Honestdoor
    Map
    BuyRecently Sold
      Map

      Hornell Heights, North Bay - October 2026 Real Estate Report

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

      North Bay, Hornell Heights

      Hornell Heights Real Estate Check-In: Your House Is Worth More Than the City Thinks

      The Vibe Right Now

      If you've been watching the "For Sale" signs in Hornell Heights, here's what's actually happening. The market is taking a breather on paper, but the forward-looking numbers tell a different story depending on what you own.

      Houses: The Numbers Are Moving in Your Favour

      Yes, the average HonestDoor Price for a house sits at $658,896, and it's down 6.41% from the previous period. That stings a little. But here's the thing - the predicted market value for houses is $704,054, and it's climbing above the 3-month moving average of $680,782. That's the market saying the dip may already be behind us.

      • Average HonestDoor Price: $658,896
      • Predicted Market Value: $704,054
      • 3-Month Moving Average: $680,782
      • Recent Value Change: up 4.26%
      • Estimated Monthly Rent: $3,208
      • Rental Yield: 5.25% - that's a strong return
      • Airbnb Rank in North Bay: 4th overall
      • Neighbourhood Growth Rank: 2 out of 10 in North Bay

      That growth rank is the stat we should all be talking about. Hornell Heights houses sit at number 2 on the North Bay neighbourhood leaderboard. Only one neighbourhood in the city is outpacing us right now. For anyone who owns a house here, that's not a small thing.

      And if you're thinking about renting instead of selling, $3,208 a month with a 5.25% yield is genuinely solid. That's not a consolation prize - that's a real income strategy.

      Condos: A Cooler Story

      We'll be straight with you on condos. The average HonestDoor Price is $322,273, down 7.89% from the previous period. The predicted market value of $349,884 is also sliding below the 3-month moving average of $366,486. The recent change clocks in at -6.10%, and the growth rank for condos is 8 out of 10 in North Bay. That puts us below average in the city right now.

      • Average HonestDoor Price: $322,273
      • Predicted Market Value: $349,884
      • 3-Month Moving Average: $366,486
      • Recent Value Change: -6.10%
      • Estimated Monthly Rent: $1,846
      • Rental Yield: 4.11% - moderate but workable
      • Airbnb Rank in North Bay: 6th overall
      • Neighbourhood Growth Rank: 8 out of 10 in North Bay

      Nearby condos in Birchaven ($351,367) and Feronia ($371,400) are currently priced higher than ours. If you own a condo here and are thinking about a move, that context matters. Waiting for a big rebound in the short term is a gamble right now.

      The Secret Sauce: Stop Relying on Your Tax Assessment

      Here's the honest truth about government assessments - they're snapshots from the past. By the time that number lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. It's the difference between checking yesterday's weather and stepping outside right now.

      For Hornell Heights house owners especially, this matters a lot. Your city assessment almost certainly doesn't reflect that predicted value of $704,054 or the upward momentum we're seeing in the 3-month trend. If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - you want the real number, not a stale one.

      Check your HonestDoor Price today. It takes about 30 seconds and it's free. That's the real-world check your assessment will never give you.

      So What Does This Mean If You're Thinking About Selling This Summer?

      It depends entirely on what you own.

      If you own a house in Hornell Heights, this summer is worth a serious look. We're ranked 2nd in North Bay for growth, the predicted value is trending up, and rental demand is strong enough that you have options if the sale price doesn't hit your number. Buyers are still out there, and a well-priced house here has real competition from Feronia where prices are significantly higher. We look like value to buyers shopping that comparison.

      If you own a condo, the honest advice is to move with intention, not urgency. The market is softer, the trend is downward, and nearby condos in Feronia and Birchaven are priced above us. That doesn't mean don't sell - it means price it right from day one. Sitting on the market hoping for a higher offer is a costly strategy in a cooling condo segment.

      Either way, start with your HonestDoor Price. Know your real number before you talk to anyone.

      hornell heights | north bay | 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.

      Honestdoor

      Sell, buy or Lease on MLS®/REALTOR.ca with help from our licensed REALTORS® every step of the way.

      Buy

      Buy with us

      Subscribe

      Get the latest real estate insights and updates.

      By subscribing, you agree to our privacy policy and consent to receive updates.

      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

      © 2026 Honestdoor. All rights reserved.

      Cookie settings