Highland, Peterborough - July 2026 Real Estate Report

Highland, Peterborough: Your House Is Worth More Than the City Thinks

The Vibe Right Now

If you live on a quiet street in Highland and you have been wondering what your place is actually worth, here is the honest answer: it depends on what you own. Houses and condos are telling two very different stories right now, and both are worth paying attention to.

Houses - Taking a Breather, But Still in the Game

The average HonestDoor Price for a house in Highland sits at $503,803. That is down 3.40% from the previous period, so yes, the house market is taking a breather. But here is the thing - the predicted market value is $521,510, and that number is climbing. It is sitting above the 3-month moving average of $513,734, which tells us the momentum is pointing upward, not down.

• Average HonestDoor Price: $503,803 (down 3.40%)
• Predicted Market Value: $521,510
• 3-Month Moving Average: $513,734
• Recent Value Change: up 2.50%
• Growth Rank: 9 out of 25 neighbourhoods in Peterborough - above average
• Average Rental Estimate: $2,544 per month
• Rental Yield: 5.60% - that is a strong return
• Airbnb Estimate: $126 per night
• Airbnb Rank in Peterborough: 24 out of 25

A 5.60% rental yield is not something to gloss over. If you are a landlord or thinking about becoming one, Highland houses are pulling real income. The short-term rental picture is quieter - ranking 24th in the city for Airbnb - so the long-term tenant play is clearly the stronger move here.

How does Highland stack up against the neighbours? Sunset is at $562,206, Bonnerworth at $621,843, and North Central at $582,306. Highland is the entry point into this cluster, which is not a bad place to be if you are a buyer. If you are a seller, you are priced competitively in a group of neighbourhoods that are all trending in the same direction.

Condos - The Quiet Overachiever

This is where Highland gets interesting. Condo owners, pay attention. The average HonestDoor Price for a condo is $485,459 - up 7.73% from the previous period. The predicted market value is $450,619, already beating the 3-month moving average of $410,087 by a wide margin. Values have shifted 8.73% recently. That is not a blip. That is a trend.

• Average HonestDoor Price: $485,459 (up 7.73%)
• Predicted Market Value: $450,619
• 3-Month Moving Average: $410,087
• Recent Value Change: up 8.73%
• Growth Rank: 3 out of 22 neighbourhoods in Peterborough - top performer
• Average Rental Estimate: $2,433 per month
• Rental Yield: 3.93% - moderate but steady
• Airbnb Estimate: $121 per night
• Airbnb Rank in Peterborough: 15 out of 22

Ranking 3rd out of 22 comparable neighbourhoods for condo growth puts Highland condos on the Peterborough leaderboard. That is not average - that is genuinely near the top. Compare that to nearby Sunset condos at $463,678 and Highland is holding its own. Bonnerworth and North Central are priced much higher for condos, which means Highland still has room to run.

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

Here is something most homeowners do not think about until it is too late. Your city assessment is a snapshot from the past. It does not update in real time. It does not know that Highland condos just jumped 7.73%. It does not know that house values are predicted to climb past $521,000. It is essentially a photograph of a market that has already moved on.

The HonestDoor Price is the real-world check. It pulls current data, tracks recent sales, and gives you a number that reflects what is actually happening on your street today - not what was happening two or three years ago when the city last looked. If you are making any financial decision tied to your home - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number you want in your hand, not the assessment notice sitting in your kitchen drawer.

The So What - Should You Sell This Summer?

If you own a condo in Highland, the timing conversation is worth having right now. A top-3 growth ranking, an 8.73% recent value jump, and a predicted value that is already outpacing the 3-month average - that combination does not stay quiet forever. Buyers notice. Demand follows.

If you own a house, the picture is a little more nuanced. The short-term dip of 3.40% is real, but the predicted value of $521,510 says the floor is holding and the direction is still up. A 5.60% rental yield also means that if summer selling does not feel right, holding and renting is a genuinely solid backup plan.

Either way, the move right now is to check your HonestDoor Price before you do anything else. Know your number. Then decide. Do not let a two-year-old tax assessment be the thing that costs you money on the biggest transaction of your life.

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.