Maplewood, Sherwood Park - October 2026 Real Estate Report
Maplewood, Sherwood Park: Your Neighbour Just Got a Surprise - Here's What's Actually Happening to Home Values
The Vibe Right Now
If you've been watching the "For Sale" signs on your street, here's the honest read: Maplewood is a neighbourhood with two very different stories happening at the same time, depending on what you own. Houses and condos are moving in completely different directions, and knowing which side you're on matters a lot heading into summer.
Houses - Steady, But Taking a Breather
For those of us with detached homes in Maplewood, the market is holding up reasonably well - but it's not running hot. The average sale price for houses sits at $511,389, which is actually up 8.9% from last month. That sounds great on the surface. But dig a little deeper and you see only 4 homes sold this period, down 33.3% from the month before. Fewer sales means that number can swing around a lot. Don't pop the champagne just yet.
- Average sale price (Houses): $511,389
- Average listing price: $456,950
- Price per square foot: $424
- Homes sold for 99.52% of list price - buyers are getting a small edge
- Average days on market: 35 days
- Properties sold this period: 4 (down 33.3%)
- Total transactions in 2026: 29
Thirty-five days on market is not a panic number, but it does mean your house won't fly off the shelf overnight. Buyers have a bit of breathing room to negotiate, which is why that 99.52% sale-to-list ratio makes sense. You're not leaving a ton on the table, but you're not getting over-asking either.
The predicted market value for Maplewood houses is $514,172, creeping up from the 3-month moving average of $506,655. That slow upward trend is a good sign for stability. Rental yield on houses comes in at 5.65% with an estimated rent of $2,530 per month - that's a genuinely solid return if you're thinking about holding rather than selling.
On the neighbourhood leaderboard, Maplewood houses rank 31 out of 51 for growth in Sherwood Park. That's below average, plain and simple. For price, we sit at 22 out of 32. We're not at the bottom, but we're not leading the pack either. Nearby Nottingham is running a much higher average HonestDoor Price of $712,327 - so if you're eyeing an upgrade, that's the premium tier right next door.
Condos - The Wildcard in the Room
Here's where things get interesting. Maplewood condos are showing an average HonestDoor Price of $2,914,693. That is not a typo. For context, nearby Glen Allan condos are sitting at $2,962,509 - so we're in a very similar bracket. These are not your typical starter condos. This is a specific, high-value segment of the market.
- Average HonestDoor Price (Condos): $2,914,693 (down 3.20% from previous period)
- Predicted market value: $3,010,900
- 3-month moving average: $2,877,205
- Recent value change: up 7.72%
- Estimated rent: $9,129 per month
- Rental yield: 2.00%
- Airbnb estimate: $442 per night
- Airbnb rank in Sherwood Park: 7th
The condo segment here ranks 1st out of 37 comparable neighbourhoods in Sherwood Park for growth. First. That is a headline number. Even with the HonestDoor Price dipping 3.20% from the previous period, the predicted value is climbing above the 3-month average, and that 7.72% recent value change is hard to ignore. The rental yield of 2.00% is moderate - this isn't a cash-flow play, it's an appreciation play.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's something most Maplewood homeowners don't think about until it's too late: your city assessment is a snapshot from the past. It's calculated on data that can be 12 to 18 months old by the time it lands in your mailbox. The market doesn't wait for paperwork.
The HonestDoor Price is updated in real time using actual transaction data, listing activity, and neighbourhood trends. Right now, with house values predicted at $514,172 and condo values pushing toward $3,010,900, there's a real gap between what the government thinks your home is worth and what a buyer would actually pay today. That gap is your money. Knowing your HonestDoor Price right now - not next spring - is the difference between pricing your home right and leaving cash on the table.
With 29 total property transactions recorded in Maplewood in 2026, this is not a high-volume market. Every sale sets a new benchmark. Your neighbours' sale price directly affects your assessed value and your negotiating position. Stay current.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Maplewood and you're thinking about listing this summer, here's the straight talk. Prices are holding and the predicted value is trending upward, but you're competing in a slower-moving market. Thirty-five days on market and only 4 recent sales means buyers have options. Price it sharp from day one. Overpricing and chasing the market down is the worst strategy in a neighbourhood ranked 31st for growth.
Your edge? You're priced above Maple Grove ($465,500 predicted) and Brentwood ($441,949 HonestDoor Price). Maplewood sits in a comfortable middle ground - more accessible than Nottingham, but clearly a step up from the cheaper alternatives nearby. Lead with that positioning.
If you own a condo in Maplewood, the story is different. A top growth rank of 1st in Sherwood Park is a serious selling point. The predicted value is rising above the 3-month average. If you've been sitting on the fence, the data is pointing toward a window of opportunity - not a guarantee, but a real signal worth acting on.
Bottom line: check your HonestDoor Price before you do anything else. It's the real-world number, not the government's best guess from a year ago. In a market moving this fast in some segments and this quietly in others, that difference matters.
maplewood | 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.