If you own a home in Kelly, Hamilton, here is the honest truth your neighbour probably does not know yet - prices are climbing fast, and the city's tax assessment is almost certainly not keeping up. The average HonestDoor Price in Kelly right now is $2,164,401, up 9.41% from the previous period. That is not a small move. That is real money sitting in your walls.
We are in a strong seller's market here. Houses in Kelly are carrying a predicted market value of $1,978,190, and that number is trending upward - the 3-month moving average sits at $1,837,824, which means values have been climbing steadily, not spiking overnight. A 7.99% recent change in property values tells us this is not a one-week blip. This is a sustained run.
For those of us watching the street closely, Kelly is punching well above its weight in Hamilton. Our growth rate ranks 9 out of 198 neighbourhoods tracked in the city. That puts Kelly in the top 5% of all Hamilton neighbourhoods for growth. Not bad for a place most people outside the west end have not fully figured out yet.
Here is the thing about your city tax assessment - it is a snapshot from the past. It does not update in real time, and in a market moving as fast as Kelly's, that gap between what the city thinks your home is worth and what a buyer would actually pay today can be enormous. We are talking potentially hundreds of thousands of dollars of difference.
The HonestDoor Price is the real-world check on that number. It pulls from current market activity and updates continuously, so when Kelly jumps 9.41% in a period, your HonestDoor Price reflects that. Your tax assessment does not. If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number you should be looking at first.
And if you are thinking about income potential, the picture gets even more interesting. The average rental estimate in Kelly sits at $7,194 per month, with a rental yield of 3.85% - solid, moderate returns for a property at this price point. On the short-term side, the average Airbnb estimate comes in at $357 per night, ranking Kelly 9th in all of Hamilton for Airbnb potential. That is a real income option for owners who have the flexibility to use it.
If you have been sitting on the fence, here is what the numbers are telling us. Kelly is outperforming almost every other neighbourhood in Hamilton right now. Buyers looking at nearby areas are seeing lower price points - Shaver is averaging $1,079,855, Leeming sits at $1,179,010, and even Book, the closest in price, comes in at $2,012,442. Kelly is the premium option in this pocket of the city, and buyers know it.
Selling this summer means listing into a market where your home has already appreciated nearly 10% in the recent period and where demand from buyers priced out of other premium Hamilton pockets is real. The window where you can capture this kind of growth is not guaranteed to stay open forever. Markets take breathers. This one has not yet.
The move right now is simple - check your HonestDoor Price, compare it to your last tax assessment, and have an honest conversation about what that gap means for your next step. The data is already on your side.
kelly | hamilton | october 2026This 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.