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Sylvan Lake Market Report

$670,086

AVERAGE PRICE OF 173 HOMES

$2,226,045

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$535,206

AVERAGE PRICE OF 28 NEWLY BUILT HOMES

$527,228

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $670,086
Avg Bedrooms 2.28 beds
Avg Bathrooms 1.87 baths

Average Price by Bedrooms

1 bedroom $280,700
2 bedrooms $413,577
3 bedrooms $467,233
4 bedrooms $729,483
5 bedrooms $554,658
Sylvan Lake Home Price Trends
  3/2026 2/2026 1/2026 12/2025 11/2025
Total Listings 160 134 129 147 169
Average Price $711,027 $762,710 $798,748 $802,519 $745,904
Avg Price Change -7.27% -4.72% -0.47% +7.59% +3.51%
Median Price $472,730 $447,110 $440,485 $439,416 $438,828
Med Price Change +5.73% +1.50% +0.24% +0.13% -4.04%
Avg Bedrooms 2.3 beds 2.09 beds 2.19 beds 2.31 beds 2.37 beds
Avg Bathrooms 1.88 baths 1.82 baths 1.88 baths 1.95 baths 1.98 baths
Total Homes Average Price Avg Days on Site
All Homes 173 $670,086 100 days
Multi-Million Dollar Homes 22 $2,226,045 220 days
Newly Built Homes 28 $535,206 103 days
Reduced Price Homes 7 $527,228 36 days

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Royal Lepage Network Realty
Robert Gallaway
6-3608 50 Ave.
Red Deer, AB T4N 3Y6
403-575-0363

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