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      Forest Green, Stony Plain - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Stony Plain, Forest Green

      Forest Green, Stony Plain: Here's What Your Home Is Actually Worth Right Now

      If you've been glancing at your last property assessment and wondering if it still holds up, the short answer is: probably not. The market has moved. Here's the real picture for Forest Green homeowners heading into summer 2026.

      The Vibe: What's Happening on Our Streets

      Forest Green is a tale of two property types right now, and the story is pretty different depending on whether you own a house or a condo. Let's break it down.

      Houses: Steady, But Worth Watching

      Our houses are holding their ground, but there are a few signals worth paying attention to. The average sale price sits at $420,000, and listings are coming in around $425,000. That gap matters - buyers here are negotiating, and on average they're landing at about 98.82% of list price. Not a huge discount, but it tells you this is a buyer-friendly market right now, not a bidding war situation.

      • Average HonestDoor Price: $419,849 - up 2.65% from the previous period
      • Average sale price: $420,000
      • Current average list price: $425,000
      • Price per square foot: $394
      • Average days on market: 20 days
      • Sale-to-list ratio: 98.82%
      • Rental estimate: $2,176 per month
      • Rental yield: 5.81%
      • Airbnb estimate: $108 per night
      • Transactions in 2026: 15

      The 20-day average on market is actually a decent sign - we rank 10 out of 22 neighbourhoods in Stony Plain for speed of sale. Not the fastest, but solidly in the middle of the pack. Homes here are not sitting and collecting dust.

      One number to keep an eye on: the predicted market value for houses is $408,991, which is running below the 3-month moving average of $420,777. Values have dipped 5.46% recently. On the neighbourhood leaderboard for growth, Forest Green houses rank 33 out of 37 in Stony Plain. That puts us near the bottom of the growth rankings right now - which is exactly why checking your HonestDoor Price today matters more than waiting.

      The good news for landlords and investors: a 5.81% rental yield is genuinely strong. If you're renting out a house here, you're getting solid returns compared to a lot of other options in the area.

      Condos: A Quiet Bright Spot

      Condos in Forest Green tell a different story on the growth side. While the HonestDoor Price has dipped 5.17% to $209,282, the predicted market value sits at $220,700 and recent value change is essentially flat at 0.20%. More importantly, Forest Green condos rank 6 out of 32 neighbourhoods in Stony Plain for growth. That puts us near the top of the leaderboard - a fact most condo owners here probably don't know.

      • Average HonestDoor Price: $209,282 - down 5.17% from the previous period
      • Predicted market value: $220,700
      • Rental estimate: $1,148 per month
      • Rental yield: 4.29%
      • Airbnb estimate: $59 per night
      • Growth rank: 6 out of 32 neighbourhoods in Stony Plain

      A 4.29% rental yield on condos is moderate but respectable. And sitting in the top tier of Stony Plain's growth rankings means condo owners here are in a better position than most of their neighbours across town.

      The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment

      Here's the thing about your city assessment - it's a snapshot from months ago, sometimes longer. It doesn't know that house prices in Forest Green have shifted recently, or that the predicted value for houses is now running below the 3-month average. It's a static number in a moving market.

      The HonestDoor Price is updated in real time using actual transaction data. Right now, it's showing $419,849 for houses - up 2.65% from the previous period. That's the number a buyer or a bank is going to care about, not a government figure that was calculated before the market took its recent breather. If you're making any financial decision tied to your home's value - refinancing, selling, even just knowing where you stand - your HonestDoor Price is the real-world check you need.

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

      If you're a house owner in Forest Green and you're thinking about listing this summer, here's the honest take. The market is stable but it's leaning toward buyers right now. Homes are selling below list price, and the growth rank of 33 out of 37 tells you this isn't a neighbourhood where you can overprice and wait it out. Pricing sharp from day one is the move.

      The 20-day average on market is your friend - buyers are still active and Forest Green houses are moving at a reasonable pace. With 15 transactions already recorded in 2026 and a total transaction rank of 3 in Stony Plain, there is real buyer activity here. That's not nothing.

      For condo owners, the picture is actually more encouraging. A top-6 growth ranking in Stony Plain gives you a genuine selling point. If you've been sitting on the fence, summer is a reasonable time to test the market.

      Bottom line: check your HonestDoor Price before you do anything else. It takes two minutes and it'll tell you more about what your home is worth today than any assessment notice sitting in your filing cabinet.

      forest green | stony plain | october 2026

      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.

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      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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