Homesteads, Stony Plain - July 2026 Real Estate Report

Homesteads, Stony Plain: Your Neighbour Just Got More Than List Price. Here's the Full Story.

The Vibe Right Now

If you own a house in Homesteads, you are sitting in one of the stronger spots in Stony Plain. The one house that sold recently went for $475,000 - and the buyer paid 103.26% of the asking price. That means the seller got more than they listed for. That is not an accident. That is a sellers' market doing its thing.

Houses are moving in about 20 days on average. That is a solid pace. Listings are currently sitting at $460,000, and price per square foot is around $381. Compare that to nearby Brookview, where the average sold price is $425,000 - Homesteads is commanding a clear premium.

On the condo side, the story is different. The one condo that sold went for $162,000 at 99.08% of list price - buyers had a little room to negotiate there. Condos are sitting on the market for 58 days, which is slower than nearby Stonegate Place at 44 days. The condo segment here is taking a breather. If you own one and are thinking about selling, patience and sharp pricing will matter.

• House average sale price: $475,000
• House sale-to-list ratio: 103.26% - sellers are winning
• House days on market: 20 days
• House price per square foot: $381
• Condo average sale price: $162,000
• Condo sale-to-list ratio: 99.08% - buyers have slight leverage
• Condo days on market: 58 days

The Neighbourhood Leaderboard

Here is where things get real for us as homeowners. On the growth leaderboard, Homesteads houses rank 35 out of 39 neighbourhoods in Stony Plain. That puts us near the bottom for recent price growth, and the predicted value for houses has dipped 4.87% recently, pulling the 3-month moving average down to $453,265. Growth is not the headline here right now.

But here is the flip side - on the price leaderboard, Homesteads houses rank 8 out of 31. We are in the top tier for what homes are actually worth in this city. Higher value does not always mean faster growth, but it does mean we are not a bargain-bin neighbourhood. Buyers know that.

Condos tell a more encouraging growth story. They rank 15 out of 33 for growth - above average in Stony Plain. The predicted condo value of $787,572 is actually climbing above the 3-month average of $757,130, with a recent value change of +3.70%. The catch is that condos rank 13 out of 15 for days on market - they are among the slowest-selling in the city right now.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Your city assessment is a snapshot from months ago. It does not know what happened on your street last week. The HonestDoor Price is updated in real time using actual sales data, current listing activity, and market movement - so it reflects what a buyer would actually pay today, not what a government office calculated last year.

For house owners in Homesteads, the average HonestDoor Price is $442,407, up 0.55% from the previous period. For condo owners, it sits at $758,521, though that has pulled back 3.69% recently. Both of those numbers are live. Your tax assessment is not.

If you are using your assessment to decide whether to sell, refinance, or even just understand your net worth - you could be working with stale numbers. Check your HonestDoor Price now. It is the real-world check that your assessment simply cannot give you.

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

If you own a house in Homesteads and you have been on the fence, this summer looks like your window. Buyers are paying over asking. Properties are moving in three weeks. You are in a neighbourhood that ranks in the top quarter for price in all of Stony Plain. The demand is real.

The one thing to watch - the predicted value has slipped recently and the growth rank is near the bottom of the city leaderboard. That does not mean prices are crashing. It means the big run-up may have already happened, and waiting another year is not guaranteed to put more money in your pocket. Selling into a sellers' market beats selling into a flat one.

If you own a condo, the calculus is a bit different. You have more time - buyers are not rushing - but the growth trend is actually pointing up. If you can hold, the numbers suggest some recovery ahead. If you need to sell now, price it sharp from day one. At 58 days on market, overpriced condos are sitting. Correctly priced ones still move.

• House rental estimate: $2,275 per month - rental yield of 5.75% is strong for investors
• Condo rental estimate: $2,546 per month - yield of 3.93% is moderate
• Airbnb potential: $113 per night for houses, $126 per night for condos
• Homesteads Airbnb rank in Stony Plain: 20th for houses, 6th for condos

Bottom line - Homesteads is a well-priced, established neighbourhood in Stony Plain. Houses are moving fast and above asking. Condos need a bit more patience. Either way, check your HonestDoor Price before you make any move. It is the number that actually reflects today's market.

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.