Hodgson, Edmonton - October 2026 Real Estate Report

2026-10-16 00:00 · Your HonestDoor Team

Hodgson, Edmonton: Here's What Your Home Is Actually Worth Right Now

If you've been glancing at your city assessment and wondering if it still means anything, the short answer is: not really. Here's what's actually happening on the ground in Hodgson right now.

The Vibe: What the Numbers Are Telling Us

Hodgson is a split story this year, and it depends entirely on what you own. Houses and condos are moving in different directions, and knowing which side you're on matters a lot if you're thinking about making a move.

Houses: Pricey, But Slow to Sell

The average house sale price hit $876,000 this month - up 30.6% from last month. That sounds like a headline worth celebrating, but here's the reality check: listings are sitting at an average of $1,089,500, and homes are selling at only 96.74% of list price. Buyers are negotiating, and they have time to do it. Properties are averaging 156 days on the market. That is a long time to have a "For Sale" sign on your lawn.

Average sale price: $876,000 (up 30.6% from last month)
Average list price: $1,089,500
Price per square foot: $314
Sale-to-list ratio: 96.74% - buyers are paying below ask
Average days on market: 156
Properties sold this month: 4
Predicted market value: $773,529
3-month moving average: $785,728 - values are drifting down
Rental yield: 5.13% - strong if you're holding
Growth rank: 164 out of 285 Edmonton neighbourhoods - below average
Price rank: 45 out of 285 - among the most expensive in the city
Days-on-market rank: 105 out of 116 - one of the slowest-selling in Edmonton

We're in expensive-but-patient territory. Hodgson houses command a premium price tag, but buyers know it and they're not rushing. If you're a seller, pricing sharp from day one is the move. If you're a buyer, you have more leverage here than the sale price alone suggests.

Condos: Taking a Breather, But Holding Steady

The condo side is a different story. The average sale price came in at $341,250 this month, down 7.4% from last month. Only 2 units sold, and they're sitting on the market for an average of 85 days - longer than nearby Ogilvie Ridge at 72 days. The market is cooling off a little. But here's the flip side: the predicted market value of $298,766 is actually creeping up against the 3-month moving average of $296,376. So while sales are slow, underlying values are quietly ticking upward.

Average sale price: $341,250 (down 7.4% from last month)
Average list price: $349,750
Price per square foot: $580
Sale-to-list ratio: 97.57% - buyers still paying close to ask
Average days on market: 85
Properties sold this month: 2
Predicted market value: $298,766
3-month moving average: $296,376 - values are inching up
Rental yield: 4.19% - moderate but respectable
Growth rank: 93 out of 297 Edmonton neighbourhoods - above average
Price rank: 35 out of 218 - among the most expensive condos in Edmonton
Days-on-market rank: 64 out of 113 - slower side, but not the worst

For condo owners in Hodgson, the neighbourhood leaderboard stat worth noting is that 93rd-out-of-297 growth rank. That puts us solidly in the top third of Edmonton for condo value growth. Not flashy, but consistent - and consistency pays off over time.

The Secret Sauce: Your HonestDoor Price vs. That City Assessment

Here's why you should pull up your HonestDoor Price today instead of waiting for the city to mail you a piece of paper next year.

For houses, the city's average assessed value sits at $772,893. The average HonestDoor Price is $772,341. Those numbers are close, but the HonestDoor Price is updated in real time - it reflects what buyers are actually doing right now, not what the market looked like when the city last ran its numbers. With house values shifting by -2.27% recently and the 3-month trend pointing downward, a static assessment can quietly overstate what your home would fetch today. That gap matters when you're making decisions about selling, refinancing, or even just knowing where you stand.

For condos, the gap is even more interesting. The city's average assessed value is $285,106. The HonestDoor Price is $304,899 - that's 6.94% higher, and it's up 2.05% from the previous period. If a condo owner in Hodgson is relying on their city assessment, they could be sitting on more equity than they realize. The HonestDoor Price is the real-world check that catches up to the market before the city does.

House HonestDoor Price: $772,341 (down 0.15% from last period)
House assessed value: $772,893 - nearly identical, but trending apart
Condo HonestDoor Price: $304,899 (up 2.05% from last period)
Condo assessed value: $285,106 - HonestDoor is 6.94% higher
622 house properties assessed this year
354 condo properties assessed this year

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

If you own a house in Hodgson and you're thinking about listing this summer, the honest advice is this: price it right from day one. With 156 average days on market and buyers negotiating below list, the homes that sit are the ones that started too high. The neighbourhood is expensive by Edmonton standards - 45th out of 285 on price rank - but slow-moving. You have a quality product. Don't let an aggressive list price turn it into a stale listing.

If you own a condo, the picture is a bit more encouraging. Your growth rank of 93rd out of 297 puts you ahead of most of the city, and the HonestDoor Price suggests you may have more equity than your last assessment showed. With only 2 sales this month, the market is thin - which can work for you if you're the only well-priced unit available, or against you if you need a quick sale.

Either way, the first step is knowing your real number. Check your HonestDoor Price before you call an agent, set a list price, or make any decisions based on a year-old city assessment. The market moves faster than the paperwork does.

Hodgson neighbourhood growth: 0.02% year over year (houses), 0.09% (condos)
Total house transactions in 2026: 27
Total condo transactions in 2026: 5
Average rental estimate - houses: $3,472 per month
Average rental estimate - condos: $1,628 per month
Airbnb estimate - houses: $173 per night
Airbnb estimate - condos: $81 per night

Hodgson is a premium address in Edmonton. The data backs that up. But premium does not mean automatic - right now, it means doing your homework before you make a move.

hodgson | edmonton | october 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.