Aldergrove, Edmonton - July 2026 Real Estate Report

Aldergrove Real Estate Update: Your House Is Worth Way More Than the City Thinks

If you have been glancing at your property tax notice and wondering if the numbers add up, here is the short answer: they do not. The city's assessment and what your home would actually sell for in today's market are two very different figures - and in Aldergrove, that gap is significant.

The Vibe: What Is Actually Happening in Our Neighbourhood

Houses - A Buyer's Market With Real Opportunity

If you have been watching the "For Sale" signs on our streets, here is what is actually happening. Houses in Aldergrove are sitting on the market for an average of 56 days right now. That is nearly twice as long as nearby Belmead, where homes are moving in 29 days. The market is taking a breather, and buyers know it.

• Average sale price: $379,429
• Current average list price: $427,450
• Price per square foot: $514
• Homes are selling at 98.34% of list price - buyers are getting small discounts
• 7 houses sold this month
• 56 average days on market

The predicted market value for houses sits at $597,837, which is ticking up from the 3-month moving average of $592,177. So while the pace is slower, values are not falling - they are quietly climbing. For anyone thinking about renting instead of selling, the estimated rent of $2,600 per month delivers a rental yield of 5.66%. That is a strong return by any measure.

On the neighbourhood leaderboard, Aldergrove houses rank 139 out of 302 Edmonton neighbourhoods for growth - solidly above average. For price, we sit at 274 out of 285, which means we are among the most affordable options in the city. That is not a bad thing. It means there is room to run.

Condos - Fast-Moving and Under the Radar

The condo story in Aldergrove is a different one. Only 1 condo sold this month, but it moved in just 9 days. That earns us a days-on-market rank of 2 out of 108 Edmonton neighbourhoods - meaning our condos are among the fastest-selling in the entire city when they do hit the market.

• Average sale price: $240,000 - up 18.1% from last month
• Current average list price: $248,900
• Price per square foot: $202
• Properties selling at 96.42% of list price
• 1 condo sold this month
• 9 average days on market

The predicted market value for condos is $174,201, up from the 3-month moving average of $172,303. Rental income potential sits at $953 per month with a 4.33% yield - moderate, but steady. For investors watching the entry-level market, Aldergrove condos are priced below nearby Belmead, Lymburn, and Thorncliff, which all come in above $211,000. We are the affordable option in a competitive cluster of west Edmonton neighbourhoods.

The Secret Sauce: Why You Should Check Your HonestDoor Price Today

Here is the number that should get your attention. The city's average assessed value for a house in Aldergrove is $414,057. The average HonestDoor Price is $608,037. That is a gap of 46.85%. The city's assessment is a static snapshot, calculated months in advance using old data. It does not reflect what a buyer would actually put on the table for your home today.

The HonestDoor Price is updated in real time using current sales, market trends, and live listing data. It is the real-world check against a number that was already outdated the moment it was printed on your tax notice. And right now, that price has increased 1.71% from the previous period. Values are moving - and the city's assessment is not keeping up.

For condos, the assessed value averages $169,551 while the HonestDoor Price comes in at $177,011 - a 4.40% difference. Smaller gap, but the same principle applies. If you are making any financial decision based on your assessment alone, you are working with incomplete information.

The "So What?" - Thinking About Selling This Summer?

If you are weighing a sale this summer, here is the honest picture for Aldergrove.

For house sellers - the market is slower than some nearby neighbourhoods, and buyers have a little more leverage right now. Homes are selling just under list price, and 56 days on market means you need to price sharp from day one. The good news is that your actual market value is likely far higher than your assessment suggests, and values are still trending up. Price it right and you will find a buyer. Overprice it and you will sit.

For condo sellers - the window moves fast when it opens. One condo sold in 9 days this month. Inventory is thin, and when a well-priced unit hits the market, buyers are ready. The 18.1% jump in average sale price from last month shows demand is real. If you have been on the fence, this summer could be a smart time to act.

For everyone - check your HonestDoor Price before you do anything else. With 1,272 houses and 312 condos assessed in Aldergrove this year, and 40 total property transactions recorded in 2026, there is enough real data to give you a number you can actually trust. Do not let a government assessment from six months ago be the starting point for the biggest financial decision you will make this year.

This 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.