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Sherwood Park, AB

Updated: Aug 2016
House
Median price $434,900
Monthly growth 14.47 %
Quarterly trend
Stock on market 0.75%
Apartment
Median price $319,250
Monthly growth 3.01 %
Quarterly trend
Stock on market 0.26%

Sherwood Park Home Price

Want a cheaply priced house? Then at $434,900 this month, Sherwood Park, Alberta is definitely not for you price wise.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

Over the last three months in Sherwood Park, housing stock available seems to be falling – this could mean that homes values might increase faster.

Sherwood Park was Canada’s 174th most expensive suburb by listed median house price this month.

The $319,250 price tag on the median Sherwood Park home means that it is quite highly priced by Canadian standards.

Investors looking for properties in Sherwood Park are most likely to find 2 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.

This month we track 5th neighbourhoods in Alberta, and Sherwood Park has the 5th most choice available for real estate investors.

When we look at the data we have, it can help with trying to establish whether or not Sherwood Park is a good investment target.

If you are looking at investment properties in Sherwood Park, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

Find a mortgage broker in Sherwood Park, AB
Beds Median price (House) Median price (Apartment)
1 bedroom $244,900
2 bedrooms $343,450 $314,000
3 bedrooms $399,000 $350,000
4 bedrooms $454,900 $397,000
5 bedrooms $504,900
6 bedrooms $559,900
Demographics
  • Population in 201192490
  • Population in 200682511
  • 2006 to 2011 population change (%)12.1
  • Total private dwellings34136
  • Private dwellings occupied by usual residents33129
  • Population density per square kilometre78.3
  • Land area (square km)1180.56

Age Characteristics

Total population by age groups 92490
0 to 4 years 5620
5 to 9 years 6010
10 to 14 years 6305
15 to 19 years 6930
15 years 1350
16 years 1410
17 years 1385
18 years 1375
19 years 1415
20 to 24 years 5830
25 to 29 years 4835
30 to 34 years 5495
35 to 39 years 6385
40 to 44 years 7085
45 to 49 years 8060
50 to 54 years 7840
55 to 59 years 6370
60 to 64 years 5535
65 to 69 years 3955
70 to 74 years 2500
75 to 79 years 1725
80 to 84 years 1080
85 years and over 930
Median age of the population 39.1
% of the population aged 15 and over 80.6

Marital Status

Total population 15 years and over by marital status 74555
Married or living with a common-law partner 49315
Married (and not separated) 44320
Living common-law 5000
Not married and not living with a common-law partner 25240
Single (never legally married) 17330
Separated 1440
Divorced 3615
Widowed 2860

Family Characteristics

Total number of census families in private households 27415
Size of census family: 2 persons 12585
Size of census family: 3 persons 5570
Size of census family: 4 persons 6585
Size of census family: 5 or more persons 2680
Total number of census families in private households 27420
Total couple families by family structure and number of children 24380
Married couples 21885
Without children at home 9320
With children at home 12565
1 child 4065
2 children 6015
3 or more children 2490
Common-law couples 2500
Without children at home 1505
With children at home 995
1 child 530
2 children 325
3 or more children 135
Total lone-parent families by sex of parent and number of children 3035
Female parent 2215
1 child 1250
2 children 740
3 or more children 225
Male parent 820
1 child 510
2 children 240
3 or more children 75
Total children in census families in private households 30545
Under six years of age 6680
6 to 14 years 11055
15 to 17 years 4055
18 to 24 years 6695
25 years and over 2060
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 91495
Number of persons not in census families 9155
Living with relatives 1510
Living with non-relatives only 2325
Living alone 5320
Number of census family persons 82345
Average number of persons per census family 3
Total number of persons 65 years and over in private households 9535
Number of persons not in census families aged 65 years and over 2195
Living with relatives 335
Living with non-relatives only 130
Living alone 1735
Number of census family persons aged 65 years and over 7335
Total number of private households by household type 33130
Census-family households 26870
One-family-only households 24970
Couple-family households 22600
Without children 9950
With children 12645
Lone-parent-family households 2370
Other family households 1900
One-family households with persons not in a census family 1375
Couple-family households 980
Without children 385
With children 600
Lone-parent-family households 390
Two-or-more-family households 530
Non-census-family households 6260
One-person households 5320
Two-or-more-person households 940
Total number of occupied private dwellings by structural type of dwelling 33130
Single-detached house 27375
Apartment, building that has five or more storeys 275
Movable dwelling 905
Other dwelling 4570
Semi-detached house 1580
Row house 1275
Apartment, duplex 85
Apartment, building that has fewer than five storeys 1615
Other single-attached house 5
Total number of private households by household size 33130
1 person 5320
2 persons 12010
3 persons 5725
4 persons 6715
5 persons 2430
6 or more persons 930
Number of persons in private households 91495
Average number of persons in private households 2.8

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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