Graves Street, St. John's - September 2026 Real Estate Report

Graves Street, St. John's: What Your Home Is Actually Worth Right Now

The Vibe on the Street

If you own on Graves Street, here is the honest picture. The market is split right now - and which side you are on depends entirely on what type of property you hold.

Houses: Taking a Breather

House values on Graves Street are softening. The average HonestDoor Price sits at $248,378, down 1.12% from the previous period. The 3-month moving average is $256,017, and the predicted value has dipped to $251,184. That gap tells us the downward pressure is real, not a blip.

On the neighbourhood leaderboard, our houses rank 75 out of 92 comparable St. John's neighbourhoods for growth. That puts us in the bottom tier right now. Neighbours on Liverpool Avenue ($274,105), Wishingwell Road ($319,590), and Adams Avenue ($306,204) are all priced higher. If you are a house owner watching those streets, the gap is worth paying attention to.

The silver lining? Rental demand is holding up. At $1,331 per month average rent and a 6.03% rental yield, houses here are generating strong returns for landlords. That is not a number to ignore if you are considering holding rather than selling.

• Average HonestDoor Price (Houses): $248,378
• Recent price change: -1.12%
• 3-month moving average: $256,017
• Average rental estimate: $1,331/month
• Rental yield: 6.03%
• Airbnb estimate: $66/night
• Growth rank: 75 out of 92 in St. John's

Condos: A Different Story Entirely

Condo owners on Graves Street are sitting in a much better spot. The average HonestDoor Price jumped 6.91% to $398,550. The predicted value is $372,800, and it is climbing - up from a 3-month moving average of $326,183. That is real upward momentum.

On the leaderboard, condos here rank 33 out of 92 St. John's neighbourhoods. That puts us solidly above average. We are still slightly behind Wishingwell Road ($431,693) and Liverpool Avenue ($409,049) on price, but the growth trajectory is pointing in the right direction. Adams Avenue condos are in a different league at $715,083 - that is a different buyer pool entirely.

Rental income for condos averages $2,030 per month with a 4.04% yield - moderate but respectable. The Airbnb rank of 44 out of 92 suggests decent short-term rental potential too, at around $100 per night.

• Average HonestDoor Price (Condos): $398,550
• Recent price change: +6.91%
• 3-month moving average: $326,183
• Average rental estimate: $2,030/month
• Rental yield: 4.04%
• Airbnb estimate: $100/night
• Growth rank: 33 out of 92 in St. John's

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

Here is the thing about government assessments - they are snapshots from the past. By the time the city mails yours out, the data behind it can be 12 to 18 months old. A lot moves in that time.

The HonestDoor Price is updated in real time using current sales activity, market trends, and comparable properties. For condo owners on Graves Street, that means your assessment almost certainly does not reflect a 6.91% price increase. For house owners, it means you can see the softening happening now - not next year when the assessment finally catches up.

Knowing your real-world number today means you make decisions based on what the market is actually doing, not what it was doing when someone last checked.

The So What - Thinking About Selling This Summer?

For house owners, the honest advice is this: do not wait and hope for a rebound that has not shown up yet. A growth rank of 75 out of 92 means we are underperforming most of the city right now. If you need to sell, price it sharp and lean into that 6.03% rental yield story for investor buyers - that is a genuine selling point.

For condo owners, summer could be good timing. A 5.22% recent price change and a rising predicted value means momentum is on your side. You are above average in the city growth rankings and buyers looking at Wishingwell Road or Liverpool Avenue may find Graves Street condos look like solid value by comparison.

Either way - check your HonestDoor Price before you call an agent. Walk into that conversation knowing your number, not guessing at it.

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.