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

Kenmount Park South, Mount Pearl: Prices Are Shifting - Here Is What Your Home Is Actually Worth Right Now

The Vibe on the Ground

If you have been watching the "For Sale" signs around Kenmount Park South lately, here is the honest picture. We are in a market that is taking a breather. Values have dipped, but the story is not the same for every property type - and that gap matters a lot depending on what you own.

Houses: Taking a Breather

For us house owners in Kenmount Park South, the numbers are pointing downward right now. The average HonestDoor Price sits at $259,083 - down 2.76% from the previous period. The predicted market value is $266,438, and that is already slipping below the 3-month moving average of $271,472. Recent price change clocks in at -4.35%.

On the neighbourhood leaderboard, houses here rank 23 out of 28 in Mount Pearl for growth. That puts us near the bottom of the pack compared to other local neighbourhoods. Not a panic moment, but not a number to ignore either.

The silver lining? If you are a landlord or thinking about becoming one, the rental picture is solid. Estimated rent runs $1,435 per month with a rental yield of 6.04%. That is a strong return by any measure.

• HonestDoor Price: $259,083 (down 2.76%)
• Predicted Market Value: $266,438
• 3-Month Moving Average: $271,472
• Recent Price Change: -4.35%
• Estimated Monthly Rent: $1,435
• Rental Yield: 6.04%
• Airbnb Estimate: $69 per night
• Growth Rank: 23 out of 28 in Mount Pearl

For context, nearby Kenmount Park North is fetching an average HonestDoor Price of $290,559 and Centennial Square sits at $285,245. Both are ahead of us right now. Mount Carson Avenue is in a different league at $386,887. That gap is worth keeping in mind if you are weighing a move within Mount Pearl.

Condos: A Different Story Entirely

Here is where it gets interesting. Condo owners in Kenmount Park South are sitting in a much stronger position on the leaderboard. Condos rank 3 out of 26 in Mount Pearl for growth. That is a top-tier result in this city.

The average HonestDoor Price for condos is $313,800. Yes, that is down 20.09% from the previous period - a big swing - but the predicted market value tells a more optimistic story at $392,700. That predicted value edges out nearby Mount Carson Avenue ($392,300) and Kenmount Park North ($392,600), which means condos here are actually holding their own against the competition.

Rental income potential for condos is strong too, with an estimated $2,060 per month and a rental yield of 4.04%.

• HonestDoor Price: $313,800 (down 20.09%)
• Predicted Market Value: $392,700
• 3-Month Moving Average: $392,767
• Recent Price Change: -3.61%
• Estimated Monthly Rent: $2,060
• Rental Yield: 4.04%
• Airbnb Estimate: $82 per night
• Growth Rank: 3 out of 26 in Mount Pearl

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

Here is the thing about your city assessment - it is a snapshot from the past. It does not know that values in Kenmount Park South have been moving in the last few months. It does not adjust for what is happening on your street this season.

The HonestDoor Price is a real-world check updated in real time. Right now, with house values down 4.35% recently and condo values shifting, the gap between what the city thinks your home is worth and what a buyer would actually pay could be significant. That gap affects everything - from how you price a listing to how you negotiate. Checking your HonestDoor Price today means you are working with current data, not last year's numbers.

The So What - Should You Sell This Summer?

If you own a house in Kenmount Park South and you are thinking about listing this summer, be realistic about pricing. The market is softer than it was, and buyers know it. Coming in sharp on price will matter more than it did a year ago. The good news is that strong rental yields mean your property has real income appeal if you decide to hold instead.

If you own a condo, you are in a better spot. A top-3 growth rank in Mount Pearl is a genuine selling point. Lead with that. Your predicted value is competitive with the best addresses nearby, and that is a story worth telling to buyers.

Either way, do not walk into a summer listing based on a stale assessment. Pull your HonestDoor Price first. Know your number. Then decide.

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.