Agassiz, Winnipeg - October 2026 Real Estate Report
Agassiz Real Estate Update: Houses Are Flying Off the Market, But Watch the Value Trend
The Vibe Right Now
If you live in Agassiz and you've been half-watching the market, here's the honest version of what's happening. Houses are selling fast - really fast - but the price trend has a small wrinkle worth knowing about. Let's break it down.
Houses: The Good, The Fast, and The Fine Print
The house market in Agassiz is still firmly in sellers' territory. When homes do hit the market, buyers are not messing around.
- Average sale price: $649,350
- Average list price this month: $469,900
- Homes are selling at 103.09% of list price - buyers are paying over asking
- Average days on market: 5 days
- Only 2 sales recorded this period
- Price per square foot: $372
Five days on market. That is not a typo. Agassiz ranks 5th out of 78 Winnipeg neighbourhoods for how fast homes sell. That is a top-tier speed stat. When we say the market is competitive here, the numbers back it up.
Now for the fine print. The predicted market value for houses sits at $518,342, and that number is drifting down slightly from the 3-month moving average of $526,056. Property values have shifted by -2.30% recently, and on the neighbourhood growth leaderboard, Agassiz ranks 152 out of 191 Winnipeg neighbourhoods. That puts us in below-average territory for growth right now. The market is not collapsing - it's taking a breather on the appreciation side. But sellers are still getting strong prices when they list, so the window is open.
One bright spot worth flagging: the rental yield on houses sits at 5.60%, with an estimated rent of $2,593 per month. For anyone thinking about holding rather than selling, that is a solid return.
Condos: Proceed With Caution on the Data
We have to be straight with you here. The condo data for Agassiz is showing an average HonestDoor Price of $19,988,200 with a rental estimate of $24,930 per month. Those numbers are extreme outliers - likely driven by a single unique property skewing the average. We would not use those figures to make any decisions about a typical condo in this neighbourhood. If you own a condo in Agassiz, pull your individual HonestDoor Price directly for an accurate read on your specific unit.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about city assessments - they are snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price for houses in Agassiz is currently sitting at $522,236, up 0.75% from the previous period. That is a live, real-world estimate built on actual transaction data, not a government formula that gets updated every few years.
With only 4 property transactions recorded in Agassiz in 2026 so far, every single sale moves the needle here. A static assessment cannot capture that kind of sensitivity. Your HonestDoor Price can. If your city assessment feels off - too low or too high - checking your HonestDoor Price right now gives you the most current picture of what your home is actually worth in today's market.
The "So What?" - Thinking About Selling This Summer?
If selling is on your radar, here is what the data is telling us:
- Buyers are still paying over asking - 103% of list price on average
- Homes are gone in 5 days, so a well-priced listing will not sit
- Agassiz ranks 27th out of 188 Winnipeg neighbourhoods for price - we are in the expensive tier, which is a good place to be as a seller
- The growth rank of 152 out of 191 means values are not climbing fast right now - waiting for a big appreciation bump may not pay off
- Nearby Montcalm averages $542,368 and Pembina Strip sits at $489,083 - Agassiz is priced competitively in the middle of that range
The short version: if you are thinking about listing this summer, the conditions are still working in your favour. Buyers are motivated, inventory is thin, and homes are moving quickly. But the value trend is softening, not surging. Listing sooner rather than later - and pricing it right - is the smarter play based on what we are seeing right now.
Check your personal HonestDoor Price at HonestDoor.com to see exactly where your home stands before you make any moves.
agassiz | winnipeg | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.