Question 1

What is the median sold price in Spruce Grove?

Accepted Answer

The median sold price in Spruce Grove is $441,275 based on 2,267 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.

Question 2

What is the average home price in Spruce Grove?

Accepted Answer

The average sold price in Spruce Grove is $454,137. Note that the average ($454,137) is higher than the median ($441,275), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Spruce Grove?

Accepted Answer

Home prices in Spruce Grove range from $18,000 to $1,090,000 based on recent sales data. This $1,072,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Spruce Grove selling above or below asking price?

Accepted Answer

On average, homes in Spruce Grove are selling at 99.6% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Spruce Grove?

Accepted Answer

Homes in Spruce Grove are selling in an average of 88 days. This indicates a buyer's market with more negotiating power for purchasers. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Spruce Grove?

Accepted Answer

The average price per square foot in Spruce Grove is $288. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $576,000.

Question 7

How active is the real estate market in Spruce Grove?

Accepted Answer

The Spruce Grove market has seen 2,267 home sales over the past 2 years, with 497 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

How many new listings are coming to market in Spruce Grove?

Accepted Answer

There have been 152 new listings in Spruce Grove during February 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Spruce Grove?

Accepted Answer

The most common property types selling in Spruce Grove are: single family (1,956 sold, avg $489,331), condo (279 sold, avg $245,104), land lease community (16 sold, avg $104,734). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Spruce Grove?

Accepted Answer

Detached homes in Spruce Grove are selling for an average of $397,500, with 1 sales over the past 2 years. The average price per square foot for detached homes is $384.

Question 11

How much do condos cost in Spruce Grove?

Accepted Answer

Condos and apartments in Spruce Grove are selling for an average of $245,104, with 279 sales over the past 2 years. Condos typically offer a more affordable entry point into the Spruce Grove market.

Question 12

How much do townhouses cost in Spruce Grove?

Accepted Answer

Townhouses in Spruce Grove are selling for an average of $350,000, with 1 sales over the past 2 years. Townhouses often provide a middle ground between condo living and detached home ownership.

Question 13

Are home prices rising or falling in Spruce Grove?

Accepted Answer

Home prices in Spruce Grove have increased by 11.5% over the past 2 years. The average sold price moved from $415,858 to $463,585. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 14

Is Spruce Grove a buyer's or seller's market?

Accepted Answer

Based on current data, Spruce Grove is a buyer's market. Homes are selling in 88 days on average and at 99.6% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 15

What percentage of homes sell above asking price in Spruce Grove?

Accepted Answer

In Spruce Grove, 28% of homes sold above asking price, while 57% sold below asking. A moderate number of homes attract multiple offers.

Question 16

What are the average property taxes in Spruce Grove?

Accepted Answer

The average annual property tax in Spruce Grove is $2,920, with a median of $3,007. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 17

What size homes are selling in Spruce Grove?

Accepted Answer

Homes selling in Spruce Grove range from 346 to 3,839 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 18

How much do home prices vary in Spruce Grove?

Accepted Answer

Spruce Grove shows relatively consistent pricing with a standard deviation of $147,246 around the average price of $454,137. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 19

Where can I find recently sold homes in Spruce Grove?

Accepted Answer

You can view a comprehensive list of houses sold in Spruce Grove right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 20

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 21

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Spruce Grove.

Recently Sold Homes in Spruce Grove

Spruce Grove Sold Data Overview

66 Recently Sold Homes in Spruce Grove (Last 30 days • Updated February 24, 2026 at 3:08 PM)

Spruce Grove Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Neighbourhood Sold Data

Frequently Asked Questions

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