Woodhaven, Spruce Grove - August 2026 Real Estate Report

Woodhaven, Spruce Grove: Your Neighbour Just Sold. Here Is What You Need to Know.

If you have been watching the "For Sale" signs on your street and wondering what your place is actually worth right now, this is your update. Woodhaven is a steady, mid-range neighbourhood in Spruce Grove - not flashy, but solid. Here is the real picture heading into summer 2026.

The Vibe: Houses vs. Condos

Houses - Steady as She Goes

We are sitting in a stable market for houses right now. The average HonestDoor Price in Woodhaven is $468,280, and the predicted market value for houses is coming in at $470,230 - up slightly from the 3-month moving average of $467,468. That upward tick matters. It means values are not sliding; they are holding their ground.

• Average HonestDoor Price: $468,280
• Predicted Market Value: $470,230
• Average Sale Price: $478,000
• Price Per Square Foot: $255
• Average Days on Market: 13 days
• Sale-to-List Ratio: 99.97%
• Estimated Monthly Rent: $2,287
• Rental Yield: 5.75%
• Transactions in 2026: 22

Houses here are selling in 13 days on average - the same pace as nearby Brookwood. That is not a slow market. Buyers are paying essentially full asking price at 99.97% of list. If you price your house right, it moves. The 5.75% rental yield is also a strong number for anyone thinking about holding the property as an investment instead of selling.

One honest note: on the neighbourhood leaderboard, Woodhaven houses rank 16 out of 19 for growth rate in Spruce Grove. That puts us in the bottom tier for price appreciation right now. The market is not running away on us - it is taking a breather. For price, we rank 9 out of 18, which puts us right in the middle of the pack compared to other Spruce Grove neighbourhoods.

Condos - A Different Story

The condo side of Woodhaven is a tougher read. The average HonestDoor Price for condos is $278,363, but the average sale price recorded is $104,900. The predicted market value sits at $281,085, which is above the 3-month moving average of $279,174 - so values are technically inching up. But with only 1 condo sold recently and properties sitting on the market for 91 days on average, this is a slow-moving segment.

• Average HonestDoor Price: $278,363
• Predicted Market Value: $281,085
• Average Sale Price: $104,900
• Price Per Square Foot: $270
• Average Days on Market: 91 days
• Sale-to-List Ratio: 97.22%
• Estimated Monthly Rent: $1,254
• Rental Yield: 4.25%
• Transactions in 2026: 5

On the leaderboard, Woodhaven condos rank dead last for days on market - 11 out of 11 in Spruce Grove. That is the slowest of any neighbourhood tracked. Price rank is 12 out of 12, making these the most affordable condos in the comparison group. If you own a condo here and need to sell, patience and sharp pricing are your two best tools right now.

The Secret Sauce: Why Your HonestDoor Price Beats Waiting for Your Tax Assessment

Here is the thing about your city assessment - it is a snapshot from months ago, based on data that is already old by the time it lands in your mailbox. It does not know that your street had 22 house transactions this year. It does not know that predicted values are ticking upward right now.

The HonestDoor Price is updated in real time. For Woodhaven houses, that number is $468,280 today - and the predicted value is already moving toward $470,230. If you are making any financial decision - refinancing, selling, buying out a partner, or just figuring out your net worth - you want the number that reflects what is happening on your street this week, not last year's government estimate.

Check your HonestDoor Price now at HonestDoor.com. It takes about 30 seconds and it is free.

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

For house owners in Woodhaven, the window is reasonable but not wide open. Here is the straight talk:

• Buyers are paying 99.97% of list price - so overpricing even slightly will cost you.
• Homes are moving in 13 days when priced correctly. That is a healthy pace.
• Your competition includes Fieldstone at $583,158 average and Millgrove at $494,638 - both pricier than us. Buyers who get priced out of those neighbourhoods look at Woodhaven next. That is a real advantage.
• Growth rank of 16 out of 19 means do not expect a big run-up in value if you wait. Selling sooner rather than later is a reasonable call.

For condo owners, summer 2026 is a harder sell - literally. With 91 days on market and only a handful of transactions this year, you need to price aggressively and market hard. The rental yield of 4.25% is moderate, so holding and renting is a viable alternative if selling feels like a losing game right now.

Bottom line: Woodhaven is a stable, affordable neighbourhood in a steady market. It is not setting any records, but it is not falling apart either. If you are selling a house this summer, price it sharp and move fast. If you own a condo, know what you are walking into before you list.

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.