How Does the Stony Plain Real Estate Market Compare to Neighboring Areas?
Stony Plain Market Real Estate
If you are looking at real estate west of Edmonton, you’ve likely narrowed your search to the “Big Three”: Edmonton (specifically the west end), Spruce Grove, and Stony Plain.
While they are only minutes apart, their real estate markets are surprisingly different in 2026. Choosing between them isn’t just about the house—it’s about property tax structures, lot sizes, and long-term appreciation. Here is how Stony Plain stacks up against its neighbors this year.
2026 Market Comparison at a Glance
| Feature | Stony Plain | Spruce Grove | Edmonton (West) |
| Average Price | $410k – $525k | $490k – $620k | $550k – $650k |
| Typical Lot Size | Large / Estate | Standard Suburban | Smaller / Infill |
| Property Tax (2026) | Historically Lower | Moderate (~4.5% rise) | Higher (~6.9% rise) |
| Primary Vibe | Small-Town Artsy | Active Suburban | Urban / Fast-Paced |
Stony Plain vs. Spruce Grove: The Neighborly Rivalry
The most common comparison is between the two Parkland County anchors.
- Affordability: Stony Plain consistently offers a “price break” over Spruce Grove. For the same 1,800 sq ft detached home, you can typically save $30,000 to $50,000 by driving just five minutes further west to Stony Plain.
- Inventory Styles: Spruce Grove is the king of the “New Build” and modern subdivision (like Fenwyck or Copperhaven). Stony Plain, however, dominates the market for large-lot bungalows and character homes.
- The “Crowd” Factor: Spruce Grove is busier and more commercial. Stony Plain has maintained its “Town” status, which means less traffic and a more intimate community feel.
Stony Plain vs. Edmonton: The Value Play
Many buyers in 2026 are fleeing the city core for Stony Plain to escape rising costs.
- Tax Advantage: Edmonton’s 2026 property tax hike of 6.9% has made the surrounding municipalities significantly more attractive. Stony Plain’s lower mill rate means your monthly carrying cost is lower, even if the mortgage amount is the same.
- Space for Your Dollar: In West Edmonton areas like Secord or Lewis Estates, you are often looking at smaller “zero-lot-line” properties. In Stony Plain communities like Genesis on the Lakes, you can get a sprawling executive lot for the price of a standard city lot.
- Commute Reality: With the twinning of Highway 16A and the expansion of the Anthony Henday, the “commute penalty” for Stony Plain has shrunk. You can often get to the West End of the city in 20 minutes.
Why Stony Plain is Winning the “Value” Category in 2026
- Lower Entry Points: It remains one of the few places in the Greater Edmonton Area where you can still find a move-in ready detached home for under $425,000.
- Infrastructure Growth: The investment in the new $40M+ Stony Plain Recreation Centre is a major draw. Historically, when a municipality builds a flagship rec center, nearby property values see a “bump” in the years following completion.
- The “Work from Home” Effect: As remote and hybrid work remain the norm in 2026, the need to be in the city daily has vanished for many. This has shifted buyer priority toward space and quiet, which Stony Plain provides in spades.
Comparing the Markets FAQs
Would you like a custom report comparing the 5-year appreciation rates of Stony Plain vs. Spruce Grove for your specific home type? Contact us today.
Is it harder to resell a home in Stony Plain than in Spruce Grove?
Historically, Spruce Grove had a slight edge in “Days on Market” because of its larger population. However, in 2025 and 2026, the gap has closed. Stony Plain homes are now selling just as fast as buyers hunt for affordability.
Which area has the better schools?
Yes. While mill rates change annually, Stony Plain has consistently stayed in the “9th lowest” category for urban municipalities in Alberta. When combined with the fact that Edmonton is facing much steeper increases in 2026, the annual savings in Stony Plain can be $500–$1,000+ per year on an average home.
Are property taxes really that different?
Property tax adjustments. Depending on the time of year you close, you may need to reimburse the seller for property taxes they have already pre-paid for the remainder of the year.
What about “Acreage Living” near these areas?
If you want an acreage, Stony Plain is often the preferred starting point. It offers easier access to the rolling hills and lakes of Parkland County to the west, whereas Spruce Grove is more hemmed in by industrial zones like Acheson.
Is there a “Social” difference?
Spruce Grove is the hub for sports and big-box shopping (the Tri-Leisure Centre, Superstore, etc.). Stony Plain is the hub for arts, culture, and local boutique shopping. Residents of both towns freely move between the two for amenities.
Which Market is Right for You?
- Choose Edmonton if you want the shortest commute and high-density urban living.
- Choose Spruce Grove if you want the newest subdivisions and proximity to major shopping.
- Choose Stony Plain if you want the best value, lower taxes, and a larger piece of land.
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