Decoteau, Edmonton - September 2026 Real Estate Report

Decoteau Real Talk: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own a house in Decoteau, you are sitting on one of the most expensive pieces of real estate in Edmonton. Full stop. With an average sale price of $1,775,000 and a price rank of 2 out of 285 Edmonton neighbourhoods, this area is not your average suburb. Only one neighbourhood in the entire city commands a higher price. That is not a small thing.

On the growth side, Decoteau houses rank 33 out of 291 neighbourhoods - that puts us in the top 12% of Edmonton for momentum. Property values have moved up 3.19% recently, and the predicted market value of $1,391,863 is climbing past the 3-month moving average of $1,364,076. The market here is not stalling. It is building.

Condo owners, the picture is a little different. Values have dipped a modest 0.30% recently, and the predicted value of $229,986 sits just slightly below the 3-month average of $230,683. It is a small pullback, not a freefall. Growth ranks 129 out of 302 for condos - solidly above average in Edmonton. Think of it as the market taking a breather before the next move.

Houses vs. Condos - Breaking It Down

Here is a clean snapshot of where things stand for each property type:

Houses in Decoteau

• Average HonestDoor Price: $1,361,372 (down 2.19% from last period)
• Average sale price: $1,775,000
• Price per square foot: $648
• Predicted market value: $1,391,863
• 3-month moving average: $1,364,076 - current value is trending above it
• Estimated monthly rent: $5,059
• Rental yield: 4.44%
• Airbnb potential: $252 per month (ranked 15th in Edmonton for Airbnb)
• Growth rank: 33 out of 291 neighbourhoods
• Price rank: 2 out of 285 neighbourhoods

Condos in Decoteau

• Average HonestDoor Price: $230,700 (up 0.31% from last period)
• Predicted market value: $229,986
• 3-month moving average: $230,683
• Estimated monthly rent: $1,253
• Rental yield: 4.29%
• Airbnb potential: $63 per month
• Growth rank: 129 out of 302 neighbourhoods - above average

The Neighbourhood Leaderboard

Context matters. Here is how Decoteau stacks up against the neighbours:

• Decoteau North - HonestDoor Price $1,926,924, rental estimate $6,137 per month. The priciest neighbour on the block.
• Charlesworth - HonestDoor Price $522,595 for houses, $218,361 for condos. Significantly more affordable on both fronts.
• Mattson - HonestDoor Price $452,326. Cheaper, with less data to go on.
• Walker - Condo HonestDoor Price $236,307. Slightly ahead of Decoteau condos right now.
• Crawford Plains - Condo HonestDoor Price $183,452. Well below Decoteau condo values.

The takeaway? For houses, Decoteau is in rare company. For condos, we are holding our own in a competitive mid-range market.

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

Here is the thing about your city assessment. It is calculated once a year, based on data that is already months old by the time it lands in your mailbox. It does not know what sold on your street last week. It does not adjust for the fact that Decoteau house values have shifted 3.19% recently.

The HonestDoor Price is updated in real time. It pulls from actual market activity, not a government snapshot frozen in time. Right now, the HonestDoor predicted value for a Decoteau house sits at $1,391,863 - and it is trending upward past the 3-month average. That gap between what the city thinks your home is worth and what the market is actually doing? That is money left on the table if you are not paying attention.

Check your HonestDoor Price now. Not in six months when the next assessment rolls out. Now.

The So What - Thinking About Selling This Summer?

If you own a house in Decoteau and you have been on the fence about listing, here is the honest read. You are in the top 1% of Edmonton by price. Sales volume is thin - only 2 houses sold recently - which means there is not a flood of competition, but it also means buyers are selective. At $648 per square foot and a predicted value climbing above the 3-month average, the fundamentals are pointing in the right direction.

The 2.19% dip in the HonestDoor Price is worth watching, but the predicted value is moving up. Those two numbers are telling slightly different stories, and that is exactly why you want current data - not last year's assessment - before you price your home.

For condo owners, a summer sale is still a reasonable play. Values are essentially flat, rental yield sits at a respectable 4.29%, and you are priced above most nearby options like Charlesworth and Crawford Plains. If you are not selling, holding and renting at an estimated $1,253 per month is a solid fallback.

Bottom line - Decoteau is one of Edmonton's most expensive neighbourhoods for a reason. Do not let a stale city assessment be the number that drives your biggest financial decision of the year.

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.