Highland, Peterborough - August 2026 Real Estate Report

Highland, Peterborough: Your Neighbour Just Listed - Here Is What You Need to Know

If you have been watching the "For Sale" signs pop up around Highland this season, here is the straight story on what your home is actually worth right now - and why the number on your tax assessment is probably not the one you should be trusting.

The Vibe: Houses vs. Condos in Highland

We are seeing two very different stories play out on our streets right now, depending on what type of property you own.

Houses in Highland are taking a bit of a breather. The average HonestDoor Price sits at $511,501, up a modest 1.53% from the previous period. But the predicted market value is currently tracking at $503,803 - slightly below the 3-month moving average of $511,373. That tells us prices have softened a touch in the short term. The recent change in property values is sitting at -3.40%, so this is not a market sprinting forward right now. On the neighbourhood leaderboard, Highland houses rank 14 out of 25 for growth in Peterborough - right in the middle of the pack, leaning below average.

• Average HonestDoor Price (Houses): $511,501
• Predicted Market Value: $503,803
• 3-Month Moving Average: $511,373
• Recent Value Change: -3.40%
• Average Rental Estimate: $2,575 per month
• Rental Yield: 5.63% - strong returns for landlords
• Airbnb Estimate: $128 per night
• Growth Rank: 14 out of 25 in Peterborough

Condos in Highland are telling a more interesting story. Yes, the average HonestDoor Price dropped 4.49% to $463,677 - but the predicted market value is actually climbing to $485,459, well above the 3-month moving average of $450,171. That gap between those two numbers is worth paying attention to. Recent value change is up 7.73%, and on the neighbourhood leaderboard, Highland condos rank 8 out of 22 in Peterborough - that is above average territory. Our condo market is quietly picking up steam.

• Average HonestDoor Price (Condos): $463,677
• Predicted Market Value: $485,459
• 3-Month Moving Average: $450,171
• Recent Value Change: +7.73%
• Average Rental Estimate: $2,342 per month
• Rental Yield: 3.86% - moderate but steady
• Airbnb Estimate: $116 per night
• Growth Rank: 8 out of 22 in Peterborough

One more thing worth noting for us as a neighbourhood - every comparable area nearby (Sunset, Bonnerworth, North Central) is priced higher than Highland for houses. Bonnerworth sits at $626,368 and North Central at $589,883. That gap is actually good news if you are a buyer eyeing Highland as an entry point into Peterborough.

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

Here is the thing about your city assessment - it is a snapshot taken in the past. It does not know what happened to the market last month, last quarter, or even last year in many cases. It is like navigating with an old paper map when you have GPS on your phone.

The HonestDoor Price is updated in real time using actual sales data, market trends, and comparable properties. Right now in Highland, that difference is not trivial. For houses, the HonestDoor Price and the predicted value are already diverging from the 3-month average - meaning the market is actively shifting. For condos, the predicted value of $485,459 is sitting noticeably above the HonestDoor Price of $463,677. If you are relying on your tax assessment to understand what your home is worth today, you are working with the wrong number.

Pull your HonestDoor Price now. It is the real-world check that tells you where you actually stand - not where you stood 18 months ago.

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

If you own a house in Highland and are thinking about listing this summer, the data says move with intention. Prices are not in freefall - a 1.53% gain in the HonestDoor Price shows the floor is holding. But the short-term softness and that -3.40% recent change mean you do not want to sit on the sidelines too long hoping for a big run-up. Price it right from day one. Buyers in this range are comparing you directly to Sunset, Bonnerworth, and North Central - all of which are priced higher. That actually works in your favour if you position Highland as the smart, affordable alternative.

If you own a condo in Highland, the summer picture looks more encouraging. A 7.73% recent value change and a predicted value climbing above the moving average suggests momentum is building. You may have more pricing power than you think right now - especially with a rental yield of 3.86% making your unit attractive to investors who are actively looking.

Either way, the first step is the same - check your HonestDoor Price today, compare it to what your neighbours are listing at, and make a decision based on real numbers. That is how we look out for each other in Highland.

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.