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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

$741,636

AVERAGE PRICE OF 173 HOMES

$2,435,952

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$506,640

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$608,420

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $741,636
Avg Bedrooms 2.35 beds
Avg Bathrooms 1.99 baths

Average Price by Bedrooms

1 bedroom $297,520
2 bedrooms $379,144
3 bedrooms $494,215
4 bedrooms $649,990
5 bedrooms $587,615
Sylvan Lake Home Price Trends
  10/2025 9/2025 8/2025 7/2025 6/2025
Total Listings 180 183 167 166 161
Average Price $720,583 $694,130 $693,170 $671,208 $756,917
Avg Price Change +3.81% +0.14% +3.27% -12.77% +0.02%
Median Price $456,561 $441,908 $445,681 $449,128 $466,921
Med Price Change +3.32% -0.85% -0.77% -3.96% +0.64%
Avg Bedrooms 2.44 beds 2.41 beds 2.27 beds 2.29 beds 2.3 beds
Avg Bathrooms 2.03 baths 2.02 baths 1.92 baths 1.88 baths 1.91 baths
Total Homes Average Price Avg Days on Site
All Homes 173 $741,636 98 days
Multi-Million Dollar Homes 25 $2,435,952 157 days
Newly Built Homes 39 $506,640 91 days
Reduced Price Homes 10 $608,420 42 days

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