Kelly, Hamilton - September 2026 Real Estate Report

Kelly, Hamilton: Your Home Is Worth More Than You Think

The Headline

If you own a home in Kelly, Hamilton, your neighbour just got a very pleasant surprise when they checked their HonestDoor Price. Values are up, demand is real, and the city's tax assessment is already falling behind. Here is what is actually going on.

The Vibe - What the Numbers Are Telling Us

We are sitting in one of Hamilton's strongest-performing pockets right now. The average HonestDoor Price for a house in Kelly has climbed to $1,978,190 - that is nearly an 8% jump from the previous period. Let that sink in. On a home worth close to two million dollars, an 8% move is not a rounding error. That is real money.

The predicted market value for houses here sits at $1,831,794, and it is trending upward from a 3-month moving average of $1,708,351. The direction of travel is clear. Prices are not drifting - they are climbing with purpose.

• Average HonestDoor Price: $1,978,190
• Recent price change: up 7.99%
• Predicted market value: $1,831,794
• 3-month moving average: $1,708,351
• Rental estimate: $6,708 per month
• Rental yield: 3.94%
• Airbnb estimate: $333 per night
• Airbnb rank in Hamilton: 11th
• Growth rank: 8th out of 201 neighbourhoods in Hamilton

That growth rank is worth pausing on. Out of 201 neighbourhoods tracked across Hamilton, Kelly sits at number 8. We are not just doing well - we are near the top of the leaderboard. Most of the city is watching us from behind.

On the rental side, $6,708 a month in estimated rent with a 3.94% yield puts Kelly in solid territory for investors. It is not a home-run yield, but on a nearly two-million-dollar asset that is also appreciating at close to 8%, the total return picture looks pretty good. And if short-term rentals are your thing, $333 a night on Airbnb with an 11th-place ranking across all of Hamilton is nothing to ignore.

How We Stack Up Against the Neighbours

Context matters. Here is how Kelly compares to the streets around us.

• Shaver: HonestDoor Price $1,035,170 - Rental $4,286 per month
• Leeming: HonestDoor Price $1,177,106 - Rental $4,690 per month
• Book: HonestDoor Price $1,878,304 - Rental $6,570 per month

Every single one of those nearby neighbourhoods comes in cheaper than Kelly. Even Book, which is the closest competitor at $1,878,304, is still roughly $100,000 behind our average. That gap is not an accident. It reflects what buyers are actually willing to pay to be in Kelly specifically.

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 sets it, it sits there, and it does not move until the next assessment cycle rolls around. Meanwhile, your home's real-world value has already moved - in Kelly's case, by nearly 8%.

The HonestDoor Price is updated in real time using actual market activity. It is not a government estimate built on old data. It is the closest thing you have to knowing what a buyer would actually write a cheque for today. 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, not the assessment sitting in a drawer somewhere.

With Kelly sitting at a nearly $2 million average and climbing, the gap between your assessment and your real value could be significant. That gap has real consequences for how you plan.

The So What - Thinking About Selling This Summer?

Honestly? The timing is interesting. Here is the straight version of what this data means for you.

Values are up close to 8% recently. We rank 8th out of 201 Hamilton neighbourhoods for growth. Buyers looking at Kelly are not finding cheaper alternatives nearby - every surrounding street costs less. That means Kelly is not just holding value, it is holding a premium.

If you have been sitting on the fence about listing this summer, the market is not giving you a reason to wait. The momentum is here now. A home priced accurately against the current HonestDoor Price - not last year's assessment - is going to attract buyers who have already done their homework and know what Kelly is worth.

The one honest caveat: no market goes straight up forever. Kelly is performing well right now, but "taking a breather" is always a possibility. If selling is on your radar, getting a current HonestDoor Price and talking to a local agent about timing makes a lot more sense than waiting to see if another 8% materializes.

Bottom line - if you own in Kelly, your asset is working hard for you. Make sure you actually know what it is worth.

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.