Evergreen, Edmonton - October 2026 Real Estate Report
Evergreen, Edmonton: The Most Affordable Neighbourhood With a Quietly Rising Floor
The Headline
If your neighbour just got their city assessment and thinks their house is worth $91,000 - they might want to pump the brakes. The real-world number is closer to $84,727, and it has been drifting down. But here is the twist: the actual sale price for houses in Evergreen is sitting at $94,500. So the market is doing something the paperwork has not caught up to yet.
The Vibe - What Is Actually Happening on the Ground
We are working with a small but telling data set here. One house sold in Evergreen in 2026 so far, at $94,500. Listings are asking $96,000 on average, and sellers are getting 98.44% of that ask. That is not a distressed market - that is a steady one. Buyers are not lowballing, and sellers are not panicking.
- Average sale price - Houses: $94,500
- Average list price this month: $96,000
- Sale-to-list ratio: 98.44% - buyers paid just under ask
- Price per square foot: $79
- Average days on market: 169 days
- Properties assessed this year: 181
- Total transactions in 2026: 10
The catch is the days on market number. At 169 days, homes here are sitting longer than most of Edmonton. That puts us at rank 109 out of 116 neighbourhoods for speed of sale. This is not a place where you list on a Friday and get offers by Sunday. Patience is part of the game in Evergreen.
On the rental side, we are looking at an estimated $416 per month with a rental yield of 6.15%. For a neighbourhood at this price point, that yield is genuinely strong. If you are an investor hunting affordable entry with decent returns, Evergreen is worth a serious look.
The Secret Sauce - Your HonestDoor Price vs. Your City Assessment
Here is why this matters right now. The city assessed the average Evergreen home at $91,135. The HonestDoor Price says $84,727. That is a gap of over $6,400 - and the HonestDoor Price has dipped 1.08% from the previous period.
City assessments are snapshots frozen in time. They do not update when the market shifts, when a street gets quieter, or when buyer demand softens. The HonestDoor Price pulls from real transaction data and refreshes continuously. It is the difference between a photo from last year and a live feed.
For Evergreen homeowners, the HonestDoor Price being 7.03% below the assessed value is a signal worth paying attention to - especially if you are making financial decisions based on what the city says your home is worth. The city number may be flattering you a little.
The predicted market value for houses sits at $88,620 right now, and it is trending up from the 3-month moving average of $84,325. That is a 4.32% recent change. So while the HonestDoor Price is below assessment, the direction of travel is upward. That matters.
The Neighbourhood Leaderboard Stat
Growth rate rank: 4 out of 285 Edmonton neighbourhoods. Read that again. Out of 285 neighbourhoods tracked, Evergreen ranks 4th for recent value growth. We are the most affordable neighbourhood in Edmonton by price rank - dead last at 285 out of 285 - but near the very top for momentum. That combination does not come around often.
Nearby neighbourhoods like Anthony Henday Clareview ($328,438) and Anthony Henday Horse Hill ($293,959) are priced three to four times higher. Rural North East South Sturgeon is over a million dollars on average. Evergreen is not competing with those areas on price - it is competing on growth rate, and right now it is winning that race.
The So What - Should You Sell This Summer?
Honest answer: it depends on your timeline and your expectations. Here is the straight version.
- Evergreen is a slow-moving market. Budget for 5 to 6 months on the market, not 5 to 6 weeks.
- Buyers are serious when they show up - the 98.44% sale-to-list ratio means you are not going to get lowballed into the floor.
- Pricing matters more here than almost anywhere. At $79 per square foot, there is not a lot of room to overprice and then chase the market down.
- The growth momentum is real - a 4th place ranking out of 285 neighbourhoods is not a fluke. If you can wait, the floor may keep rising.
- If you need to move this summer, price it sharp from day one. A stale listing in a slow market is a tough spot to recover from.
Bottom line - Evergreen is not a flashy market. It is a slow, steady, surprisingly well-performing one. The city assessment overstates current value, the HonestDoor Price is the more honest starting point, and the growth trajectory is one of the best in the city. If you own here, you are sitting on something that more people should be paying attention to.
evergreen | edmonton | october 2026This 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.