Greenhill, Peterborough - October 2026 Real Estate Report
Greenhill, Peterborough: Your Home Is Worth More Than Your Tax Bill Says
The Vibe Right Now
If you've been watching the "For Sale" signs in Greenhill lately, here's what's actually happening. The market is taking a breather - but it's not falling apart. Houses are holding strong, condos are a different story, and if you're relying on your city assessment to know what your place is worth, you're working with old information.
Houses in Greenhill - Steady Wins the Race
The average HonestDoor Price for a house in Greenhill sits at $630,107. That's down a slim 0.75% from last period - barely a blip. The predicted market value is $634,896, which is actually climbing past the 3-month moving average of $629,422. That's a good sign. The trend is pointing up, even if the recent change shows a small dip of -0.48%.
- Average HonestDoor Price: $630,107
- Predicted Market Value: $634,896
- 3-Month Moving Average: $629,422
- Average Rental Estimate: $3,001 per month
- Rental Yield: 5.39% - that's a strong return
- Airbnb Estimate: $149 per night
- Growth Rank: 9 out of 24 neighbourhoods in Peterborough - above average
On the neighbourhood leaderboard, Greenhill houses rank 9th out of 24 comparable areas in Peterborough. That puts us solidly in the upper half of the city. We're priced above Kawartha ($539,339 predicted value) and just a touch below Lansdowne ($638,925). We're not the cheapest option, and we're not the priciest - we're the sweet spot.
For landlords, a 5.39% rental yield is genuinely strong. At $3,001 per month in estimated rent, a Greenhill house is pulling real income. That matters when you're deciding whether to sell or hold.
Condos in Greenhill - Read This Before You List
Condos are a different picture, and we're not going to sugarcoat it. The average HonestDoor Price is $422,426, down 5.65% from last period. The predicted market value of $447,723 is also sliding below the 3-month moving average of $453,648. The market is cooling for condos right now.
- Average HonestDoor Price: $422,426
- Predicted Market Value: $447,723
- 3-Month Moving Average: $453,648
- Average Rental Estimate: $2,160 per month
- Rental Yield: 3.93% - moderate
- Airbnb Estimate: $107 per night
- Growth Rank: 8 out of 22 neighbourhoods in Peterborough - above average
Here's the thing though - even with the price dip, Greenhill condos still rank 8th out of 22 comparable neighbourhoods in Peterborough. Above average on the leaderboard. And we're cheaper than Kawartha ($494,179), Lansdowne ($601,364), and Jackson Creek ($440,492). If you're a buyer, Greenhill condos are the most affordable option in this cluster right now. If you're a seller, timing matters more than it did six months ago.
The Secret Sauce - Why Your HonestDoor Price Is the Number That Actually Matters
Your city tax assessment is a snapshot from the past. It gets updated on a schedule, not in real time. The HonestDoor Price is a live estimate - it moves with the market, not with the city's calendar. Right now, with house values predicted at $634,896 and condos at $447,723, the gap between what the city thinks your home is worth and what a buyer would actually pay can be significant. That gap is money left on the table, or money you're overpaying in taxes. Either way, you want to know the real number - and that's exactly what the HonestDoor Price gives you.
So What Does This Mean If You're Thinking About Selling This Summer?
For house owners - this summer is not a bad time to move. Values are holding, the predicted price is trending above the moving average, and a 5.39% rental yield means buyers with investment goals are paying attention to Greenhill. You have leverage. Use it.
For condo owners - be strategic. A 5.65% drop is real, and the predicted value is sliding. That doesn't mean don't sell - it means price it right from day one. An overpriced condo in a softening market sits. A well-priced one moves. Check your HonestDoor Price, not last year's assessment, before you set your number.
For everyone - Greenhill is above average in Peterborough on the growth leaderboard for both property types. This is not a neighbourhood in decline. It's a neighbourhood catching its breath. The fundamentals are solid, the rental demand is real, and the buyers are still out there. Know your number, price with confidence, and don't let a stale tax assessment be your guide.
greenhill | peterborough | 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.