Eastern Hillsides, Chilliwack - October 2026 Real Estate Report
Eastern Hillsides, Chilliwack: Your Home Is Worth More Than You Think - But the Gap Is Closing
If you own a home in Eastern Hillsides and you have not checked your actual market value lately, now is the time. The city's assessment says one thing. The real world is saying something slightly different. Here is what is actually going on in our corner of Chilliwack.
The Vibe: What Is Happening With Houses and Condos Right Now
Let's break it down by property type, because houses and condos are telling two very different stories in Eastern Hillsides right now.
Houses - We are in steady-but-softening territory. The average sale price for a house sits at $1,058,333, with a price per square foot of around $528. Three homes sold recently, which is consistent with last month. The HonestDoor Price for houses is sitting at $1,122,184, though that number is drifting slightly below the 3-month moving average of $1,127,534. Values have nudged down 0.25% recently. Not a crash - more like the market taking a breather after a strong run.
- Average house sale price: $1,058,333
- Price per square foot: $528
- HonestDoor predicted value: $1,122,184
- 3-month moving average: $1,127,534
- Estimated monthly rent: $4,454
- Rental yield: 4.55%
- Growth rank: 3 out of 9 neighbourhoods in Chilliwack - above average
- Price rank: 2 out of 9 - one of the priciest spots in the city
That rental yield of 4.55% is worth noting. For anyone holding a house here as an investment, we are generating moderate but real returns. The Airbnb potential adds another layer - Eastern Hillsides ranks 3rd in all of Chilliwack for short-term rental income, with an estimated $221 per month in Airbnb income potential on top of long-term rent.
Condos - This is where we need to be honest with each other. The condo segment is taking a harder hit. The HonestDoor Price for condos is $1,044,618, but that number is down 3.54% recently and is sitting well below the 3-month moving average of $1,085,063. On the neighbourhood leaderboard, Eastern Hillsides condos rank 9 out of 9 for growth in Chilliwack right now. That is the bottom of the pack.
- HonestDoor predicted condo value: $1,044,618
- 3-month moving average: $1,085,063
- Recent value change: -3.54%
- Estimated monthly rent: $4,355
- Rental yield: 2.77%
- Airbnb rank in Chilliwack: 1st - top of the city for short-term rental potential
- Growth rank: 9 out of 9 - bottom performer in Chilliwack right now
The silver lining for condo owners? Eastern Hillsides sits at number 1 in Chilliwack for Airbnb income potential. If you are not leveraging short-term rentals, you may be leaving money on the table even as long-term values soften.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about your city assessment. It was calculated months ago using data that is even older than that. In a market that has moved - even slightly - that number is already out of date the moment it lands in your mailbox.
The average assessed value in Eastern Hillsides is $1,141,206. But the average HonestDoor Price right now is $1,100,179. That is a gap of roughly $41,000. The HonestDoor Price is 3.60% lower than what the city has on file. If you are pricing a home based on your assessment, you could be starting the conversation in the wrong place entirely.
The HonestDoor Price updates in real time using actual transaction data, current market signals, and comparable sales. It is not a guess - it is a live read on what buyers are actually willing to pay today. In a market where values have slipped 1.06% from the previous period, that difference matters. Use the HonestDoor Price as your real-world check before you make any decisions.
The So What: Should You Sell in Eastern Hillsides This Summer?
If you have been sitting on the fence about listing, here is the straight answer - Eastern Hillsides is still one of the strongest-priced neighbourhoods in Chilliwack. We rank 2nd out of 9 for average assessed value across the whole city. Buyers looking in this area know they are paying for something premium.
But the window may be tightening. Values are drifting down, not up. The gap between assessed value and real market value is already 3.60%. If that gap widens further, sellers who wait could find themselves chasing a price that keeps moving away from them.
Compare us to our neighbours - Ryder Lake is averaging an HonestDoor Price of $1,009,507 and East Chilliwack-Southside is at $921,473. Eastern Hillsides is still commanding a meaningful premium over both. That premium is your leverage right now.
- Eastern Hillsides HonestDoor Price: $1,100,179
- Ryder Lake HonestDoor Price: $1,009,507 - roughly $90,000 less
- East Chilliwack-Southside HonestDoor Price: $921,473 - roughly $179,000 less
- Neighbourhood growth: 0.02% year over year - stable but not accelerating
- Total transactions in 2026: 14 - a relatively tight market with limited supply
Low supply and a price premium over nearby neighbourhoods is a decent setup for a summer sale. Just go in with the right number. Check your HonestDoor Price first - not your tax assessment.
eastern hillsides | chilliwack | 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.