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Sylvan Lake

Why you'd want to live in Sylvan Lake

The Town of Sylvan Lake is a dynamic lakeside community which is experiencing significant growth. In fact, Statistics Canada has rated the Town as one of the fastest growing communities in Canada as well as one of Canada's youngest communities. Sylvan Lake's population increased by 2,765 or 21.9% between 2006 and 2013. The 2013 Municipal Census found the town has a population of 13,015. This rate of growth is a general indicator of the overall atrractiveness of the community.

Walk out basement finished basement suite in law suite bungalow

Sylvan Lake Market Report

$825,796

AVERAGE PRICE OF 108 HOMES

$2,867,566

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$522,079

AVERAGE PRICE OF 22 NEWLY BUILT HOMES

$473,233

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $825,796
Avg Bedrooms 2.21 beds
Avg Bathrooms 1.81 baths

Average Price by Bedrooms

2 bedrooms $344,372
3 bedrooms $457,072
4 bedrooms $618,493
5 bedrooms $672,272
Sylvan Lake Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 88 92 99 110 130
Average Price $866,493 $825,103 $810,977 $758,167 $701,036
Avg Price Change +5.02% +1.74% +6.97% +8.15% +9.11%
Median Price $480,028 $473,455 $484,261 $464,128 $418,582
Med Price Change +1.39% -2.28% +4.34% +10.88% +2.26%
Avg Bedrooms 2.19 beds 2.11 beds 2.25 beds 2.24 beds 2.28 beds
Avg Bathrooms 1.74 baths 1.73 baths 1.82 baths 1.75 baths 1.8 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 108 $825,796 101 days
Multi-Million Dollar Homes 16 $2,867,566 163 days
Newly Built Homes 22 $522,079 67 days
Reduced Price Homes 3 $473,233 17 days

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