Campbelton, Campbell River - September 2026 Real Estate Report

Campbelton Real Estate Check-In: Steady, Affordable, and Worth Watching

If you live in Campbelton and you haven't looked at your property's real market value lately, now is a good time to do that. The city's tax assessment is already out of date. The HonestDoor Price tells a different story - and for most homeowners here, it's a better one.

The Vibe: What's Actually Happening on Our Streets

Campbelton is not a flashy market right now. It's not trying to be. What we have here is a neighbourhood that holds its value quietly, attracts renters reliably, and sits at a price point that still makes sense for buyers who've been priced out elsewhere in Campbell River.

Here's the quick snapshot for the neighbourhood overall:

• Average HonestDoor Price: $546,208
• Average Assessed Value: $503,958
• HonestDoor Price is 8.38% above the city assessment
• Average Rental Estimate: $2,615 per month
• Average Airbnb Estimate: $130 per night
• 207 properties assessed this year
• Neighbourhood growth: 0.02% year over year

Houses: Slow and Steady

If you've been watching the "For Sale" signs in Campbelton, here's what's actually happening with houses right now. The market is balanced - not hot, not cold. Sellers are getting what they're asking for, but it's taking a while to find the right buyer.

• Average Sale Price: $416,300
• Current Average Listing Price: $477,000
• Price Per Square Foot: $487
• Sale-to-List Ratio: 100% - sellers are not giving ground
• Average Days on Market: 130 days
• Properties Sold in 2026: 1
• Predicted Market Value: $546,580
• 3-Month Moving Average: $547,258 - values are easing slightly
• Estimated Rent: $2,616 per month
• Rental Yield: 5.54% - that's a strong return
• Airbnb Income Potential: $130 per month
• Recent Value Change: up 0.42%

That 130-day average on market is the number to pay attention to. Houses here are not flying off the shelf. Buyers are taking their time, which means sellers need to be patient and priced right from day one. The good news is that when a deal does happen, it's happening at full asking price.

On the neighbourhood leaderboard, Campbelton houses rank 6 out of 9 for growth, 8 out of 8 for days on market (meaning we're the slowest-selling in the city), and 8 out of 8 for price - which makes us one of the most affordable options in Campbell River. That affordability is a real advantage if you're trying to attract buyers who want value.

Condos: A Different Animal Entirely

The condo picture in Campbelton is unusual. The numbers here are not typical for what most people picture when they think of this neighbourhood, so pay attention.

• Average HonestDoor Price: $1,519,454
• HonestDoor Price Change: up 2.06% from the previous period
• Average Rental Estimate: $5,459 per month
• Average Airbnb Estimate: $271 per night
• Predicted Market Value: $1,488,841
• 3-Month Moving Average: $1,491,150 - values are easing slightly
• Estimated Rent: $5,349 per month
• Rental Yield: 2.46% - moderate returns at this price point
• Airbnb Income Potential: $265 per month
• Recent Value Change: up 0.74%
• Airbnb Rank in Campbell River: 2 out of 9 - near the top

Condo values here are moving up while house values are essentially flat. The rental yield of 2.46% is moderate - you're not going to get rich on cash flow at that price point, but the Airbnb ranking of 2nd in all of Campbell River suggests strong short-term rental demand. If you own a condo here, that's worth knowing.

On the neighbourhood leaderboard, Campbelton condos rank 5 out of 9 for growth - right in the middle of the pack across the city.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here's the thing about your city assessment. It's a snapshot taken months ago, using data that's even older than that. It does not reflect what a buyer would actually pay for your home today.

The HonestDoor Price for houses in Campbelton is sitting at $546,580. The average city assessment is $503,958. That's a gap of roughly $42,000. If you're making any financial decision based on your assessed value - whether that's refinancing, selling, or just understanding your net worth - you're working with a number that's already behind.

The HonestDoor Price updates in real time using actual market activity. It's the real-world check on what your property is worth right now, not what a government formula said it was worth last year.

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

Here's the honest take for anyone considering listing in Campbelton this summer.

The market is not working against you, but it's not doing you any favours either. Homes are sitting for 130 days on average. That means if you want to sell before fall, you need to list soon and you need to price it right from the start. Overpricing and then chipping away at the number is a losing strategy in a slow-moving market - buyers notice.

The good news is that Campbelton is one of the most affordable neighbourhoods in Campbell River. Compared to nearby options, we're well below Quinsam Heights ($715,239 HonestDoor Price) and Campbell River North ($680,800). That gap is your selling point. Buyers who want to get into Campbell River without stretching their budget are going to look here first.

Rental demand is also real. A 5.54% rental yield on houses is genuinely strong. If your buyer isn't an owner-occupant, they're likely running the numbers on renting it out - and those numbers work in Campbelton.

Bottom line: price it accurately, lean into the affordability story, and give yourself enough runway. This is not a market where you can afford to sit at the wrong price for two months and then scramble.

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.