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    Crescent Heights, Prince Albert - August 2026 Real Estate Report

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

    Prince Albert, Crescent Heights

    Crescent Heights, Prince Albert: Here's What Your Home Is Actually Worth Right Now

    The Vibe in Crescent Heights

    If you've been watching the "For Sale" signs around Crescent Heights lately, here's the honest read: we're in a market that's catching its breath. Prices aren't in freefall, but they're not charging ahead either. That means the number on your city assessment is almost certainly out of sync with what a buyer would actually put on the table today.

    Houses - Steady, But Watch the Trend

    For houses in Crescent Heights, the average HonestDoor Price sits at $272,602 - up a modest 0.46% from the previous period. That sounds like good news, and it is, sort of. But the 3-month moving average tells a slightly different story: predicted values have dipped to $271,352 from $273,565. That's a -1.37% recent change. Not a cliff, but a slide worth knowing about.

    On the neighbourhood leaderboard for growth, Crescent Heights houses rank 6 out of comparable Prince Albert neighbourhoods. That puts us in the middle of the pack - not leading the charge, but not at the back either.

    • Average HonestDoor Price: $272,602
    • Predicted Market Value: $271,352
    • 3-Month Moving Average: $273,565
    • Recent Value Change: -1.37%
    • Average Rental Estimate: $1,469 per month
    • Rental Yield: 6.03% - that's a strong return for landlords
    • Airbnb Estimate: $73 per night
    • Growth Rank: 6 out of 10 in Prince Albert

    For context, our neighbours in Crescent Acres are sitting at $426,051 and Carlton Park is at $351,268. Crescent Heights is the more affordable entry point in this part of the city - and that 6.03% rental yield is genuinely solid for investors watching the numbers.

    Condos - Taking a Real Breather

    The condo picture is a tougher conversation. The average HonestDoor Price has dropped 5.29% to $131,159. The predicted value is $138,487, but that's down from a 3-month moving average of $151,653. That's a meaningful gap, and it tells us condo values here have been softening for a few months running.

    On the neighbourhood leaderboard, Crescent Heights condos rank 8 out of 9 comparable areas in Prince Albert. That's a bottom-tier position, and it's worth being straight about it.

    • Average HonestDoor Price: $131,159
    • Recent Change: -5.29%
    • Predicted Market Value: $138,487
    • 3-Month Moving Average: $151,653
    • Recent Value Change: +0.35%
    • Average Rental Estimate: $721 per month
    • Rental Yield: 4.35% - moderate, not a standout
    • Airbnb Estimate: $35 per night
    • Growth Rank: 8 out of 9 in Prince Albert

    One small bright spot: the predicted value of $138,487 does edge out nearby Carlton Park condos at $116,578. So we're not at the bottom of every comparison - just most of them right now.

    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 doesn't know what happened to condo prices in the last quarter. It doesn't know that house values in Crescent Heights have been drifting below their 3-month average. The government assessment is essentially a history book, and you're trying to make a decision today.

    The HonestDoor Price is updated in real time using actual market signals. For a Crescent Heights house owner, that's the difference between thinking your home is worth one number and knowing it's closer to $272,602 - or $271,352 if you're looking at the most current predicted value. For condo owners, that gap between the old assessment and today's HonestDoor Price could be even wider, given the recent 5.29% drop. Knowing the real number protects you from either underpricing or scaring buyers off with a stale, inflated ask.

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

    If you own a house in Crescent Heights and you're thinking about listing this summer, the window is open but it's not getting wider. Values are still positive year-over-year, but the recent trend is softening. Listing sooner rather than later, and pricing sharp against that $272,602 average, gives you the best shot at catching buyers before the market takes another step back.

    If you own a condo, be honest with yourself. A growth rank of 8 out of 9 and a 5.29% price drop means buyers have options and they know it. Pricing competitively - and using your HonestDoor Price as the anchor, not an old assessment - is the move. Overpricing right now in this segment will just mean sitting on the market while other listings get the attention.

    Either way, the smartest thing any Crescent Heights homeowner can do right now is check their HonestDoor Price before they do anything else. It takes two minutes and it gives you the real-world number - not the one the city printed a year ago.

    crescent heights | 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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    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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