Eastern Hillsides, Chilliwack - September 2026 Real Estate Report

Eastern Hillsides, Chilliwack: Your Home Is Worth Less Than the City Thinks

If you have been glancing at your latest property assessment and feeling good about that number, here is a reality check. The city says your home is worth one thing. The actual market is saying something different - and the gap matters if you are planning any moves this year.

The Vibe: What Is Actually Happening on Our Streets

Eastern Hillsides is one of Chilliwack's pricier pockets - ranked 2nd out of 9 neighbourhoods for average assessed value and 3rd for house prices. But "expensive" does not mean "climbing." Our neighbourhood growth sits at just 0.02% year over year. That is essentially flat. The market is taking a breather, and the numbers back that up.

Nine property transactions happened here in 2026. That is a thin market. When fewer homes trade hands, pricing gets harder to pin down - which is exactly why checking your HonestDoor Price right now is smarter than waiting.

Houses: Solid Prices, But the Trend Is Drifting Down

• Average sale price: $1,210,300
• Price per square foot: $320
• HonestDoor predicted value: $1,125,001
• 3-month moving average: $1,135,481 - and the current value is below that
• Recent value change: -0.92%
• Estimated monthly rent: $4,463
• Rental yield: 4.54%
• Growth rank: 6 out of 9 neighbourhoods in Chilliwack

That growth rank is the number we should all be paying attention to. Sitting 6th out of 9 puts us in below-average territory on the Chilliwack neighbourhood leaderboard. We are not at the bottom, but we are not leading the pack either. The predicted value has slipped below the 3-month moving average, which tells us the short-term direction is downward - slowly, but consistently.

The bright side for landlords: a 4.54% rental yield on a $1.1M asset is a reasonable return. If you are holding and renting, the math still works.

Condos: A Steeper Slide Worth Watching

• HonestDoor Price: $1,044,618 - down 3.54% from the previous period
• Predicted market value: $1,082,961
• 3-month moving average: $1,118,318 - current value is well below that
• Recent value change: -3.96%
• Estimated monthly rent: $4,355 to $4,456
• Rental yield: 2.70%
• Airbnb rank in Chilliwack: 1st - top of the leaderboard
• Growth rank: 8 out of 9 neighbourhoods in Chilliwack

Condos here are a mixed story. On one hand, we rank dead last among the bottom performers for growth - 8th out of 9 on the Chilliwack leaderboard. A nearly 4% value drop in a short period is not a blip, it is a trend. On the other hand, Eastern Hillsides condos sit at the top of Chilliwack's Airbnb rankings. If your unit is set up for short-term rentals, that is a genuine edge over almost every other neighbourhood in the city.

The 2.70% rental yield on the long-term side, though, is thin. If you are holding a condo here purely as a traditional rental investment, the numbers are not exciting right now.

The Secret Sauce: Your Assessment Is Frozen in Time

Here is the thing about your BC Assessment number. It is based on data from July 1st of the previous year. By the time it lands in your mailbox, it is already stale. The city's average assessed value for Eastern Hillsides houses sits at $1,141,206. The HonestDoor Price for the same homes is $1,111,953 - that is 2.56% lower, and it is updated in real time.

That gap is not just a rounding error. On a $1.1M home, 2.56% is roughly $29,000. If you are pricing a listing, negotiating a sale, or just trying to understand what your biggest asset is actually worth today, the HonestDoor Price is the real-world check. The assessment tells you what the government thought last summer. HonestDoor tells you what the market thinks right now.

The So What: Should You Sell This Summer?

If you are a house owner thinking about listing this summer, here is the honest take. You are sitting in a high-price neighbourhood - top 3 in Chilliwack - but the growth momentum is not on your side right now. Values are drifting down, not up. Waiting for the market to recover could work, but there is no clear signal that a rebound is coming soon.

Selling into a thin market - only 9 transactions so far in 2026 - means your pricing strategy has to be sharp. Overpricing by even 5% could mean your listing sits while buyers look elsewhere. Use your HonestDoor Price as your anchor, not your assessment.

If you own a condo and are thinking about selling, the case for moving sooner rather than later is stronger. A -3.96% recent value change and an 8th-place growth ranking are not reasons to panic, but they are reasons to stop waiting. The Airbnb upside is real, but that only helps if you are holding and operating - not if you are trying to sell.

Bottom line: Eastern Hillsides is still one of Chilliwack's most valuable neighbourhoods. But right now, the market is not rewarding patience. Know your real number, price it right, and move with confidence.

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.