Blackburn, Prince George - October 2026 Real Estate Report
Blackburn Real Estate Check-In: Your House Is Worth Less Than the City Thinks
If you have been glancing at your property tax notice and feeling pretty good about your home's value, here is a reality check worth reading. The city's assessment and what buyers will actually pay right now are two different numbers - and in Blackburn, that gap is not small.
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 for us right now.
Houses - Holding Steady With a Slow Climb
If you own a house in Blackburn, the news is mostly good. The predicted market value sits at $417,937, and that number is actually ticking up from the 3-month moving average of $414,727. So the trend line is pointing in the right direction, even if it is not a rocket ship.
- Average HonestDoor Price: $412,618
- Predicted Market Value: $417,937
- Recent value change: up 0.55%
- Neighbourhood growth (year over year): 0.06%
- Growth rank: 11 out of 31 neighbourhoods in Prince George - that puts us in the above-average tier on the city leaderboard
- Average assessed value: $442,843
- Estimated monthly rent: $2,084 - $2,088
- Rental yield: 5.77% - that is a strong return for landlords
- Airbnb estimate: $103 - $104 per night
- Airbnb rank in Prince George: 25 out of comparable neighbourhoods
536 properties were assessed this year, so we have a solid data set to work with. The rental yield of 5.77% is genuinely strong - if you are an investor or thinking about renting your place out, Blackburn houses are pulling their weight.
Condos - Taking a Breather (And Then Some)
The condo picture is harder to spin positively, so we will just be straight with you. Values are sliding. The predicted market value is $342,629, but that is down from a 3-month moving average of $360,886. That is an 8.84% recent drop, and the growth rank of 28 out of 30 neighbourhoods puts Blackburn condos near the bottom of the Prince George leaderboard right now.
- Average HonestDoor Price: $330,193
- Predicted Market Value: $342,629
- Recent value change: -8.84%
- Growth rank: 28 out of 30 - bottom tier in Prince George
- Estimated monthly rent: $1,759 - $1,820
- Rental yield: 4.12% - moderate, not exceptional
- Airbnb estimate: $87 - $91 per night
- Airbnb rank in Prince George: 22
For context, nearby Airport condos are sitting at $336,800 - slightly above Blackburn. Millar Addition condos are cheaper at $236,844 but actually growing faster. If you own a condo here, this is not a panic moment, but it is absolutely a "pay attention" moment.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about government assessments - they are snapshots from the past. The city assessed Blackburn houses at an average of $442,843. But the HonestDoor Price for those same houses is $412,618. That is a $30,225 gap, and it means the city's number is running 6.83% higher than what the real-world market is showing today.
That matters for a few reasons. If you are pricing a home to sell based on your assessment, you could be walking into negotiations already overpriced. Buyers do their homework. They are not looking at your tax notice - they are looking at current market data. The HonestDoor Price updates in real time, pulling from actual market signals instead of a once-a-year government calculation. Think of it as the difference between last year's weather forecast and stepping outside right now.
For condo owners, the gap is even more important to understand. With values dropping recently, relying on an older assessment number could mean sitting on the market longer than you need to.
The "So What?" - Thinking About Selling This Summer?
For house sellers, the timing is not bad. Values are nudging upward, the 3-month trend is positive, and sitting at rank 11 out of 31 neighbourhoods means Blackburn is genuinely competitive in Prince George. You are not in the hottest pocket of the city, but you are not in the basement either. Price it right - meaning closer to the HonestDoor Price than your assessment - and you have a real shot at a clean sale this summer.
For condo sellers, the honest advice is this: do not wait and hope the numbers recover on their own. A rank of 28 out of 30 and a recent drop of nearly 9% means the market is soft right now for condos specifically. If you need to sell, price it sharp and move it. If you can hold, watch the next 90 days closely before committing.
Either way, the smartest first move is checking your actual HonestDoor Price at HonestDoor.com before you call an agent, set a price, or make any decisions. It takes about 30 seconds and gives you the number that actually reflects today's market - not last January's.
blackburn | prince george | 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.