Auburn, Peterborough - September 2026 Real Estate Report

Auburn, Peterborough: Your Neighbour Just Listed - Here Is What You Need to Know

If you have been watching the "For Sale" signs pop up around Auburn this season, here is the straight story on what your home is actually worth right now - and why the number on your tax bill is probably lying to you.

The Vibe: What Is Happening in Auburn Right Now

Auburn is taking a bit of a breather. Values are off slightly from their recent peaks, but the neighbourhood is holding its ground better than a lot of people think. The key is knowing which type of property you own, because houses and condos are telling two very different stories right now.

Houses in Auburn

The average HonestDoor Price for a house in Auburn sits at $660,525 - down 1.50% from the previous period. That is not a crash. That is a market catching its breath. The 3-month moving average is $672,735, and the predicted value is $670,565, which tells us we are hovering right around fair value territory.

Here is the part that should get your attention if you own a house here: the rental yield on Auburn houses is 5.30%. That is a strong return. It means if you are not living in it, someone else would happily pay $3,171 a month to do so.

• Average HonestDoor Price (Houses): $660,525
• Recent price change: -1.50%
• Predicted market value: $670,565
• 3-month moving average: $672,735
• Estimated monthly rent: $3,171
• Rental yield: 5.30% - strong returns
• Airbnb estimate: $158 per night
• Neighbourhood leaderboard rank (growth): 11 out of 24 in Peterborough - above average

On the leaderboard, Auburn houses rank 11 out of 24 comparable neighbourhoods in Peterborough for growth. That puts us solidly in the above-average half of the city. Not leading the pack, but not falling behind either.

For context, University Heights houses are priced higher at around $734,178, while Edmison Heights ($619,769) and Sunset ($561,013) both come in cheaper. Auburn sits in a comfortable middle ground - more accessible than University Heights, more established than Sunset.

Condos in Auburn

The condo story in Auburn is actually more interesting than the headline number suggests. Yes, the average HonestDoor Price dipped 2.10% to $492,994. But look closer: the predicted value is $503,587, and that number is moving up against a 3-month moving average of $499,234. The short-term trend is pointing in the right direction.

The bigger headline? Auburn condos rank 1 out of 22 comparable neighbourhoods in Peterborough for growth. First place. That is not a typo. While the average price has softened slightly, Auburn condos are outperforming every comparable neighbourhood in the city on the growth leaderboard.

• Average HonestDoor Price (Condos): $492,994
• Recent price change: -2.10%
• Predicted market value: $503,587
• 3-month moving average: $499,234 - predicted value is trending up
• Estimated monthly rent: $2,521
• Rental yield: 3.83% - moderate returns
• Airbnb estimate: $125 per night
• Neighbourhood leaderboard rank (growth): 1 out of 22 in Peterborough - top performer

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the thing about your city assessment - it is a snapshot taken in the past. The market does not wait for the government to catch up. By the time that assessment lands in your mailbox, it can be months or even years out of date.

The HonestDoor Price is a real-world check updated in real time. It pulls from actual market activity, not a bureaucratic calendar. Right now, for Auburn house owners, that means knowing your home is sitting around $660,525 - not whatever static number the city last stamped on your file. For condo owners, it means understanding that your $492,994 average is backed by a predicted value of $503,587 that is already trending upward.

That gap between your assessment and your HonestDoor Price? That is the difference between leaving money on the table and walking into a sale knowing exactly where you stand.

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

If you own a house in Auburn and you are thinking about listing this summer, the window is real but it requires smart pricing. Values are slightly off their peak, and buyers know it. Come in too high and you sit. Come in right and you move. The HonestDoor Price gives you the anchor point you need to have that conversation with your agent from a position of knowledge, not guesswork.

If you own a condo, the story is genuinely encouraging. Sitting at number one on the Peterborough growth leaderboard is a selling point - full stop. A buyer's agent is going to pull comps from University Heights ($588,878 predicted) and Edmison Heights ($485,122 predicted), and Auburn lands right in a competitive sweet spot. You are not the cheapest option, but you are the one with the best growth momentum behind it.

Bottom line for Auburn homeowners: the market is not on fire, but it is not broken either. Know your real number, price it right, and summer 2025 can still work in your favour.

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.