maplewood condos are in a league of their own in this neighbourhood. The average HonestDoor Price for a condo here is $2,825,579 - yes, that number is real. The predicted market value is even higher at $2,857,493, creeping up past the 3-month moving average of $2,847,102.

On the growth leaderboard, Maplewood condos rank 2nd out of 37 comparable neighbourhoods in Sherwood Park. That is a top-tier position. Nearby Glen Allan is the only neighbourhood in the same price range, sitting slightly higher at $2,854,727.

• Average HonestDoor Price: $2,825,579 (down 1.12% from previous period)
• Predicted market value: $2,857,493
• Estimated monthly rent: $8,772
• Rental yield: 2.03%
• Airbnb estimate: $432 per night
• Airbnb rank in Sherwood Park: 7th - very strong short-term rental potential
• Growth rank: 2nd out of 37 neighbourhoods

The rental yield on condos here is more moderate at 2.03%, so if you are buying purely for cash flow, houses with their 5.64% yield are the better play. But if you are holding a condo in Maplewood for appreciation, the growth ranking says you are sitting in a good spot.

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

Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that house prices in Maplewood dipped 6.7% last month. It does not know that buyers are still paying over asking. And it definitely does not know what your specific home would fetch if you listed it this week.

The HonestDoor Price is updated in real time using actual transaction data. For houses in Maplewood, the average HonestDoor Price is $502,225. That is your real-world check - the number that reflects what is actually happening on your street, not what a government office calculated before the market started moving. With 24 property transactions recorded in 2026 already, there is fresh data feeding that number constantly.

If your tax assessment and your HonestDoor Price are far apart, that gap is information. It could mean you are underpriced if you are selling, or it could mean your property tax appeal has a case. Either way, you want to know.

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

If you are a homeowner thinking about listing this summer, here is the honest read on your situation.

The market is taking a breather on price - that 6.7% monthly drop in average sale price is not nothing. But buyers are still showing up and paying above list when a home is priced right. Thirteen days on market is fast. That means motivated buyers are out there.

Your window is real, but it is not unlimited. Here is what the numbers suggest you should do right now:

• Check your HonestDoor Price at $502,225 average - see where your specific home lands relative to that benchmark
• Price sharp - the 101.48% sale-to-list ratio rewards sellers who price accurately, not those who swing high and hope
• Know your competition - Maple Grove houses are selling around $472,875, so Maplewood has a slight premium to defend
• If you are a condo owner, your growth rank of 2nd out of 37 is a genuine selling point - use it

Bottom line: Maplewood is not a market in freefall. It is a market that rewards sellers who do their homework. Start with your HonestDoor Price - it is the most current number you have got.

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.