Henderson Estates, Edmonton - September 2026 Real Estate Report

Henderson Estates, Edmonton: Your Neighbour Just Got a Surprise on Their Assessment

If you own a home in Henderson Estates and you haven't checked your HonestDoor Price lately, you're probably leaving real money on the table. The city's assessment says your home is worth one thing. The market says something else entirely - and the gap is significant.

The Vibe: What's Actually Happening in Henderson Estates Right Now

Let's break it down by property type, because houses and condos are telling two very different stories in our neighbourhood right now.

Houses - Still the Star of the Show

Houses in Henderson Estates are holding serious value. Here's the snapshot:

• Average HonestDoor Price: $876,549
• Average assessed value: $806,216 - that's $70,000 lower than what the market is actually saying
• Predicted market value: $886,437 - trending above the 3-month average of $877,616
• Average sale price this period: $885,000 - up 20.4% from last month
• Average listing price: $897,000
• Price per square foot: $363
• Homes are selling at 98.66% of list price - buyers are close to full ask
• Average days on market: 22 days
• Estimated monthly rent: $3,857 with a rental yield of 4.92%
• Transactions in 2026: 16 sales across 599 assessed properties

That days-on-market number is worth paying attention to. Henderson Estates ranks 21 out of 112 Edmonton neighbourhoods for speed of sale. That means we're in the top tier for how fast homes move. When a good listing hits, it doesn't sit around.

The growth rank sits at 116 out of 291 comparable neighbourhoods - above average in Edmonton. Not the fastest-growing pocket in the city, but solidly ahead of the pack. And on price? We rank 38 out of 285 neighbourhoods. That puts Henderson Estates among the most expensive addresses in Edmonton, full stop.

One thing to flag: only 1 house sold this past period, down 50% from the month before. Low volume can swing averages hard, so treat the 20.4% price jump as a directional signal, not a guarantee. The underlying HonestDoor Price trend is the more reliable read here.

Condos - Taking a Breather

The condo picture is a bit more honest about where things stand:

• Average HonestDoor Price: $386,441 - down 1.05% from the previous period
• Predicted market value: $390,536
• 3-month moving average: $396,377 - the predicted value is trending below this, a sign of softening
• Recent value change: -2.11%
• Estimated monthly rent: $2,046 with a rental yield of 4.04%
• Airbnb estimate: $100 per night
• Growth rank: 199 out of 302 Edmonton neighbourhoods - below average

Condos here are cooling off. The predicted value is also sitting just below nearby Rhatigan Ridge condos at $396,800, which means we're not leading the pack in this category right now. If you own a condo in Henderson Estates, this isn't a panic moment - but it's a good time to watch the numbers closely.

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

Here's the thing about your city assessment. It's calculated once a year, based on data that's already months old by the time it lands in your mailbox. It's a snapshot of the past, not a read on today.

The HonestDoor Price updates in real time. For houses in Henderson Estates, that difference right now is $70,333 - the HonestDoor Price of $876,549 is 8.72% higher than the average assessed value of $806,216. That gap is not a rounding error. That's the difference between knowing what your home is actually worth today versus what a government spreadsheet said it was worth last year.

If you're making any financial decision tied to your home - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number to use. The assessment is a tax tool. The HonestDoor Price is a market tool.

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

If you own a house in Henderson Estates and you've been on the fence about listing this summer, the data is giving you a few green lights worth considering.

Homes here are selling fast - top 20% in Edmonton for days on market. Buyers are paying close to full list price at 98.66%. And the predicted value of $886,437 is climbing above its 3-month average, which suggests upward momentum, not a retreat.

Compare that to nearby neighbourhoods. Falconer Heights is sitting at a HonestDoor Price of $659,671. Rhatigan Ridge is at $758,012. Henderson Estates is priced meaningfully above both, and both are growing slower than us. The premium here is real, and buyers who want this neighbourhood know it.

River Valley Terwillegar is the only nearby area that outprices us significantly at $1,579,738 - but that's a different buyer pool entirely.

The short version: if your house is in good shape and priced right, this summer is a reasonable window. Inventory is tight, demand is real, and the neighbourhood leaderboard has us ranked 38th most expensive out of 285 Edmonton neighbourhoods. That's a strong position to sell from.

For condo owners, patience is the play right now. Values are dipping slightly and growth is below average. Not a crisis - just not the ideal moment to rush a listing.

Want to know exactly where your property sits? Check your HonestDoor Price at honestdoor.com. It takes about 30 seconds and it's a much better starting point than waiting for next year's assessment letter.

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.