Hornell Heights, North Bay - July 2026 Real Estate Report

Hornell Heights Real Estate Update: Your House Might Be Worth More Than You Think

If you own a home in Hornell Heights and the last number you checked was your city tax assessment, you are probably looking at stale data. Here is what is actually happening on the ground right now.

The Vibe: Houses vs. Condos - Two Very Different Stories

We are seeing a split market in Hornell Heights, and it matters which side of it you are on.

Houses are the headline act right now. The average HonestDoor Price sits at $662,789, and yes, that is down 2.37% from the previous period - the market is taking a breather. But here is the thing: the predicted forward value for houses is $678,913, which is already climbing above the 3-month moving average of $651,974. That gap tells us the dip is likely short-lived. Property values have moved 8.20% recently, and on the North Bay neighbourhood growth leaderboard, Hornell Heights houses rank 2 out of 10. That is a top-tier position. Not many neighbourhoods in this city can say that.

• Average HonestDoor Price (Houses): $662,789
• Predicted Market Value: $678,913
• 3-Month Moving Average: $651,974
• Recent Value Change: 8.20%
• Growth Rank in North Bay: 2 out of 10
• Estimated Monthly Rent: $3,072 - $3,131
• Rental Yield: 5.30% - strong returns
• Airbnb Estimate: $153 per night - ranked 5th in North Bay

Condos are a quieter but solid story. The average HonestDoor Price is $376,739, up 5.46% from the previous period - that is real, positive momentum. The predicted value of $357,228 is rising above the 3-month moving average of $345,911. Condo growth ranks 5 out of 10 in North Bay, which puts us in above-average territory. Not flashy, but steady. Compare that to nearby Birchaven at $311,633 and Feronia at $339,000 - Hornell Heights condos are holding their own.

• Average HonestDoor Price (Condos): $376,739
• Predicted Market Value: $357,228
• 3-Month Moving Average: $345,911
• Recent Value Change: 4.01%
• Growth Rank in North Bay: 5 out of 10
• Estimated Monthly Rent: $1,973 - $1,885
• Rental Yield: 4.10% - moderate returns
• Airbnb Estimate: $98 per night - ranked 6th in North Bay

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Your city tax assessment is a snapshot from the past. It gets updated on a schedule that has nothing to do with what buyers are actually paying today. The HonestDoor Price is a real-time estimate - it moves with the market, not with a government calendar.

Right now, with house values predicted at $678,913 and trending upward from a recent dip, the gap between your assessment and your actual market value could be significant. If you are making any decision - selling, refinancing, or just figuring out your net worth - the HonestDoor Price is the real-world check you need. Think of your tax assessment as last season's menu prices. The HonestDoor Price is what things actually cost today.

For condo owners, a 5.46% increase in the HonestDoor Price is the kind of move that rarely shows up in an assessment right away. You could be sitting on more equity than the city is giving you credit for.

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

Here is the straight talk for anyone considering listing in Hornell Heights before fall.

For house sellers - the short-term dip of 2.37% is not a red flag, it is a timing conversation. The predicted value of $678,913 is above the recent moving average, which suggests the market is finding its footing again. A growth rank of 2 out of 10 in North Bay means buyers looking at this neighbourhood are seeing a strong-performing area. That is a selling point, not just a statistic. With rental yields at 5.30%, investor buyers are also paying attention - and that adds competition for your listing.

For condo sellers - the 5.46% price increase gives you a real story to tell. You are priced above Birchaven and Feronia, and the trajectory is moving in the right direction. A rental yield of 4.10% keeps investors in the conversation here too.

Bottom line: if you have been waiting for the "right time" to get a clear picture of what your Hornell Heights property is worth, stop waiting. Pull your HonestDoor Price today, compare it to your last assessment, and you might be surprised by the difference sitting in your walls.

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.