Crescent Park, Winnipeg - October 2026 Real Estate Report
Crescent Park, Winnipeg: Here's What Your Home Is Actually Worth Right Now
If you've been glancing at your city tax assessment and thinking it tells the whole story, it doesn't. The market in Crescent Park is moving faster than any government document can keep up with, and the numbers this month are worth paying attention to - especially if you're thinking about making a move.
The Vibe: Houses vs. Condos in Crescent Park
Houses - Taking a Breather
Let's be straight with each other. The house market here is cooling off. The average sale price came in at $469,400 this month, down 7.8% from last month. Homes are listing at around $484,900, and buyers are paying about 96.8% of that ask - meaning sellers are giving a little ground to get deals done.
- Average sale price: $469,400 (down 7.8% from last month)
- Average list price: $484,900
- Price per square foot: $487
- Sale-to-list ratio: 96.80%
- Average days on market: 18 days
- Properties sold this month: 1
Eighteen days on market is not bad - we rank 18th out of 78 Winnipeg neighbourhoods for speed, which puts us in moderately fast territory. But homes here are sitting a couple of days longer than nearby Pulberry, which is moving at 16 days. That gap is small, but it's a signal worth watching.
On the neighbourhood leaderboard, our house growth rate ranks 117 out of 191 Winnipeg neighbourhoods. Below average, honestly. Values have dipped 1.71% recently, and the 3-month moving average of $519,595 is trending down toward the current predicted value of $515,598. The market isn't falling off a cliff - it's just taking a breather.
The bright spot? Rental yield sits at 5.62% with an estimated rent of $2,529 per month. For anyone holding a house here as an investment, that return is genuinely solid.
Condos - Stable, But Watch the Trend
The condo side of Crescent Park is a different story in terms of price point. The average sale price landed at $342,800, essentially flat from last month. Buyers paid 97.44% of list price, which signals a stable market - not a hot one, but not a fire sale either.
- Average sale price: $342,800 (essentially unchanged)
- Average list price: $354,900
- Price per square foot: $281
- Sale-to-list ratio: 97.44%
- Average days on market: 22 days
- Properties sold this month: 1
Twenty-two days on market is longer than Pulberry's 16 days, and our condo growth rate ranks 137 out of 175 Winnipeg neighbourhoods. That puts us in below-average territory for growth. The predicted market value of $2,479,629 is also slipping below the 3-month moving average of $2,505,103, with a recent value change of -2.46%.
Where condos here do hold their own is on the price leaderboard - we rank 35th out of 126 Winnipeg neighbourhoods, putting us firmly above average in price. The rental yield of 2.73% is moderate, but the Airbnb rank of 51st in Winnipeg suggests there's short-term rental potential worth exploring.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened in the market last month, last week, or yesterday. The HonestDoor Price is updated in real time, pulling from actual transaction data to give you a current number you can actually use.
For houses in Crescent Park, the average HonestDoor Price is $516,683 - up 0.21% from the previous period. That's meaningfully higher than the $469,400 average sale price recorded this month, which tells us the assessed and sold values are in a bit of a tug-of-war right now. Knowing where your specific property sits in that range is the difference between pricing confidently and leaving money on the table.
For condos, the HonestDoor Price of $2,559,897 - up 3.24% - reflects a segment that is holding value better than the recent sales data alone might suggest. That 3.24% increase is a real signal that the underlying value picture is more nuanced than one month of transactions can show.
Your tax assessment won't tell you any of this. Your HonestDoor Price will.
The "So What?" - Thinking About Selling This Summer?
If you're a homeowner in Crescent Park weighing a summer sale, here's the honest read.
For houses, the window is shifting. Prices are down month-over-month, the growth rank sits at 117 out of 191, and buyers are negotiating. That doesn't mean you can't sell well - it means you need to price sharp from day one. Overpriced listings are sitting. Right-priced listings are moving in about 18 days.
Compare that to Victoria Crescent next door, where the HonestDoor Price averages $850,142. If you're close to that boundary, your positioning matters more than ever. And if you're comparing yourself to Maybank at $373,596 or Pulberry at $473,981, Crescent Park is still punching above its weight on price - we rank 78th out of 188 Winnipeg neighbourhoods on price alone.
For condo owners, the stability in sale prices is reassuring, but the downward trend in predicted values suggests waiting isn't your friend right now. A condo that sells this summer at $342,800 beats one that chases a falling market into fall.
Bottom line - check your HonestDoor Price before you call an agent, before you set a list price, and definitely before you trust a tax assessment that hasn't seen the inside of 2026 yet. It's the real-world check that puts current market data in your hands, not the government's filing cabinet.
crescent park | winnipeg | october 2026This 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.