If you live in Bally Haly, you already know this neighbourhood punches above its weight in St. John's. The homes here are priced well above what you'll find on nearby streets, and that gap is not closing anytime soon. But the market is sending a few mixed signals depending on whether you own a house or a condo - and those differences matter for your wallet.
The average HonestDoor Price for a house in Bally Haly sits at $544,722. That is down a slim 0.37% from the previous period, and the 3-month moving average of $552,580 confirms the market is taking a breather. We are not talking about a freefall - this is a nudge, not a shove. The predicted value of $546,729 keeps things in a tight range.
Here is the part that should get your attention as a homeowner: houses here are renting for an estimated $2,587 per month, with a rental yield of 5.57%. That is a strong return by any measure. If you have ever thought about renting your place out, the numbers back you up.
Compare that to the streets nearby - Guzzwell Drive at $386,341, Rutledge Crescent at $376,129, and Drake Crescent at $358,596 - and Bally Haly houses are commanding a $160,000 to $186,000 premium. That gap is the neighbourhood's reputation doing the heavy lifting.
Condos in Bally Haly are moving in the opposite direction from houses right now, and that is actually worth paying attention to. The average HonestDoor Price is $232,524, which is down 5.87% from the previous period. That sounds rough. But the predicted value of $247,019 is sitting above the 3-month moving average of $229,157, which means the data is pointing toward a recovery in progress.
Condo growth here ranks 35 out of 92 comparable neighbourhoods in St. John's - that puts Bally Haly condos in the above-average tier on the neighbourhood leaderboard. For a property type that just took a short-term dip, that ranking is a decent signal that the floor is holding.
Here is the thing about your city assessment - it is a snapshot from the past. By the time that number lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. For Bally Haly homeowners, that difference is not trivial.
A house assessment from last year has no idea that your neighbourhood's rental yield just hit 5.57%, or that your Airbnb potential ranks 7th in all of St. John's. Your HonestDoor Price does. If you are making any financial decision - refinancing, selling, or just figuring out where you stand - the HonestDoor Price is the real-world check, not the government's outdated paperwork.
For house owners, the window is still open - but it is not as wide as it was a few months ago. Prices are easing slightly and the growth rank of 47 out of 91 tells us we are in the middle of the pack right now, not leading the charge. That said, a $544,722 average price with strong rental demand underneath it means serious buyers are still circling Bally Haly. Price it right and you will not be waiting long.
For condo owners, the short-term dip of 5.87% is the headline, but the predicted value climbing back above the moving average is the real story. If you can hold a few more months, the data suggests the worst may already be behind you. If you need to sell now, just know you are competing in a market where nearby condos in Guzzwell Drive and Drake Crescent are priced slightly higher - so presentation and pricing strategy matter more than ever.
Bottom line: Bally Haly is not a neighbourhood in trouble. It is a neighbourhood catching its breath. Check your HonestDoor Price today so you know exactly where you stand before you make your next move.
bally haly | st. johns | 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.