Carleton University, Ottawa - September 2026 Real Estate Report

Carleton University, Ottawa: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own property near Carleton University, the story depends heavily on what you own. Houses and condos are moving in completely different directions, and knowing which side you are on could change how you think about your next move.

Houses - Taking a Breather, But Still Commanding Big Numbers

The average HonestDoor Price for a house in Carleton University sits at $1,361,871 - up 14.71% from the previous period. That is a serious jump. But here is the honest part: the short-term predicted market value has pulled back to $1,187,229, down from a 3-month moving average of $1,239,595. Values have shifted -4.61% recently.

On the neighbourhood leaderboard, houses here rank 98 out of 98 for recent growth. That means the short-term momentum has stalled. This is not a crash - it is the market catching its breath after a strong run. For sellers, timing matters right now.

• Average HonestDoor Price: $1,361,871
• Predicted Market Value: $1,187,229
• 3-Month Moving Average: $1,239,595
• Recent Value Change: -4.61%
• Average Rental Estimate: $5,136 per month
• Rental Yield: 4.69%
• Airbnb Estimate: $254 per night - ranked 5th in Ottawa
• Growth Rank: 98 out of 98

The Airbnb picture is genuinely strong though. A rank of 5th in all of Ottawa for short-term rental potential means if you have a house here, guests want to be here. That is a real income lever for owners who are not ready to sell.

Condos - The Quiet Outperformer

Condos in Carleton University are a different story. The average HonestDoor Price is $898,500, up 6.65%. More importantly, the predicted market value of $842,475 is actually climbing above the 3-month moving average of $830,642. Values are up 1.50% recently.

On the leaderboard, condos rank 31 out of 103 Ottawa neighbourhoods for growth. That puts us solidly in the top third of the city. While houses are cooling off, condos here are quietly holding their ground and then some.

• Average HonestDoor Price: $898,500
• Predicted Market Value: $842,475
• 3-Month Moving Average: $830,642
• Recent Value Change: +1.50%
• Average Rental Estimate: $3,965 per month
• Rental Yield: 3.16%
• Airbnb Estimate: $198 per night - ranked 10th in Ottawa
• Growth Rank: 31 out of 103

How We Stack Up Against the Neighbours

For houses, Glebe - Dows Lake is the pricier option at $1,477,047, while Old Ottawa South comes in at $1,166,396 and Civic Hospital - Central Park sits at $960,785. Carleton University houses land right in the upper-middle of that range.

For condos, the gap is wider. Glebe - Dows Lake condos average $1,708,749 and Old Ottawa South hits $1,539,884. Our $898,500 average looks like relative value by comparison - especially with a top-10 Airbnb ranking in the city.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is the thing about your city assessment: it is a snapshot from the past. The city looks at sale data from a fixed reference date and applies it broadly across whole neighbourhoods. It does not know what your specific street has done in the last six months. It does not account for the short-term pullback in house values or the steady climb in condo values happening right now.

The HonestDoor Price is updated in real time. It pulls from actual market activity and gives you a current number - not a number from a government spreadsheet that was locked in months ago. For houses in Carleton University, there is a meaningful gap between the HonestDoor Price of $1,361,871 and the predicted near-term value of $1,187,229. That gap is information. It tells you the market ran hot and is now recalibrating. Your assessment almost certainly does not reflect either of those realities accurately.

Checking your HonestDoor Price right now is the real-world check your assessment cannot give you.

So What Does This Mean If You Are Thinking About Selling This Summer?

If you own a house here, do not wait for the market to come back to its recent peak before listing. The short-term trend is down, and sitting on the sidelines hoping for a quick recovery is a gamble. The HonestDoor Price of $1,361,871 still reflects strong long-term appreciation of 14.71%. A well-priced listing right now can still attract serious buyers before the fall market gets crowded.

If you own a condo, your timing is actually better. Values are ticking up, the growth rank is above average, and the Airbnb income story gives buyers an extra reason to pay attention. Summer is a solid window to move.

Either way, the first step is knowing your real number. Not the city's number - your number. That is what the HonestDoor Price is for.

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.