Farewell, Oshawa - June 2026 Real Estate Report

Farewell, Oshawa: Your House Is Worth More Than the City Thinks

The Vibe Right Now

If you own a house in Farewell and you haven't checked your actual market value lately, here's the short version: things are moving. The average HonestDoor Price for houses sits at $672,773, and it's ticking upward. That's not a dramatic spike, but it's steady - and steady in this market is actually a good sign.

Condos are a different story, and we'll get into that. But for homeowners on the house side, Farewell is holding its own.

Houses - Slow and Steady

• Average HonestDoor Price: $672,773 (up 0.08% from last period)
• Predicted market value: $672,268
• 3-month moving average: $669,872 - and the current value is above it
• Estimated monthly rent: $3,211 - $3,212
• Rental yield: 5.30% - that's a strong return
• Recent value change: up 1.27%
• Neighbourhood growth rank: 11 out of 20 in Oshawa

That 5.30% rental yield is the number worth paying attention to. For context, anything above 5% is considered strong in most Canadian markets. If you're a landlord in Farewell, your numbers are working for you right now.

On the neighbourhood leaderboard, houses rank 11 out of 20 in Oshawa - right in the middle of the pack. Not leading the charge, but not falling behind either. Think of it as a solid B average.

How does Farewell stack up against the neighbours? Beaton comes in cheaper at $641,880 and Donevan sits higher at $727,516. Farewell lands right between them - which tells us we're priced in a reasonable range, not inflated, not undervalued.

Condos - Taking a Breather

• Average HonestDoor Price: $465,386 (up 41.02% from previous period - but read below)
• Predicted market value: $330,010
• 3-month moving average: $367,005 - and the current value is below it
• Estimated monthly rent: $1,513
• Rental yield: 4.05% - moderate
• Recent value change: down 6.28%
• Neighbourhood growth rank: 18 out of 19 in Oshawa

That 41% jump in the average HonestDoor Price looks eye-catching, but the predicted value tells a more grounded story at $330,010 - and that number is sliding below the 3-month average. The condo segment here is taking a breather, and the growth rank of 18 out of 19 puts it near the bottom of the Oshawa leaderboard right now.

If you own a condo in Farewell, this isn't a panic moment - but it is a "pay attention" moment. Nearby Donevan and Central are both priced similarly, so the whole area is navigating the same headwinds.

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

Here's the thing about city assessments: they're snapshots from the past. By the time the government updates your assessed value, the market has already moved - sometimes by tens of thousands of dollars in either direction.

The HonestDoor Price is a real-time read on what your property is actually worth today, not two years ago. For Farewell houses, that number is $672,773. For condos, it's $465,386. These aren't guesses - they're calculated from current market data and updated regularly.

If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage still makes sense - the HonestDoor Price is the number to start with. Your tax assessment is not.

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

For house owners, the timing is reasonable. Values are above the 3-month moving average, rental demand is strong at $3,211 per month, and Farewell sits in a competitive price range compared to nearby neighbourhoods. You're not at the peak of a frenzy, but you're also not waiting for a recovery. If you've been on the fence, this summer is a credible window.

For condo owners, the honest advice is to watch the next 60 to 90 days closely. Values have dipped 6.28% recently and the 3-month trend is pointing down. That doesn't mean don't sell - it means price it right from day one. Overpricing a condo in a softening segment is the fastest way to sit on the market and eventually drop anyway.

Either way, pull your HonestDoor Price before you have a single conversation with an agent. Walk into that meeting knowing your number - not the city's outdated one.

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.