Broughton West, Hamilton - September 2026 Real Estate Report

Broughton West, Hamilton: Your Home Is Worth More Than the City Thinks - But the Gap Is Closing

The Vibe Right Now

If you've been watching the "For Sale" signs in Broughton West lately, here's what's actually happening. The market is taking a breather. Not crashing, not booming - just catching its breath. And depending on whether you own a house or a condo, that story looks a little different for us.

Houses: Still a Sellers' Game, But Watch the Trend

The honest truth on houses? There's still some strength here. The one house that sold recently went for $1,020,000 - and it sold at 102% of list price. That means the buyer paid above asking. That's a sellers' market signal, full stop.

But here's the nuance. The HonestDoor Price for houses in our neighbourhood sits at $884,700, and it's down 2.58% from the previous period. The predicted market value is $908,157, which is also sliding below the 3-month moving average of $926,826. The direction of travel matters. We're not in freefall, but the peak may be behind us for now.

• Average HonestDoor Price (Houses): $884,700
• Recent change: -2.58%
• Predicted market value: $908,157
• 3-month moving average: $926,826
• Recent sale price: $1,020,000 (102% of list)
• Average days on market: 30 days
• Price per square foot: $391
• Estimated monthly rent: $3,900
• Rental yield: 4.94%

On the neighbourhood leaderboard, houses here rank 102 out of 201 for growth in Hamilton - that's below average. Price rank is 29 out of 73, which puts us above average in terms of what homes are actually worth. So we're a pricier pocket of the city, but we're not leading the growth race right now.

For landlords doing the math: a rental yield of 4.94% is a respectable return. Not spectacular, but solid. The Airbnb picture is thinner - roughly $194 a month in estimated income, with an Airbnb rank of 107 in Hamilton. Short-term rental isn't the play here for houses.

Condos: Taking a Bigger Breather

Condos in Broughton West are feeling more pressure. The HonestDoor Price is $502,381, down 0.28% - a smaller dip on paper, but the predicted value has slipped 4.10% recently to $503,787. That's a meaningful move. The 3-month moving average was $520,169, so we're tracking below where we were just a quarter ago.

• Average HonestDoor Price (Condos): $502,381
• Recent change: -0.28%
• Predicted market value: $503,787
• 3-month moving average: $520,169
• Recent value change: -4.10%
• Estimated monthly rent: $2,555
• Rental yield: 3.83%

On the neighbourhood leaderboard, condos rank 132 out of 188 for growth in Hamilton. That's a below-average position, and it's worth knowing. Nearby Eleanor condos are predicted at $541,381 and Chappel East at $579,734 - both higher than us. If you own a condo here and you're thinking about your next move, the window to act at peak value may have already passed.

The rental yield of 3.83% is moderate - it covers costs for many investors, but it's not a standout number. Airbnb potential is roughly $127 a month, ranking 110 in Hamilton. Again, not the short-term rental hotspot of the city.

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

Here's the thing about your city assessment. It's a snapshot from the past. The city looks at sale data from a fixed point in time and applies it broadly. It doesn't know that values in Broughton West have shifted in the last few months. It doesn't know your neighbour's renovation added value. It doesn't update in real time.

The HonestDoor Price does. It pulls from current market activity and recalculates constantly. Right now, for houses, it's showing $884,700 - and that number is moving. A 2.58% drop from the previous period is the kind of shift your tax assessment won't reflect until years later. If you're making a financial decision - selling, refinancing, or even just understanding your net worth - the HonestDoor Price is the real-world check you need, not a number the city stamped on your file two years ago.

Think of it this way: your assessment is a yearbook photo. The HonestDoor Price is what you actually look like today.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Broughton West and you're weighing a summer sale, the data says: don't wait too long. The one recent sale went above asking, which is a good sign. But the trend line on predicted values is pointing down, not up. Selling into a market where buyers are still paying 102% of list is a better position than selling into one where that number has slipped to 97%.

For condo owners, the conversation is more urgent. A -4.10% recent value change and a growth rank of 132 out of 188 in Hamilton means the momentum is not on your side right now. If selling is on your radar for this year, sooner is likely better than later.

For buyers, Broughton West houses are priced above average for Hamilton - rank 29 out of 73 - so you're not getting a bargain-bin deal. But with values softening and days on market sitting at 30, you have a bit more room to negotiate than you did six months ago. That's a shift worth using.

Bottom line: check your HonestDoor Price today. Not next spring when the assessment arrives in the mail. Today. The market is moving, and the number on that city notice is already out of date.

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.