College Heights, Prince George - October 2026 Real Estate Report
College Heights, Prince George: What Your Home Is Actually Worth Right Now
If you live in College Heights and your last gut-check on home value was your city assessment notice, you are leaving real money on the table. Here is the straight story on what is happening in our neighbourhood right now.
The Vibe: Houses vs. Condos - Two Very Different Stories
We are not all in the same boat right now, and that matters if you are thinking about making a move.
Houses: The house market in College Heights is holding its ground. The average sale price sits at $525,000, with a price per square foot around $466. The HonestDoor Price for houses is $569,374 - and that number is actually nudging upward against the 3-month moving average of $569,090. That is a good sign. Values have dipped a slight 0.26% recently, but nothing that should keep you up at night. On the neighbourhood leaderboard, College Heights houses rank 19 out of 31 for growth in Prince George - right in the middle of the pack. For price, we rank 5 out of 6, which puts us among the most affordable options in the city. That is a real draw for buyers who got priced out elsewhere.
- Average sale price: $525,000
- Price per square foot: $466
- HonestDoor Price: $569,374
- Estimated monthly rent: $2,735
- Rental yield: 5.51% - that is a strong return
- Growth rank: 19 out of 31 in Prince George
Condos: This is where we need to be honest with each other. Condo values have dropped 7.22% recently, and the HonestDoor Price of $372,353 is trending below the 3-month moving average of $390,823. That is a meaningful gap. On the leaderboard, College Heights condos rank 25 out of 30 for growth - that puts us near the bottom of the Prince George condo market right now. Nearby BCR Industrial Park condos are sitting at $378,700, which means we are slightly trailing even our industrial neighbour. If you own a condo here, this is not the moment to assume your value is where it was six months ago.
- HonestDoor Price: $372,353
- 3-month moving average: $390,823
- Recent value change: -7.22%
- Estimated monthly rent: $1,961
- Rental yield: 4.07% - moderate, not spectacular
- Growth rank: 25 out of 30 in Prince George
The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now
Here is the thing about your city assessment - it is a snapshot from the past. It gets calculated once a year using data that is already months old by the time it lands in your mailbox. The market does not wait for paperwork.
The HonestDoor Price is a real-time check on what your property is actually worth today. For College Heights houses, the average HonestDoor Price is $560,142 - that is 1.98% higher than the average assessed value in Prince George. Your assessment says one number. The real world says another. That gap is money.
With 3,288 properties assessed in College Heights this year, there is a lot of data in play. But assessed values are static. The HonestDoor Price moves with the market, which means it catches shifts - like the condo softening happening right now - before your next assessment letter ever shows up.
The "So What?" - Thinking About Selling This Summer?
If you own a house in College Heights, the timing is not bad. You are sitting in one of the more affordable pockets of Prince George, which means buyer interest is real. A rental yield of 5.51% also means investors are paying attention to this neighbourhood. With the HonestDoor Price for houses above the city assessment, you have a solid argument for your asking price. One property sold last month - low volume, but that can work in a seller's favour if inventory stays tight.
If you own a condo, be clear-eyed. A 7.22% recent drop is not a blip - it is a signal that the condo market here is taking a breather. Selling into a falling trend is tough. If you need to sell, price it sharp and do not anchor to what it was worth at the start of the year. If you can wait, watch the 3-month moving average and look for it to stabilize before listing.
Either way, do not walk into a listing conversation armed only with your city assessment. Pull your HonestDoor Price first. It is the number that reflects what a buyer is actually going to see when they look up your address today - not what a government office calculated last fall.
- House sellers: market conditions are reasonable - affordable price rank works in your favour
- Condo sellers: price competitively - the trend is not your friend right now
- Landlords: house rental yield at 5.51% makes College Heights worth a serious look for buy-and-hold investors
- Everyone: check your HonestDoor Price before you do anything else
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.