Houses Sold in Park Place — What Buyers Paid
Browse newly sold homes in Park Place. View today's MLS® sold listings and homes sold in the last 30 days.
Homes sold (last 365 days)
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Median sold price
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Average time to sell
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Whether you're looking for condos sold in Park Place, townhouse prices, or single-family homes — we have the MLS® sold data for every property type including duplexes, bungalows, and luxury properties.
Our Park Place 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.
Market data for Park Place is currently being updated. Check back soon for comprehensive MLS® sold data including median prices, days on market, and sale-to-list ratios.
0 Recently Sold Homes in Park Place (Last 365 days • Updated February 24, 2026 at 4:44 PM)
Showing 0 of 0. Sold details require a verified account.
No recent sold listings found.
What's Happening in Park Place Real Estate
Understand pricing, negotiation leverage, and market velocity based on recent sales.
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Significant negotiation room
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Homes sold (last 2 years)
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Months of Inventory (MOI)
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Absorption Rate (30d)
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New in February 2026
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Park Place vs Penhold
Park Place median sold price
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0 sold in last 365 days
Penhold median sold price
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0 sold in last 30 days
Neighbourhood Guide: Park Place, Penhold
Neighbourhood Overview
Park Place is a vibrant, family-oriented residential neighbourhood in Penhold, Alberta, known for its country living feel and strong sense of community. The area attracts a diverse mix of young professionals, growing families, and retirees who appreciate the balance of small-town connection with convenient access to larger urban amenities. With 0 active listings on the market, it remains an appealing destination for those seeking quality homes in a welcoming setting.
Location
Situated in the town of Penhold, Park Place benefits from a highly accessible location just off Highway 2A and the QE II corridor. Residents enjoy a peaceful atmosphere while being only about a 10-minute drive from the larger city of Red Deer, making it an ideal spot for commuters. The community is well-connected to major routes, allowing for easy travel throughout Central Alberta.
Housing Character
The housing landscape in Park Place is defined by its abundance of mid-range, single-family detached homes. Properties here typically feature quality construction on larger lots compared to nearby urban centres, providing excellent privacy and space. Currently, homes in the area see an average sold price of $0, with properties typically spending 0 days on the market. Options range from established houses with mature landscaping to newer builds, catering to a variety of lifestyle needs.
Schools & Education
Families in Park Place are served by the Chinook's Edge School Division, which offers comprehensive Pre-K to Grade 12 education within Penhold. A major educational hub for the community is the recently opened Penhold Waskasoo Middle School for Grades 4 through 8, which features a modern campus and a brand new, fully inclusive, wheelchair-accessible playground. The strong local school system makes the neighbourhood highly desirable for families.
Transit & Access
Transportation in and around Park Place is primarily car-dependent, though the community's layout encourages walking and biking for local trips. The proximity to Highway 2A and the Queen Elizabeth II Highway ensures straightforward commutes to Red Deer, Innisfail, and other regional destinations. While dedicated public transit within the neighbourhood is limited, the strategic highway access makes regional connectivity seamless.
Shopping & Dining
Residents of Park Place have convenient access to Penhold's growing commercial sector, which provides a variety of everyday essentials. Local amenities include grocery stores, pharmacies, coffee shops, hardware stores, and casual dining options just minutes away. For more extensive retail therapy and dining, larger shopping centres and entertainment districts in nearby Red Deer are easily accessible.
Parks & Recreation
Recreation is a cornerstone of life in Park Place, highlighted by the nearby Penhold Regional Multiplex. This expansive facility offers an indoor walking track, fitness centre, arena, gymnasium, and a public library. The multiplex grounds also host an RV park, a pump track, a skate park, soccer pitches, and ball diamonds. The neighbourhood itself features an abundance of green spaces, walking trails, and splash parks that support an active, outdoor lifestyle.
Lifestyle & Community
Life in Park Place offers a relaxed, rural charm without sacrificing modern conveniences. The neighbourhood fosters a close-knit, family-friendly environment where community events and outdoor activities are part of daily life. Homeowners can expect a stable market, reflected in a sale-to-list ratio of 0.0%, and a lifestyle that perfectly blends peaceful residential living with active community engagement.
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Frequently Asked Questions
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