Kenner, Peterborough - September 2026 Real Estate Report

Kenner, Peterborough: What Your Home Is Actually Worth Right Now

If you live in Kenner and you haven't checked your HonestDoor Price lately, you might be working off numbers that are already out of date. Here's the straight story on what's happening in our corner of Peterborough.

The Vibe: Houses vs. Condos in Kenner

The two markets in Kenner are telling very different stories right now, and it's worth knowing which one you're in.

Houses: Things are holding steady. The average HonestDoor Price for a house sits at $540,226, down a modest 1.5% from last period - a small breather, not a crash. The predicted market value for houses is actually climbing, sitting at $548,452, up from the 3-month moving average of $542,730. That's the market telling you values are trending in the right direction. One home sold recently at $350,000, and it sold for 100.03% of list price - meaning the buyer paid above asking. That's a sellers' market signal, plain and simple.

• Average HonestDoor Price (Houses): $540,226
• Predicted Market Value: $548,452
• Average Sale Price: $350,000
• Sale-to-List Ratio: 100.03% - buyers paid over asking
• Days on Market: 24 days average
• Price per Square Foot: $292
• Estimated Monthly Rent: $2,713 - rental yield of 5.54%
• Growth Rank: 8 out of 24 neighbourhoods - above average in Peterborough

That rental yield of 5.54% is worth pausing on. For anyone holding a house in Kenner as an investment, that's a strong return compared to what a lot of other Peterborough neighbourhoods are producing.

Condos: This is where we need to be honest with each other. The condo market is taking a real breather. The average HonestDoor Price for condos is $627,165, which is down 43.5% from the previous period. The predicted market value is also dipping, sitting at $1,109,932 against a 3-month average of $1,111,490, with a recent value change of -5.03%. The growth rank here is 13 out of 22 - below average for Peterborough right now.

• Average HonestDoor Price (Condos): $627,165
• Predicted Market Value: $1,109,932
• Estimated Monthly Rent: $4,214 - rental yield of 3.15%
• Airbnb Rank in Peterborough: 5th - strong short-term rental potential
• Growth Rank: 13 out of 22 neighbourhoods - below average in Peterborough

The one bright spot for condo owners? Kenner ranks 5th in all of Peterborough for Airbnb potential, with an estimate of $142 per night. If you're sitting on a condo and wondering what to do with it, short-term rental is worth a serious look while the resale market finds its footing.

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

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what sold on your street last month. It doesn't factor in that buyers are currently paying over asking for houses in Kenner. It's basically a photo from a few years ago being used to describe what you look like today.

The HonestDoor Price is updated in real time using actual market activity. Right now, for houses in Kenner, that number is $540,226 on average - and the predicted value is already nudging higher at $548,452. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the number to start with, not the one on your tax notice.

For context, here's how Kenner stacks up against the neighbours:

• Monaghan: HonestDoor Price $479,335 - cheaper than Kenner for houses
• Otonabee: HonestDoor Price $553,119 - slightly more than Kenner
• Lansdowne: HonestDoor Price $668,033 - the pricier option nearby

Kenner sits in a solid middle position - more affordable than Lansdowne, with stronger growth rank than several surrounding areas. That's a good place to be on the neighbourhood leaderboard.

The So What - If You're Thinking About Selling This Summer

For house owners, the timing is genuinely decent. Buyers are paying over list price, properties are moving in about 24 days, and the predicted value is trending up. You're not in a panic market, but you're also not leaving money on the table if you list now. A 5.54% rental yield also means investors are watching Kenner - and investor buyers tend to move quickly.

For condo owners, be clear-eyed. The market is softer right now and the numbers show it. That doesn't mean don't sell - it means price it right from day one. An overpriced condo in a cooling segment sits. A well-priced one still moves. Check your HonestDoor Price, compare it to what's actually listed nearby, and have that honest conversation with your agent before you commit to a number.

Either way, the first step is the same - know your real number. Not the assessment. Not a guess. The HonestDoor Price, updated for what the market is doing right now in Kenner.

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.