Evergreen, Edmonton - August 2026 Real Estate Report

Evergreen, Edmonton: Your Neighbour Paid $94,500 - Here Is What Your Home Is Actually Worth Right Now

The Vibe in Evergreen

If you have been watching the "For Sale" signs in Evergreen, here is what is actually happening. This is a quiet, affordable corner of Edmonton - and that is not a bad thing. With only 1 house sold recently and properties sitting on the market for an average of 169 days, we are not in a bidding-war neighbourhood. This market takes its time. Buyers know it, and sellers need to know it too.

For houses, the average sale price is sitting at $94,500, with current listings averaging $96,000. Homes are selling at 98.44% of list price, which means buyers are getting a small discount but not a steal. The price per square foot is around $79 - making Evergreen one of the most affordable spots in the city, ranking 282 out of 285 Edmonton neighbourhoods on price. If you are a buyer, that number should get your attention.

• Average sale price (houses): $94,500
• Average list price right now: $96,000
• Price per square foot: $79
• Sale-to-list ratio: 98.44% - buyers are paying just under asking
• Average days on market: 169 days
• Properties assessed this year: 181
• Transactions in 2026: 8

The Secret Sauce - Your HonestDoor Price vs. That Government Assessment

Here is where it gets interesting for Evergreen homeowners. The city's average assessed value for a home here is $91,135. But the average HonestDoor Price is $81,056. That is an 11.06% gap - meaning the city thinks your home is worth more than the real-world market data suggests right now.

Why does that matter? Because your property tax is tied to that assessed value. The HonestDoor Price is updated in real time using actual market signals - not a once-a-year government snapshot. It has moved up 8.26% from the previous period, which is a solid positive trend. But it is still telling a different story than your assessment notice. Think of the HonestDoor Price as your real-world check - the number that reflects what a buyer would actually put on the table today, not what a spreadsheet decided last January.

The predicted market value for houses specifically comes in at $79,404, which is trending upward from a 3-month moving average of $77,430. Small gains, but gains. The market is not sliding - it is just moving carefully.

• City assessed value (average): $91,135
• HonestDoor Price (average): $81,056
• HonestDoor Price change: up 8.26% from last period
• Gap between assessment and HonestDoor Price: 11.06% lower
• Predicted house value: $79,404
• 3-month moving average: $77,430 - values are climbing

The Neighbourhood Leaderboard

Evergreen ranks 111 out of 292 Edmonton neighbourhoods for growth. That puts us in the above-average tier - not leading the pack, but not getting left behind either. For a neighbourhood at this price point, holding above-average growth is a real positive signal.

The days-on-market rank is where we need to be honest. At 101 out of 108, Evergreen is one of the slowest-selling neighbourhoods in Edmonton. Homes are not flying off the shelf here. That is just the reality, and any seller needs to plan around it.

For context, nearby neighbourhoods are priced significantly higher. Anthony Henday Clareview averages $324,838. Anthony Henday Horse Hill sits at $291,559. Rural North East South Sturgeon is in a completely different league at $1,012,457. Evergreen is the affordable entry point in this part of the city - and that positioning has its own value for the right buyer.

• Growth rank: 111 out of 292 - above average in Edmonton
• Days-on-market rank: 101 out of 108 - slow-moving market, plan ahead
• Price rank: 282 out of 285 - among the most affordable in the city
• Nearby comparison - Anthony Henday Clareview: $324,838 average
• Nearby comparison - Anthony Henday Horse Hill: $291,559 average
• Nearby comparison - Rural North East South Sturgeon: $1,012,457 average

The So What - Thinking About Selling This Summer?

Here is the straight talk. If you are thinking about listing in Evergreen this summer, the biggest number you need to respect is 169 - that is how many days homes are sitting before they sell. This is not a neighbourhood where you price high and wait for a quick offer. That strategy will cost you months.

Price it right from day one. With a sale-to-list ratio of 98.44%, buyers are negotiating, but not dramatically. A sharp, realistic list price close to that $96,000 average is your best move. Overpricing by even a little will push you past that already-long average and into territory where buyers start wondering what is wrong with the place.

The rental angle is also worth a look. Estimated rent is $367 per month with a rental yield of 6.15%. That is a strong yield number. If selling feels rushed or the timing is not right, holding and renting is a legitimate option here - the numbers support it.

Bottom line - Evergreen is a patient market. It rewards sellers who price honestly and buyers who are looking for affordability in a city where prices elsewhere have run up fast. Check your HonestDoor Price before you do anything else. It is the most current read on what your home is actually worth - not what the city decided it was worth last year.

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.