Keheewin, Edmonton - September 2026 Real Estate Report

Keheewin Real Talk: Your Home Is Worth More Than the City Thinks - Here's the Proof

If you've been watching the "For Sale" signs in Keheewin and wondering what's actually going on, here's the straight story. The city's assessment number is one thing. What buyers are actually paying - and what your home could fetch right now - is another conversation entirely.

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

Keheewin is a neighbourhood of two stories this year, and they depend on whether you own a house or a condo. Let's break it down.

Houses: Taking a Breather

We saw only 1 house sell this month, with an average sale price of $371,300 - down 21.4% from last month. That's a notable dip, but with just one sale in the data, don't read too much into a single transaction. What matters more is the bigger picture: the HonestDoor Price for houses sits at $476,500, and the predicted market value for a Keheewin house is $495,733, which is actually creeping up from the 3-month moving average of $493,674.

• Average HonestDoor Price (Houses): $476,500
• Predicted Market Value: $495,733
• Average Sale Price This Month: $371,300
• Price Per Square Foot: $258
• Average Days on Market: 23 days - ranking 22nd out of 112 Edmonton neighbourhoods (very fast)
• Homes selling at 97.52% of list price
• Estimated Monthly Rent: $2,487 with a rental yield of 5.64%
• Growth Rank: 176 out of 291 Edmonton neighbourhoods

Buyers are paying just below list price, and homes are moving fast. That 23-day average puts us in the top tier for speed across Edmonton. The market is cooling slightly on price, but demand is not disappearing.

Condos: Steady and Selling Fast

Our condo market is a different animal. Four condos sold this month, prices held essentially flat at $169,625 average, and units are flying off the market in just 18 days on average. That days-on-market rank of 13th out of 112 Edmonton neighbourhoods? That's elite territory. Buyers want in.

• Average HonestDoor Price (Condos): $493,339
• Predicted Market Value: $496,763
• Average Sale Price This Month: $169,625
• Price Per Square Foot: $162
• Average Days on Market: 18 days - ranking 13th out of 112 Edmonton neighbourhoods (very fast)
• Condos selling at 94.58% of list price
• Estimated Monthly Rent: $1,733 with a rental yield of 4.13%
• Growth Rank: 150 out of 302 Edmonton neighbourhoods (above average)

The condo growth rank of 150 out of 302 puts us above the midpoint in Edmonton. Not leading the pack, but solidly in the upper half. For investors, that 4.13% rental yield is a reasonable return in today's market.

The Secret Sauce: Why You Should Check Your HonestDoor Price Today

Here's the thing about your city tax assessment - it's a snapshot from the past. The city assessed the average Keheewin house at $474,808. The HonestDoor Price right now is $476,500. That's a gap of about $1,700 on houses, which sounds small. But for condos, the difference is staggering. The city's average condo assessment is $184,826. The HonestDoor Price for condos is $493,339. That's 166.92% higher than what the city has on file.

If you're a condo owner making any financial decision - refinancing, selling, even just understanding your net worth - relying on that government number is leaving you with a wildly inaccurate picture. The HonestDoor Price pulls from real-time market signals, not a once-a-year government process. It's the real-world check your assessment simply cannot provide.

Yes, the HonestDoor Price has dipped slightly - down 3.75% for houses and 0.69% for condos from the previous period. That's worth knowing. But it's still the most current number available to you, and it's the one that reflects what a buyer would actually put on the table today.

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

If selling is on your mind, here's the honest take.

For house owners: the market is taking a breather on price, but homes are still moving quickly - 23 days on market is genuinely fast. With 24 total house transactions recorded in 2026 across 652 assessed properties, inventory is tight. Tight inventory is your friend as a seller. Price it right and you will find a buyer. Price it like it's 2022 and you'll sit.

For condo owners: four sales this month, 18 days on market, and buyers consistently showing up. The stable pricing actually signals a healthy floor - this is not a market in freefall. If your unit is in good shape, summer is a reasonable window to move.

One more thing worth knowing - how does Keheewin stack up against the neighbours?

• Bearspaw houses: HonestDoor Price $709,713 - significantly higher priced than us
• Ermineskin houses: HonestDoor Price $731,264 - also significantly higher, and growing slightly faster at 0.09% vs our 0.08%
• South Edmonton Common houses: HonestDoor Price $1,267,825 - a completely different price category

Keheewin sits below its immediate neighbours on price, which means buyers priced out of Bearspaw or Ermineskin are looking at our streets. That's a real demand driver heading into summer. Know your number, price it sharp, and you're in a good position.

Get your current HonestDoor Price at HonestDoor.com - it takes about 30 seconds and it's free.

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.