97% of Sherwood’s homes have been built since 2001, against 24% for Alberta’s towns
In May 2021 the median owned home was worth $600,000 by its owner’s reckoning, the average one $562,612. Statistics Canada’s housing statistics carry no sale prices in Alberta; the census value stands in for Sherwood. For 2024, the median assessed value of a residential property is $525,000. For assessed values, values by property type and building permits, the only official count covers all of the city of Calgary, Sherwood included.
What Sherwood’s homes are worth, two ways
Each source sits beside its own median for Alberta’s towns; none compares across provinces, which value homes in their own ways. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales.
median, owners’ estimate
- Average
- $563K
- Owners
- 1,455
- Alberta’s towns
- $400K
- The typical Canadian town
- $406K
all residential
- Alberta’s towns
- $297K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
On the assessment roll, Calgary’s houses sit 88% above Alberta’s towns
Detached houses account for 62% of the 483,605 properties on Calgary’s 2024 roll; condos for 18%.
Median assessment by type, 2024 the tick is the median of Alberta’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Alberta’s towns with their own figure; assessments compare within a province only.
Condominiums are 32% of Sherwood’s homes, against 15% for Alberta’s towns
The 2021 census counted 2,030 occupied homes in Sherwood; 64% of them are single-detached houses. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Sherwood | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 32% | 15% | 8% |
| Needing major repairs | 1% | 5% | 6% |
| Too small for the household | 8% | 4% | 3% |
| Households in core housing need | 11% | 8% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Building ahead of Alberta’s towns: 26.6 new homes a year per 1,000 in Calgary, against 7.5
Calgary issued permits for 77,275 new homes from 2018 to 2023, or about 12,879 a year. The mix: 26% in single-unit buildings, beside 69% for Alberta’s towns.
The busiest year: 2023, with 18,187 new homes
New homes a year per 1,000 homes
Level with the year before: 26,142 new homes to August 2026
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021. · Data for monthly permits covers the Calgary metro area
Sherwood is 50% above the $400,000 median of Alberta’s towns
The census values of Alberta’s towns, 478 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Sherwood: Kincora, Nolan Hill and Sage Hill
Next to Sherwood: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Sherwood | $600K | $563K | 71% | |
| Kincora | $536K | $479K | 72% | 1.2 |
| Nolan Hill | $540K | $538K | 83% | 1.8 |
| Sage Hill | $400K | $438K | 82% | 1.8 |
| Hamptons | $650K | $709K | 93% | 1.9 |
| Citadel | $448K | $445K | 87% | 2.5 |
| Hidden Valley | $448K | $469K | 88% | 2.9 |
Census 2021 values; km.
Questions about property prices in Sherwood
Is Sherwood expensive for Alberta?
Dearer than the middle: Alberta’s towns come to $400,000, Sherwood to more.
How many households in Sherwood are in core housing need?
Statistics Canada puts 11% of Sherwood’s households in core housing need, much as for Alberta’s towns (8%).
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).