Franklin, Calgary - October 2026 Real Estate Report
Franklin, Calgary: Your House Is Doing Better Than You Think
If you've been watching the "For Sale" signs in Franklin and wondering what your place is actually worth right now - here's the real picture. The numbers are more interesting than your last tax assessment would have you believe.
The Vibe: Houses vs. Condos
Houses and condos are telling two very different stories in Franklin right now, and if you own one, you need to know which story is yours.
On the house side, we are sitting in a strong spot. The predicted market value for a Franklin house is $753,330, and that number is climbing - up from a 3-month moving average of $719,658. That is real momentum. House growth in Franklin ranks 3rd out of 221 Calgary neighbourhoods. That is not a typo. Third. We are near the top of the Calgary leaderboard right now, with a 5.56% recent change in property values. The average HonestDoor Price sits at $746,530, and rental income potential is strong at $3,234 per month with a 5.25% rental yield. If you own a house in Franklin, this is a good moment to pay attention.
Condos are a different conversation. The predicted condo value is $283,512, which is actually dipping slightly below the 3-month moving average of $289,668. Recent condo value change sits at -2.74%, and the growth rank is 157th out of 207 comparable neighbourhoods - below average for Calgary. The average HonestDoor Price for condos is $287,268, up 1.32% from the previous period, which is a small bright spot. Rental yield comes in at 4.23% - moderate, but still generating income. Condo owners, the market is taking a breather. Not a freefall, just a pause.
- House HonestDoor Price: $746,530 (down 0.90% from last period)
- House predicted value: $753,330 (up from $719,658 three-month average)
- House rental estimate: $3,234 per month
- House rental yield: 5.25%
- House growth rank: 3rd out of 221 Calgary neighbourhoods
- Condo HonestDoor Price: $287,268 (up 1.32% from last period)
- Condo predicted value: $283,512 (down from $289,668 three-month average)
- Condo rental estimate: $1,548 per month
- Condo rental yield: 4.23%
- Condo growth rank: 157th out of 207 Calgary neighbourhoods
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 months ago, built on broad formulas that do not care about your specific street, your renovated kitchen, or what Franklin houses actually sold for last month. It is already old news by the time it lands in your mailbox.
The HonestDoor Price is a real-world check updated in real time. For Franklin house owners, that number is $746,530 right now - and the predicted value is already nudging higher at $753,330. That gap between what the city thinks your home is worth and what a buyer would actually pay today? That is money left on the table if you are not looking at current data.
Nearby, Meridian houses are averaging $976,076 and Marlborough sits at $509,364. Franklin is priced above Marlborough and Forest Heights ($428,163), which tells us we are not the cheapest option in the area - and with that top-3 growth rank, we are earning that price difference.
The So What: Thinking About Selling This Summer?
If you own a house in Franklin and selling has crossed your mind, the data is giving you a green light to at least have the conversation. A top-3 growth rank in Calgary, a predicted value trending upward, and strong rental demand all point to a market that is working in a seller's favour right now. Waiting for your next annual assessment to figure out your home's value means waiting months for a number that is already behind the curve.
For condo owners, patience is the word. The market is not collapsing - a 4.23% rental yield means your asset is still generating real returns - but this is probably not the moment to rush a sale. Watch the 3-month trend and check your HonestDoor Price regularly. When that predicted value starts climbing back above the moving average, that is your signal.
Bottom line - Franklin house owners are in a genuinely strong position heading into summer. Check your HonestDoor Price today, because your city assessment almost certainly does not reflect what is actually happening on your street right now.
franklin | calgary | 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.