Killarney, Edmonton - July 2026 Real Estate Report

Killarney, Edmonton: Your Home Is Worth More Than The City Thinks

If you own a home in Killarney and you have not looked at your HonestDoor Price lately, you are leaving real money on the table. The city's assessment says the average house here is worth $374,329. The actual market says something very different.

The Vibe - What Is Really Happening in Killarney Right Now

Let's break it down by property type, because houses and condos are telling two different stories right now.

Houses - Steady, But Taking a Breather

The average sale price for a house in Killarney sits at $407,875, which is down a slight 0.1% from last month. Listings are averaging $397,500, and homes are selling at about 96.29% of list price - meaning buyers are negotiating a bit of room. That is not a crash. That is a market where sellers still hold cards, but buyers are getting a little bolder.

• Average sale price: $407,875
• Average list price this month: $397,500
• Price per square foot: $342
• Average days on market: 64 days
• Properties sold last month: 4 (down 20% from the month before)
• Sale-to-list ratio: 96.29%
• Predicted market value: $452,946
• Rental yield: 5.79%

That 64-day average on market is worth paying attention to. Killarney houses rank 59 out of 103 Edmonton neighbourhoods for days on market - which puts us in the slower half. Pricing your home right from day one matters more here than in hotter pockets of the city. Overpricing will cost you weeks, not days.

The rental picture is genuinely strong. At a 5.79% yield and an estimated $2,190 per month in rent, a Killarney house as an investment property pencils out well. That is not a number you see everywhere in Edmonton right now.

Condos - A Momentum Play Worth Watching

Condos in Killarney are a different conversation. The HonestDoor Price for condos here is $324,178, and it has jumped 3.39% from the previous period. That is real movement. The predicted market value sits at $313,544, which is trending up from the 3-month moving average of $312,695.

• Average HonestDoor Price: $324,178 (up 3.39%)
• Predicted market value: $313,544
• 3-month moving average: $312,695
• Estimated monthly rent: $1,677
• Rental yield: 4.17%
• Airbnb estimate: $86 per night

The honest caveat here: condo values have dipped 4.67% recently, and the growth rank sits at 258 out of 296 Edmonton neighbourhoods. That puts Killarney condos in the bottom tier for growth right now. If you own a condo here and are thinking about selling, the 3.39% HonestDoor Price bump is a window - not a guarantee it keeps climbing.

One interesting comparison: nearby Delton condos are averaging $329,874 in predicted value, slightly ahead of Killarney. Worth knowing if you are shopping the area.

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

Here is the thing about Edmonton's official assessments. They are a snapshot from the past. The city assessed the average Killarney home at $374,329. The HonestDoor Price for houses here is $455,721. That is a gap of 21.74% - and that gap represents real dollars you could be walking away from if you price based on your tax notice.

HonestDoor updates constantly using real transaction data, market trends, and current listings. The city's number is updated once a year and reflects what the market looked like months ago. In a neighbourhood where 847 properties were assessed and 52 transactions happened in 2026 alone, the market is moving faster than any annual assessment can track.

Think of your HonestDoor Price as the real-world check. It is what a buyer sitting on Realtor.ca right now is actually willing to pay - not what a government formula calculated last winter.

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

If you are a Killarney homeowner eyeing a summer sale, here is the straight talk.

The house market is cooling slightly - fewer sales, longer days on market, and buyers negotiating below list. But "cooling" does not mean "bad." It means you need a sharper strategy. Homes that are priced accurately from the start are still selling. The ones sitting for 64-plus days are usually the ones that started too high.

On the neighbourhood leaderboard, Killarney houses rank 212 out of 302 Edmonton neighbourhoods for growth. That is below average. But here is the flip side - the overall neighbourhood transaction rank is 31 in Edmonton. That means Killarney is one of the more active markets in the city by volume. Buyers are coming here. The demand is real.

Compared to nearby options, Killarney is priced higher than Glengarry ($367,158 HonestDoor Price), Delton ($347,977), and Yellowhead Corridor East ($261,607). If buyers are comparison shopping this pocket of Edmonton, Killarney needs to justify its premium - and with a 5.79% rental yield and strong transaction volume, it can.

• Best move for sellers: Get your HonestDoor Price before you call an agent. Know your real number first.
• Best move for landlords: A $2,205 monthly rental estimate on a house is hard to ignore. Hold if you can.
• Best move for condo owners: Watch the next 60 days closely. The 3.39% bump is encouraging, but the growth rank says the momentum is fragile.

Killarney is not the flashiest neighbourhood on Edmonton's leaderboard right now. But it is active, it is undervalued by the city's own numbers, and for the right seller with the right price, this summer still has opportunity in 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.