Crescentwood, Winnipeg - September 2026 Real Estate Report

Crescentwood Real Estate Check-In: Solid Ground, But the Market Is Watching You

The Vibe Right Now

If you've been watching the "For Sale" signs on those tree-lined streets, here's what's actually happening. Crescentwood is holding its value well, but the market is nuanced depending on whether you own a house or a condo. Let's break it down for us locals.

Houses: Steady and Competitive

The house market here is about as stable as it gets. The average sale price is sitting at $673,100, and homes are selling at 99.92% of list price. That means buyers are paying almost exactly what sellers are asking - no wild discounting, no panic pricing. Four homes sold recently, and they moved in an average of 16 days. That is not a slow market.

• Average HonestDoor Price: $645,592
• Average sale price: $673,100
• Average list price this month: $649,900
• Price per square foot: $331
• Days on market: 16 days average
• Sale-to-list ratio: 99.92%
• Estimated monthly rent: $3,007 to $3,013
• Rental yield: 5.38% - that is a strong return
• Growth rank: 42 out of 191 neighbourhoods in Winnipeg
• Price rank: 16 out of 187 - among the most expensive in the city

That growth rank is worth pausing on. Out of 191 comparable Winnipeg neighbourhoods, Crescentwood houses land in the top quarter for value growth. On the neighbourhood leaderboard, that is a strong position to be in. Property values are up 1.10% recently, and the 3-month moving average is trending upward from $636,890 to a predicted $645,913. The market is not sprinting, but it is moving in the right direction.

Condos: A Different Story

We need to be straight with you here - the condo picture is more complicated. The HonestDoor Price for condos in Crescentwood is averaging $1,468,503, which has dipped 1.75% from the previous period. Only one condo sold recently, and it sat on the market for 90 days. That days-on-market rank is 49 out of 52 - near the bottom of the city for speed. Condos here are taking their time to find buyers.

• Average HonestDoor Price: $1,468,503 (down 1.75%)
• Average sale price: $119,000
• Average list price this month: $130,000
• Sale-to-list ratio: 91.54% - buyers are negotiating
• Days on market: 90 days average
• Estimated monthly rent: $4,472 to $4,500
• Rental yield: 3.22% - moderate
• Growth rank: 54 out of 175 neighbourhoods in Winnipeg
• Price rank: 120 out of 125 - among the most affordable condo options in Winnipeg

The gap between the HonestDoor Price and the actual sale price on condos is something to pay attention to. If you own a condo here, knowing your real-world value right now matters more than ever.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here is the thing about your city tax assessment - it is a snapshot from the past. The city looks at your property on a fixed date, runs its numbers, and that figure can sit unchanged for a year or more while the actual market keeps moving. The HonestDoor Price updates in real time using current sales data, listing trends, and neighbourhood comparables. It is the difference between a photo from last year and a live feed.

For Crescentwood house owners, the predicted market value is now $645,913 - trending above the 3-month average. Your assessment likely does not reflect that upward movement yet. For condo owners, the HonestDoor Price at $1,468,503 tells a very different story than a static government number might. Either way, checking your HonestDoor Price right now gives you the real-world number - not the government's best guess from months ago.

Armstrong Point next door is averaging $865,946 for houses. Rockwood is at $382,611. Knowing exactly where Crescentwood sits in that range - and why - is the kind of context that helps you make a smart decision, not just a hopeful one.

So What Does This Mean If You Are Thinking About Selling This Summer?

For house sellers, the timing is genuinely decent. Homes are moving in 16 days, buyers are paying close to full ask, and you are sitting in the top 10% of Winnipeg neighbourhoods by price. That is a strong hand to play. The market is not overheated, but it is not cold either - it is the kind of stable ground where a well-priced listing gets real attention.

For condo sellers, patience and pricing are everything right now. With 90-day average days on market and buyers landing deals at 91.54% of list price, you need to come in priced right from day one. Overpricing a condo in this environment means sitting and waiting while buyers move on.

Either way, the first step is the same - check your HonestDoor Price before you call anyone. It is free, it is current, and it is the honest number. Not the optimistic one, not the outdated one. The real one.

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.