If you live on a street in Highland and you've been curious what your place is actually worth today - not what the city said it was worth two years ago - the numbers are in. And they tell two pretty different stories depending on whether you own a house or a condo.
The average HonestDoor Price for a house in Highland sits at $507,859. That's down a modest 0.71% from the previous period - so the market is taking a breather, not falling off a cliff. The predicted market value comes in at $511,501, which is actually sitting just above the 3-month moving average of $512,271. That slight dip in the moving average tells us prices are easing gently, not crashing.
Here's the number that should get our attention though. Houses in Highland are generating an estimated $2,561 per month in rent, with a rental yield of 5.61%. That is a strong return. For anyone holding a house here as an investment, or thinking about renting before selling, that yield is genuinely competitive.
That growth rank matters. Sitting at 12 out of 24 puts Highland houses in the upper half of Peterborough neighbourhoods. We are not leading the pack, but we are ahead of half the city. Compare that to nearby Sunset at $561,013 and Bonnerworth at $616,587 - both are priced higher, which also means Highland still has room to grow relative to its neighbours.
Condos are where things get interesting. The average HonestDoor Price jumped 24.69% to $578,179. That is not a typo. That kind of move in a single period turns heads. The Airbnb rank for condos in Highland is 9 out of Peterborough neighbourhoods - meaning short-term rental demand here is real.
That said, the predicted market value for condos comes in at $463,677, which is below the HonestDoor average and also dipping slightly from the 3-month moving average of $466,585. The recent value change is -4.49%, so while the HonestDoor Price surged, the short-term predicted trend is softening. Two data points pulling in different directions - worth watching closely.
A growth rank of 7 out of 22 for condos puts Highland in the top third of the city. Nearby, Bonnerworth condos average $869,768 and North Central sits at $1,375,551 - so Highland condos are still the more accessible entry point into this part of Peterborough.
Here is the thing about your city assessment - it is a snapshot from the past. It does not know that condo values in Highland moved 24.69% recently. It does not know that house rental yields are sitting at 5.61%. It is essentially a photo from a few years ago being used to describe what you look like today.
The HonestDoor Price is updated in real time using actual market activity. It is the difference between knowing what your home is worth right now versus guessing based on stale government data. If you are making any financial decision - refinancing, selling, even just figuring out your net worth - the HonestDoor Price is the number to start with, not the assessment notice sitting in your kitchen drawer.
For house owners in Highland, the window is open but it is not wide open. Prices are holding near $507,000 to $511,000, the rental yield backstop is strong at 5.61%, and sitting at rank 12 of 24 means buyers have options in pricier neighbourhoods - which keeps Highland competitive on value. If you are thinking about listing this summer, pricing sharp and moving fast is the play. The 3-month moving average is drifting down slightly, so waiting is not your friend here.
For condo owners, that 24.69% HonestDoor Price jump is worth a conversation with a local agent right now. The predicted value and the moving average are both easing off, which suggests the spike may not hold indefinitely. If you have been sitting on a condo in Highland and wondering if now is the moment - the data is nudging you toward sooner rather than later.
Bottom line: Highland is not the flashiest neighbourhood on the Peterborough leaderboard, but it is punching above its weight on rental returns and holding its own on growth rank. Check your HonestDoor Price today - it might surprise you.
highland | peterborough | september 2026This 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.