Blackburn, Prince George - July 2026 Real Estate Report

Blackburn Real Estate Check-In: Your House Might Be Worth Less Than the City Thinks

If you own a home in Blackburn and you have not looked at your property value lately, now is a good time to pay attention. The city's assessment says one thing. The actual market is saying something a little different - and the gap between those two numbers matters for your wallet.

The Vibe: What Is Actually Happening in Blackburn Right Now

Let's break it down by property type, because houses and condos are telling two very different stories in our neighbourhood right now.

Houses: Taking a Breather

The average HonestDoor Price for a house in Blackburn sits at $410,889. That is down 3.30% from the previous period. The 3-month moving average is tracking around $426,412, and the current predicted value of $426,074 is just below that - so we are seeing a slow, steady softening, not a cliff drop.

• Average HonestDoor Price: $410,889
• Predicted Market Value: $426,074
• 3-Month Moving Average: $426,412
• Recent Value Change: -0.67%
• Average Assessed Value: $444,488
• HonestDoor Price vs. Assessment: 7.56% lower
• Neighbourhood Growth (year over year): 0.05%
• Growth Rank in Prince George: 20 out of 31 - below average on the neighbourhood leaderboard
• Average Rental Estimate: $2,075 per month
• Rental Yield: 5.75% - strong returns for investors
• Airbnb Estimate: $103 per night
• Airbnb Rank in Prince George: 25
• Total Properties Assessed: 538

That 5.75% rental yield is genuinely solid. If you are holding a house in Blackburn as a rental, the income side of the equation is working in your favour even while prices cool off a bit.

Condos: The Quiet Outperformer

Here is the part of the Blackburn story that does not get enough attention. Condos are actually moving in the right direction. The average HonestDoor Price for a condo is $364,164, up 2.86% from the previous period. The predicted value of $354,029 is climbing above the 3-month moving average of $342,067 - that is a positive signal.

• Average HonestDoor Price: $364,164
• Predicted Market Value: $354,029
• 3-Month Moving Average: $342,067
• Recent Value Change: +1.90%
• Growth Rank in Prince George: 5 out of 30 - top performers on the neighbourhood leaderboard
• Average Rental Estimate: $1,925 per month
• Rental Yield: 4.11% - moderate but steady
• Airbnb Estimate: $95 per night
• Airbnb Rank in Prince George: 21

A top-5 growth rank out of 30 neighbourhoods is not something to brush off. Condo owners in Blackburn are sitting in a better spot than most people in Prince George right now.

How Does Blackburn Stack Up Against the Neighbours?

Context matters. Here is how we compare to the streets around us.

• Airport: House HD Price $194,355 - significantly cheaper than Blackburn. Condo HD Price $362,900 - roughly on par with us.
• Pulpmill Rd: House HD Price $617,649 and Condo HD Price $684,814 - a much higher price point in both categories.
• Millar Addition: House HD Price $407,856 and Condo HD Price $247,028 - houses are similar to Blackburn, but condos are considerably cheaper here.

Blackburn sits in a comfortable middle ground. We are not the cheapest option, but we are far from the most expensive. For condos especially, we are priced well above Millar Addition while still being accessible compared to Pulpmill Rd.

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

Here is the honest truth about that government assessment number. It is calculated once a year using data that can be months old by the time it lands in your mailbox. The market does not wait for paperwork.

For houses in Blackburn, the average assessed value is $444,488. The average HonestDoor Price is $410,889. That is a gap of roughly $33,600. If you are making any financial decision - refinancing, selling, even just understanding your net worth - using the assessed value right now means you are working with a number that is 7.56% higher than what the real-world market is actually reflecting.

The HonestDoor Price updates in real time using current sales data and market signals. It is the number your buyer's agent is already looking at. You should be looking at it too.

The So What - Thinking About Selling This Summer?

If you own a house in Blackburn and you are thinking about listing this summer, here is the straight talk. The market is soft but not broken. Prices are down modestly, growth is sitting in the bottom half of the Prince George neighbourhood leaderboard at 20 out of 31, and the HonestDoor Price is already running below the city's assessment. Pricing your home based on that assessed value of $444,488 is likely to leave you sitting on the market longer than you want.

The smarter move is to price closer to where the HonestDoor data is pointing - around $410,000 to $426,000 - and get ahead of any further softening. Buyers in this market are informed. They are checking real-time tools before they ever book a showing.

If you own a condo, the picture is brighter. You are in a top-5 growth neighbourhood for condos in Prince George, values are trending up, and the 3-month momentum is positive. If you have been waiting for a good window, this summer looks more favourable for condo sellers than it does for house sellers in Blackburn right now.

Either way, start with your HonestDoor Price. It is the real-world check that tells you where you actually stand - not where the city assessed you eight months ago.

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.