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Greater Edmonton community

Sherwood Park

Sherwood Park is a community in the Greater Edmonton area, home to about 99,225 people (2021 census). Detached homes sold for a median of $601,500 in May 2026 (+4.9% year-over-year). The median household income is $124,000, and 87% of homes are owner-occupied. Market figures are from the REALTORS® Association of Edmonton; demographics from the 2021 federal census. Directional only — not the price a specific home would sell for today.

Demographics are the 2021 federal census for the Strathcona County census subdivision (Strathcona County (includes Sherwood Park)). Market figures are derived from the REALTORS® Association of Edmonton monthly municipality statistics. Connected to Edmonton by regional transit.

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Median sale price

$562,354

12-mo rolling · +5.1% YoY

Sales (year to date)

367

2026 YTD · -1.9% YoY

Median household income

$124,000

2021 census

Own their home

87%

13% rent · 2021

Population

99,225

2021 census · 103,829 (2024 local)

Where it is

Sherwood Park sits in the Greater Edmonton metro.Connected to Edmonton by regional transit.

Map showing the location and boundary of Sherwood Park, Alberta, within the Edmonton metropolitan region.
Sherwood Park outlined in teal on the regional map. Map data © Mapbox © OpenStreetMap.

The homes

What the housing stock looks like, and what homes are worth.

What's here

Mostly detached. 80% of homes, with 6% semi-detached.

Housing mix (2021 census · 37,125 dwellings)
  • Detached80%
  • Semi-detached6%
  • Row house (townhouse)4%
  • Apartment in a duplex0%
  • Apartment (low-rise)7%
  • Apartment (high-rise)1%
  • Movable3%

What homes are worth (to the tax man)

The tax man's 2024 median value is $473,000 — across all home types. For comparison, detached homes are now selling for a rolling median of $562,354 (12 months to May 2026) — well above that.

Median assessed value$473,0002024 roll · 36,998 homes
Assessed $/sq ft$323median value ÷ floor area
2021 census value$452,000owner-reported

Assessed values are mass-appraised for taxation — directional, not a sale price or appraisal. A gap to actual sales is normal: the 2024 roll lags today's market, and the sale figure above is detached homes only — a step up from the all-types assessment. For what's trading now, see the market below.

Who lives here

Income, ownership, education and how people get to work — plus what housing costs.

Who lives here

Mostly homeowners. Median household income $124,000.

Median income$124,000per household, 2020
Own their home87%
Bachelor's +22%of adults 15+
Drive to work93%2% transit
Income, households, ages & work

Household income

  • Under $50k12%
  • $50k–$100k26%
  • $100k–$150k24%
  • $150k–$200k17%
  • $200k+22%

Households (average 2.6 people)

  • Couples with kids33%
  • Couples without kids31%
  • One-parent families8%
  • Living alone19%
  • Multigenerational2%
  • Other shared households6%

Ages (median 42.4)

  • 0–1418%
  • 15–2412%
  • 25–4424%
  • 45–6429%
  • 65+18%

Work — occupations

  • Sales & service21%
  • Trades, transport & equipment operators20%
  • Business, finance & administration19%
  • Education, law, social & government12%
  • Natural & applied sciences8%
  • Health8%
  • Manufacturing & utilities4%
  • Natural resources & agriculture3%
  • Art, culture, recreation & sport2%
  • Management2%

Work — industries

  • Construction12%
  • Health care & social assistance12%
  • Retail trade10%
  • Professional, scientific & technical8%
  • Manufacturing7%
  • Educational services7%
  • Public administration7%
  • Transportation & warehousing5%
  • Other services5%
  • Mining, oil & gas4%
  • All other sectors combined21%

32% of residents moved here within the last 5 years (9% within the last year).

Immigration

11% of residents are immigrants.

  • Before 198029%
  • 1980–199011%
  • 1991–200010%
  • 2001–201019%
  • 2011–202131%

2021 federal census, Strathcona County census subdivision. Income + ages are 100% data; work, immigration and mobility are 25% sample data, randomly rounded.

Origins, population groups & religion

Most commonly reported origins (multiple responses allowed — shares overlap)

  • English25%
  • German21%
  • Scottish20%
  • Irish18%
  • Ukrainian17%
  • Canadian14%
  • French11%
  • Polish7%

Population groups

9% of residents identified as a visible minority; 91% did not. Separately, 5% identify as Indigenous (Métis 3%, First Nations 1%).

  • South Asian3%
  • Filipino2%
  • Chinese1%
  • Black1%
  • Latin American1%

StatCan defines a "visible minority" as persons, other than Indigenous peoples, who are non-Caucasian in race or non-white in colour (Employment Equity Act) — Indigenous residents are counted separately, and "not a visible minority" is predominantly residents who identify as white.

Religion

  • Christian55%
  • No religious affiliation42%
  • Muslim1%
  • Hindu1%
  • Sikh1%
  • Other religions1%

Immigration, ethnocultural origin, population group and religion from the 2021 federal census (25% sample). Neutral Statistics Canada classifications, shown identically for every community.

Housing costs

Owners pay about $1,660/month; renters about $1,580/month. Median monthly shelter cost, 2021.

Owners pay$1,660/mo11.6% spend 30%+ of income
Renters pay$1,580/mo37% spend 30%+ of income

The market

What's actually selling — sold prices, sales activity and the trend, from the REALTORS® Association of Edmonton.

Recent sales & prices

Over the 12 months to May 2026, detached homes sold for a rolling median of $562,354+5.1% year-over-year, across 909 sales. That's the steady read; a single month swings on a few sales ($601,500 in May 2026 alone).

12-month median$562,354rolling · +5.1% YoY · 909 sales
12-month average$590,740sales-weighted
Latest month$601,500Detached homes · May 2026 · 106 sales
Apartment condos median$261,000-14.4% YoY · 20 sales
Year-to-date median$582,990+5.4% YoY · 367 sales
Sales volume$89,998,401all residential · May 2026

The headline is a 12-month rolling median — it pools the last 12 months (909 sales) so a single month's handful of sales can't swing it, and year-over-year is measured rolling-vs-rolling. Source: REALTORS® Association of Edmonton.

Price trend

The 12-month rolling median detached homes sale price is +5.1% year-over-year. Rolling median (bold) $470,625 → $562,354; the faint line is each single month.

$470,625 $562,354 2023202420252026

12-month rolling median single-month median

The bold line is the 12-month rolling median; the faint line is each single month, which can swing on a few sales in a small market. Source: REALTORS® Association of Edmonton.

Source

Market statistics: Source: REALTORS® Association of Edmonton (monthly municipality statistics). Demographics: Statistics Canada, 2021 Census of Population, Census Profile (98-401-X), Strathcona County census subdivision. Assessment: Contains information licensed under the Open Government Licence – Strathcona County. Directional analysis, not verbatim reproductions.

About these figures. Market figures are derived from RAE monthly statistics and reflect what sold, not what any specific home is worth; the 2021 census home value is residents' self-reported value, not a sale price or appraisal. Trevor Tardif is a licensed REALTOR® with REAL Broker AB Ltd, Edmonton, Alberta. Content on this site does not constitute financial or investment advice.

Thinking about buying or selling in Sherwood Park?

These numbers are the starting point. I'll pull the live comparables for Sherwood Park, tell you what your home would actually trade at today, and walk you through the move — buying or selling.

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