Greenwood, Kingston - June 2026 Real Estate Report

Greenwood, Kingston: Your Neighbour Just Got a Price Update. Did You?

If you own a home in Greenwood and you're still relying on your last city assessment to know what your place is worth, you're flying blind. The market has moved. Here's the real picture, straight from the numbers.

The Vibe: What's Happening With Houses in Greenwood Right Now

Let's be honest - the house market in Greenwood is taking a breather. The average HonestDoor Price for a house sits at $726,901, up 2.03% from the previous period. But the predicted market value is currently tracking at $712,431, which is sliding below the 3-month moving average of $726,166. That's a -2.55% recent change. Not a crash, but a signal worth watching.

On the neighbourhood leaderboard, Greenwood houses rank 26 out of 45 in Kingston for growth. That puts us in the below-average tier right now. Not last place, but not leading the pack either.

• Average HonestDoor Price (Houses): $726,901
• Predicted Market Value: $712,431
• 3-Month Moving Average: $726,166
• Recent Value Change: -2.55%
• Growth Rank: 26 out of 45 neighbourhoods in Kingston
• Estimated Monthly Rent: $3,331
• Rental Yield: 5.22% - that's a strong return
• Airbnb Rank in Kingston: 16

That 5.22% rental yield is the number landlords should be circling. If you're holding a house in Greenwood as a rental, the income story is still solid even if the appreciation story has slowed down.

The Vibe: What's Happening With Condos in Greenwood Right Now

Condos are telling a different story. The average HonestDoor Price is $264,180, which is down 5.89% from the previous period. That's a real drop and worth paying attention to. However, the predicted market value of $280,726 is actually creeping up past the 3-month moving average of $278,851, with a recent change of +2.65%. So there's a split signal here - the broader average is softer, but the forward-looking prediction is nudging higher.

On the leaderboard, Greenwood condos rank 25 out of 44 in Kingston for growth. Again, below average, but the momentum in the predicted value suggests we might be finding a floor.

• Average HonestDoor Price (Condos): $264,180
• Predicted Market Value: $280,726
• 3-Month Moving Average: $278,851
• Recent Value Change: +2.65%
• Growth Rank: 25 out of 44 neighbourhoods in Kingston
• Estimated Monthly Rent: $1,507
• Rental Yield: 4.22% - moderate but respectable
• Airbnb Rank in Kingston: 41

For context, nearby Markers Acres condos are predicted at $266,944 - so Greenwood condos are actually holding a slight edge over that comparison. Cataraqui River East and Ravensview are both priced significantly higher, which tells us Greenwood is still one of the more accessible entry points in this part of Kingston.

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

Here's the thing about city assessments - they're snapshots from the past. By the time that number lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. It's the difference between checking yesterday's weather and stepping outside right now.

For Greenwood house owners, there's a $14,470 gap between the current HonestDoor Price of $726,901 and the predicted market value of $712,431. That gap matters if you're pricing a listing, refinancing, or just trying to understand your net worth. Your assessment won't show you that. HonestDoor does.

For condo owners, the HonestDoor Price of $264,180 versus a predicted value of $280,726 is actually an encouraging spread - it suggests the real-world forward value may be stronger than the recent average implies. That's the kind of nuance a static government number will never give you.

The So What: Should You Sell in Greenwood This Summer?

If you're a house owner thinking about listing this summer, the honest answer is - timing matters more than usual right now. Values are softening slightly on the short-term trend. But a 5.22% rental yield means buyers who are investors will still be interested. Price it right from day one and you won't be chasing the market down.

If you own a condo, the picture is a bit more cautious. A 5.89% drop in the HonestDoor Price is not something to ignore. That said, the predicted value is trending up, which could mean the worst of the dip is behind us. If you can wait a quarter and watch the 3-month average, that patience might pay off.

Either way, the move right now is to check your HonestDoor Price before you do anything else. Don't guess. Don't rely on what your neighbour sold for two years ago. Get the real number, then make the call.

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.