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Recently Sold Homes in Parkallen (Edmonton), Edmonton

Find comparable sales in Parkallen (Edmonton). Use MLS® past sales data and comps to understand property values.

Homes sold in the last 30 days

7

Typical sale price

$710,000

Average time to sell

36 days

Data last updated: 2 hours ago

Whether you're looking for condos sold in Parkallen (Edmonton), townhouse prices, or single-family homes — we have the MLS® sold data for every property type including duplexes, bungalows, and luxury properties.

Our Parkallen (Edmonton) sold data shows what buyers actually paid. Compare prices by property type, find your perfect comp, and understand the true market value of homes in this area.

Parkallen (Edmonton) Sold Data Overview

Over the past 2 years, 97 homes have sold in Parkallen (Edmonton), Edmonton, with a median sold price of $525K. Sale prices have ranged from $188K to $1.47M. The typical home sells in 26 days, showing a balanced market. Homes are selling at 99.6% of their list price — very close to asking price. The most common property types sold include Detached Single Family (82), Condo (RAE) (15).

Recently Sold in Parkallen (Edmonton)

7 homes sold in the last 30 days. Showing 6 of 7 • Updated April 10, 2026 at 3:45 PM

View all 97 on the map
Tap any blurred sale to unlock the final sold price, full address, and sold date.

Understanding the Parkallen (Edmonton) Market

See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.

Median Sold Pricen=97

$525,000

Avg: $539,332

Range: $187,500$1,472,000

Sold % of Askingn=97

99.6%

Homes selling near asking

Avg Time to Selln=12(3-mo avg)

29 days

Seller's Market
3-mo avg
Avg $/Sqftn=97

$418

97 homes sold

Click a property type to view its trends in the chart below:

All Property Types

(click to filter chart)

2-Year Market Trends: All Property Types

(22 months)
$831k$626k$421k
A
M
J
J
A
S
O
N
J25
F
M
A
M
J
J
A
S
O
N
D
F
M
Apr 2024: $549,000+13.1% changeMar 2026: $621,114

Negotiation & Cost Insights

Sold Above Asking

31%

63% sold below

Home Size Range

5462,820

sq ft

Price Spread

±$196,845

standard deviation

97

Homes sold (last 2 years)

15

Currently for sale

2.1

Months of Inventory (MOI)

46.7%

Absorption Rate (30d)

4

New in April 2026

7 vs 4

Sold count (last 30 vs prior 30): +75.0%

Median price: $710,000 vs $519,000 (+36.8%)

How does Parkallen (Edmonton) compare to Edmonton?

Parkallen (Edmonton) typical sale price

$710,000

7 sold in last 30 days

Edmonton typical sale price

$420,000

1,313 sold in last 30 days

Neighbourhood Guide: Parkallen (Edmonton), Edmonton

Neighbourhood Overview

Parkallen is a mature, tree-lined residential neighbourhood in south Edmonton. Developed primarily after World War II in the late 1940s and 1950s, the area is celebrated for its tight-knit community spirit and park-like setting. With its quiet, curved streets and family-oriented atmosphere, Parkallen offers a tranquil suburban feel while remaining exceptionally close to inner-city amenities and the University of Alberta.

Location

Situated in south Edmonton's greater University area, Parkallen is bounded by 72 Avenue to the north, 61 Avenue to the south, 109 Street to the east, and 113 Street to the west. It lies immediately east of the University of Alberta South Campus and the Neil Crawford Centre, providing residents with straightforward commuter routes to Old Strathcona and the downtown core via 109 Street.

Housing Character

The neighbourhood's real estate landscape is dominated by single-family detached homes, characterized heavily by charming post-war bungalows set on spacious lots with mature landscaping. While heritage 1950s architecture is prevalent, the area has also seen an influx of premium modern two-storey infill development. A smaller selection of low-rise apartments and duplexes can be found along the community's perimeter. Properties here reflect a highly desirable market positioning, with an average sold price of $539,332 and homes typically spending 29 days on the market.

Schools & Education

Education in the neighbourhood is anchored by Parkallen School, an elementary school centrally located within the community that offers regular programming, a Chinese (Mandarin) Bilingual program, and specialized inclusive education. For older students, the area is conveniently served by nearby Allendale Junior High School and the highly regarded Strathcona High School.

Transit & Access

Transit connectivity is a major advantage for Parkallen residents. The community is within a short walk, bike ride, or bus connection to the South Campus/Fort Edmonton Park LRT station. This light rail access provides a rapid, direct commute to the University of Alberta main campus, downtown Edmonton, and destinations further south. Arterial roads bordering the neighbourhood also host regular transit routes.

Shopping & Dining

Though Parkallen is designed as a quiet residential enclave, it features a small, convenient commercial node near the centre of the neighbourhood. For more extensive shopping and dining, residents are only minutes away from the vibrant retail and culinary scene of Whyte Avenue in Old Strathcona to the north, as well as the major retail outlets and services at Southgate Centre just a short distance south.

Parks & Recreation

Green space and outdoor activity are central to the neighbourhood's design. The community revolves around Ellingson Park and Violet Archer Park, which provide residents with playgrounds, basketball courts, and open fields. The highly active Parkallen Community League operates a community hall, an outdoor skating rink, and a popular community garden lovingly maintained by local volunteers.

Lifestyle & Community

Parkallen offers an engaged, active, and inclusive lifestyle. The neighbourhood is highly sought after by academics, professionals, and families who value its safety, walkability, and strong sense of community. Residents enjoy year-round community league programming, from youth soccer and community gardening in the summer to the beloved annual Snowfest winter party.

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Frequently Asked Questions

The median sold price in Parkallen (Edmonton) is $525,000 based on 97 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Website provided by Kelly Grant

Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

The MLS® System Data is made available from the REALTORS® Association of Edmonton.

Days on hômm and market statistics values are calculated by hômm based on values provided in the REALTORS® Association of Edmonton listing data feed.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

*Sold date and price are as reported on the RAE's MLS® system.

Listing information last updated on April 11, 2026 at 6:00 pm (America/Edmonton)

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