Auburn, Peterborough - October 2026 Real Estate Report
Auburn, Peterborough: Prices Are Sliding - Here Is What Your Home Is Actually Worth Right Now
The Vibe in Auburn
If you have been watching the "For Sale" signs in Auburn lately, here is what is actually happening. The market is taking a breather. Both houses and condos have dipped in value over the last period, and the 3-month moving averages confirm this is not just a blip. That said, Auburn is not falling apart - it is recalibrating. Here is the breakdown for us locals.
Houses in Auburn
The average HonestDoor Price for a house in Auburn sits at $646,857 - down 2.07% from the previous period. The predicted market value comes in a touch higher at $660,525, but that number is also trending down from the 3-month moving average of $663,552. So the direction is clear: values are easing off.
On the neighbourhood leaderboard, Auburn houses rank 17 out of 24 for growth in Peterborough. That puts us in below-average territory right now. Not last place, but not a market you would call hot either.
The silver lining? If you own a house here and are thinking about renting it out, the numbers are genuinely solid. Estimated rent runs $3,088 to $3,137 per month, with a rental yield of 5.32%. That is a strong return. Short-term rental potential clocks in around $153 to $156 per night on Airbnb, ranking 11th in Peterborough for Airbnb performance.
- HonestDoor Price (houses): $646,857
- Recent price change: -2.07%
- Predicted market value: $660,525
- 3-month moving average: $663,552
- Estimated monthly rent: $3,088 - $3,137
- Rental yield: 5.32%
- Airbnb estimate: $153 - $156 per night
- Growth rank: 17 out of 24 in Peterborough
Condos in Auburn
Condos are feeling the pressure more than houses right now. The average HonestDoor Price is $455,185 - down 7.67% from the previous period. That is a meaningful drop. The predicted value of $492,994 is also sliding below the 3-month moving average of $502,811.
On the leaderboard, Auburn condos rank 17 out of 22 for growth. Again, below average for Peterborough. If you own a condo here, this is not the moment to assume your value held steady.
Rental income for condos is more modest, with estimated rent around $2,316 to $2,479 per month and a rental yield of 3.85%. That is a moderate return - workable, but not exceptional. Airbnb potential sits at roughly $115 to $123 per night, ranking 14th in the city.
- HonestDoor Price (condos): $455,185
- Recent price change: -7.67%
- Predicted market value: $492,994
- 3-month moving average: $502,811
- Estimated monthly rent: $2,316 - $2,479
- Rental yield: 3.85%
- Airbnb estimate: $115 - $123 per night
- Growth rank: 17 out of 22 in Peterborough
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing most Auburn homeowners do not realize. Your city assessment is a snapshot frozen in time. It does not know about the last few months of price movement. It does not know that Auburn condos just dropped 7.67%. It is working off old data, and in a shifting market, old data can cost you real money.
The HonestDoor Price is updated in real time. It reflects what is actually happening on the street right now - not what was happening 12 or 18 months ago when the city last looked. If you are making any financial decision tied to your home's value - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check you need. Your tax assessment is not that.
With values moving the way they are in Auburn, checking your HonestDoor Price today versus six months ago could genuinely change the conversation you have with your bank or your agent.
The So What - Thinking About Selling This Summer?
Straight talk: this is not the easiest summer to sell in Auburn. Values are down, the growth rank is sitting in the bottom half of Peterborough, and buyers know it. That does not mean you should not sell - it means you need to price it right from day one.
Overpricing a house right now because you are anchored to what your neighbour got two years ago is the fastest way to sit on the market and eventually drop anyway. A house priced at or just under the HonestDoor Price of $646,857 will attract serious buyers. A house priced above it will attract crickets.
For condo owners, the math is tougher. A 7.67% drop is significant. If you have flexibility on timing, it is worth watching the next 60 to 90 days to see if the slide stabilizes. If you need to move, price aggressively and lean into the rental yield story - $2,479 per month in rent is a real selling point for investor buyers.
Bottom line: Auburn is not broken, it is just adjusting. Know your real number, price with your eyes open, and you will be fine.
auburn | peterborough | 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.