Crescents, Prince George - July 2026 Real Estate Report

Crescents, Prince George: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own a home in Crescents and you have not checked your HonestDoor Price lately, here is the short version: the city's assessment is behind. The average assessed value sits at $408,321, but the average HonestDoor Price is $442,778. That is a gap of over $34,000. For most of us, that difference is not a rounding error - it is a renovation, a down payment, or a year of mortgage payments.

The neighbourhood is holding steady. With 855 properties assessed and a growth rate that is essentially flat at -0.02% year over year, Crescents is not booming and it is not crashing. It is taking a breather. On the Prince George leaderboard, we rank 19th for average assessed value - solidly mid-pack.

Houses: Still the Stronger Bet

Houses in Crescents are showing some real resilience. The predicted market value for a house is $458,376, and that number is climbing - up from a 3-month moving average of $454,719. Recent property value change sits at 0.27%, and on the Prince George growth leaderboard, houses in Crescents rank 11 out of 31 neighbourhoods. That puts us in above-average territory.

• Average HonestDoor Price: $442,778 (down 3.32% from last period)
• Predicted market value: $458,376
• 3-month moving average: $454,719 (trending up)
• Average rental estimate: $2,229 per month
• Estimated rent for houses: $2,295 per month
• Rental yield: 5.71% - that is a strong return
• Airbnb estimate: $111 per night / roughly $114 monthly income potential
• Airbnb rank in Prince George: 20th
• Growth rank: 11 out of 31 neighbourhoods

A 5.71% rental yield is not something to gloss over. For anyone sitting on a house in Crescents and thinking about renting it out, the numbers actually work. That is not the case in every Prince George neighbourhood right now.

Condos: Proceed With Eyes Open

The condo picture in Crescents is more complicated. The average HonestDoor Price for condos is $603,385, up 0.95% from last period - which sounds fine on the surface. But the predicted market value has dropped to $597,705, down significantly from a 3-month moving average of $629,551. That is a -12.31% recent change. On the Prince George condo leaderboard, Crescents ranks 27 out of 30 neighbourhoods. That puts condos here among the bottom performers in the city right now.

• Average HonestDoor Price (condos): $603,385 (up 0.95%)
• Predicted market value: $597,705
• 3-month moving average: $629,551 (trending down)
• Average rental estimate: $2,749 per month
• Estimated rent for condos: $2,735 per month
• Rental yield: 3.70% - moderate
• Airbnb estimate: $137 per night / roughly $136 monthly income potential
• Airbnb rank in Prince George: 8th - one of the best in the city
• Growth rank: 27 out of 30 neighbourhoods

The one bright spot for condo owners is the Airbnb ranking. Coming in 8th in all of Prince George for short-term rental potential is genuinely strong. If you own a condo here and it sits empty part of the year, that is a number worth paying attention to.

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

Here is the thing about government assessments - they are a snapshot from months ago, built on sales data that is already old by the time it lands in your mailbox. The HonestDoor Price updates in real time. It pulls from current market activity, not last year's numbers.

In Crescents, the average HonestDoor Price for houses is 8.44% higher than the average assessed value across Prince George. That gap is not a glitch. It is the market telling you something the city has not caught up to yet. If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the real-world check you need, not the number on your assessment notice.

The So What - Thinking About Selling This Summer?

For house owners in Crescents, the timing is not bad. Values are ticking up, the rental market is strong, and you are sitting above the city average in assessed value. The HonestDoor Price gap means there is likely more equity in your home than your last assessment suggested. A summer listing, priced using current data rather than the city's stale numbers, puts you in a much better position at the negotiating table.

For condo owners, the honest answer is this: the short-term trend is soft. A -12.31% recent change and a bottom-quartile growth rank are worth taking seriously before you list. That said, if your exit timeline is flexible, the Airbnb income potential here ranks 8th in Prince George - which means holding and renting short-term is a legitimate option while you wait for the market to find its footing.

Either way, start with your HonestDoor Price. It is the most current number available, and in a market like this one, current matters.

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.