Edmison Heights, Peterborough - September 2026 Real Estate Report

Edmison Heights Real Estate Update: Prices Are Slipping - Here Is What You Need to Know Before Summer

The Vibe Right Now

If you have been watching the "For Sale" signs around Edmison Heights lately, here is the honest read: our market is taking a breather. Values are edging down, not crashing, but enough that timing matters if you are thinking about making a move this summer.

Houses: Steady, But Softening

The average HonestDoor Price for a house in Edmison Heights sits at $619,769 - down 0.69% from the previous period. The predicted market value comes in at $624,047, but that number is sliding. It is already below the 3-month moving average of $634,424, which tells us the direction of travel is downward right now.

On the neighbourhood leaderboard, our houses rank 22 out of 24 for growth in Peterborough. That puts us near the bottom of the pack. It is not a panic signal, but it is a number worth knowing.

The silver lining? If you are a landlord or thinking about becoming one, the rental story is genuinely strong. Estimated rent runs $3,006 to $3,022 per month, with a rental yield of 5.40%. That is a real return in a market where strong yields are harder to find.

• Average HonestDoor Price (Houses): $619,769
• Predicted Market Value: $624,047
• 3-Month Moving Average: $634,424
• Recent Value Change: -0.55%
• Average Monthly Rent Estimate: $3,006
• Rental Yield: 5.40%
• Airbnb Estimate: $149 per night
• Growth Rank: 22 out of 24 in Peterborough

How do we stack up against the neighbours? Auburn houses average $660,525 and University Heights comes in at $734,178 - both pricier than Edmison Heights. Downey is cheaper at $609,029. We sit in the middle of the pack on price, but near the bottom on momentum.

Condos: A Wild Number That Needs Context

The condo data for Edmison Heights is worth a closer look - and a healthy dose of skepticism. The average HonestDoor Price shows $2,120,347, up 337.07% from the previous period. That kind of swing almost always means a very small number of sales skewing the average hard. One high-end sale can move a thin market dramatically.

The more grounded number to watch is the predicted market value: $485,122, which is actually dipping below the 3-month moving average of $492,910. Condos here rank 19 out of 22 for growth - again, near the bottom of the Peterborough leaderboard. The recent value change of -6.93% is the steepest drop in this data set.

Rental yield for condos comes in at 3.88%, which is moderate. Not bad, but not the headline story here.

• Average HonestDoor Price (Condos): $2,120,347 (small sample - treat with caution)
• Predicted Market Value: $485,122
• 3-Month Moving Average: $492,910
• Recent Value Change: -6.93%
• Average Monthly Rent Estimate: $5,778 (tied to HD Price sample) / $2,418 (predicted basis)
• Rental Yield: 3.88%
• Airbnb Estimate: $287 per night
• Airbnb Rank in Peterborough: 1st
• Growth Rank: 19 out of 22 in Peterborough

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

Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know that values in Edmison Heights have been drifting down over the last few months. It does not update when the market shifts. It just sits there, frozen in time, while the real world moves on without it.

The HonestDoor Price is a real-time check on what your property is actually worth today - not what a government office decided it was worth a year or two ago. With values currently trending below the 3-month moving average, there is a real gap opening up between what assessments say and what buyers would actually pay. Knowing your HonestDoor Price right now is not just interesting - it is the difference between pricing your home right and leaving money on the table, or worse, sitting on the market too long.

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

Summer is traditionally when Peterborough buyers come out. But in Edmison Heights right now, the data is sending a clear message: do not wait and hope values bounce back on their own. With a growth rank of 22 out of 24 for houses, we are not leading the city's recovery - we are lagging it.

If you are a house owner thinking about selling, the window to act before further softening is now, not September. Buyers in the $600K range have options, and the longer you wait, the more competition you face from other sellers who read the same numbers.

If you own a condo, the -6.93% recent change is a real flag. The Airbnb potential is genuinely the strongest story here - ranking 1st in Peterborough for short-term rental income at $287 per night is not nothing. If you are holding a condo as an investment, that short-term rental angle might be worth exploring before you decide to list.

Bottom line: check your HonestDoor Price today, compare it honestly to what your assessment says, and have a real conversation about what summer 2025 looks like for your specific property. The market is not broken - it is just asking you to pay attention.

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.