HonestDoor

    Kelly, Hamilton - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Hamilton, Kelly

    Kelly, Hamilton: Your Home Is Worth More Than the City Thinks

    The Headline

    If you own a home in Kelly, your neighbours are probably talking about this. Values are up, demand is real, and the city's assessment is already falling behind. Here is what is actually happening on your street right now.

    The Vibe: What the Numbers Are Telling Us

    For those of us in Kelly watching the market, the story is straightforward. Houses here are carrying an average HonestDoor Price of $1,831,794 - up 7.53% from the previous period. That is not a blip. That is real, measurable momentum.

    The predicted market value for houses sits at $1,703,487, and it is trending upward from a 3-month moving average of $1,626,929. The direction of travel is clear. Prices are climbing, not drifting.

    • Average HonestDoor Price: $1,831,794
    • Predicted Market Value: $1,703,487
    • 3-Month Moving Average: $1,626,929
    • Recent Price Change: 7.15%
    • Average Rental Estimate: $6,331 per month
    • Rental Yield: 4.00% - solid, moderate returns
    • Airbnb Estimate: $315 per night
    • Neighbourhood Growth Rank: 13 out of 207 in Hamilton

    That growth rank deserves a second look. Out of 207 neighbourhoods tracked across Hamilton, Kelly sits at number 13. We are not in the middle of the pack. We are near the top of the leaderboard.

    How Kelly Stacks Up Against the Neighbours

    Context matters. Here is how Kelly compares to the streets right next door.

    • Shaver: HonestDoor Price $1,004,194 - Rental $4,198/month
    • Leeming: HonestDoor Price $1,218,943 - Rental $4,803/month
    • Book: HonestDoor Price $1,781,798 - Rental $6,259/month

    Every single neighbouring hood comes in cheaper than Kelly. Shaver is roughly $827,000 less. Even Book, the closest competitor, is still about $50,000 behind. If you own in Kelly, you are sitting at the premium end of this corner of Hamilton.

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

    Here is the thing about your city tax assessment - it is a snapshot from the past. The city runs its assessment cycle on a fixed schedule, which means by the time that number lands in your mailbox, the market has already moved on without it.

    The HonestDoor Price is different. It updates in real time using actual sales data, current market signals, and neighbourhood-level trends. Right now, with Kelly up 7.53% and sitting 13th out of 207 neighbourhoods in Hamilton, the gap between what the city says your home is worth and what a buyer would actually pay could be significant.

    That gap is your equity. Knowing it is not just interesting - it is useful. Whether you are refinancing, reviewing your insurance coverage, or just keeping score, the HonestDoor Price gives you the real-world number, not last year's guess.

    The So What: Thinking About Selling This Summer?

    If selling has crossed your mind, the data is giving you a green light to at least have the conversation. Here is why this summer looks interesting for Kelly sellers.

    • Values are rising - a 7.15% recent change is not something to ignore
    • Rental demand is strong at $6,331 per month average, which means investors are watching Kelly too
    • Airbnb potential at $315 per night ranks Kelly 17th in all of Hamilton for short-term income - buyers who want flexibility will pay for that
    • Your competition in nearby hoods is cheaper, which means serious buyers looking at this part of Hamilton will see Kelly as the premium option

    The market is not screaming. It is not crashing. It is doing something better for sellers - it is steadily climbing with real data behind it. If you have been waiting for a sign to get a proper valuation done, this is it. Pull your HonestDoor Price, compare it to your assessment, and you will have a much clearer picture of where you actually stand.

    Kelly is not just holding its value. It is building on it. That is worth knowing.

    kelly | hamilton | august 2026

    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.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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