Blakeley, Hamilton - October 2026 Real Estate Report
Blakeley, Hamilton: Two Very Different Stories Under One Roof
The Vibe Right Now
If you live on a house-lined street in Blakeley, the market is taking a breather. If you own a condo here, you might be sitting on something genuinely surprising. We are not dealing with one market in Blakeley right now - we are dealing with two.
Houses: Steady, But Watch the Trend
The average HonestDoor Price for houses in Blakeley sits at $693,204, down a modest 0.73% from last period. Actual sales are averaging $737,000, with current listings asking $749,000. That gap matters - buyers are paying about 98.80% of list price, which means sellers are giving a little ground to get deals done.
- Average HonestDoor Price: $693,204 (down 0.73%)
- Average sale price: $737,000
- Current average list price: $749,000
- Price per square foot: $437
- Sale-to-list ratio: 98.80%
- Average days on market: 39 days
- Predicted market value: $698,294
- 3-month moving average: $725,159
- Recent value change: -3.39%
- Rental estimate: $3,229 per month
- Rental yield: 5.26%
That predicted value of $698,294 is running below the 3-month moving average of $725,159. That is the market telling us prices have softened recently, not collapsed. Homes are still selling - just slower. At 39 days on market, buyers here are taking their time, and that tracks with a days-on-market rank of 29 out of 45 neighbourhoods tracked in Hamilton. Not the fastest-moving pocket in the city.
On the neighbourhood leaderboard, Blakeley houses rank 165 out of 198 for growth in Hamilton. That puts us near the bottom tier for appreciation right now. For context, nearby Delta West is pricing higher at a predicted $792,739, and St. Clair is also running ahead. Raleigh, at $589,625, is the more affordable option nearby if buyers are shopping around.
The one bright spot for house owners? That 5.26% rental yield is genuinely strong. If selling is not on the table, renting at an estimated $3,229 per month is a real option worth running the numbers on.
Condos: The Plot Twist Nobody Is Talking About
Here is where Blakeley gets interesting. The condo picture looks completely different from the house market, and most people in the neighbourhood have no idea.
- Average HonestDoor Price: $4,551,506 (down 0.60%)
- Predicted market value: $4,578,878
- Recent value change: +99.37%
- Rental estimate: $12,086 per month
- Airbnb estimate: $600 per night
- Airbnb rank in Hamilton: 1st
- Growth rank: 10 out of 186 neighbourhoods in Hamilton
A growth rank of 10 out of 186 puts Blakeley condos in the top tier of Hamilton neighbourhoods. That near-doubling in value recently is a number that demands attention. The Airbnb rank of 1st in all of Hamilton for condos is also not a small thing - if short-term rental income is part of your strategy, Blakeley is apparently the place to be.
The rental yield of 1.27% is moderate given the price point, which makes sense at this value level. But the growth story here is the headline.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Your city assessment is a snapshot from the past. It does not update in real time, and it does not know that your street has changed, that a nearby sale just shifted the benchmark, or that the condo market in Blakeley has moved dramatically. The HonestDoor Price is a live estimate - it pulls in current sales data, local trends, and comparable properties to give you a number that actually reflects today, not two years ago.
For house owners in Blakeley, the HonestDoor Price of $693,204 is your real-world check right now. If your tax assessment is higher, do not assume that is what a buyer will pay. If it is lower, you may have more equity than the city is giving you credit for. Either way, knowing your actual number is the starting point for any smart decision.
For condo owners, the gap between a static government assessment and a current HonestDoor Price could be significant given the growth this segment has seen. Check it. Seriously.
So What Does This Mean If You Are Thinking About Selling This Summer?
For house sellers - be realistic and be ready to negotiate. Buyers are paying just under list price, and homes are sitting for over a month on average. That does not mean you cannot sell well, it means you need to price right from day one. Coming in too high and chasing the market down is the worst outcome in a stable buyers market. Price it sharp, present it well, and you can still get close to that $737,000 average.
For condo owners - the data suggests you are in a stronger position than most people in Hamilton right now. A top-10 growth rank and the number-one Airbnb ranking in the city are real leverage points. If you have been on the fence, this summer is worth a serious conversation with your agent.
Either way, pull your HonestDoor Price before you do anything else. It takes two minutes and it gives you the honest starting point - not the number the city printed on a form last year.
blakeley | hamilton | 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.