Forest Glen, Morinville - October 2026 Real Estate Report
Forest Glen, Morinville: Here's What Your Home Is Actually Worth Right Now
If you live in Forest Glen and you haven't checked your home's value since your last tax assessment, you're probably working with a number that's already out of date. Here's the real picture - no fluff, just what the data is telling us right now.
The Vibe: Houses vs. Condos in Forest Glen
Let's break it down for the two main property types in our neighbourhood, because they're telling very different stories this month.
Houses - Steady Value, Slow Sales
The average HonestDoor Price for a house in Forest Glen sits at $375,113, up 2.09% from the previous period. That's a real, measurable gain. The predicted market value is $367,418, and it's ticking upward against the 3-month moving average of $366,157 - a good sign for anyone holding a house here.
That said, we have to be straight with you. The average sale price this month came in at $371,000, which is down 19.3% from last month. Before that number spooks you, context matters - only 1 property sold this month. One sale can swing the average hard in either direction. It doesn't mean your home lost a fifth of its value overnight.
The number that deserves more attention is days on market: 146 days on average. That's slow. Buyers paid about 95.79% of list price, meaning sellers are giving a little ground to close the deal. The market is taking a breather, and patience is the name of the game right now.
- Average HonestDoor Price: $375,113 (up 2.09%)
- Predicted Market Value: $367,418
- Average Sale Price This Month: $371,000
- Average List Price: $387,300
- Price Per Square Foot: $372
- Sale-to-List Ratio: 95.79%
- Average Days on Market: 146
- Estimated Monthly Rent: $1,935
- Rental Yield: 5.88%
- Neighbourhood Growth Rank: 3 out of 14 in Morinville
That growth rank is worth pausing on. 3rd out of 14 neighbourhoods in Morinville puts Forest Glen houses in the top tier for value growth. On the neighbourhood leaderboard, we're near the front of the pack.
Condos - Watch This One Closely
The condo picture is a bit more cautious. The average HonestDoor Price is $211,455, up 4.26% from the previous period - which sounds great. But the predicted market value has slipped to $202,813, down from a 3-month moving average of $213,110. Recent value change is sitting at -6.56%.
On the neighbourhood leaderboard, Forest Glen condos rank 10th out of 11 in Morinville for growth. That's a bottom-of-the-pack position, and it's worth knowing if you own one.
The rental yield of 4.32% is moderate - not bad, but not the standout number we see on the house side. If you're holding a condo here as an investment, the rent-versus-value math still works, but the growth momentum isn't with you right now.
- Average HonestDoor Price: $211,455 (up 4.26%)
- Predicted Market Value: $202,813
- 3-Month Moving Average: $213,110
- Recent Value Change: -6.56%
- Estimated Monthly Rent: $1,111
- Rental Yield: 4.32%
- Neighbourhood Growth Rank: 10 out of 11 in Morinville
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about your municipal assessment - it's a snapshot from months ago, sometimes longer. It doesn't know what sold on your street last week. It doesn't adjust for the fact that Forest Glen house values have moved up 2.09% recently.
The HonestDoor Price is updated in real time using actual market activity. For houses, that's $375,113 right now. For condos, it's $211,455. These numbers reflect what's actually happening in the market today - not what a government office calculated last year.
If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check. Your tax assessment is a starting point. Your HonestDoor Price is where the conversation actually begins.
The So What - Thinking About Selling This Summer?
If you own a house in Forest Glen and you're eyeing a summer sale, here's the honest take. Values are holding and growing - that 3rd-place growth rank in Morinville is real. But 146 days on market means you need to go in with the right price from day one. Buyers here are negotiating, and they're not in a rush. Price sharp, price it close to that $367,000-$375,000 range, and you'll attract serious attention. Price it high hoping to negotiate down, and you'll be watching that "For Sale" sign collect dust well into fall.
If you own a condo and you're thinking about selling, this summer is a moment to be realistic. The predicted value is sliding against the recent average, and the growth rank puts Forest Glen condos near the bottom of the Morinville leaderboard right now. That doesn't mean you can't sell - it means pricing it right matters even more. Check your HonestDoor Price, compare it to nearby Grandin Park condos at $187,262, and know where you stand before you list.
Bottom line - Forest Glen is a solid neighbourhood with real upside on the house side. The data backs it up. Just go in with clear eyes, a current number, and a plan.
forest glen | morinville | 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.