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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

$501,124

AVERAGE PRICE OF 196 HOMES

$2,575,466

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$779,942

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$79,900

AVERAGE PRICE OF 1 HOMES WITH A POOL

$365,061

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $501,124
Avg Bedrooms 2.44 beds
Avg Bathrooms 1.8 baths

Average Price by Bedrooms

1 bedroom $140,783
2 bedrooms $229,275
3 bedrooms $361,560
4 bedrooms $386,397
5 bedrooms $441,673
Sylvan Lake Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 185 177 n/a 154 191
Average Price $538,031 $544,543 n/a $494,555 $512,290
Avg Price Change -1.21% n/a n/a -3.59% -1.06%
Median Price $329,778 $331,741 n/a $339,096 $345,019
Med Price Change -0.60% n/a n/a -1.75% -0.95%
Avg Bedrooms 2.38 beds 2.32 beds n/a 2.45 beds 2.48 beds
Avg Bathrooms 1.74 baths 1.74 baths n/a 1.88 baths 1.93 baths
Total Homes Average Price Avg Days on Site
All Homes 196 $501,124 75 days
Multi-Million Dollar Homes 13 $2,575,466 119 days
Newly Built Homes 7 $779,942 72 days
Homes with a Pool 1 $79,900 23 days
Reduced Price Homes 13 $365,061 46 days