Henderson Estates, Edmonton - July 2026 Real Estate Report

Henderson Estates, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a home in Henderson Estates and you have not checked your HonestDoor Price lately, you are probably sitting on more equity than your last tax assessment is telling you. Here is the real picture.

The Vibe: What Is Actually Happening in Our Neighbourhood

Henderson Estates is one of Edmonton's pricier pockets - ranked 22nd out of 285 neighbourhoods for house prices. That is not a fluke. We are talking about a community where 599 properties were assessed this year and houses are still selling in an average of 8 days. For context, that earns us a days-on-market rank of 7th out of 103 neighbourhoods in the city. Properties here do not sit.

The story splits pretty clearly between houses and condos right now, so let us break both down.

Houses: Fast Sales, But Watch the Price Trend

The headline number is that houses sold for 103.72% of list price on average. Buyers are still paying over asking. That is a sellers' signal. But the average sale price came in at $735,000 this month, which is down 33.3% from last month. Only 2 sales closed, so that swing is more about a thin sample than a market collapse. Think of it as the market taking a breather, not falling off a cliff.

• Average sale price: $735,000
• Average list price this month: $699,000
• Price per square foot: $450
• Average days on market: 8 days (faster than nearby Rhatigan Ridge at 10 days)
• Sale-to-list ratio: 103.72%
• Predicted market value: $864,465
• 3-month moving average: $853,030 (values are trending up)
• Estimated monthly rent: $3,788
• Rental yield: 4.96%
• Recent value change: 0.93%
• Growth rank: 99th out of 302 neighbourhoods - above average in Edmonton

The predicted value of $864,465 is climbing above the 3-month average of $853,030. That upward direction matters if you are thinking about timing a sale.

Condos: A Softer Story Right Now

We will be straight with you - the condo side of Henderson Estates is not firing on all cylinders at the moment. The average HonestDoor Price for condos sits at $398,936, which is down 0.18% from the previous period. The predicted market value of $399,659 is also slipping below the 3-month moving average of $410,658. That is a trend worth watching.

• Average HonestDoor Price: $398,936 (down 0.18%)
• Predicted market value: $399,659
• 3-month moving average: $410,658 (values are trending down)
• Recent value change: -7.08%
• Growth rank: 271st out of 296 - bottom of the pack in Edmonton
• Estimated monthly rent: $2,085
• Rental yield: 4.03%
• Airbnb estimate: $104 per night

For comparison, nearby Rhatigan Ridge condos are predicted at $374,967, so Henderson Estates condos are still holding a price advantage over that neighbour. But the -7.08% recent change is a number condo owners here should not ignore.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city assessment. It is calculated once a year using data that is already months old by the time it lands in your mailbox. The average assessed value in Henderson Estates is $806,216. Your HonestDoor Price is $881,945. That is a gap of roughly $75,729 - or 9.39% more value than the city is giving you credit for.

That gap is not an accident. The HonestDoor Price updates in real time using actual market activity. It reflects what buyers are paying right now, not what the city estimated based on last year's numbers. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is your real-world check against a static government number.

• Average city assessment: $806,216
• Average HonestDoor Price: $881,945
• Difference: $75,729 more than the city says you are worth
• HonestDoor Price change from previous period: up 2.02%
• Henderson Estates ranks 21st in Edmonton for average assessed value

The So What: Should You Sell This Summer?

If you own a house in Henderson Estates, the case for listing this summer is real. Homes are selling in 8 days. Buyers are paying over list price. Your HonestDoor Price is up 2.02% and sitting nearly $76,000 above what the city assessed you at. The predicted value of $864,465 is trending upward. That is a combination that does not come around every season.

The rental market also gives you a solid backup plan. At $3,846 per month in average rental income and a 4.96% yield on houses, holding the property as an investment is not a bad option either. And if short-term rentals are on your radar, Henderson Estates ranks 47th in Edmonton for Airbnb potential at $191 per night.

If you own a condo here, the picture is more cautious. With values trending down and a growth rank of 271st out of 296, waiting for a stronger market signal before listing makes sense. Keep an eye on your HonestDoor Price over the next 60 to 90 days and watch whether that 3-month moving average starts to recover.

Bottom line - Henderson Estates is still one of Edmonton's stronger addresses. For house owners, this summer looks like a window worth taking seriously.

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.