Graves Street, St. John's - October 2026 Real Estate Report
Graves Street, St. John's: Here's What Your Home Is Actually Worth Right Now
The Vibe on the Street
If you live on Graves Street and you haven't checked your HonestDoor Price lately, now is the time to look. The market here is sending two different signals depending on what you own - and knowing which one applies to you could change what you do next.
Houses: Taking a Breather
Let's be straight with you. House values on Graves Street are dipping. The average HonestDoor Price sits at $245,911, down about 1% from the previous period. The 3-month moving average is $250,790, and the predicted value is tracking at $248,378 - so we're seeing a soft downward trend, not a cliff.
What does that mean for us as homeowners here? It means the window for peak pricing on houses may have passed for now. The market is cooling off, not crashing. There's a difference.
- Average HonestDoor Price (Houses): $245,911
- Recent price change: -1.12%
- 3-month moving average: $250,790
- Neighbourhood growth rank: 36 out of 91 in St. John's - above average
- Average rental estimate: $1,320 per month
- Rental yield: 6.03% - that is a strong return
- Airbnb estimate: $66 per night (ranked 92nd in St. John's)
That 6.03% rental yield is the number worth paying attention to. If selling feels uncertain right now, renting is a genuinely solid backup plan. Neighbours on Liverpool Avenue, Wishingwell Road, and Adams Avenue are all priced higher - $271,636, $325,376, and $305,734 respectively - so Graves Street houses offer real value for buyers coming in from those streets.
Condos: A Different Story Entirely
Condo owners on Graves Street, this one's for you. While houses are softening, condos are moving in the opposite direction. The predicted market value is $398,550, which is actually up from the 3-month moving average of $375,217. That is a 6.91% recent change - and it is pointing up.
- Average HonestDoor Price (Condos): $375,250
- Recent price change: +6.91%
- 3-month moving average: $375,217
- Predicted market value: $398,550
- Neighbourhood growth rank: 46 out of 92 in St. John's - above average
- Average rental estimate: $1,920 per month
- Rental yield: 4.01% - moderate but steady
- Airbnb estimate: $95 per night (ranked 46th in St. John's)
Compared to nearby Liverpool Avenue ($409,049) and Wishingwell Road ($431,693), Graves Street condos are still priced below the competition. That gap could close. Condo owners here are sitting in a decent spot right now.
The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment
Here is the thing about government assessments - they are snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price updates in real time, pulling in actual sales data and current market signals. It is the difference between checking yesterday's weather and looking out the window right now.
For Graves Street homeowners, this matters because the gap between your assessed value and your actual market value could be significant - especially for condo owners seeing a 6.91% recent swing. If you are making any financial decision based on your property - refinancing, selling, even just knowing your net worth - use the HonestDoor Price as your real-world check, not the city's static number.
So What Does This Mean If You're Thinking About Selling This Summer?
House owners: do not wait too long. The trend is softening and the 3-month average confirms it. If you have been on the fence, this summer is a better window than next spring if that slide continues. You are still ranked 36 out of 91 neighbourhoods in St. John's for growth - that is a story worth telling buyers.
Condo owners: you have a bit more runway. Values are climbing, the predicted price is ahead of the moving average, and you are sitting above the halfway mark on the neighbourhood leaderboard at 46 out of 92. A summer listing puts you in front of buyers who got priced out of Liverpool Avenue and Wishingwell Road.
Either way, the smartest first move is the same - check your HonestDoor Price today, not six months from now when the market has already told you what it thinks.
graves street | st. johns | 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.