Eleanor, Hamilton - July 2026 Real Estate Report

Eleanor, Hamilton: Your Neighbours Are Watching the Market. You Should Too.

If you live in Eleanor and you have been wondering whether now is the time to make a move, here is the straight answer: the market is active, buyers are competitive, and your home is probably worth more than the city thinks it is. Let's break it down.

The Vibe: What's Happening on Our Streets Right Now

Houses in Eleanor

Houses here are holding strong. The average sale price sits at $870,000, and the number that should really grab your attention is this: homes are selling at 108.75% of the asking price. That means buyers are going over list - not just meeting it. When a home hits the market, it is gone in an average of 11 days. That is not a slow market taking a breather. That is a sellers' market doing its job.

• Average HonestDoor Price: $914,437 (down 2.24% from last period)
• Predicted Market Value: $935,355
• 3-Month Moving Average: $918,632 (and the predicted value is climbing past it)
• Average Sale Price: $870,000
• Average List Price This Month: $799,999
• Price Per Square Foot: $476
• Average Days on Market: 11
• Sold-to-List Ratio: 108.75%
• Estimated Monthly Rent: $3,999
• Rental Yield: 4.83%
• Airbnb Potential: $199/month

On the neighbourhood leaderboard, Eleanor houses rank 6 out of 45 for days-on-market speed across Hamilton - that puts us in the top tier for how fast homes move. For price, we rank 26 out of 69 neighbourhoods, which is above average. Growth rate sits at 101 out of 203, right in the above-average zone. We are not the flashiest number on the board, but we are consistent and competitive.

Condos in Eleanor

The condo picture is a little more nuanced. Values have nudged up 0.74% recently, and the HonestDoor Price for condos is $552,251. The predicted market value is $548,198, which is just slightly below the 3-month moving average of $549,518 - so things are levelling off rather than charging ahead. That said, Eleanor condos are still outpacing nearby Broughton West ($531,325) and Butler ($545,414).

• Average HonestDoor Price: $552,251 (up 0.74%)
• Predicted Market Value: $548,198
• 3-Month Moving Average: $549,518
• Estimated Monthly Rent: $2,732
• Rental Yield: 3.74%
• Airbnb Potential: $135/month
• Recent Value Change: 3.53%

On the condo leaderboard, Eleanor ranks 43 out of 194 Hamilton neighbourhoods for growth. That puts us solidly above average - top quarter of the city. Not bad for a neighbourhood that does not always get the headlines.

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

Here is the thing about your city assessment: it is a snapshot from the past. The city looks at sale data from a fixed point in time, runs it through a formula, and mails you a number. By the time it reaches your mailbox, the market has already moved on.

The HonestDoor Price is updated in real time. It pulls from current sales, active listings, and market trends - not a government spreadsheet that was last refreshed months ago. For Eleanor houses, the HonestDoor Price is $914,437 right now. The predicted market value is even higher at $935,355. If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - you want the number that reflects today, not last year.

Think of the HonestDoor Price as the real-world check. It is what a buyer would actually pay, not what a bureaucrat estimated.

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

If you own a house in Eleanor and selling has crossed your mind, the data is telling you something clear. Buyers are paying over asking. Homes are moving in under two weeks. The predicted value is trending above the 3-month average. That combination does not show up everywhere in Hamilton right now.

Listing at $799,999 and selling above $870,000 is not a fluke - that is the pattern here. The gap between list price and sale price is working in your favour.

For condo owners, the story is steadier. Values are holding and you are still beating most nearby neighbourhoods on price. It is not a sprint, but it is not a slide either. If your timeline is flexible, there is no panic. If you need to move, the market is not punishing you for it.

Bottom line: Eleanor is not the cheapest option in Hamilton, and it is not trying to be. It is a neighbourhood where homes sell fast, buyers compete, and values are holding their ground. Check your HonestDoor Price before you do anything else - because the number on your assessment notice is probably not the number you should be working with.

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.