Hodgson, Edmonton - July 2026 Real Estate Report

Hodgson, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a place in Hodgson and you have not checked your actual market value lately, here is the short version: the city's assessment is already behind. The real numbers tell a more interesting story - and depending on whether you own a house or a condo, the market is behaving very differently right now.

The Vibe: Houses vs. Condos in Hodgson

Houses - Expensive, But Taking a Breather

We are sitting in the upper tier of Edmonton for house prices. With an average sale price of $977,000 and listings averaging $1,036,500 this month, Hodgson houses are ranked 39th out of 285 Edmonton neighbourhoods by price. That is top 14 percent. Not bad for our corner of the city.

That said, the market is cooling a touch. Buyers are paying 99.09 percent of list price on average, which means they have a little room to negotiate. Three homes sold this month, sitting on the market for an average of 24 days - that is actually a solid pace, ranking 23rd out of 103 neighbourhoods for speed. Homes here do not linger.

• Average sale price: $977,000
• Average listing price this month: $1,036,500
• Price per square foot: $395
• Average days on market: 24
• Sale-to-list ratio: 99.09% - slight buyer advantage
• Properties sold this month: 3

The one number worth watching: house values have dipped 1.49 percent recently, and the predicted market value of $774,385 is trending just below the 3-month moving average of $777,484. Nothing alarming, but it is worth knowing before you price a listing. On the neighbourhood leaderboard, Hodgson houses rank 245 out of 302 for growth - that puts us in the bottom third right now. The market is not falling apart, it is just not racing ahead either.

Condos - A Different Story Entirely

Condo owners in Hodgson, pay attention. While the house market is taking a breather, our condo segment is showing genuine heat. One condo sold this month at $294,000 - up 40.8 percent from last month - and it sold for 103.16 percent of list price. That means the buyer paid over asking. That is a sellers' market signal, full stop.

• Average sale price: $294,000 (up 40.8% from last month)
• Average listing price this month: $285,000
• Price per square foot: $280
• Average days on market: 50
• Sale-to-list ratio: 103.16% - sellers have the edge
• Properties sold this month: 1

Condos here are also selling faster than nearby Ogilvie Ridge, where units sit for 72 days compared to our 50. The predicted market value is $290,527, and it is creeping upward past the 3-month average of $288,981. On the neighbourhood leaderboard, Hodgson condos rank 160 out of 296 for growth - below average, but the recent sales data suggests momentum is building quietly.

The Secret Sauce: Your HonestDoor Price vs. the City's Assessment

Here is the thing about your city assessment - it is a snapshot from months ago, built on a formula that does not know what your renovated kitchen looks like or what sold two streets over last week. It is not wrong, it is just old.

The HonestDoor Price updates in real time using actual transaction data. Right now, that gap matters:

• Houses: Average city assessment is $772,053. Average HonestDoor Price is $791,483 - that is $19,430 more, and it is up 2.21% from the previous period.
• Condos: Average city assessment is $285,106. Average HonestDoor Price is $293,868 - that is $8,762 more, and it is up 1.15% from the previous period.

Both HonestDoor Prices are sitting above the Edmonton average assessed value - 2.52 percent higher for houses and 3.07 percent higher for condos. If you are using your tax notice to decide whether to sell, refinance, or even just brag at a dinner party, you are working with a number that is already behind the curve. The HonestDoor Price is the real-world check.

The 'So What?': Thinking About Selling This Summer?

If you own a house in Hodgson and you are thinking about listing this summer, here is the honest read: you are in a premium-priced neighbourhood with buyers who are close to paying full ask. But the growth rank of 245 out of 302 means you are not in a market where you can overprice and wait. Homes that are priced right are moving in 24 days. Homes that are not will sit.

Your neighbours in Ogilvie Ridge and Magrath Heights are priced higher and growing faster - Ogilvie Ridge HonestDoor Price is $891,121 and Magrath Heights hits $936,066. If buyers are cross-shopping those streets, you need a sharp price and a clean presentation to compete.

If you own a condo, the timing actually looks better right now. One sale does not make a trend, but selling above asking price in any market is a green light worth noticing. With a rental yield of 4.21 percent and a predicted value ticking upward, holding is not a bad play either - but if you were waiting for a signal to list, this is closer to one than we have seen in a while.

Either way, start with your HonestDoor Price. It is free, it is current, and it is a much better starting point than whatever paper showed up in your mailbox from the city.

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.