If you've been watching the "For Sale" signs in Lampman lately, here's what's actually happening. The market is taking a breather - but your property value is still sitting well above the million-dollar mark. That's not nothing.
Let's break it down by property type, because houses and condos are telling two very different stories right now.
The average HonestDoor Price for a house here is $1,120,698 - up 0.46% from the previous period. That's a modest gain, but a gain. The 3-month moving average sits at $1,126,223, and the predicted market value is $1,115,569, so we're seeing a slight softening in the short term. Recent price change is sitting at -1.29%, which puts us at rank 104 out of 201 neighbourhoods in Hamilton for growth. Below average on the leaderboard, yes - but we're still talking about homes worth over a million dollars.
For landlords or anyone thinking about renting out, the numbers are solid. Estimated rent comes in at $4,531 per month with a rental yield of 4.53%. That's a moderate but respectable return. Airbnb potential is around $225 per night, and Lampman ranks 61st in Hamilton for short-term rental income - not the top of the pack, but competitive.
How do we stack up against the neighbours? Falkirk West houses average $905,514 and Horning comes in at $1,114,249 - both cheaper than Lampman. Marritt edges us out slightly at $1,132,522. We're in good company at the top end of the market.
Condos are a different story - and honestly, a more complicated one. The average HonestDoor Price is $690,323, which is up 7.35% from the previous period. That's a strong jump. But the predicted market value right now is $643,075, down from a 3-month moving average of $657,082. Recent price change is -4.85%, and the growth rank is 142 out of 188 neighbourhoods for condos in Hamilton. That puts condo growth in below-average territory on the leaderboard.
Rental income for condos is estimated at $3,279 per month, with a yield of 3.56% - moderate returns. Airbnb potential is $163 per night, and Lampman ranks 41st in Hamilton for condo short-term rentals. That's actually a decent spot for Airbnb investors.
Compared to nearby condos, Lampman still leads. Falkirk West sits at $525,332 and Horning at $603,854 - both well below us. Marritt is slightly ahead at $753,860. So even with the recent dip, we're holding a strong position in the local condo market.
Here's the thing most Lampman homeowners don't realize. Your city tax assessment is a snapshot frozen in time. It gets updated on a schedule that has nothing to do with what's happening on your street right now. The HonestDoor Price is a real-world check - it pulls in current sales data, market shifts, and comparable properties to give you a live number, not a stale one.
With house values sitting at $1,120,698 on average and the market moving month to month, the gap between your assessment and your actual market value could be significant. That gap matters when you're deciding whether to sell, refinance, or even just figure out if your insurance coverage makes sense. Don't let the city's outdated number be the one guiding your biggest financial decision.
If you're a house owner in Lampman and you're thinking about listing this summer, here's the honest take. Values are slightly off their 3-month peak, and the growth rank of 104 out of 201 tells us this isn't a runaway market right now. But you're still sitting on a property worth over $1.1 million in a neighbourhood that beats out most of Hamilton's west end. Timing matters, and waiting for a big rebound isn't guaranteed.
For condo owners, the picture is a bit more cautious. A -4.85% recent price change and a growth rank of 142 out of 188 means the condo segment here is under some pressure. If selling is on your radar, sooner may be smarter than later while your HonestDoor Price still shows that 7.35% gain from the previous period.
Either way, the first move is knowing your real number - not the city's number. Check your HonestDoor Price, compare it to what's selling nearby, and make your call from there. That's how smart Lampman homeowners play it.
lampman | hamilton | september 2026This 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.