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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

$742,358

AVERAGE PRICE OF 153 HOMES

$2,849,600

AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

$544,697

AVERAGE PRICE OF 23 NEWLY BUILT HOMES

$564,539

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $742,358
Avg Bedrooms 2.46 beds
Avg Bathrooms 1.96 baths

Average Price by Bedrooms

1 bedroom $265,000
2 bedrooms $413,364
3 bedrooms $531,582
4 bedrooms $585,730
5 bedrooms $595,164
Sylvan Lake Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 156 123 108 88 92
Average Price $735,793 $777,963 $829,965 $866,493 $825,103
Avg Price Change -5.73% -6.68% -4.40% +5.02% +1.74%
Median Price $458,060 $445,183 $453,900 $480,028 $473,455
Med Price Change +2.89% -1.96% -5.76% +1.39% -2.28%
Avg Bedrooms 2.55 beds 2.29 beds 2.17 beds 2.19 beds 2.11 beds
Avg Bathrooms 1.99 baths 1.77 baths 1.76 baths 1.74 baths 1.73 baths
Total Homes Average Price Avg Days on Site
All Homes 153 $742,358 89 days
Multi-Million Dollar Homes 17 $2,849,600 140 days
Newly Built Homes 23 $544,697 104 days
Reduced Price Homes 10 $564,539 82 days

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