Kenmount Park South, Mount Pearl - August 2026 Real Estate Report

Kenmount Park South, Mount Pearl: What Your Neighbours Are Not Telling You About Home Values Right Now

The Vibe on the Ground

If you live in Kenmount Park South and you have been quietly wondering what your place is actually worth, here is the honest answer: it depends a lot on what type of property you own. Houses and condos are telling two very different stories right now, and knowing which story is yours could change what you do next.

Houses - Taking a Breather, But Not Done

Our houses are in a bit of a cooldown. The average HonestDoor Price sits at $266,438, which is down 4.35% from the previous period. That sounds like bad news, but hold on. The predicted market value for houses is $278,556 - and that number is climbing above the 3-month moving average of $268,050. In plain terms, the short-term dip looks like it is already correcting itself.

On the neighbourhood leaderboard, our houses rank 9 out of 28 comparable neighbourhoods in Mount Pearl for growth. That puts us solidly in above-average territory. We are not leading the pack, but we are not chasing it either.

• Average HonestDoor Price: $266,438 (down 4.35%)
• Predicted Market Value: $278,556 (trending up)
• 3-Month Moving Average: $268,050
• Recent Value Change: 3.39%
• Estimated Monthly Rent: $1,435 - $1,496
• Rental Yield: 6.02% - strong returns for landlords
• Airbnb Estimate: $71 per night
• Growth Rank: 9 out of 28 in Mount Pearl

That 6.02% rental yield is worth pausing on. For anyone holding a house here as a rental, that is a genuinely strong number. It means the rent covers a healthy chunk of carrying costs compared to what the property is worth.

Condos - A Different Story

Condo owners, here is where we need to be straight with each other. The average HonestDoor Price for condos is $392,700, down 3.61% from the previous period. The predicted value of $407,400 is only barely above the 3-month moving average of $406,700, so the upward momentum is there but it is thin.

The bigger number to watch is the growth rank: 24 out of 26 comparable neighbourhoods in Mount Pearl. That puts our condos among the bottom performers in the city right now. Nearby Kenmount Park North and Mount Carson Avenue are both edging us out on predicted value.

• Average HonestDoor Price: $392,700 (down 3.61%)
• Predicted Market Value: $407,400 (slightly above moving average)
• 3-Month Moving Average: $406,700
• Recent Value Change: 7.72%
• Estimated Monthly Rent: $2,060 - $2,130
• Rental Yield: 4.03% - moderate returns
• Airbnb Estimate: $102 per night
• Airbnb Rank in Mount Pearl: 6 out of comparable areas
• Growth Rank: 24 out of 26 in Mount Pearl

The one bright spot for condo owners is the Airbnb rank of 6 in Mount Pearl. If you are running a short-term rental or thinking about it, this neighbourhood pulls decent demand. At $102 per night, that is a real number worth running the math on.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is something most homeowners in Kenmount Park South do not think about until it is too late. Your city assessment is a snapshot from the past. It gets updated on a schedule, not in real time. The market does not wait for that schedule.

The HonestDoor Price is updated continuously using actual sales data, market trends, and real-world signals. Right now, the gap between what the city thinks your home is worth and what a buyer would actually pay could be thousands of dollars in either direction. For houses, the predicted value of $278,556 is already sitting above the current HonestDoor Price of $266,438. That gap is your real-world check. It tells you the market sees more upside than the current number reflects.

Waiting for your next tax assessment to figure out your home's value is like checking last year's weather forecast to decide what to wear today. Check your HonestDoor Price now, not later.

The So What - Thinking About Selling This Summer?

If you own a house in Kenmount Park South and you are thinking about listing this summer, the timing is not terrible. The predicted value is trending up, the rental yield is strong which means investors are paying attention, and a growth rank of 9 out of 28 gives you a decent story to tell buyers. The short-term price dip looks like a blip, not a trend.

If you own a condo, be honest with yourself. A growth rank of 24 out of 26 means you are competing in a tougher spot. That does not mean you cannot sell - it means you need to price sharp and not get greedy. The 7.72% recent value change shows there is movement, but the leaderboard position says buyers have options nearby.

Either way, the move right now is to pull your HonestDoor Price, compare it to what you paid, and have a real conversation about what summer 2025 actually looks like for your specific property. The data is there. Use it.

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.