Hill Area, Fredericton - September 2026 Real Estate Report

Hill Area, Fredericton: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you've been watching the "For Sale" signs on the Hill lately, here's what's actually happening. The average HonestDoor Price for homes in Hill Area sits at $734,174 - down 4.23% from the previous period. That's the market taking a breather, not falling off a cliff. With 63 property transactions recorded in 2026 and a total transaction rank of 3rd in all of Fredericton, this neighbourhood is still one of the busiest in the city. People want to be here.

On the houses side, the average sale price is sitting at $399,000 with a price per square foot of around $319. Only 1 house sold last month, which is a thin slice of data - so don't read too much into any single number. What matters more is the predicted market value of $766,570, which is trending up from the 3-month moving average of $763,576. The direction is positive, even if the pace is steady.

For context, we're priced above our neighbours. Woodstock Road homes are predicted at $624,616 and Skyline Acres-Southwood Park at $614,256. Downtown Area is the only neighbourhood running neck-and-neck with us at $735,554. Hill Area holds its own.

The Secret Sauce - Why Your HonestDoor Price Matters Right Now

Here's the thing most Hill Area homeowners don't realize. Your city assessment is a snapshot frozen in time - often 12 to 18 months out of date by the time it lands in your mailbox. The HonestDoor Price is updated in real time using actual sales data, market trends, and current comparable properties. It's the difference between knowing what your home was worth and knowing what it's worth today.

Right now, the predicted market value for Hill Area houses is $766,570. If your tax assessment is sitting well below that, you could be leaving serious money on the table when you price your home, refinance, or even just have a conversation with your bank. The HonestDoor Price is your real-world check - not a government estimate built on last year's numbers.

• Average HonestDoor Price: $734,174
• Predicted Market Value (Houses): $766,570
• 3-Month Moving Average: $763,576
• Price Per Square Foot: $319
• Recent Value Change: up 2.28%
• Transaction Rank in Fredericton: 3rd

The Neighbourhood Leaderboard

Growth rank is where we have to be honest with each other. Hill Area currently ranks 6th out of 11 comparable neighbourhoods in Fredericton for growth - that puts us in the below-average tier on that specific metric. On price rank, we sit at 4th out of 4 in our comparison group, meaning we're among the most affordable options relative to those peers. That combination - steady prices, high transaction volume, and a top-2 Airbnb rank in the city - tells a story of a neighbourhood that holds value even when it's not leading the growth charts.

The So What - Should You Sell This Summer?

If you're thinking about listing this summer, here's the straight talk. The HonestDoor Price is down 4.23% from the previous period, so the peak frenzy has cooled. But 63 transactions in 2026 means buyers are still active in Hill Area. You're not trying to sell into a ghost town.

The rental numbers also work in your favour if you're on the fence. Estimated rent of $3,113 per month with a rental yield of 5.49% means holding the property has real income potential. And with an Airbnb rank of 2nd in Fredericton and an estimated $155 per night, short-term rental is a legitimate option if selling doesn't feel right yet.

Bottom line - if you're selling, price it sharp and move quickly. The predicted value of $766,570 gives you room to work with, but a cooling trend means the window for top-dollar offers is not getting wider. Pull your HonestDoor Price today, compare it to your assessment, and know exactly where you stand before you call an agent.

• Estimated Monthly Rent: $3,113
• Rental Yield: 5.49%
• Airbnb Estimate: $152 per night (ranked 2nd in Fredericton)
• Nearby comparison - Downtown Area: $735,554 average HD Price
• Nearby comparison - Woodstock Road: $628,653 average HD Price
• Nearby comparison - Skyline Acres-Southwood Park: $604,053 average HD Price

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.