Franklin, Calgary - July 2026 Real Estate Report

Franklin, Calgary: Your Neighbour Just Got a Raise. Did You?

If you own a house in Franklin and you haven't checked your property value lately, you're leaving real money on the table. The numbers are moving in your favour right now - and the city's tax assessment is almost certainly not keeping up.

The Vibe: What's Actually Happening in Franklin

Houses - The Strong Story

We're in a good spot if you own a house here. The average HonestDoor Price for a Franklin house sits at $691,967, up 4.27% from the previous period. The predicted market value is $663,646, and that number is climbing - it's already up from the 3-month moving average of $637,125. That's a clear upward trend, not a blip.

The growth rank is where it gets really interesting for us. Franklin houses rank 12th out of 233 neighbourhoods in Calgary for growth. That puts us in the top 5% of the entire city. That's not a slow burn - that's a neighbourhood on the move.

• Average HonestDoor Price: $691,967
• Recent price change: up 4.51%
• Predicted market value: $663,646
• 3-month moving average: $637,125 (and rising)
• Average rental estimate: $3,135 per month
• Rental yield: 5.39% - that's a strong return
• Airbnb estimate: $156 per night
• Growth rank: 12 out of 233 Calgary neighbourhoods

For context, our closest neighbour Meridian has houses averaging over $1,041,284 - so there's a real argument that Franklin still has room to run. On the other side, Marlborough sits at $518,971 and Forest Heights at $443,151. We're the middle ground that's actually moving fastest.

Condos - A More Honest Picture

We'll be straight with you here. The condo story in Franklin is quieter. The average HonestDoor Price for a condo is $294,000, up a modest 0.89%. The predicted market value is $291,408, which is slightly above the 3-month moving average of $290,540 - so values are holding, but just barely moving forward.

The growth rank tells the real story: condos here sit at 173rd out of 216 neighbourhoods in Calgary. That puts Franklin condos in the bottom tier for growth right now. The market is taking a breather on this property type.

• Average HonestDoor Price: $294,000
• Recent price change: -2.11%
• Predicted market value: $291,408
• 3-month moving average: $290,540
• Average rental estimate: $1,582 per month
• Rental yield: 4.21% - moderate, not spectacular
• Airbnb estimate: $79 per night
• Growth rank: 173 out of 216 Calgary neighbourhoods

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

Here's the thing about city assessments - they're a snapshot from months ago, sometimes longer. By the time that number lands in your mailbox, the market has already moved. For Franklin house owners, that gap could mean your home is worth significantly more than what the city says on paper.

The HonestDoor Price is updated in real time. It's pulling from actual market activity, recent sales, and current trends - not a bureaucratic calendar. With Franklin houses up over 4% recently and sitting in the top 12 neighbourhoods in Calgary for growth, the difference between your assessment and your real-world value could be substantial.

Think of the HonestDoor Price as the number a serious buyer would actually talk about - not the number the city uses to calculate your tax bill. If you're making any financial decision tied to your home's value, that's the number you want in your hand first.

The So What - Thinking About Selling This Summer?

If you own a house in Franklin and selling has crossed your mind, this summer is worth taking seriously. You're sitting in a top-12 growth neighbourhood in Calgary. Buyers looking at Meridian - where prices average over a million dollars - are going to look at Franklin as the smarter entry point. That price gap is your leverage.

The rental yield of 5.39% also means investors are paying attention. A home that can generate over $3,100 a month in rent is attractive to a buyer pool beyond just families looking to move in. That widens your market.

For condo owners, the honest advice is to watch and wait a little longer. With a growth rank of 173 out of 216 and a recent value dip of 2.11%, this isn't the peak moment to list. Hold tight, keep an eye on your HonestDoor Price for movement, and let the house market in the neighbourhood do some of the heavy lifting on overall perception of Franklin first.

Bottom line - check your HonestDoor Price today. Not next month. The market doesn't wait for anyone, and right now, it's working in Franklin's favour.

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.