Industrial, Hamilton - August 2026 Real Estate Report

Industrial, Hamilton: Here's What Your Home Is Actually Worth Right Now

If you live in Industrial and you haven't checked your HonestDoor Price lately, this is your nudge. The market here is doing two very different things depending on whether you own a house or a condo - and the gap matters for your next move.

The Vibe: Houses vs. Condos in Industrial

Let's break it down for us locals.

Houses are taking a breather. The average HonestDoor Price sits at $844,565, down 1.41% from last period. The predicted market value is $856,631, and that number is drifting slightly below the 3-month moving average of $859,056. One house sold last month at $824,000, and buyers paid about 94.72% of the asking price - meaning sellers are giving up roughly $46,000 from list to close. That's not a collapse, but it's not a seller's paradise either. Homes are sitting for about 29 days before selling, which puts us at a moderately fast pace compared to the rest of Hamilton.

• Average HonestDoor Price (Houses): $844,565
• Recent value change: -1.84%
• Average sale price: $824,000
• Average list price: $869,900
• Sale-to-list ratio: 94.72%
• Price per square foot: $443
• Average days on market: 29
• Rental estimate: $3,743/month
• Rental yield: 4.99%
• Neighbourhood growth rank: 147 out of 207 in Hamilton

Condos are a different story - and honestly a more interesting one right now. The HonestDoor Price is $462,822, down 3.24% from last period, but the predicted market value of $478,325 is actually climbing above the 3-month moving average of $464,540. That's a signal worth watching. Values have moved up 2.94% recently, and the growth rank sits at 63 out of 193 Hamilton neighbourhoods - that puts Industrial condos in the above-average tier on the Hamilton leaderboard.

• Average HonestDoor Price (Condos): $462,822
• Recent value change: +2.94%
• Predicted market value: $478,325
• 3-month moving average: $464,540
• Rental estimate: $2,365/month
• Rental yield: 3.88%
• Neighbourhood growth rank: 63 out of 193 in Hamilton

How Does Industrial Stack Up Against the Neighbours?

For houses, Guernsey comes in cheaper at $806,876, while Westmeria ($947,878) and Poplar Park ($915,541) are both pricier. Industrial sits right in the middle of that pack - not the budget option, not the premium one either. For condos, all three nearby neighbourhoods are actually more expensive than Industrial right now. Guernsey is at $498,007, Poplar Park at $484,175, and Westmeria at $532,437. If you own a condo here, you're the relative value play in this corner of Hamilton.

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment

Here's the thing about your city assessment - it's a snapshot from the past. The city isn't updating your property value in real time. It doesn't know that condo values in Industrial just ticked up 2.94%, or that house prices have softened slightly. Your HonestDoor Price is a live, real-world check on what your property is actually worth today - not what a government office decided it was worth a year or two ago.

If you're a condo owner, your HonestDoor Price might already be ahead of where your assessment lands. If you own a house, knowing the current number means you're not walking into a listing conversation blind. Either way, the assessment is a starting point. The HonestDoor Price is the real number.

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

For house sellers - be realistic. Buyers in Industrial are paying below list price right now, and the growth rank of 147 out of 207 means this isn't one of Hamilton's hottest-moving neighbourhoods at the moment. That doesn't mean you can't sell well - it means you need to price sharp from day one. Overpricing and chasing the market down is the worst play in a stable buyers' market.

For condo sellers - your timing is actually decent. Values are trending up, your growth rank is above average for Hamilton, and you're priced below comparable neighbourhoods nearby. That's a story you can tell a buyer. A condo here at $462,822 looks attractive next to Westmeria at $532,437.

Bottom line - check your HonestDoor Price before you call an agent, before you set a number, and before you assume your tax assessment tells the whole story. It doesn't. The market moves faster than the city does, and right now in Industrial, the details really matter.

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.