Farewell, Oshawa - July 2026 Real Estate Report

Farewell, Oshawa: Your Neighbour Just Got a Reality Check on Their Home Value

If you own a home in Farewell and you're still relying on your last city assessment to know what your place is worth, you're working with old information. The market has moved. Here's what's actually happening on our streets right now.

The Vibe: Houses vs. Condos in Farewell

We've got two different stories playing out here, and both are worth paying attention to.

Houses: The average HonestDoor Price for a house in Farewell sits at $659,565, down about 1.96% from the previous period. That said, the forward-looking predicted value comes in at $672,773 - which is actually climbing past the 3-month moving average of $669,630. So yes, we took a small step back, but the trend line is pointing up. On the rental side, houses are pulling in an estimated $3,163 per month, with a solid rental yield of 5.30%. That's not a number to ignore if you're thinking about holding rather than selling. On the neighbourhood leaderboard, our houses rank 8 out of 20 in Oshawa for growth - that puts us in above-average territory, not at the top, but well ahead of the pack.

Condos: This is where Farewell gets interesting. The average HonestDoor Price for condos is $463,811, down a tiny 0.34% - basically flat. But the predicted value of $465,386 is running well ahead of the 3-month moving average of $382,501, and recent property value change clocks in at 41.02%. That is not a typo. On the Oshawa condo leaderboard, Farewell ranks 1 out of 19 neighbourhoods for growth. Number one. If you own a condo here, that is a headline worth reading twice. Rental estimates come in at $2,193 per month with a 3.90% yield - moderate, but steady.

• House HonestDoor Price: $659,565 (down 1.96%)
• House predicted value: $672,773 (above 3-month average of $669,630)
• House rental estimate: $3,163/month - rental yield: 5.30%
• House growth rank: 8 out of 20 in Oshawa
• Condo HonestDoor Price: $463,811 (down 0.34%)
• Condo predicted value: $465,386 (well above 3-month average of $382,501)
• Condo rental estimate: $2,193/month - rental yield: 3.90%
• Condo growth rank: 1 out of 19 in Oshawa - top of the city

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

Here's the thing about city assessments - they're a snapshot from the past. They don't update in real time, and they definitely don't know that Farewell condos just posted the strongest growth rank in Oshawa. Your tax assessment is like checking last year's weather forecast to decide what to wear today.

The HonestDoor Price is built on current market data. It updates as the market moves. When our house values dipped 1.96% but the predicted value is already recovering to $672,773, the HonestDoor Price catches that shift. Your assessment won't. That gap between what the city thinks your home is worth and what a buyer would actually pay today - that's the number that matters when you're making a real financial decision.

Check your HonestDoor Price now. Not when the next assessment cycle rolls around. Now.

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

If you're a house owner in Farewell and you're weighing a summer sale, the market is taking a bit of a breather on price - but it hasn't stalled. A predicted value of $672,773 climbing past its own 3-month average tells us buyers are still active. Compared to nearby Donevan at $726,135, we're priced more accessibly, which can actually work in your favour for attracting serious offers quickly. Beaton comes in cheaper at $606,760, so Farewell sits in a comfortable middle ground.

If you own a condo, the timing conversation is even more compelling. Ranking first in Oshawa for condo growth is a real selling point - not just a stat. Buyers looking at Donevan ($474,520) or Central ($506,230) are paying more for condos in those areas. Farewell gives them a competitive entry price with top-tier growth momentum behind it. That's a story worth telling in your listing.

Bottom line - whether you're selling, holding, or just curious what your place is actually worth right now, Farewell is not a neighbourhood to sleep on this summer. Get your HonestDoor Price, know your real number, and make your move with clear eyes.

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.