King City, King - July 2026 Real Estate Report

King City Real Estate Right Now: Big Money, Steady Ground

If you live in King City and you haven't checked your home's value lately, you're probably sitting on more than you think. Here's the straight story on what's happening in our market right now.

The Vibe: Houses vs. Condos

Let's start with houses, because that's where the big numbers live. The average HonestDoor Price for a house in King City is $3,335,412. Yes, that's real. It's down 1.93% from the last period, so the market is taking a breather - but don't confuse a small dip with a crash. The predicted value is actually sitting at $3,400,926, which is climbing above the 3-month moving average of $3,354,471. That tells us the short-term direction is still pointing up.

• Average HonestDoor Price (Houses): $3,335,412
• Predicted Market Value: $3,400,926
• 3-Month Moving Average: $3,354,471
• Recent Value Change: +3.00%
• Average Rental Estimate: $9,672 per month
• Rental Yield: 3.29%
• Airbnb Estimate: $480 per night
• Neighbourhood Growth Rank: 2 out of 4 in King - above average

On the rental side, $9,672 a month is serious income potential. And if you're thinking short-term rental, King City holds the number 1 Airbnb rank in King. That's not a small deal. It means our neighbourhood beats out the competition when it comes to short-stay demand.

Now for condos. We're in a different price range here, but the growth story is actually stronger. The average HonestDoor Price for a condo is $725,701, up 1.72% from the previous period. The predicted value is $713,462, and it's rising above the 3-month moving average of $688,297. Recent value change clocks in at 5.79%, and condos rank number 1 out of 4 comparable neighbourhoods for growth in King. That's the top spot on the leaderboard.

• Average HonestDoor Price (Condos): $725,701
• Predicted Market Value: $713,462
• 3-Month Moving Average: $688,297
• Recent Value Change: +5.79%
• Average Rental Estimate: $3,401 per month
• Rental Yield: 3.42%
• Airbnb Estimate: $169 per night
• Neighbourhood Growth Rank: 1 out of 4 in King - top of the pack

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. By the time it lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. It's the difference between checking yesterday's weather and looking out the window right now.

For King City homeowners, this gap matters a lot. We're talking about properties in the $3 million-plus range for houses. A 1% or 2% difference between your assessment and your real market value isn't a rounding error - it's tens of thousands of dollars. If you're making any financial decision based on your home's value, whether that's refinancing, estate planning, or just knowing where you stand, your HonestDoor Price is the number to trust.

Compare us to nearby neighbourhoods and the picture gets even clearer. Aurora South West is averaging $1,605,927 for houses. Richmond Hill Bathurst sits at $1,638,250. Aurora Centre South West comes in at $1,665,926. King City isn't just ahead - we're in a completely different weight class. Knowing your real value helps you understand exactly what that premium means for you.

The So What: Thinking About Selling This Summer?

If selling is on your mind, the data is giving you a reasonable green light - with some nuance. House prices dipped 1.93% recently, but the predicted value is above the moving average and the 3-month trend is climbing. That means we're not in freefall. We're in a market that's finding its footing after a run-up.

For condo owners, the case is even more straightforward. A 5.79% recent value change and the top growth rank in King means demand is real. If you've been waiting for a signal, this is a decent one.

The rental numbers also give sellers a useful piece of information. A buyer looking at a King City house knows they could pull in $9,672 a month in rent. That's a story you can tell in a listing. It makes the price feel justified, not just aspirational.

Bottom line - King City is still one of the most valuable addresses in the region. The market isn't sprinting right now, but it's not retreating either. Check your HonestDoor Price, know your real number, and make your move with clear eyes.

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.