Decoteau, Edmonton - August 2026 Real Estate Report

Decoteau, Edmonton: One of the Priciest Streets in the City - But Is the Market Keeping Up?

If you own a house in Decoteau, you are sitting on one of the most expensive pieces of real estate in Edmonton. That is not hype - that is the data. But price and momentum are two different things, and right now Decoteau is a story of high value with a market that is catching its breath.

The Vibe: Houses vs. Condos in Decoteau

Houses

Let us start with the big number. The average sale price for a house in Decoteau is sitting at $1,775,000, with a price per square foot of $648. That puts us at rank 4 out of 285 neighbourhoods in Edmonton for price. We are in rare company up here.

The HonestDoor Price for houses is averaging $1,391,863 - up 3.19% from the previous period. The predicted market value is $1,348,850, which is nudging upward against the 3-month moving average of $1,344,695. Small moves, but they are moving in the right direction.

• Average HonestDoor Price: $1,391,863 (up 3.19%)
• Average sale price: $1,775,000
• Price per square foot: $648
• Estimated monthly rent: $4,938 - $5,059
• Rental yield: 4.49%
• Airbnb potential: $252 per night
• Airbnb rank in Edmonton: 15th
• Properties sold recently: 2
• Growth rank: 198 out of 292 neighbourhoods

Here is the honest part. That growth rank of 198 out of 292 means we are below average for momentum right now. Values have dipped 0.20% recently. The market is not falling - it is taking a breather. With only 2 sales on the board, there is not a lot of activity to push prices hard in either direction. Thin volume means each sale carries a lot of weight.

One thing worth noting - our neighbour Decoteau North is averaging an HonestDoor Price of $1,955,957 with estimated rent of $6,216. That is a benchmark worth watching if you are thinking about what the ceiling looks like in this pocket of Edmonton.

Condos

The condo side of Decoteau tells a quieter story. The HonestDoor Price is $229,986, down a slim 0.30%. The predicted market value of $230,679 is also drifting slightly below the 3-month moving average of $233,031. Nothing dramatic, but the trend is pointing down for now.

• Average HonestDoor Price: $229,986 (down 0.30%)
• Estimated monthly rent: $1,253 - $1,258
• Rental yield: 4.29%
• Airbnb potential: $63 per night
• Airbnb rank in Edmonton: 185th
• Growth rank: 164 out of 302 neighbourhoods

Compared to nearby Walker ($235,493 HonestDoor Price) and Charlesworth ($217,220), Decoteau condos are sitting in the middle of the pack. Not the cheapest option, not the most expensive. If you own a condo here, you are holding steady - but the growth engine is not firing hard right now.

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

Here is something most homeowners do not think about until it is too late. Your city assessment is a snapshot from months ago - sometimes longer. It does not know what sold last week. It does not adjust for the fact that Decoteau houses are ranking 4th in price across all of Edmonton right now.

The HonestDoor Price is updated in real time. It is pulling from actual market signals, not a bureaucratic calendar. For a house in Decoteau where values are sitting near $1.4 million and the gap between the HonestDoor Price and recent sale prices is significant, knowing your real-world number is not just interesting - it is financially important. Whether you are refinancing, selling, or just keeping score, the HonestDoor Price is the number that reflects what is actually happening on the street, not what happened last year.

The So What - Thinking About Selling This Summer?

If you own a house in Decoteau and you are eyeing a summer sale, here is the straight talk. You are in a high-price, low-volume market. Two sales is a thin sample. That means your listing has real pricing power - but it also means you need to get the number right. Overprice it and it sits. Price it sharp and you could move fast in a neighbourhood where buyers know they are paying for something exclusive.

The 3.19% HonestDoor Price increase is a positive signal heading into summer. Rental demand is strong at $5,059 per month estimated, and that Airbnb rank of 15th in Edmonton tells you short-term rental interest is real here. Those are the kinds of numbers that attract serious buyers - investors and owner-occupiers alike.

For condo owners, summer is a reasonable time to list, but go in with clear eyes. The trend is slightly soft, and nearby options like Walker are priced comparably. Your edge is knowing your exact HonestDoor Price and using it to position competitively - not guessing based on a stale city assessment.

Bottom line - Decoteau is one of Edmonton's most expensive neighbourhoods by price rank. The growth engine is idling, not stalled. If you are selling, this summer is workable. Just bring the right number to the table.

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.