Forest Knolls, Langley - July 2026 Real Estate Report

Forest Knolls Is Langley's Priciest Neighbourhood - But Is It Still Worth Holding?

If you live in Forest Knolls and you haven't checked your home's value lately, now is the time to pay attention. The numbers tell an interesting story - one that your annual tax assessment is definitely not telling you.

The Vibe: What's Actually Happening on Our Streets

Let's be straight with each other. Forest Knolls sits at the top of the Langley price ladder, but the market is taking a breather right now. Here's how houses and condos are each doing their own thing:

Houses

• Average HonestDoor Price: $2,265,773
• Average assessed value: $2,192,840 - the HonestDoor Price runs 3.33% higher
• Predicted market value: $2,283,889 - trending up from the 3-month average of $2,270,900
• Average sale price: $3,400,000 (price per square foot around $1,410)
• Estimated monthly rent: $7,281 with a rental yield of 3.89%
• Airbnb potential: $362 per month
• Recent value change: -0.41%
• Growth rank: 15 out of 17 neighbourhoods in Langley
• Price rank: 1 out of 16 - we are the most expensive in Langley
• Properties assessed this year: 505

We hold the crown for price in Langley, but our growth rank of 15 out of 17 means we are near the bottom of the leaderboard when it comes to momentum right now. That gap between the $2.26M HonestDoor Price and the $3.4M average sale price also tells us that when houses here do sell, they sell big - but transactions are thin, with only 1 sale recorded in 2026 so far.

Condos

• Average HonestDoor Price: $719,452 - down 3.92% from the previous period
• Predicted market value: $748,838 - up from the 3-month average of $721,222
• Estimated monthly rent: $3,438 with a rental yield of 3.37%
• Airbnb potential: $170 per month
• Recent value change: +4.82%
• Airbnb rank in Langley: 3rd
• Growth rank: 3 out of 16 neighbourhoods - top performers in Langley

Here is the plot twist. While our houses are cooling, our condos are quietly climbing the leaderboard. A growth rank of 3 out of 16 puts Forest Knolls condos among the strongest performers in all of Langley right now. The predicted value of $748,838 is already ahead of nearby Milner ($604,466) and closing in on Fort Langley ($832,352). If you own a condo here, that 4.82% recent gain is worth paying attention to.

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

Your BC Assessment notice arrives once a year and reflects a snapshot from July 1 of the previous year. By the time it lands in your mailbox, it is already old news. The HonestDoor Price updates in real time, pulling from actual market activity as it happens.

For Forest Knolls houses, the HonestDoor Price of $2,265,773 is already running $72,933 higher than the average assessed value of $2,192,840. That is a 3.33% gap - and that gap is money that your assessment is leaving on the table. If you are making any financial decision based on your assessed value alone - whether that is a refinance, an estate plan, or a sale price conversation - you are working with a number that does not reflect today's market.

Think of the HonestDoor Price as the real-world check. It is what the market thinks your home is worth right now, not what a government formula calculated 12 months ago.

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

Here is the honest take for anyone considering a move in the next few months.

On the house side, Forest Knolls is still Langley's most expensive neighbourhood - that is not changing. But with a growth rank of 15 out of 17 and only 1 transaction recorded so far in 2026, this is a thin market. Thin markets can work in a seller's favour when the right buyer shows up, but you need to price sharp and present well. The neighbourhood growth rate dipped 0.02% year over year, so waiting for a big price surge may not be the best strategy right now.

On the condo side, the story is different. A 4.82% recent gain and a top-3 growth rank in Langley means condo sellers here have some real wind at their backs heading into summer. The predicted value of $748,838 is trending up, and rental demand at $3,438 per month gives buyers a compelling income story too.

• Best move for house owners: Get your HonestDoor Price now and use it as your baseline for any listing conversation - not your assessment.
• Best move for condo owners: The growth momentum is real. If you have been thinking about selling, this summer window looks favourable.
• Staying put? Your Airbnb rank of 1 in Langley for houses means short-term rental income here is the strongest in the city - worth exploring if your property qualifies.

Forest Knolls is not a neighbourhood that moves fast - it moves expensive. Know your real number before you make any decision.

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.