Gurnett, Hamilton - July 2026 Real Estate Report

Gurnett, Hamilton: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs in Gurnett, here's what's actually happening. The market is sending two very different signals depending on whether you own a house or a condo - and knowing which camp you're in could change what you do next.

Houses: Steady, Not Spectacular

Houses in Gurnett are holding their ground. The average HonestDoor Price sits at $881,890, down a slim 0.96% from last period. That's not a drop - that's a market catching its breath. Recent sales averaged $637,500, with active listings sitting at $662,450. Buyers are getting deals too - homes are selling at 96.26% of list price, meaning sellers are leaving a bit on the table to get things done.

• Average HonestDoor Price: $881,890
• Recent average sale price: $637,500
• Average list price this month: $662,450
• Price per square foot: $508
• Average days on market: 24
• Sale-to-list ratio: 96.26%
• Predicted market value: $890,417
• 3-month moving average: $884,283
• Rental estimate: $3,860/month
• Rental yield: 4.90%
• Airbnb estimate: $192/night

On the neighbourhood leaderboard, Gurnett houses rank 94 out of 203 for growth in Hamilton - that puts us in the above-average tier. Days on market rank is 17 out of 45, meaning homes here move moderately fast compared to the rest of the city. Price rank is 48 out of 69, so we're not the cheapest street on the block, but we're not the priciest either.

For landlords or anyone thinking about renting out, a 4.90% rental yield is a solid, moderate return. At $3,860/month in estimated rent, Gurnett houses are pulling real income.

Condos: The Quiet Outperformer

Here's where it gets interesting. Condo owners in Gurnett should be paying close attention. The average HonestDoor Price for condos jumped 4.15% to $547,737. The predicted market value is $525,930, up from a 3-month moving average of $506,042. That's a clear upward trend, not a blip.

• Average HonestDoor Price: $547,737 (up 4.15%)
• Predicted market value: $525,930
• 3-month moving average: $506,042
• Rental estimate: $2,731/month
• Rental yield: 3.79%
• Airbnb estimate: $136/night
• Recent value change: 10.28%

On the neighbourhood leaderboard, Gurnett condos rank 20 out of 194 for growth in Hamilton. That puts us in the top tier of the city. Compared to nearby Gilkson ($498,362) and Fessenden ($446,753), Gurnett condos are outpricing the competition - and the gap is growing.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here's the thing about your city assessment - it's a snapshot from the past. The city runs its numbers on a fixed cycle, and by the time that letter hits 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.

For Gurnett house owners, the HonestDoor Price of $881,890 is significantly higher than the recent average sale price of $637,500. That gap matters. It tells you where the market is trending, not where it was. If you're making any financial decision - refinancing, selling, even just knowing your net worth - the HonestDoor Price is the real-world check you need, not a government number that could be years out of date.

For condo owners, a 10.28% recent value change is the kind of number your tax assessment will never catch in time. Check your HonestDoor Price now, before the city gets around to it.

The "So What?" - Thinking About Selling This Summer?

For house sellers, the honest answer is: it's a stable market, not a feeding frenzy. Buyers are negotiating - that 96.26% sale-to-list ratio proves it. If you price sharp and present well, 24 days to a deal is very achievable. Price too high and you'll sit. The predicted value of $890,417 is your ceiling to aim for, not your starting point for wishful thinking.

For condo sellers, the timing looks better. A 4.15% price increase, a top-20 growth rank in Hamilton, and rising predicted values all point in the same direction. If you've been waiting for a good window, this summer is worth a serious conversation.

Either way, the first step is the same - pull your HonestDoor Price, compare it to what's actually selling nearby, and go in with real numbers. That's how neighbours in Gurnett make smart moves.

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.