Elmwood Park Real Estate Market Report

Closed sales, November 2025 to October 2026 · Zone 5, Edmonton

Elmwood Park in short

20 homes sold in Elmwood Park from November 2025 to October 2026. Houses sold for a median $391,000 and took 24 days, at 99.4% of list price.

What homes sold for, by type

Houses

$391,000

14 sales · 24 days to sell · 99.4% of list price

Condo apartments (6) had fewer than 8 sales, too few for a typical price of their own; they still count in the totals.

Each figure is the median of what that type actually sold for over the past 12 months — the middle sale, so one large or small home doesn’t move it. It is not the value of any one home.

Where prices fell

Houses sold by price, past 12 months · red marks the median

Through the year

Houses sold per quarter

QuarterSalesMedian priceDays to sell
Nov ’25–Jan ’264too few to say–
Feb–Apr 20264too few to say–
May–Jul 20262too few to say–
Aug–Oct 20264too few to say–

Spring is normally the Edmonton region’s busiest season and late fall its slowest, so compare a quarter with the same quarter a year earlier rather than the one before. A quarter with fewer than 5 sales shows no median.

How fast, and how close to asking

TypeSalesMedian pricePer sq ftDays to sellSale-to-listSold under asking
Houses14$391,000$3642499.4%50%

Sale-to-list is the sold price against the final list price, so a home that was reduced before it sold counts against its last price, not its first. Days to sell is the median days on the market for the listing that sold.

Supply as of November 1, 2026

All home types

4.2 months of supply

7 for sale · about 1.7 sales a month

All home types: 7 for sale against about 1.7 sales a month, or 4.2 months of supply — balanced on supply alone. 60% sold under asking, so buyers were negotiating.

Months of supply is the homes for sale divided by the average month’s sales over the past year. Under four months is usually tight, four to six balanced, over six ample. Supply is one measure; read it with how close to asking homes sold. Sales usually slow through fall and winter, which stretches the figure.

What a typical sale looks like

Houses

1,083sq ft, typical size
1952typically built
4bedrooms
2bathrooms
71%finished basement
93%with a garage

Each figure is its own median across that type’s sales here in the past year, not one particular home. A half bath counts as half.

Sold prices against the City assessment

Houses that sold here had a median price of $391,000. The City’s 2026 assessment puts the median house in Elmwood Park at $342,500, across all 319 of them, so sales ran 14% above the roll. The assessment values every home as of July 1, 2025, so it trails the market; it is a starting point, not a sale price.

Houses across Zone 5

NeighbourhoodSalesMedian priceDays to sellSale-to-list
Alberta Avenue80$280,0002596.9%
Delton29$320,0003296.5%
Eastwood38$307,5002796.2%
Elmwood Park14$391,0002499.4%
Parkdale54$242,5002897.1%

Common questions

What is the average home price in Elmwood Park?

Over the past 12 months the median house in Elmwood Park sold for $391,000, across 14 sales.

How fast do homes sell in Elmwood Park?

The median house sold in 24 days over the past year, at 99.4% of its final list price.

Is Elmwood Park a buyer's or a seller's market?

Homes had 4.2 months of supply at the end of October 2026, which reads as balanced, and 60% sold under asking, so buyers were negotiating. Supply is one measure; read it with how close to asking homes sold, and remember that sales usually slow through fall and winter.

Where do these figures come from?

Closed sales on the REALTORS® Association of Edmonton MLS® System, November 2025 to October 2026, aggregated by Real Living. Every figure is a median or a count; no single sale is shown.

About these figures

Closed sales from the REALTORS® Association of Edmonton MLS® System, November 2025 to October 2026, with homes for sale counted on November 1, 2026. Houses include detached homes and freehold half duplexes; condo-titled townhouses and apartments are counted separately by building style. Lots and acreages are left out. Medians, not averages, and nothing per-property. Figures describe what sold, not what any specific home is worth.