Decoteau, Edmonton - October 2026 Real Estate Report
Decoteau, Edmonton: One of the Priciest Addresses in the City - But the Market Is Sending Mixed Signals
If you own a home in Decoteau and you haven't checked your property value lately, now is the time to pay attention. The numbers tell two very different stories depending on whether you own a house or a condo here - and both stories matter for what you do next.
The Vibe: Houses vs. Condos in Decoteau
Houses - Big Price Tag, Soft Momentum
Let's be straight with each other. Our houses are among the most expensive in all of Edmonton. The average sale price sits at $1,775,000, and the price per square foot is around $648. On the neighbourhood leaderboard, we rank 3rd out of 285 Edmonton neighbourhoods for price. That is elite territory.
But here is the honest part. Values are taking a breather. The predicted market value for houses is $1,361,372, which is sitting below the 3-month moving average of $1,367,362. Recent property value change is down 2.19%, and our growth rank is 157 out of 285 - that puts us in below-average territory for momentum right now. Only 2 houses sold in 2026 so far, which means the market here is thin. Thin markets can swing fast in either direction.
- Average HonestDoor Price (Houses): $1,372,634 - up 0.83% from last period
- Average sale price: $1,775,000
- Price per square foot: $648
- Predicted market value: $1,361,372
- Recent value change: -2.19%
- Growth rank: 157 out of 285 Edmonton neighbourhoods
- Price rank: 3 out of 285 Edmonton neighbourhoods
- Estimated monthly rent: $4,990 - rental yield of 4.48%
- Transactions in 2026: 2
For context, our neighbour Decoteau North is priced even higher at an average HonestDoor Price of $1,980,157. Meanwhile, Charlesworth and Mattson come in well under $530,000. We are in a different price bracket entirely from most of southeast Edmonton.
Condos - Quietly Holding Steady
The condo side of Decoteau is a smaller slice of the market, but it is worth watching. The predicted market value is $230,700, which is actually nudging upward from the 3-month moving average of $230,455. Growth rank sits at 116 out of 297 Edmonton neighbourhoods - that is above average. Not flashy, but solid.
The average HonestDoor Price for condos is $213,314, though it has dipped 7.54% from the previous period. That is a notable drop and worth keeping an eye on. Nearby, Walker condos average $223,853 and Charlesworth sits at $204,683, so we are right in the middle of the pack for the area.
- Average HonestDoor Price (Condos): $213,314 - down 7.54% from last period
- Predicted market value: $230,700
- Recent value change: +0.31%
- Growth rank: 116 out of 297 Edmonton neighbourhoods - above average
- Estimated monthly rent: $1,259 - rental yield of 4.30%
- Airbnb rank in Edmonton: 197
The Secret Sauce: Your HonestDoor Price Is Your Real-World Check
Here is something most Decoteau homeowners do not think about until it is too late. Your city tax assessment is a snapshot from the past. It gets updated once a year, uses old data, and does not react to what is happening on the ground right now. In a neighbourhood where only 2 houses have sold this year and values have shifted by over 2%, that lag matters - a lot.
The HonestDoor Price is updated in real time. It pulls in current sales, market trends, and comparable properties to give you a number that actually reflects today's market - not last January's. For Decoteau house owners sitting on an asset worth well over a million dollars, the difference between a stale assessment and a live HonestDoor Price could mean tens of thousands of dollars in how you price, negotiate, or plan your next move.
Check your HonestDoor Price now. Do not wait for a piece of mail from the city to tell you what your home is worth.
The So What - Thinking About Selling This Summer?
If you own a house in Decoteau and you are thinking about listing this summer, here is the real talk. You are in one of Edmonton's top-3 most expensive neighbourhoods by price rank. That is a genuine selling point. But with values down 2.19% recently and only 2 transactions on the books so far this year, you are working in a low-volume market. Low volume means fewer competing listings, which is good - but it also means fewer buyers, which requires smart pricing.
Pricing too high in a thin market means your listing sits. Pricing sharp and accurate means you attract the serious buyers who are out there. Your HonestDoor Price gives you that anchor point before you even call an agent.
For condo owners, the picture is calmer. Values are holding, the growth rank is above average, and rental demand is real at $1,259 per month with a 4.30% yield. If you are not selling, holding makes sense. If you are selling, the market is stable enough to move without panic.
Bottom line - Decoteau is a premium address in Edmonton. The house market is cooling slightly right now, and the condo market is quietly steady. Know your number before you make any move.
decoteau | edmonton | 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.