Durand, Hamilton - August 2026 Real Estate Report

Durand, Hamilton: Your Home Is Worth More Than the City Thinks - But the Window Is Narrowing

The Vibe Right Now

If you own in Durand and you have not checked your HonestDoor Price lately, now is the time. The market here is taking a breather, and knowing exactly where you stand is the difference between a smart move and a missed one.

Houses: Still the Premium Address in Hamilton

Let's be straight about what the numbers are saying. The average HonestDoor Price for a house in Durand sits at $1,311,937. That is a 3.18% dip from the previous period, and the predicted market value of $1,355,036 is sliding below the 3-month moving average of $1,386,798. The direction is down, not dramatically, but consistently.

• Average HonestDoor Price: $1,311,937
• Predicted Market Value: $1,355,036
• 3-Month Moving Average: $1,386,798
• Recent Price Change: -3.89%
• Estimated Monthly Rent: $5,043
• Rental Yield: 4.51%
• Neighbourhood Growth Rank: 183 out of 207 in Hamilton

That growth rank is the number we need to talk about. On the Hamilton neighbourhood leaderboard, Durand houses are sitting at 183 out of 207. That puts us near the bottom of the pack for price growth right now. It does not mean Durand is a bad place to own - it is still one of the most expensive addresses in the city. It just means the momentum has shifted, and buyers know it.

The silver lining for landlords? A rental estimate of $5,043 a month with a 4.51% yield is genuinely solid. If you are not selling, holding and renting pencils out reasonably well here.

Condos: A Steadier Story

Condos in Durand are telling a calmer story, and honestly, it is a bit of a relief compared to the house numbers. Values are actually nudging upward, with a predicted market value of $449,940 sitting above the 3-month moving average of $442,714. That is a small but positive signal.

• Average HonestDoor Price: $440,840
• Predicted Market Value: $449,940
• 3-Month Moving Average: $442,714
• Recent Price Change: +0.54%
• Average Sale Price: $204,000
• Average Listing Price: $215,000
• Sale-to-List Ratio: 94.88% (buyers are negotiating below ask)
• Average Days on Market: 17 days
• Estimated Monthly Rent: $2,218
• Rental Yield: 3.93%
• Neighbourhood Growth Rank: 105 out of 193 in Hamilton

On the leaderboard, condo growth in Durand ranks 105 out of 193 - right in the middle of the pack. Not a star performer, but not a problem either. The days-on-market rank of 3 out of 11 tells us condos here move relatively quickly when priced right. The catch is that buyers are landing deals at about 94.88% of list price, so if you are a seller, pricing sharp from day one matters more than ever.

One more thing worth noting: Durand condos rank 12 out of 12 on the price leaderboard, meaning we are among the most affordable condo options in Hamilton. For buyers, that is actually an entry point worth paying attention to.

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

Here is the thing about your city assessment - it is a snapshot from the past. The Municipal Property Assessment Corporation does not update values in real time, which means your official assessment could be reflecting a market that no longer exists. In a neighbourhood where house values have shifted by nearly 4% in a short period, that gap between your assessment and reality can be significant.

The HonestDoor Price is updated continuously using real transaction data. It is the real-world check on what your property is actually worth today - not what the government decided it was worth a year or two ago. For Durand homeowners, that difference right now could be tens of thousands of dollars in either direction. You need to know which way it is pointing before you make any decisions.

The "So What?" - Thinking About Selling This Summer?

If you are a house owner in Durand and you are thinking about listing this summer, the honest advice is this: do not wait and hope the numbers recover. The trend is moving against you right now. Houses are sitting at 183 out of 207 on the Hamilton growth leaderboard, the 3-month average is declining, and buyers are paying attention to that. Listing sooner rather than later, and pricing based on your current HonestDoor Price rather than last year's assessment, gives you the best shot at capturing value before the slide continues.

If you own a condo, the picture is less urgent. Values are holding and even ticking up slightly. The 17-day average days on market means a well-priced unit moves. But watch that sale-to-list ratio - buyers are negotiating, and they know the market. Price it at what it is actually worth, not what you wish it were worth.

Either way, the starting point is the same: check your HonestDoor Price today. It is the most current number you have, and in this market, current is everything.

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.