If you own property near Carleton University, pay attention. This neighbourhood is not coasting - it is quietly sitting near the top of Ottawa's real estate leaderboard, and most owners have no idea.
The average HonestDoor Price for a house here is $1,367,200 - up 0.39% from last period. That sounds modest, but zoom out and the story gets interesting. The predicted market value sits at $1,361,871, and that number is climbing fast against a 3-month moving average of $1,264,557. That gap tells you momentum is real and recent.
That growth rank is the headline stat. Number 1 out of 99 neighbourhoods. We are not talking about a slow burn here - houses in Carleton University are outperforming almost every comparable pocket in the city right now.
Condos are taking a breather. The average HonestDoor Price dropped 9.44% to $813,725. But here is the thing - the predicted market value is actually $898,500, which is above the 3-month moving average of $856,992. The trend line is still pointing up, even if the most recent period pulled back.
Top 10 out of 104 neighbourhoods for condo growth. Even with the short-term dip, we are still in strong company compared to the rest of Ottawa.
Here is the honest truth. The city's property assessment is a snapshot frozen in time. It does not update when the market moves - and right now, the market is moving fast. A 14.71% recent change on houses means your assessed value could be thousands of dollars behind reality.
The HonestDoor Price is a real-world check. It pulls from current sales data and updates regularly, so it reflects what a buyer would actually pay today - not what the city decided your home was worth a year or two ago. If you are making any financial decision based on your tax assessment alone, you are working with old information.
Look at the neighbours for context. Glebe - Dows Lake houses average $1,465,311. Old Ottawa South sits at $1,137,549. Carleton University at $1,367,200 puts us right in the upper tier of that group - and our growth rank says we are the one to watch.
If you own a house here and have been sitting on the fence, the data is giving you a green light worth considering. A number 1 growth rank, a predicted value climbing above the 3-month average, and rental income potential of over $5,000 a month - that is a strong hand to hold going into a summer sale.
For condo owners, the short-term dip is real but the predicted value is recovering. If your timeline is flexible, the trend suggests patience has a payoff. If you need to move now, price it sharp - buyers will notice the gap between the dip and the predicted value.
Either way, the first step is knowing what your place is actually worth today. Check your HonestDoor Price before you call an agent, before you list, and definitely before you accept an offer. It is the number that reflects the real market - not the one on your tax bill.
carleton university | ottawa | 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.