Kortright Hills, Guelph - August 2026 Real Estate Report

Kortright Hills Real Estate Check-In: Prices Are Sliding - Here Is What That Means for You

If you have been keeping an eye on your home's value in Kortright Hills, the honest answer right now is this: prices are dipping, not crashing. There is a difference, and knowing which one you are dealing with changes everything about your next move.

The Vibe: Houses vs. Condos in Kortright Hills

Let's break down what we are actually seeing on the ground for the two main property types in our neighbourhood.

Houses

The average HonestDoor Price for a house in Kortright Hills sits at $1,065,423. That is down 0.56% from the previous period, and the 3-month moving average of $1,077,339 confirms the trend - values are easing off their peak. The predicted market value right now is $1,071,402.

On the leaderboard, houses here rank 21 out of 22 comparable Guelph neighbourhoods for growth. That is a number worth sitting with. It does not mean the sky is falling, but it does mean we are in the bottom tier for price momentum right now. The market is taking a breather.

Here is the silver lining for landlords and investors in the mix: estimated rent comes in at $4,397 to $4,414 per month, with a rental yield of 4.57%. That is a moderate but real return. And if short-term rentals are on your radar, Kortright Hills ranks 4th in Guelph for Airbnb potential, with an estimated $218 to $219 per night.

• Average HonestDoor Price: $1,065,423
• Recent price change: -1.59%
• 3-month moving average: $1,077,339
• Estimated monthly rent: $4,397 - $4,414
• Rental yield: 4.57%
• Airbnb estimate: $218 - $219 per night
• Airbnb rank in Guelph: 4th
• Growth rank: 21 out of 22 in Guelph

For context, nearby neighbourhoods are cheaper. Tbd5 houses average $940,913, Hanlon Creek comes in at $836,287, and Tbd6 sits at $779,992. We are still the premium address in this pocket of Guelph.

Condos

Condos in Kortright Hills tell a slightly different story - and honestly, a more encouraging one. The average HonestDoor Price is $614,417, down 4.43% from the previous period. The predicted value is $642,870, against a 3-month moving average of $646,459. So yes, there is some softening here too.

But flip to the growth leaderboard and condos land at 7 out of 23 comparable Guelph neighbourhoods. That puts us in the above-average tier - a much better position than our houses are sitting in right now.

• Average HonestDoor Price: $614,417
• Recent price change: +0.33%
• 3-month moving average: $646,459
• Estimated monthly rent: $3,000 - $3,100
• Rental yield: 3.56%
• Airbnb estimate: $149 per night
• Airbnb rank in Guelph: 6th
• Growth rank: 7 out of 23 in Guelph

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

Here is the thing about your city assessment - it is a snapshot from the past. The city looks at sale data from a fixed point in time and applies it across the board. It does not know that prices in Kortright Hills have shifted in the last few months. It does not adjust for what is happening on your street this week.

The HonestDoor Price is a real-world check. It pulls from current market signals and updates continuously. Right now, with house values sitting at $1,065,423 and moving, your assessment could be telling you a number that is either too high or too low - and both of those have real consequences. Too high means you might be overpaying on property tax. Too low means you could be leaving money on the table if you sell.

Checking your HonestDoor Price today takes two minutes. Waiting for the next assessment cycle could cost you a lot more than that.

The So What - Should You Sell in Kortright Hills This Summer?

If you are thinking about listing this summer, here is the straight talk: the window is not closed, but it is narrowing for houses. With a growth rank of 21 out of 22 and values down nearly 1.6% recently, buyers in our neighbourhood have a bit more leverage than they did a year ago. Pricing sharp and presenting well matters more right now than it did when everything was flying off the market.

That said, you are still selling a house worth over a million dollars in a city where the surrounding neighbourhoods are priced significantly lower. Kortright Hills still carries a premium. Use that.

For condo owners, the picture is a bit brighter. A growth rank of 7 out of 23 means you are holding your own relative to the rest of Guelph. If your unit is in good shape, summer is a reasonable time to test the market.

Bottom line: do not guess at your number. Pull your HonestDoor Price, compare it to what sold nearby, and make a decision based on what the market is actually doing - not what it was doing two years ago.

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.