Kensington, Winnipeg - August 2026 Real Estate Report

Kensington, Winnipeg: Prices Are Holding Steady - But There's More Going On Under the Hood

The Vibe Right Now

If you've been watching the "For Sale" signs on your block, here's what's actually happening. The house market in Kensington is in a stable, quiet stretch. One home sold last month, it moved in 15 days, and the buyer paid 96.56% of the asking price. That's not a crash - that's a calm, steady market where sellers are pricing close to reality and buyers are showing up.

The average sale price for houses sits at $275,100, essentially flat from last month. Listings are coming in around $284,900, so the gap between ask and sell is tight. For us locals, that means if you price your home right, you're not leaving much on the table.

• Average sale price - Houses: $275,100
• Average list price this month: $284,900
• Price per square foot: $265
• Average days on market: 15
• Sale-to-list ratio: 96.56%
• Properties sold last month: 1

The Secret Sauce - Your HonestDoor Price vs. That Old Assessment

Here's the thing most Kensington homeowners don't realize. The city's assessed value on your property tax notice is a snapshot from the past. It doesn't move with the market in real time. The HonestDoor Price does.

Right now, the average HonestDoor Price for Kensington is $391,689. The predicted market value for houses specifically is $399,411 - and that number is climbing above the 3-month moving average of $392,219. That upward momentum matters. It means the real-world value of homes here is trending in the right direction, even if the broader average dipped 1.93% from the previous period.

Your tax assessment won't tell you that. The HonestDoor Price is the real-world check - updated, data-driven, and a lot more useful if you're making a financial decision right now.

• HonestDoor Price (neighbourhood average): $391,689
• Predicted market value - Houses: $399,411
• 3-month moving average: $392,219
• Recent value change: up 3.35%

The Neighbourhood Leaderboard

Kensington doesn't always get the spotlight, but the numbers back it up. On growth rate, we rank 28 out of 193 Winnipeg neighbourhoods. That puts Kensington in the top 15% citywide for value momentum. On days-on-market, we rank 14 out of 71 - meaning homes here sell faster than almost everywhere else in the city. That's a big deal if you're a seller.

On price, we rank 157 out of 185, which makes Kensington one of the more affordable options in Winnipeg. Compare that to nearby West Wolseley at $469,689 or Polo Park at $1,526,568, and Kensington starts to look like a smart entry point without sacrificing growth potential.

• Growth rank: 28 out of 193 (top 15% in Winnipeg)
• Days-on-market rank: 14 out of 71 (very fast-selling)
• Price rank: 157 out of 185 (among the most affordable)
• Nearby - King Edward HonestDoor Price: $303,545
• Nearby - West Wolseley HonestDoor Price: $469,689
• Nearby - Polo Park HonestDoor Price: $1,526,568

The "So What?" - Thinking About Selling This Summer?

If selling is on your mind, the timing is worth a serious look. Homes in Kensington are moving in 15 days on average. Growth is ranked in the top tier citywide. And the predicted value of $399,411 is sitting above the recent moving average - which means the market is nudging upward, not pulling back.

The rental yield here is 5.99% with an estimated rent of $1,609 per month. That's a strong number. It tells you there's real demand for housing in this pocket of Winnipeg, which supports prices even when the broader market takes a breather.

The honest advice? Pull your HonestDoor Price before you do anything else. It gives you a current, data-backed number - not a government figure that could be a year or two behind. If your HonestDoor Price is closer to $399,000 than what your last assessment said, that gap is money you need to know about before you price your home or negotiate anything.

Kensington is affordable, fast-moving, and quietly climbing the Winnipeg growth rankings. That's a combination worth paying attention to.

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.