If you've been watching the "For Sale" signs in Bonnerworth, here's what's actually happening. The market is not moving in one direction - it depends entirely on what you own. Houses and condos are on completely opposite tracks right now, and that gap matters for your wallet.
Let's be straight with you. If you own a house in Bonnerworth, values are dipping. The average HonestDoor Price sits at $621,843, down 3.39% from the previous period. The predicted market value for houses is $643,690, and that number is sliding - it's down slightly from the 3-month moving average of $643,826.
On the neighbourhood leaderboard, our houses rank 21 out of 25 for growth in Peterborough. That puts us near the bottom of the pack right now. Not a crisis, but not something to ignore either.
The silver lining? If you're a landlord or thinking about becoming one, houses here still pull serious rental income. Here's the snapshot:
A 5.36% rental yield is genuinely solid. It means the rent coming in covers a healthy chunk of what the property is worth. For investors, that's the number to pay attention to.
Condo owners in Bonnerworth, we have some good news. The average HonestDoor Price for condos is $840,871 - up 11.50% from the previous period. The predicted market value is $754,156, and it's climbing past the 3-month moving average of $732,059. That's real upward momentum.
On the neighbourhood leaderboard, Bonnerworth condos rank 11 out of 22 in Peterborough - above average. Not leading the pack, but firmly in the better half. Here's the full picture:
That Airbnb rank of 3 in Peterborough is worth flagging. If you own a condo here and you're not at least running the numbers on short-term rental income, you're leaving money on the table.
Context matters. Here's how we compare to the streets around us:
For condos, the comparison flips. North Central condos average $983,428 - significantly higher than Bonnerworth. Highland comes in at $485,459 and Westmount at $599,122, both cheaper. That tells us Bonnerworth condos sit in an interesting middle ground - not the priciest, but clearly not the budget option either.
Here's the thing about your city assessment - it's a snapshot from the past. By the time it lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. It's the difference between checking yesterday's weather and looking out your window right now.
For house owners in Bonnerworth, the HonestDoor Price of $621,843 versus the predicted market value of $643,690 tells you something useful - there's a gap worth understanding before you price anything. For condo owners, an 11.50% jump in HonestDoor Price is the kind of shift that a static government assessment will completely miss for months, maybe longer.
If you're making any financial decision tied to your home - refinancing, selling, renting - use the number that reflects today, not last year.
If you own a house in Bonnerworth, the honest answer is: timing matters more right now than it did a year ago. Values are off 3.39% and the growth rank of 21 out of 25 means we're not in a hot seller's market. That doesn't mean don't sell - it means price it right from day one. Overpricing a house in a softening market is the fastest way to sit on it all summer.
The rental yield of 5.36% is a real alternative worth considering. If selling isn't urgent, holding and renting could make strong financial sense while the market finds its footing.
If you own a condo, the picture is brighter. Values are up, momentum is positive, and you're sitting above average on the neighbourhood leaderboard. Summer 2025 could be a genuinely good window to list. Buyers looking at Peterborough condos will be comparing you to Highland at $485,459 and Westmount at $599,122 - and at $840,871, you need to make sure your unit justifies that premium. If it does, move with confidence.
Bottom line: check your HonestDoor Price before you do anything else. It's the fastest, most accurate read on where you actually stand today.
bonnerworth | peterborough | july 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.