Jackson Heights, Edmonton - August 2026 Real Estate Report

Jackson Heights Real Talk: Your House Is Worth More Than the City Thinks

If you own a home in Jackson Heights and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table. The city's assessment is one number. What buyers are actually paying is another. Right now, those two numbers are not the same - and the gap is worth knowing about.

The Vibe: What's Happening on Our Streets Right Now

Houses - We're in Seller Territory

The house market in Jackson Heights is genuinely strong. Buyers are paying above asking - the average sale price hit $548,500, up 12.1% from last month, and homes are selling at 100.75% of list price. That means if you list at $549,850, you're likely walking away with more than you asked for. That's not a typo.

• Average sale price: $548,500 (up 12.1% from last month)
• Average list price: $549,850
• Sale-to-list ratio: 100.75% - buyers are bidding over asking
• Average days on market: 29 days
• Price per square foot: $287
• Predicted market value: $499,771 (up from 3-month average of $494,317)
• Rental yield: 5.64% - strong returns for investors
• Estimated monthly rent: $2,518

Houses here rank 71 out of 292 Edmonton neighbourhoods for growth. That puts us solidly in the top quarter of the city. Days on market rank is 28 out of 108 - meaning our homes sell faster than most. If you've been sitting on the fence about selling, the house market is telling you to get off it.

One small flag: homes are sitting 5 days longer than nearby Minchau (29 days vs. 24 days). Not a crisis, but worth pricing sharp if you want a quick close.

Condos - A Different Story, Worth Understanding

The condo side of Jackson Heights is taking a breather. One unit sold last month, sitting on the market for 154 days before it did. Buyers paid 99.15% of list price - just below asking. This is a buyers' market for condos, plain and simple.

• Average sale price: $272,550
• Average list price: $274,900
• Sale-to-list ratio: 99.15% - buyers have a little room to negotiate
• Average days on market: 154 days
• Price per square foot: $205
• Predicted market value: $308,797 (up from 3-month average of $301,368)
• Rental yield: 4.19% - moderate, but still positive
• Estimated monthly rent: $1,655

The days-on-market rank for condos is 93 out of 111 - that's near the bottom of the Edmonton leaderboard for speed. Condo sellers here need patience and smart pricing. The good news: the predicted value is trending up, and the growth rank sits at 87 out of 302 neighbourhoods - still above average for the city.

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

Here's the thing about your city assessment. It's calculated once a year using data that's already months old by the time it lands in your mailbox. It doesn't know what sold on your block last Tuesday. It doesn't adjust for the renovated kitchen you finished in March.

The HonestDoor Price updates in real time using actual transaction data. For houses in Jackson Heights, the average HonestDoor Price is $509,671 - that's 4.88% higher than the average city assessment of $485,955. On a home in this range, that gap is roughly $23,700. That's real money.

For condos, the picture flips. The average HonestDoor Price is $297,566, which is 6.04% lower than the city's assessed value of $316,697. If you're a condo owner, your tax bill might be based on a number that's higher than what the market actually supports right now. That's worth a conversation with your accountant.

Bottom line: the HonestDoor Price is your real-world check. The assessment is a government snapshot. One of them reflects what a buyer would hand you a cheque for today.

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

If you own a house in Jackson Heights, this summer looks good for you. Prices are up, buyers are competing, and you're in a neighbourhood that ranks in the top quarter of Edmonton for growth. The window is open - the question is how long it stays that way.

A few things to keep in mind before you list:

• Your HonestDoor Price of $509,671 (neighbourhood average) is your starting point for a real conversation with an agent - not the city's $485,955 figure.
• Nearby Mill Woods Golf Course has a higher average HD Price at $550,350. If your home is upgraded, you may be able to push toward that range.
• Kiniski Gardens and Minchau are cheaper alternatives for buyers - which means buyers who get priced out of Jackson Heights may look there instead. Price competitively to keep them interested in us.
• 42 house transactions happened in Jackson Heights in 2026 so far. That's real activity, not a ghost town.

If you own a condo, be realistic. The market is slow, days on market are high, and buyers know they have options. Price it at or just below the HonestDoor Price of $297,566, not the assessed value of $316,697. That gap is where deals die.

Neighbourhood growth overall is 0.05% year over year for houses - steady, not explosive. Jackson Heights isn't a flip-and-run market. It's a hold-and-win market. But if selling is on your radar this summer, the house side of the street is as ready as it's been in a while.

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.