HonestDoor

    Carlton Park, Prince Albert - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Prince Albert, Carlton Park

    Carlton Park, Prince Albert: Your Neighbour Just Got a Price Update. Did You?

    The Vibe Right Now

    If you live on a Carlton Park street and you haven't checked your home's value lately, here's the honest picture. The market isn't exploding, but it isn't falling apart either. It's doing something more useful - it's giving sellers a real window, and giving buyers a reason to pay attention.

    We've got two very different stories playing out here, depending on whether you own a house or a condo. Let's break both down.

    Houses in Carlton Park

    The average HonestDoor Price for a house here sits at $351,268 - up 1.66% from the previous period. That's steady, not flashy, but steady pays bills. The predicted market value right now is $345,541, which is sitting just below the 3-month moving average of $351,087. In plain terms, prices have dipped slightly in the short run, but the broader trend is still pointing up.

    • Average HonestDoor Price: $351,268 (up 1.66%)
    • Predicted Market Value: $345,541
    • 3-Month Moving Average: $351,087
    • Recent Value Change: -0.51%
    • Average Rental Estimate: $1,854 per month
    • Rental Yield: 5.92% - that's a strong return
    • Airbnb Estimate: $92 per night
    • Airbnb Rank in Prince Albert: 2nd - nearly the top spot in the city
    • Neighbourhood Growth Rank: 5 out of 10 - above average in Prince Albert

    That Airbnb rank is worth a second look. Ranking 2nd in all of Prince Albert means Carlton Park houses have serious short-term rental appeal. If you own here and you're not thinking about that income angle, you're leaving money on the table.

    Compared to nearby neighbourhoods, we're priced above East Hill ($274,142) and Crescent Heights ($272,602), and below Crescent Acres ($426,051). We sit in a comfortable middle ground - not the cheapest, not the priciest. That's actually a good place to be when buyers are comparison shopping.

    Condos in Carlton Park

    The condo story here is a bit more nuanced, but there's a real bright spot. The average HonestDoor Price for a Carlton Park condo is $125,527 - up a solid 7.68% from the previous period. That kind of jump gets our attention.

    • Average HonestDoor Price: $125,527 (up 7.68%)
    • Predicted Market Value: $116,578
    • 3-Month Moving Average: $121,873
    • Recent Value Change: +2.25%
    • Average Rental Estimate: $691 per month
    • Rental Yield: 4.35% - moderate but consistent
    • Airbnb Estimate: $34 per night
    • Neighbourhood Growth Rank: 4 out of 9 - above average in Prince Albert

    The predicted value of $116,578 is running below the 3-month average of $121,873, which tells us the very short-term has softened a touch. But that 7.68% HonestDoor Price increase over the previous period? That's the bigger signal. Condos here are gaining ground. Nearby East Hill condos average $127,929 and Crescent Heights sits at $138,487 - so we're priced below both right now, which makes Carlton Park condos an entry point worth watching.

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

    Here's the thing about your city assessment: it's a snapshot from the past. It gets updated on a schedule that has nothing to do with what buyers are actually paying on your street right now. The HonestDoor Price is a live, real-world check - it pulls from current market activity, not a government calendar.

    For Carlton Park homeowners, this gap matters. If your tax assessment still reflects values from a quieter period, you could be sitting on more equity than you think - or making decisions based on a number that's already out of date. Checking your HonestDoor Price takes two minutes and gives you the number that actually reflects today's market, not last year's.

    With house prices up 1.66% and condo prices up 7.68% from the previous period, now is exactly the right time to get a current read - not wait for the city to catch up.

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

    If you're a Carlton Park homeowner eyeing a summer sale, here's the straight talk.

    For house owners - the market is taking a small breather right now, with the predicted value sitting slightly below the 3-month average. But the neighbourhood growth rank of 5 out of 10 puts us above average in Prince Albert, and that 1.66% price increase shows the direction is still positive. Listing while inventory is manageable and buyer demand is active is smarter than waiting to see if that short-term dip deepens.

    For condo owners - that 7.68% HonestDoor Price increase is your headline. You have a compelling story to tell a buyer. The fact that Carlton Park condos are priced below East Hill and Crescent Heights right now means buyers looking for value in Prince Albert will land on your listing. Price it right and you move it.

    • Houses: Steady market, strong rental demand, top-2 Airbnb appeal city-wide
    • Condos: Strong recent price growth, priced competitively against nearby neighbourhoods
    • Both property types rank above average in Prince Albert for growth
    • Best move right now: Check your HonestDoor Price before you price your listing

    Carlton Park isn't making headlines, but it's making sense. And sometimes that's exactly where the smart money goes.

    carlton park | prince albert | august 2026

    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.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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