Edmison Heights, Peterborough - August 2026 Real Estate Report

Edmison Heights Real Estate Check-In: Your House and Your Condo Are Telling Two Very Different Stories

The Vibe Right Now

If you've been watching the "For Sale" signs in Edmison Heights, here's what's actually happening. The market is not moving in one direction - it depends entirely on what you own. Houses and condos are on completely separate tracks right now, and knowing which track you're on could be worth tens of thousands of dollars to you.

Houses: Taking a Breather

Let's be straight with each other. If we own a house in Edmison Heights, the numbers are softening. The average HonestDoor Price sits at $624,047, down 0.55% from the previous period. The predicted market value is $627,479, but that number is sliding - it's down from a 3-month moving average of $639,899, a drop of roughly 3.72% recently.

On the neighbourhood leaderboard, our houses rank 18 out of 25 comparable Peterborough neighbourhoods for growth. That puts us in below-average territory right now. Not a freefall, but not a climb either.

The silver lining? If you're a landlord or thinking about becoming one, houses here still pull strong rental numbers.

• Average HonestDoor Price: $624,047
• Predicted Market Value: $627,479
• 3-Month Moving Average: $639,899
• Recent Value Change: -3.72%
• Average Rental Estimate: $3,022 per month
• Rental Yield: 5.39% - that's a strong return
• Airbnb Estimate: $150 per night
• Growth Rank: 18 out of 25 in Peterborough

For context, nearby Auburn houses are predicted at $511,854 and Downey at $592,274 - so our houses are still priced above both of those neighbours. University Heights is the pricier option at $741,666 if you're comparing up the street.

Condos: The Surprise Performer

Here's where it gets interesting for us condo owners. While the house market cools off, condos in Edmison Heights are quietly climbing the leaderboard. The predicted market value is $521,264, up from a 3-month moving average of $480,676 - a jump of 10.36% recently.

On the neighbourhood leaderboard, our condos rank 4 out of 22 comparable Peterborough neighbourhoods for growth. That puts us among the top performers in the city. That's not a small thing.

The average HonestDoor Price for condos is $485,122, though it has dipped 6.93% from the previous period - so there's some short-term noise in the data. The predicted value of $521,264 tells a more optimistic story when you look at the trend direction.

• Average HonestDoor Price: $485,122
• Predicted Market Value: $521,264
• 3-Month Moving Average: $480,676
• Recent Value Change: +10.36%
• Average Rental Estimate: $2,418 per month
• Rental Yield: 3.81% - moderate but steady
• Airbnb Estimate: $120 per night
• Growth Rank: 4 out of 22 in Peterborough - top tier

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

Here's the thing most Edmison Heights homeowners don't realize. Your city tax assessment is a snapshot from the past. It doesn't know what happened to condo values last quarter. It doesn't know that house prices have pulled back from their peak. It's basically a photo from a few years ago being used to describe what you look like today.

The HonestDoor Price is updated in real time. It's the difference between knowing your house is worth $624,047 right now versus assuming it's worth whatever the city last told you. For condos especially, where values jumped 10.36% recently, that gap between your assessment and your actual market value could be significant. If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number you want in your hand, not a government document that's already out of date.

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

If you own a house in Edmison Heights and are thinking about listing this summer, the honest advice is this: don't wait for the market to come back to you. The 3-month trend is pointing down, and sitting at rank 18 out of 25 means momentum is not on your side right now. Pricing sharp and moving quickly is a smarter play than holding out for a number the market isn't currently offering.

If you own a condo, the story flips. You're sitting in a top-4 growth neighbourhood right now. A summer listing puts you in front of buyers at a moment when your asset class is outperforming most of Peterborough. That's a real advantage - use it.

Either way, the first step is the same. Pull your HonestDoor Price today. Know your real number before you talk to anyone. That's how you walk into any conversation - with an agent, a buyer, or your bank - without leaving money on the table.

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.