Kilkenny, Edmonton - July 2026 Real Estate Report

Kilkenny Real Estate Check-In: Your Home Is Worth More Than the City Thinks

If you own a home in Kilkenny and you have not looked at your HonestDoor Price lately, now is the time. The city's assessment is one number. What your property is actually worth on today's market is another - and in Kilkenny, that gap is real money.

The Vibe: What Is Actually Happening in Our Neighbourhood

Kilkenny is a steady, working neighbourhood. We are not the flashiest block in Edmonton, but we are not bleeding value either. With 1,326 houses and 245 condos assessed this year, and 42 total transactions logged in 2026, there is genuine activity here. The story splits pretty clearly when you look at houses versus condos, so let us break it down.

Houses: Taking a Breather, But Not Broken

If you have been watching the "For Sale" signs on the house side of Kilkenny, here is what is actually happening. Sales are down month-over-month - the average sale price sits at $350,500, which is a 19% dip from last month. That sounds alarming, but context matters: only 3 houses sold this month. With small sample sizes, one outlier sale swings the average hard. The bigger picture is more stable.

• Average sale price (this month): $350,500
• Average list price (this month): $474,900
• Price per square foot: $308
• Sale-to-list ratio: 96.86% - buyers are getting a small discount
• Average days on market: 32 days
• HonestDoor predicted market value: $405,389
• 3-month moving average: $404,334 - values are creeping up
• Estimated monthly rent: $2,112
• Rental yield: 5.81% - that is a strong return for a house
• Neighbourhood growth rank: 128 out of 302 - above average in Edmonton
• Days-on-market rank: 30 out of 103 - houses here sell moderately fast

Buyers are paying just under list price, and homes are sitting for about a month. The market is cooling slightly, but houses in Kilkenny are still moving. A 5.81% rental yield is genuinely solid - that tells us the fundamentals here are healthy even if the month-to-month sale price looks choppy.

Condos: Small Numbers, Big Momentum

The condo side of Kilkenny is a different story - and honestly, a more interesting one right now. The HonestDoor Price for condos has dipped 4.01% recently, landing at $115,914. That is actually below the city's assessed value of $144,469, which is a signal worth paying attention to. The market is telling us something the assessment has not caught up to yet.

• Average sale price (this month): $166,790
• Average list price (this month): $199,000
• Price per square foot: $167
• Sale-to-list ratio: 96.73% - buyers are negotiating below list
• Average days on market: 22 days
• HonestDoor predicted market value: $120,759
• 3-month moving average: $117,052 - values are climbing
• Estimated monthly rent: $664
• Rental yield: 4.35% - moderate but respectable
• Neighbourhood growth rank: 22 out of 296 - top performers in Edmonton
• Days-on-market rank: 15 out of 108 - condos here sell very fast

That growth rank is the headline. Kilkenny condos sit at 22nd out of 296 comparable neighbourhoods in Edmonton. That puts us in the top tier for momentum. Condos are also moving fast - 22 days on market is quick. If you own a condo here, that speed and growth rank matter when you are deciding when to list.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the honest truth about government assessments. They are calculated once a year using data that is already months old by the time it lands in your mailbox. The city assessed the average Kilkenny house at $387,797. The HonestDoor Price for that same house is $414,971 - that is a $27,174 difference, and it reflects what the market is doing right now, not what it was doing last year.

That 7.01% gap between the assessed value and the HonestDoor Price is not a rounding error. It is the difference between underpricing your home and walking away with what it is actually worth. The HonestDoor Price updates in real time using live transaction data. The city's assessment does not. For anyone thinking about selling, refinancing, or just understanding their net worth, the HonestDoor Price is the real-world check you need.

On the condo side, the situation is reversed - the HonestDoor Price of $115,914 is running below the assessed value of $144,469. That is a gap of nearly $29,000 in the other direction. If you own a Kilkenny condo and you are banking on the assessed value as your baseline, you may be working with an inflated number. Better to know now than at the negotiating table.

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

If you are a Kilkenny homeowner weighing a summer sale, here is the straight talk.

For houses, the market is not on fire, but it is not cold either. Homes are selling in about a month, buyers are paying close to list price, and the predicted value of $405,389 is trending upward from the 3-month average. You are not in a rush, but you are not in a panic either. Pricing sharp and presenting well will matter more than timing right now.

For condos, the fast days-on-market and top-tier growth rank suggest demand is real. If you price to the HonestDoor value rather than the inflated assessed value, you are more likely to attract serious buyers quickly rather than sitting and chasing the price down.

One more thing worth knowing - Kilkenny sits in a competitive pocket of north Edmonton. Mayliewan next door is averaging $540,487 for houses. Mc Leod is at $425,718. We are priced below both, which means buyers who get priced out of those neighbourhoods look at Kilkenny next. That is a quiet advantage for sellers here.

• Kilkenny house HonestDoor Price: $414,971 (up 2.36%)
• Kilkenny condo HonestDoor Price: $115,914 (down 4.01%)
• Average house rental estimate: $2,156 per month
• Average Airbnb estimate: $107 per night
• Total 2026 transactions: 42
• Neighbourhood growth (houses): 0.06% year over year
• Neighbourhood growth (condos): 0.13% year over year

Bottom line - Kilkenny is a neighbourhood where knowing your real numbers gives you a real edge. Check your HonestDoor Price before you make any move.

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.