Maplewood, Sherwood Park - September 2026 Real Estate Report

Maplewood, Sherwood Park: What Your Neighbour Hasn't Told You Yet

If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here's the straight story. Maplewood is in a bit of a transition right now - not crashing, not booming, but definitely worth paying attention to if you own here.

The Vibe: Houses vs. Condos - Two Very Different Stories

Houses

We're seeing the house market take a breather. The average sale price this month sits at $469,450 - that's down 9.7% from last month. Homes are sitting on the market for 35 days on average, which is a bit longer than nearby Maple Grove at 31 days. Buyers are getting deals close to list price - about 99.52% - but the direction of prices tells us they have a little more leverage than they did a few months ago.

That said, our predicted market value for houses lands at $503,569, which is still above what you'd get in Maple Grove ($478,767). So while things are softening, Maplewood houses are holding their own against the neighbours.

• Average sale price: $469,450 (down 9.7% from last month)
• Average listing price: $456,950
• Price per square foot: $405
• Average days on market: 35
• Properties sold this month: 6
• Sale-to-list ratio: 99.52%
• Rental yield: 5.66% - that's a strong return
• Estimated monthly rent: $2,492
• Neighbourhood growth rank: 37 out of 53 in Sherwood Park

That growth rank - 37 out of 53 - puts us in the lower half of the Sherwood Park leaderboard right now. Not last place, but not a front-runner either. If you're a seller, that context matters.

Condos

The condo picture in Maplewood is a different animal entirely. We're talking an average HonestDoor Price of $3,010,900 - up 7.72% from the previous period. That's a significant jump. For context, nearby Nottingham condos average $322,189 and Brentwood sits at $356,652. Maplewood condos are in a completely different price tier.

The predicted market value comes in at $2,795,136, though that's dipping slightly from the 3-month moving average of $2,826,069. The rental yield here is 2.05%, which is moderate - the income doesn't scale the same way the price does at this level. The Airbnb rank for condos is 7 out of Sherwood Park, which is genuinely strong.

• Average HonestDoor Price: $3,010,900 (up 7.72%)
• Predicted market value: $2,795,136
• Estimated monthly rent: $8,635
• Rental yield: 2.05%
• Airbnb rank in Sherwood Park: 7th
• Growth rank: 29 out of 37 in Sherwood Park
• Recent value change: -1.08%

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

Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know what happened on your street last month. It doesn't know that house prices in Maplewood just shifted 9.7% in a single month.

The HonestDoor Price is updated in real time. For houses, it's sitting at $514,172 - up 2.11% from the previous period. That number reflects what's actually happening in the market today, not what a government office calculated last winter. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage still makes sense - the HonestDoor Price is the number you want in your hand, not the assessment.

Think of the assessment as a history textbook. The HonestDoor Price is today's news feed.

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

If you're a house owner in Maplewood and you're thinking about listing this summer, here's the honest read. The market is cooling. Prices are down month-over-month, homes are taking longer to move, and buyers know it. That doesn't mean you can't sell well - it means you need to price sharp from day one.

With only 6 houses sold this month and 35 days average on market, sitting at an inflated price hoping for a bidding war is not the play right now. Buyers are paying 99.52% of list - meaning they're not panicking, but they're not overpaying either.

The upside? Your HonestDoor Price of $514,172 still puts you above what comparable homes are fetching in Maple Grove and Brentwood. Maplewood has a price advantage in this corner of Sherwood Park. Use it. Price it right, present it well, and you can still walk away strong.

If you own a condo here, the story is more of a wait-and-watch. Values are dipping slightly off their 3-month peak, but that 7.72% HonestDoor Price increase is real. This is a market where knowing your current number - not last year's assessment - is the difference between leaving money on the table and not.

Bottom line: check your HonestDoor Price today. It takes two minutes and it's the most current read on what your Maplewood property is actually worth right now.

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.