Sherwood, Edmonton - September 2026 Real Estate Report

Sherwood, Edmonton: Your Neighbour Just Got a Better Price Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs on your street, here's what's actually happening in Sherwood. The neighbourhood is holding its own - and in some spots, quietly outperforming what most people expect. But the story is very different depending on whether you own a house or a condo. Let's break it down.

Houses - Steady Demand, Real Money on the Table

The average house sale price in Sherwood is sitting at $470,000, up 4.8% from last month. That's not a typo. Listings are coming in higher at $575,000 on average, and homes are selling at 98.26% of list price - meaning buyers are paying close to full ask. Properties are moving in about 70 days, which is actually faster than nearby Jasper Park where homes are sitting for 99 days. That gap matters if you're trying to sell before summer ends.

• Average sale price: $470,000 (up 4.8% from last month)
• Average list price: $575,000
• Price per square foot: $425
• Sale-to-list ratio: 98.26%
• Average days on market: 70 days
• Predicted market value: $504,121
• 3-month moving average: $500,399
• Estimated rent: $2,456/month
• Rental yield: 5.64%
• Growth rank: 86 out of 291 Edmonton neighbourhoods

That growth rank is worth pausing on. Out of 291 comparable Edmonton neighbourhoods, Sherwood houses land in the top third. Think of it like a neighbourhood leaderboard - we're sitting comfortably in the above-average tier, ahead of Jasper Park, West Jasper Place, and Meadowlark Park on year-over-year growth.

Condos - Affordable Entry Point, But Take a Breath

The condo side of Sherwood is a different conversation. The average sale price is around $115,000, and homes are sitting on the market for 104 days - slightly longer than Jasper Park's 99 days. Buyers paid 92.07% of list price on average, which tells you there's room to negotiate. Only one condo sold this period, so we're working with a thin slice of data here.

• Average sale price: $115,000
• Average list price: $124,900
• Price per square foot: $198
• Sale-to-list ratio: 92.07%
• Average days on market: 104 days
• Predicted market value: $117,243
• 3-month moving average: $115,941
• Estimated rent: $640/month
• Rental yield: 4.33%
• Growth rank: 39 out of 302 Edmonton neighbourhoods

Here's the silver lining for condo owners: that growth rank of 39 out of 302 puts Sherwood condos in the top 13% in Edmonton for value momentum. The price point is among the most affordable in the city, but the growth trajectory is punching well above its weight. If you bought in at a low price and the value is climbing, that's a quiet win.

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

Every year, the city sends out an assessed value. For houses in Sherwood, that number averages $475,221. It sounds official. It feels final. But here's the thing - that number is based on a snapshot in time, and the market doesn't wait for the city to catch up.

The average HonestDoor Price for a Sherwood house is $493,512. That's $18,291 higher than what the city has on file - a gap of 3.85%. For a condo, the HonestDoor Price is $112,723. These numbers update in real time, pulling from actual sales, current listing activity, and live market signals. The city's assessment is a rear-view mirror. The HonestDoor Price is the windshield.

Yes, the HonestDoor Price has dipped slightly - down 2.10% for houses and 3.85% for condos from the previous period. That's the market taking a breather, not falling off a cliff. Knowing that now means you can make a smarter decision about timing, pricing, and whether to act before values shift further.

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

If you own a house in Sherwood and you've been sitting on the fence, the data is nudging you toward the door. Prices are up month-over-month, buyers are paying close to full ask, and your home is selling faster than most nearby neighbourhoods. The predicted value of $504,121 is trending above the 3-month average, which means momentum is still on your side - for now.

A few things to keep in mind before you plant that sign in the lawn:

• There were only 28 total property transactions in Sherwood in 2026 so far - this is a tight market, and each sale moves the needle
• Your HonestDoor Price is likely higher than your city assessment - check it before you price your home
• Neighbourhood growth of 0.17% year over year is modest but positive - Sherwood is growing, just not racing
• If you're a condo owner, patience is the play - the growth rank is strong but days on market are longer and buyers have more leverage

Bottom line: Sherwood is a solid, stable neighbourhood with real upside for house sellers this summer. Get your HonestDoor Price, compare it to what your neighbour's place just sold for, and make a call based on real numbers - not a government document that's already a year old.

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.