HonestDoor

    Codiac Heights, Moncton - August 2026 Real Estate Report

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

    Moncton, Codiac Heights

    Codiac Heights, Moncton: Prices Are Holding, But the Market Is Taking a Breather

    The Vibe Right Now

    If you've been watching the "For Sale" signs in Codiac Heights, here's what's actually happening. The average HonestDoor Price for a house here sits at $406,511 - and yes, it's dipped a slight 0.34% from the last period. That's not a crash. That's a market catching its breath after a strong run.

    The predicted market value for houses comes in at $407,906, but here's the number worth watching: the 3-month moving average is $415,694. Values are trending below that average right now, down about 0.89% recently. We're not in freefall - but we're not climbing either. For us in Codiac Heights, that means the window to price aggressively is narrowing.

    • Average HonestDoor Price: $406,511
    • Predicted Market Value: $407,906
    • 3-Month Moving Average: $415,694
    • Recent Value Change: -0.89%
    • Transactions in 2026: 5

    The Neighbourhood Leaderboard

    On growth, Codiac Heights ranks 16 out of 21 comparable neighbourhoods in Moncton. That puts us in the below-average tier right now. It's not a bad place to own - but it's not leading the pack either. For context, here's how our neighbours stack up on price:

    • Lakeview: $377,740 average HonestDoor Price - cheaper than us
    • Middle Coverdale: $505,670 - slightly more expensive
    • Odlum Junction: $1,121,661 - a completely different price bracket

    We're sitting in the middle of the pack on price, and below average on growth. That's useful to know if you're deciding whether to hold or sell.

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

    Here's the thing most homeowners in Codiac Heights don't realize. Your city assessment is a snapshot from months - sometimes over a year - ago. It doesn't know what happened to prices last quarter. The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals.

    With only 5 property transactions recorded in Codiac Heights in 2026 so far, this is a low-volume market. Low volume means prices can shift quickly with just a few sales. Your government assessment won't catch that. Your HonestDoor Price will. If you haven't checked yours lately, now is exactly the right time - not when the next assessment letter shows up in your mailbox.

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

    If selling is on your mind, here's the straight talk. The rental numbers are actually a bright spot - estimated rent of $2,054 per month and a rental yield of 5.82% is genuinely strong. That means buyers who are investors are still interested in Codiac Heights. That's a real pool of potential buyers working in your favour.

    But the price trend is pointing down, not up. The gap between the predicted value and the 3-month moving average tells us momentum has softened. Waiting for prices to bounce back before listing is a gamble right now. If you're serious about selling this summer, pricing sharp and moving fast is the smarter play than holding out for a number that may not come.

    • Average Rental Estimate: $2,054 per month
    • Rental Yield: 5.82%
    • Airbnb Estimate: $102 per night
    • Airbnb Rank in Moncton: 13
    • Total Transaction Rank in Moncton: 13

    Bottom line - Codiac Heights is a solid, mid-range neighbourhood in Moncton. It's not the hottest market on the leaderboard right now, but it's far from broken. Know your real number, price it right, and you can still have a strong summer sale.

    codiac heights | moncton | 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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