Forest Green, Stony Plain - August 2026 Real Estate Report

Forest Green, Stony Plain: Your Neighbours Are Watching This Market Closely - You Should Too

The Vibe Right Now

If you live on a quiet street in Forest Green and you have been wondering whether your home is worth more than it was a year ago, the short answer is yes - and the numbers back it up. This neighbourhood is not making headlines, but it is quietly doing the right things. Prices are holding, buyers are still showing up, and the rental numbers are genuinely strong. Here is the breakdown by property type.

Houses: Steady, Sellable, and Above Average

The average HonestDoor Price for a house in Forest Green sits at $432,598 - up 2.82% from the previous period. That is real money. On the recent sales side, the average sale price came in at $420,000, with active listings averaging $425,000 right now. Homes are selling at 98.82% of list price, which tells us buyers are engaged but not desperate. That is a healthy, stable market - not a frenzy, not a freeze.

The average days on market is 20 days. That is a moderately fast pace, ranking 11th out of 23 comparable neighbourhoods in Stony Plain. Homes are not sitting. They are moving.

• Average HonestDoor Price (Houses): $432,598
• Recent price change: up 2.82%
• Average sale price: $420,000
• Current average list price: $425,000
• Price per square foot: $394
• Sale-to-list ratio: 98.82%
• Average days on market: 20 days
• Predicted market value: $420,743
• Rental yield: 5.79%
• Estimated monthly rent: $2,179

That 5.79% rental yield is worth pausing on. For anyone thinking about holding a Forest Green house as a rental, that return is strong. The estimated rent of $2,179 per month is not a guess - it is based on real comparable data in the area.

On the neighbourhood leaderboard, Forest Green houses rank 9th out of 39 neighbourhoods in Stony Plain for growth rate. That puts us firmly in the above-average tier. Not the flashiest number on the board, but consistent and reliable - which is exactly what long-term homeowners want to see.

Condos: The Quiet Overachiever

Here is the stat that should turn heads. Forest Green condos rank 1st out of 33 neighbourhoods in Stony Plain for growth rate. First. That is not a typo. The average HonestDoor Price for a condo here is $220,264, and while it dipped slightly by 0.70% from the previous period, the predicted market value of $221,818 is actually climbing above the 3-month moving average of $209,661. The momentum is pointing up.

• Average HonestDoor Price (Condos): $220,264
• Recent price change: down 0.70%
• Predicted market value: $221,818
• 3-month moving average: $209,661
• Recent value change: up 4.01%
• Estimated monthly rent: $1,213
• Rental yield: 4.31%
• Growth rank: 1st out of 33 in Stony Plain

A 4.01% recent value change combined with a top growth ranking tells us this condo segment is gaining traction. If you own a condo in Forest Green, you are sitting in the best-performing condo neighbourhood in Stony Plain right now. That is worth knowing.

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

Here is the thing about your city assessment - it is a snapshot from the past. It is calculated using data that can be 12 to 18 months old by the time it lands in your mailbox. A lot can change in that time, and in Forest Green, it has.

The HonestDoor Price is updated in real time using current sales, active listings, and market trends specific to your neighbourhood. For houses, that means a current read of $432,598 - not a number pulled from last year's slow market. For condos, it means seeing that $221,818 predicted value climbing above recent averages, even when the raw assessment might not reflect that yet.

If you are making any financial decision - refinancing, selling, buying out a partner, or just figuring out your net worth - the HonestDoor Price is the number to use. It is the real-world check that your tax notice simply cannot give you.

So What Does This Mean If You Are Thinking About Selling This Summer?

Honestly? The timing is decent. Here is why.

Forest Green had 12 property transactions in 2026, which ranks 3rd in total transactions across all of Stony Plain. That means buyers know this neighbourhood. It is not a hidden gem that needs explaining - it is an established address with real demand.

Houses are selling in 20 days on average and closing at 98.82% of list price. That means if you price it right, you are not going to be sitting on the market watching the calendar. Buyers are making real offers close to asking.

For condo owners, the growth ranking of 1st in Stony Plain is a genuine selling point. You can walk into a conversation with a buyer and point to data showing your neighbourhood is outperforming 32 others on growth. That is a real edge.

The move right now is simple - check your HonestDoor Price, compare it to what similar homes are listing for, and have a conversation before the summer market gets crowded. The window is open. The question is whether you use it.

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.