Greenwood, Kingston - July 2026 Real Estate Report

Greenwood, Kingston: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you live on a quiet street in Greenwood and you have been wondering whether your neighbours are sitting on more equity than you think - the answer is probably yes. The numbers are moving, and not in a boring direction.

Houses: Steady and Holding Strong

The average HonestDoor Price for a house in Greenwood right now is $728,443. That is up 0.21% from the previous period, which tells us the market here is not crashing - it is holding its ground while a lot of other neighbourhoods are wobbling. The 3-month moving average sits at $723,470, and the predicted value is tracking at $726,901. That upward curve matters.

On the neighbourhood leaderboard, Greenwood houses rank 17 out of 44 comparable neighbourhoods in Kingston for growth. That puts us solidly in above-average territory - not flashy, but dependable. Think of it like finishing in the top 40% of your class. Nothing to apologize for.

• Average HonestDoor Price: $728,443 (up 0.21%)
• Predicted Market Value: $726,901
• 3-Month Moving Average: $723,470 (trending up)
• Recent Value Change: +2.03%
• Estimated Monthly Rent: $3,388
• Rental Yield: 5.19% - that is a strong return
• Airbnb Estimate: $168 per night
• Growth Rank: 17 out of 44 in Kingston

That 5.19% rental yield is the number landlords in this city dream about. It means if you own a house in Greenwood and you are renting it out, your money is working harder than most. For context, Markers Acres houses are priced around $490,833 and Cataraqui River East sits at $679,130 - both cheaper than Greenwood. Ravensview is the premium option at $1,122,929, but we are not chasing that market. We are the smart middle ground.

Condos: A Split Story

Here is where we have to be straight with you. The condo picture in Greenwood is more complicated. The average HonestDoor Price for a condo is $293,647, which is actually up 11.15% from the previous period - a big jump. But the predicted value is currently sitting at $264,180, which is below the 3-month moving average of $272,798. Values have dipped 5.89% recently.

On the leaderboard, Greenwood condos rank 37 out of 44 in Kingston for growth. That puts condo owners in the bottom performers category right now. It does not mean panic - it means pay attention.

• Average HonestDoor Price: $293,647 (up 11.15% from previous period)
• Predicted Market Value: $264,180
• 3-Month Moving Average: $272,798 (trending down)
• Recent Value Change: -5.89%
• Estimated Monthly Rent: $1,579
• Rental Yield: 4.24% - moderate but not exceptional
• Airbnb Estimate: $79 per night
• Growth Rank: 37 out of 44 in Kingston

The gap between the HonestDoor Price and the predicted value is the thing to watch here. If you own a condo in Greenwood, now is the time to get a clear-eyed read on where your unit actually stands - not where it stood six months ago.

The Secret Sauce: Why Your HonestDoor Price Beats the Tax Assessment

Here is the thing about your city assessment - it is a snapshot from the past. The city looks at sales data that can be a year or more old, runs it through a formula, and mails you a number. That number is not what your home is worth today. It is what a bureaucrat calculated your home was worth back then.

The HonestDoor Price is updated in real time. It pulls from current sales, current market signals, and current trends in your specific neighbourhood. For Greenwood house owners, that means the $728,443 average reflects what is actually happening on your street right now - not what happened before interest rates moved, before that new development broke ground, before your neighbour sold last month.

If your tax assessment says one thing and your HonestDoor Price says another, the HonestDoor Price is the real-world check. Use it before you price, before you negotiate, and before you assume you know what you have.

The So What - Thinking About Selling This Summer?

For house owners in Greenwood, the timing is not bad. Values are up 2.03% recently, the rental demand is strong at $3,388 per month, and you are sitting in the top half of Kingston neighbourhoods for growth. Buyers looking at Cataraqui River East or Markers Acres as cheaper alternatives will still cross-shop Greenwood - and your price point is competitive without being out of reach.

For condo owners, summer 2025 requires a sharper strategy. The recent dip in predicted values means you do not want to overprice and sit. A condo that lingers on the market in a softening segment loses leverage fast. Get your HonestDoor Price, price it honestly, and move with confidence rather than hope.

Bottom line - Greenwood is not a neighbourhood you leave money on the table in. Check your HonestDoor Price today, compare it to what the city thinks your home is worth, and you will have a much clearer picture of what this summer could actually put in your pocket.

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.