Hillside, Grande Prairie - August 2026 Real Estate Report

Hillside, Grande Prairie: What Your Neighbour Hasn't Told You About Home Prices Yet

If you've been watching the "For Sale" signs in Hillside and wondering what's actually going on, here's the straight story. The market is moving - just not in one direction. Houses and condos are telling two very different stories right now, and which one you're in matters a lot for your wallet.

The Vibe: Houses vs. Condos in Hillside

Houses

We're seeing some softness on the house side. The average sale price came in at $212,500 this month - down 22% from last month. That's a notable dip, though it's worth noting only 1 house sold, so one deal can swing that number hard. Listings are sitting at $214,900, and homes are selling at 98.88% of list price, meaning buyers are getting a small but real discount. At 16 days on market, houses aren't sitting forever, but the direction of prices is worth watching.

• Average sale price: $212,500 (down 22% from last month)
• Average list price: $214,900
• Price per square foot: $287
• Sale-to-list ratio: 98.88% - buyers are paying just under asking
• Days on market: 16
• Rental yield: 6.01% - that's a strong number for investors
• Estimated monthly rent: $1,465
• Neighbourhood leaderboard - Growth rank: 29 out of 56 in Grande Prairie (below average)
• Neighbourhood leaderboard - Affordability rank: 34 out of 37 (one of the most affordable spots in the city)
• Neighbourhood leaderboard - Speed of sale rank: 6 out of 29 (moderately fast)

The 6.01% rental yield is the number that should catch an investor's eye. In a city where a lot of rental properties barely break even, Hillside houses are punching above their weight on that front.

Condos

Condos are a different story - and honestly a more interesting one for us right now. One condo sold at $350,000, essentially unchanged from last month, and it moved in just 7 days. That's fast. Condos are sitting at a 98.59% sale-to-list ratio, so sellers are getting close to what they're asking. The market here is stable, not skidding.

• Average sale price: $350,000 (stable)
• Average list price: $355,000
• Price per square foot: $288
• Sale-to-list ratio: 98.59%
• Days on market: 7 - very fast by Grande Prairie standards
• Estimated monthly rent: $1,205
• Rental yield: 4.30% - moderate but steady
• Neighbourhood leaderboard - Growth rank: 17 out of 47 in Grande Prairie (above average)
• Neighbourhood leaderboard - Speed of sale rank: 2 out of 17 (near the top - condos move here)
• Neighbourhood leaderboard - Price rank: 1 out of 19 (most expensive condo neighbourhood tracked)

That price rank of 1 out of 19 is worth a second look. Hillside condos are sitting at the top of the pricing ladder in Grande Prairie. If you own one, that's a real asset. If you're buying one, go in knowing you're not getting a bargain-bin deal.

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

Here's the thing about your city assessment - it's a snapshot from the past. It gets updated once a year, uses broad neighbourhood averages, and by the time it lands in your mailbox, the market has already moved on.

The HonestDoor Price is updated in real time using actual sales data, current listings, and live market signals. Right now, the HonestDoor Price for a Hillside house sits at $279,754 - up 1.31% from the previous period. For condos, it's $200,298, which has pulled back 9.45%. Those two numbers are moving in opposite directions, and your tax assessment won't show you that split.

If you're a house owner in Hillside, your HonestDoor Price is likely ahead of what the city has on file. If you own a condo, the recent 9.45% dip is exactly the kind of real-world signal you need before making any decisions - and it's the kind of number a static assessment will miss entirely.

Think of the HonestDoor Price as the real-world check. It's what a buyer would actually offer today, not what a government spreadsheet calculated last January.

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

If you own a house in Hillside and you're thinking about listing this summer, the honest answer is: the window is open, but it's not wide open. Prices have softened recently, and the growth rank of 29 out of 56 puts us in the bottom half of Grande Prairie neighbourhoods right now. That said, homes are still selling in 16 days and buyers are paying close to asking. You're not in a fire-sale situation - but pricing sharp matters more than it did a year ago.

If you own a condo, the picture looks better for sellers. A days-on-market rank of 2 out of 17 means condos in Hillside move fast. Buyers are active, and sitting at the top of the city's condo price rankings means there's real demand here. If you've been on the fence, summer is a reasonable time to test the market.

For anyone thinking about holding and renting instead, that 6.01% rental yield on houses is a legitimate reason to pause before selling. At $1,465 per month in estimated rent, a Hillside house can work as an income property in a way that a lot of other Grande Prairie neighbourhoods simply can't match right now.

Bottom line - check your HonestDoor Price before you do anything else. It takes about 30 seconds and it'll tell you more about where you actually stand than any assessment notice ever will.

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.