Jackson Heights, Edmonton - September 2026 Real Estate Report

Jackson Heights Real Talk: Your Home Is Worth More Than the City Thinks - But the Market Is Sending Mixed Signals

The Vibe Right Now

If you've been watching the "For Sale" signs in Jackson Heights, here's what's actually happening. The story splits pretty cleanly depending on whether you own a house or a condo. We're not in the same boat, and it matters for your wallet.

Houses: Strong Bones, But Take a Breather

Our houses are holding real value. The average HonestDoor Price sits at $495,011 - that's $9,056 above what the city assessed your home at. But the recent sales data is worth paying attention to. The average sale price came in at $485,000 this month, down 11.6% from last month. That's a notable dip. Listings are sitting at $549,850 on average, which means there's a gap between what sellers want and what buyers are paying.

The good news? The two homes that did sell went for 100.75% of list price. Buyers paid above asking. That tells us serious buyers are still competing when the right home hits the market. Properties are sitting for about 29 days on average - a bit slower than nearby Minchau at 24 days, but not alarming.

• Average HonestDoor Price (Houses): $495,011
• Predicted Market Value: $509,671
• Average Sale Price This Month: $485,000 (down 11.6%)
• Sale-to-List Ratio: 100.75% - buyers paid over asking
• Days on Market: 29
• Estimated Monthly Rent: $2,559
• Rental Yield: 5.62%
• Growth Rank: 53 out of 291 Edmonton neighbourhoods - top tier

That growth rank is worth calling out. Ranking 53rd out of 291 neighbourhoods puts Jackson Heights houses in the top 20% of Edmonton for value growth. That's a leaderboard position most neighbourhoods would take.

Condos: Patience Required

We'll be straight with you on condos. The picture is softer. One condo sold this month, sitting on the market for 154 days before it moved. That's a long time. The average sale price came in at $272,550, and buyers paid 99.15% of list - just under asking. The predicted market value of $297,566 is actually trending down from the 3-month average of $302,885.

The condo growth rank of 230 out of 302 neighbourhoods puts us in below-average territory for Edmonton right now. If you own a condo here and were thinking about selling, the data says the timing is tricky.

• Average HonestDoor Price (Condos): $298,261
• Average Sale Price This Month: $272,550
• Days on Market: 154
• Estimated Monthly Rent: $1,598
• Rental Yield: 4.20%
• Growth Rank: 230 out of 302 Edmonton neighbourhoods
• HonestDoor Price is 5.82% below the city's assessed value

That last point matters. The city assessed condos here at an average of $316,697. The HonestDoor Price says $298,261. That's a $18,436 gap - and in this case, the real-world market is coming in below what the city thinks your condo is worth. That's useful information before you make any moves.

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

Here's the thing about city assessments. They're a snapshot from months ago, built on formulas that don't know your renovated kitchen or the new fence you put in. The HonestDoor Price pulls from real, recent transaction data and updates continuously. It's the real-world check against a static government number.

For house owners in Jackson Heights, the HonestDoor Price of $495,011 is running 1.86% above the city's average assessed value. That gap represents real money the city's paperwork isn't giving you credit for. For condo owners, the reverse is true - the market is pricing condos below assessment right now, which is exactly the kind of signal you want to know before listing.

With 1,135 properties assessed in the neighbourhood this year, there's solid data behind these numbers. This isn't a guess. It's what the market is actually doing on your street.

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

If you own a house in Jackson Heights and are thinking about listing this summer, the window is real but it requires smart pricing. Buyers are still paying over asking when a home is priced right - that 100.75% sale-to-list ratio proves it. But the 11.6% month-over-month price drop is a signal that overpriced listings are getting ignored. Price sharp, present well, and the demand is there.

Check your HonestDoor Price before you have any conversation with an agent. The predicted market value of $509,671 - trending up from the 3-month average of $500,018 - gives you a strong anchor for that conversation. A 5.62% rental yield also means if you don't sell, renting is a genuinely solid backup plan.

If you own a condo, this summer is probably not your moment. A 154-day average time on market and a declining predicted value suggest waiting for conditions to shift makes more sense than rushing to list. Keep an eye on your HonestDoor Price month to month - when that number starts climbing back toward the assessed value of $316,697, that's your green light.

One more thing worth knowing. Nearby Mill Woods Golf Course is averaging an HonestDoor Price of $536,325 - about $41,000 more than our houses. Kiniski Gardens and Minchau are both cheaper. Jackson Heights sits in a solid middle position in this part of Edmonton, and that's not a bad place to be.

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.