HonestDoor

    Hillcrest, Norfolk County - September 2026 Real Estate Report

    2026-09-16 00:00 · Your HonestDoor Team

    Norfolk County, Hillcrest

    Hillcrest, Norfolk County: Your Home Is Worth More Than Your Tax Bill Says - Here's the Real Number

    The Vibe Right Now

    If you've been watching the "For Sale" signs in Hillcrest lately, here's what's actually happening. The market is taking a breather. Values are down, but the story is different depending on what you own - and that difference matters a lot if you're thinking about your next move.

    Houses: Solid Asset, Softer Market

    We're seeing house values settle around a HonestDoor Price of $660,098, which is down 5.32% from the previous period. The 3-month predicted value sits at $697,222, trending down from a moving average of $706,565. That's not a crash - it's a correction. But it's real, and you should know about it.

    Here's the honest part: on the neighbourhood leaderboard for growth, Hillcrest houses rank 26 out of 26 in Norfolk County. That's the bottom of the pack right now. It doesn't mean your house is a bad investment - it means the market here is moving slower than everywhere else in the county at this moment.

    The rental picture is a bright spot. Estimated rent comes in at $3,295 per month with a rental yield of 5.25%. That's a strong return. If you're not selling, holding and renting is a genuinely good option here.

    • HonestDoor Price (Houses): $660,098
    • Recent value change: -5.32%
    • Predicted market value: $697,222
    • 3-month moving average: $706,565
    • Estimated monthly rent: $3,295
    • Rental yield: 5.25%
    • Airbnb estimate: $157 per night
    • Airbnb rank in Norfolk County: 18
    • Growth rank: 26 out of 26 in Norfolk County

    For context, us Hillcrest homeowners are sitting between Bill's Corners at $769,211 and Simcoe at $590,787. We're in the middle of the pack on price - just not on momentum right now.

    Condos: A Different Story

    Condo owners, this one's for you. While houses are sliding, condos in Hillcrest are actually up 4.56% from the previous period, with an average HonestDoor Price of $374,850. The predicted value is $358,500, trending down slightly from a 3-month moving average of $364,283 - so watch that gap.

    On the leaderboard, condos rank 6 out of 20 comparable neighbourhoods in Norfolk County. That puts us in above-average territory. That's a meaningful difference from where the houses sit.

    The rental yield on condos comes in at 4.09% - moderate, but still workable. Estimated rent is $1,895 per month. Nearby, Nixon condos are cheaper at $303,467 and Gilbertville is significantly higher at $610,450, which tells us Hillcrest condos are priced in a reasonable middle ground.

    • HonestDoor Price (Condos): $374,850
    • Recent value change: +4.56%
    • Predicted market value: $358,500
    • 3-month moving average: $364,283
    • Estimated monthly rent: $1,895
    • Rental yield: 4.09%
    • Airbnb estimate: $100 per night
    • Airbnb rank in Norfolk County: 16
    • Growth rank: 6 out of 20 in Norfolk County

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

    Here's the thing about your municipal tax assessment - it's a snapshot from the past. It doesn't know what happened to the market last quarter. It doesn't update when your neighbour's house sells for less than expected. It just sits there, frozen in time, while the real world moves on without it.

    Your HonestDoor Price is a real-world check. It pulls from actual sales data and updates continuously. Right now, with house values down 5.16% recently, there's a real chance your assessment is showing a number that no longer reflects what a buyer would actually pay today. That gap can cost you - whether you're pricing a listing, negotiating a sale, or just trying to understand what you actually own.

    Check your HonestDoor Price before you make any decision. It takes two minutes and it's the most current number you'll find.

    The So What - Thinking About Selling This Summer?

    If you own a house in Hillcrest and you're thinking about listing this summer, go in with clear eyes. The market is softer. You're competing in a neighbourhood that currently sits at the bottom of the Norfolk County growth rankings. That doesn't mean you can't sell - it means you need to price it right from day one. Overpricing in a cooling market is the fastest way to sit on a listing for months.

    The rental yield of 5.25% is worth thinking about too. If your timeline is flexible, holding and renting is a legitimate play while you wait for momentum to return.

    If you own a condo, your position is stronger. Values are up, your growth rank is above average for the county, and buyer interest in the condo segment looks healthier. Summer could be a reasonable window to move if you've been on the fence.

    Either way - house or condo - start with your HonestDoor Price. It's the number that actually reflects today's market, not last year's paperwork.

    hillcrest | norfolk county | september 2026

    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.

    Sign up for our newsletter

    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

    Core

    Home

    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


    © 2026 HonestDoor, Inc. All rights reserved.