Iroquois, Edmundston - August 2026 Real Estate Report

Iroquois, Edmundston: Your Home Is Worth More Than the City Thinks - But the Window May Be Closing

The Vibe Right Now

If you've been watching the "For Sale" signs in Iroquois lately, here's what's actually happening. The average HonestDoor Price for houses in our neighbourhood sits at $275,123 - and that number climbed 8.39% from the previous period. That's real money. On a $275,000 home, that's roughly $23,000 in added value that your city tax assessment almost certainly hasn't caught up to yet.

But here's the honest part: the short-term picture is showing some softness. The predicted market value for houses right now is $254,897, which is running below the 3-month moving average of $272,351. That's a -5.47% recent shift. The market isn't crashing - it's taking a breather. The question is whether you act before or after that breather turns into a longer nap.

• Average HonestDoor Price: $275,123
• Period-over-period growth: +8.39%
• Predicted current value (houses): $254,897
• 3-month moving average: $272,351
• Recent value change: -5.47%
• Total transactions in 2026: 12
• Growth rank in Edmundston: 6 out of 7 neighbourhoods

The Neighbourhood Leaderboard

Let's be straight with each other. On the growth leaderboard for Edmundston neighbourhoods, Iroquois ranks 6 out of 7. That puts us near the bottom of the pack right now. It doesn't mean the neighbourhood is in trouble - it means the other areas are running a bit hotter at the moment.

Here's how we stack up against the neighbours on predicted value for houses:

• Iroquois (us): $254,897 predicted value
• Saint-Basile: $258,500 - slightly ahead of us
• Edmundston: $238,177 - we're ahead of them

We're sitting in the middle of the pack on raw value. Not the top dog, but not the cheapest option either. For buyers, that's actually a decent entry point. For sellers, it means pricing strategy matters more than ever right now.

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

Here's the thing about your city assessment: it's a snapshot from the past. The city runs those numbers on a cycle, and by the time the paper hits your mailbox, the market has already moved. In Iroquois, where we saw an 8.39% jump in the HonestDoor Price over the recent period, that gap between your assessment and your actual market value could be significant.

The HonestDoor Price is a real-time estimate built on actual transaction data and current market signals - not a bureaucratic formula that gets updated every year or two. With 12 property transactions recorded in Iroquois in 2026 already feeding into the model, the data is fresh. Your neighbour's sale last month is in there. The city's assessment? Probably not.

If you're making any financial decision - refinancing, selling, even just figuring out if your home insurance makes sense - the HonestDoor Price is the number to start with, not the one on your tax bill.

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

Here's the honest read for anyone thinking about listing in Iroquois this summer. The longer-term trend is in your favour - an 8.39% gain over the previous period is nothing to dismiss. But the short-term momentum has dipped, with the predicted value sitting below the 3-month average. That gap tends to close, but it can close either way.

The rental picture adds some context too. Estimated rent comes in at $1,347 per month with a rental yield of 6.03%. That's a strong yield. It means investors are paying attention to Iroquois. And on the short-term rental side, we rank 2nd in all of Edmundston for Airbnb potential - that's a real selling point if you're marketing to buyers who want flexibility.

• Estimated monthly rent: $1,347
• Rental yield: 6.03% - considered strong returns
• Airbnb rank in Edmundston: 2nd overall
• Average Airbnb estimate: $72 per night

If you're selling this summer, lean into those numbers. Price it right - not based on what the city assessed you at, but based on what the market is actually doing. The HonestDoor Price gives you that real-world check before you sit down with an agent. Know your number before someone else tells you what it is.

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.