Farewell, Oshawa - September 2026 Real Estate Report

Farewell, Oshawa: Your Home Is Worth More Than the City Thinks - Here's the Proof

If you own a place in Farewell and you're still going off your last property tax assessment, you're flying blind. The market has moved. The numbers below are what's actually happening on the ground right now - and some of it will surprise you.

The Vibe: What's Happening With Houses vs. Condos

Let's be straight with each other. The two property types in our neighbourhood are telling very different stories right now, and knowing which one you own matters a lot if you're thinking about your next move.

Houses in Farewell - Holding Steady With Real Upside

Houses here are doing reasonably well. The average HonestDoor Price sits at $626,632, and the forward-looking predicted value comes in even higher at $667,689 - nudging up from a 3-month moving average of $666,676. That's a sign the floor is holding.

• Average HonestDoor Price: $626,632
• Predicted Market Value: $667,689
• 3-Month Moving Average: $666,676 (trending up)
• Recent Price Change: +1.23%
• Average Rental Estimate: $3,039 per month
• Rental Yield: 5.31% - that's a strong return
• Airbnb Estimate: $151 per night
• Neighbourhood Growth Rank: 10 out of 20 in Oshawa - above average

A 5.31% rental yield is nothing to shrug at. If you're a landlord or thinking about becoming one, houses in Farewell are pulling real income. On the leaderboard, we rank 10th out of 20 comparable Oshawa neighbourhoods for growth - that puts us in the top half. Not leading the pack, but not getting lapped either.

Compare that to nearby Beaton at a predicted $592,480 - we're running ahead. Donevan clocks in at an average HonestDoor Price of $712,334, so there's a ceiling above us, but we're not far off Central at $625,326. Farewell houses are priced right in the middle of the action.

Condos in Farewell - Taking a Breather

We'll be honest - the condo picture is softer. The average HonestDoor Price is $430,684, down 3.42% from the previous period. The predicted value of $445,935 is actually sliding below the 3-month moving average of $461,641. That's a signal worth paying attention to.

• Average HonestDoor Price: $430,684
• Predicted Market Value: $445,935
• 3-Month Moving Average: $461,641 (trending down)
• Recent Price Change: -4.88%
• Average Rental Estimate: $2,052 per month
• Rental Yield: 3.93% - moderate
• Airbnb Estimate: $102 per night
• Neighbourhood Growth Rank: 14 out of 19 in Oshawa - below average

A 14th out of 19 ranking on the neighbourhood leaderboard means condo values here are underperforming most of Oshawa right now. Donevan condos are predicted at $457,808 and Central sits at $492,473 - both ahead of us. If you own a condo in Farewell, this is not the moment to sit back and assume things will sort themselves out.

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. It doesn't know what happened to interest rates last quarter. It doesn't know what your neighbour's place sold for last month. It's a static number doing a real-time job, and it's not up to the task.

The HonestDoor Price is updated continuously using real market data. For house owners in Farewell, that means the difference between a $626,632 HonestDoor Price and whatever the city last assessed your home at could be significant - and it directly affects how you price a listing, negotiate a sale, or even have a conversation with your bank about refinancing.

For condo owners, it's even more urgent. If your assessment is lagging behind a market that's already dropped 4.88% recently, you could be making decisions based on a number that no longer exists. Check your HonestDoor Price now - not in six months when the next assessment cycle rolls around.

The So What - Should You Sell in Farewell This Summer?

If you own a house, the case for listing this summer is real. Values are predicted to hold above $667,000, the rental market is strong at $3,039 per month if you want a backup plan, and we're sitting above average on the Oshawa growth leaderboard. Buyers shopping in Donevan at $712,334 will look at Farewell as a value play - and that's exactly the kind of attention that moves listings.

If you own a condo, the conversation is different. With values trending down and a below-average growth rank, waiting for a rebound without a clear signal is a gamble. If you need to sell, price it sharp and price it now. If you can hold, watch the 3-month moving average - when it stops falling, that's your green light.

Either way, pull your HonestDoor Price before you do anything else. It's the one number in this market that's actually keeping up with the market.

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.