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Market overview
Median price by type
As of November 2026, homes for sale in Sylvan Lake, Alberta carry a median asking price of about $449,000, across 197 active MLS listings for sale. Asking prices have risen about 8.4% in the past month, a sign that buyer demand is running ahead of supply. 9 new listings came on this week, and inventory is on the tighter side, so well priced homes tend to attract attention quickly.
At this level Sylvan Lake is one of the more attainable markets in Alberta, which makes it popular with first time buyers and investors. On a per square foot basis, homes here run around $339, a useful benchmark when two listings look similar on paper. Because prices are firming, getting pre approved and moving decisively on the right home makes a difference.
Sylvan Lake prices are up 8.4% over the past month. 9 new listings added this week.
What is the average home price in Sylvan Lake?
As of November 2026, the median asking price for a home in Sylvan Lake, Alberta is about $449,000. By property type, houses sit around $475,000 and condos around $269,900.
Is Sylvan Lake a buyer's or seller's market right now?
Sylvan Lake is currently a balanced market, without a strong tilt toward buyers or sellers.
How many homes are for sale in Sylvan Lake?
There are currently 197 active MLS listings for sale in Sylvan Lake, Alberta, updated daily on haho.ca.
What are the most popular neighbourhoods in Sylvan Lake?
Sylvan Lake has a range of established and up and coming neighbourhoods. Use the neighbourhood filters above to compare them by price and inventory.
How long does it take to sell a home in Sylvan Lake?
Time to sell in Sylvan Lake depends on price and condition. Well priced, move in ready homes tend to sell fastest.