Fairfield Park, Winnipeg - July 2026 Real Estate Report

Fairfield Park, Winnipeg: Your Neighbour Just Got a Raise. Did You?

If you own a home in Fairfield Park and you haven't checked your property value lately, you're probably leaving money on the table. The numbers are moving, and not in a small way. Here's the real picture, no fluff.

The Vibe: What's Actually Happening on Our Streets

Houses

We're in a strong spot right now. The average sale price for houses in Fairfield Park hit $564,200 this month, up 4.1% from last month. That's not a blip - that's momentum. Listings are sitting at $684,900 on average, and homes are selling in just 8 days. Eight. That's one of the fastest turnaround times in all of Winnipeg, ranking 8th out of 67 neighbourhoods for days on market.

• Average HonestDoor Price: $663,410 (up 1.97%)
• Average sale price: $564,200 (up 4.1% from last month)
• Average listing price: $684,900
• Price per square foot: $286
• Average days on market: 8
• Sale-to-list ratio: 99.52% - buyers are paying very close to asking
• Estimated monthly rent: $3,125
• Rental yield: 5.37% - that's a strong return
• Growth rank: 60 out of 193 neighbourhoods in Winnipeg - above average
• Price rank: 39 out of 185 - above average in Winnipeg

Homes here are also outpricing nearby Waverley Heights ($450,114 HonestDoor Price) and Richmond West ($554,453), while Waverley West B sits higher at $862,178. We're punching above the middle of the pack, and the trajectory is pointing up.

Condos

The condo side of Fairfield Park is where things get really interesting. Seven condos sold this month, and the average sale price jumped to $409,329 - up 34.5% from last month. That's a big number. Some of that is likely a mix-of-sales effect, but the direction is clear: demand is real. Condos are moving in 18 days, which is faster than nearby Waverley Heights at 22 days.

• Average HonestDoor Price: $331,330 (up 0.29%)
• Average sale price: $409,329 (up 34.5% from last month)
• Average listing price: $418,425
• Price per square foot: $294
• Average days on market: 18
• Sale-to-list ratio: 98.91%
• Estimated monthly rent: $1,782
• Rental yield: 4.13% - moderate but solid
• Total transactions in 2026: 21 - ranking 2nd in Winnipeg for condo transaction volume
• Growth rank: 64 out of 190 neighbourhoods - above average
• Price rank: 37 out of 121 - above average in Winnipeg

Twenty-one condo transactions in 2026 already, ranking us 2nd in all of Winnipeg for volume. Buyers are choosing Fairfield Park condos. That's not an accident.

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

Here's the thing about your city assessment - it's a snapshot from the past. The City of Winnipeg reassesses on a fixed cycle, which means the number on your tax bill could be months or even years behind where the market actually is today.

The HonestDoor Price is updated in real time using actual sales data, listing activity, and neighbourhood trends. For houses in Fairfield Park, that number is sitting at $663,410 right now. For condos, it's $331,330. These aren't guesses - they're the closest thing to a real-world market check you can get without calling an agent.

If your city assessment is lower than your HonestDoor Price - and for many Fairfield Park homeowners it likely is - you now have a clearer picture of what your property is actually worth in today's market. That matters whether you're selling, refinancing, or just keeping score.

The So What: Should You Sell This Summer?

Short answer: the conditions are about as good as they get.

Houses are selling in 8 days. Buyers are paying 99.52% of list price. Prices are up month over month. If you've been sitting on the fence about listing, the summer window is open right now, and the data says buyers are ready to move fast.

For condo owners, the volume alone tells the story. Ranking 2nd in Winnipeg for transactions means there's a deep pool of buyers actively looking in our neighbourhood. You're not hoping someone finds your listing - they're already here looking.

A few things to keep in mind before you list:

• Check your HonestDoor Price first - it's your real-world baseline before any agent conversation
• Houses are pricing above the 3-month moving average of $662,861, which signals short-term strength
• With only 1 house sold last month, inventory is tight - less competition for sellers
• Rental demand is strong at $3,125 per month for houses, so if selling isn't the move, holding has real upside too

Bottom line: Fairfield Park is not a neighbourhood that's taking a breather right now. If you've been thinking about making a move, the numbers are on your side. Go check your HonestDoor Price and see where you actually stand.

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.