Carlton Park, Prince Albert - July 2026 Real Estate Report

Carlton Park, Prince Albert: What Your Neighbours Aren't Telling You About Home Values Right Now

The Vibe in Carlton Park

If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here's the straight answer: Carlton Park is in a bit of a breather right now. Values have pulled back, but the neighbourhood still holds its own compared to a lot of Prince Albert. Let's break it down by property type so you know exactly where you stand.

Houses - Solid Ground, But Watch the Trend

The average HonestDoor Price for a house in Carlton Park is $345,541. That's down a modest 0.51% from last period - nothing to panic about, but worth paying attention to. The predicted market value sits at $347,300, and that number is sliding compared to the 3-month moving average of $363,711. That gap tells us the market has cooled off from where it was just a few months ago.

On the neighbourhood leaderboard, Carlton Park houses rank 10 out of 10 for growth among comparable Prince Albert neighbourhoods. That puts us at the back of the pack right now. Not a crisis - but if you're thinking about timing a sale, that number matters.

The silver lining? If you own a house here and rent it out, the numbers work. Estimated rent runs $1,834 per month, delivering a rental yield of 5.92%. That's a strong return. Airbnb potential adds roughly $91 per night on top of that, and Carlton Park ranks 2nd in all of Prince Albert for Airbnb potential. That's a real competitive edge for investors or homeowners thinking about short-term rental income.

• Average HonestDoor Price (Houses): $345,541
• Predicted Market Value: $347,300
• 3-Month Moving Average: $363,711
• Recent Value Change: -3.64%
• Estimated Monthly Rent: $1,834
• Rental Yield: 5.92%
• Airbnb Estimate: $91 per night
• Airbnb Rank in Prince Albert: 2nd
• Growth Rank: 10 out of 10

How does Carlton Park stack up against the neighbours? East Hill houses average $276,228 and Crescent Heights comes in at $271,352 - both noticeably cheaper than us. Crescent Acres is the pricier option at $423,367. Carlton Park sits comfortably in the middle of that range, which is exactly where a lot of buyers want to be.

Condos - A Bump Up, But Tread Carefully

Condos in Carlton Park tell a slightly different story. The average HonestDoor Price is $116,578, which is actually up 2.25% from last period - a rare bright spot in the current climate. But the predicted market value of $114,008 is running below the 3-month moving average of $120,782, and the recent value change of -15.57% is a number we can't ignore. That's a significant short-term drop.

On the leaderboard, Carlton Park condos rank 6 out of 9 comparable neighbourhoods - below average, but not at the bottom. There's room to move up, but we're not leading the pack right now.

Rental income for condos is more modest. Estimated rent comes in at $627 per month with a rental yield of 4.34%. That's a moderate return - workable, but not the standout number we see on the house side. Airbnb potential is around $31 per month, and the neighbourhood ranks 9th in Prince Albert for condo Airbnb income.

• Average HonestDoor Price (Condos): $116,578
• Predicted Market Value: $114,008
• 3-Month Moving Average: $120,782
• Recent Value Change: -15.57%
• Estimated Monthly Rent: $627
• Rental Yield: 4.34%
• Airbnb Estimate: $32 per night
• Airbnb Rank in Prince Albert: 9th
• Growth Rank: 6 out of 9

Nearby condo markets are priced higher - East Hill at $127,929, Crescent Heights at $138,487, and Crescent Acres at $179,037. If you own a condo in Carlton Park, you're the most affordable option in the area. That can attract buyers, but it also means there's upward pressure on value if the broader market picks up.

The Secret Sauce - Why Your HonestDoor Price Beats Your Tax Assessment Right Now

Here's the thing about your city assessment: it's a snapshot from the past. The City of Prince Albert sets those numbers based on data that can be 12 to 24 months old by the time it lands in your mailbox. A lot has changed since then.

The HonestDoor Price is updated in real time using current sales data, market trends, and neighbourhood-level signals. Right now, with house values sitting at $345,541 and condo values at $116,578, your HonestDoor Price is the real-world check on what your property is actually worth today - not what a spreadsheet from last year says it's worth.

If your tax assessment is higher than your HonestDoor Price, you might be overpaying on property taxes. If it's lower, you're sitting on more equity than you think. Either way, you deserve the accurate number - not the stale one.

The "So What?" - Should You Sell in Carlton Park This Summer?

If you own a house in Carlton Park and you're thinking about listing this summer, the honest answer is: move sooner rather than later. The 3-month trend is pointing down, and sitting on the sidelines waiting for a bounce could cost you. The gap between the current predicted value of $347,300 and the 3-month average of $363,711 is already a $16,000 difference. That's real money.

For condo owners, the picture is more complicated. The -15.57% recent change is a tough number to work around in a listing conversation. If you don't need to sell right now, it may be worth watching the next 60 to 90 days before committing. But if you do need to move, price it sharp - Carlton Park condos are already the most affordable in the area, and that's your best selling point.

Bottom line: Carlton Park is not a neighbourhood in freefall. Houses here still beat East Hill and Crescent Heights on price, and that No. 2 Airbnb ranking is a genuine asset for the right buyer. Know your HonestDoor Price, watch the trend, and make your move with real numbers in hand.

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.