Major Bennett, Peterborough - October 2026 Real Estate Report
Major Bennett, Peterborough: Your Neighbour Just Asked If Now Is a Good Time to Sell
If you own a home in Major Bennett and you haven't checked your property value lately, here's the honest answer: the market is taking a breather, but houses here are still punching above their weight in Peterborough. Condos are a different story. Let's break it down.
The Vibe: Houses vs. Condos in Major Bennett
For those of us with houses in the neighbourhood, the picture is actually pretty solid. The average HonestDoor Price sits at $691,095. Yes, that's down 4.78% from the previous period - but the forward-looking predicted value tells a more encouraging story at $725,771, which is climbing past the 3-month moving average of $712,027. That upward momentum matters. Our house growth rate ranks 4 out of 24 comparable neighbourhoods in Peterborough. That puts us near the top of the leaderboard, and that's not nothing.
- Average HonestDoor Price (Houses): $691,095
- Predicted Market Value: $725,771
- 3-Month Moving Average: $712,027 - and we're trending above it
- Recent Value Change: up 1.28%
- Growth Rank: 4 out of 24 neighbourhoods in Peterborough
- Average Rental Estimate: $3,229 per month
- Rental Yield: 5.22% - that's a strong return
- Airbnb Estimate: $160 per night (ranked 9th in Peterborough)
Condos are a different conversation. The average HonestDoor Price for condos here is $350,439, down 3.84%. The predicted value of $364,448 is actually sitting below the 3-month moving average of $373,132 - meaning the trend is pointing downward right now. The growth rank for condos is 14 out of 22 neighbourhoods, which puts us in below-average territory. If you own a condo in Major Bennett, you need to know this before you make any moves.
- Average HonestDoor Price (Condos): $350,439
- Predicted Market Value: $364,448
- 3-Month Moving Average: $373,132 - and we're trending below it
- Recent Value Change: -1.06%
- Growth Rank: 14 out of 22 neighbourhoods in Peterborough
- Average Rental Estimate: $1,857 per month
- Rental Yield: 4.09% - moderate, not spectacular
- Airbnb Estimate: $92 per night (ranked 22nd in Peterborough)
One more thing worth knowing: our houses are priced higher than nearby Lansdowne ($638,925 predicted) and Kawartha ($623,556 HonestDoor Price). Sir Sandford Fleming is the pricier neighbour at $821,469. For condos, every nearby neighbourhood - Lansdowne, Sir Sandford Fleming, and Kawartha - is actually priced higher than us. That's a gap worth paying attention to if you're a condo owner here.
The Secret Sauce: Why Your HonestDoor Price Beats Waiting for Your Tax Assessment
Here's the thing about your city assessment - it's a snapshot from the past. The municipal assessment process is slow, and by the time that number lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time, pulling from actual sales data happening right now in Major Bennett and the surrounding area.
For house owners, that gap between the current HonestDoor Price and the predicted value of $725,771 is exactly the kind of intel your tax assessment will never give you. You could be sitting on more equity than you think - or less. Either way, you deserve the real number, not a government estimate that's running months or years behind the market.
For condo owners, this matters even more right now. If your assessment was done during a stronger period, it may not reflect the softening we're seeing. Knowing your actual HonestDoor Price means you're negotiating, planning, and deciding with accurate information - not a stale number.
The So What: Thinking About Selling This Summer?
If you own a house in Major Bennett and you're thinking about listing this summer, the timing conversation is real. The market is off its peak - that 4.78% dip is honest and you should factor it in. But a top-4 growth rank out of 24 Peterborough neighbourhoods tells you this area has legs. Buyers looking at Lansdowne or Kawartha will find cheaper options, but they'll also find less growth momentum. That's your selling point.
A rental yield of 5.22% also means investors are paying attention to Major Bennett houses. That's a buyer pool you want showing up at your open house.
If you own a condo here and you're thinking about selling, move with more urgency. The predicted value is sliding below the 3-month average, the growth rank is below the midpoint, and nearby neighbourhoods are priced higher - which makes comparison shopping harder for you. Summer 2025 may still be a reasonable window, but waiting for the market to bounce back on its own is a gamble right now.
Bottom line: check your HonestDoor Price today. Not next month, not when the assessment arrives. Right now. The numbers are moving, and the neighbours who know their real value are the ones making smarter decisions.
major bennett | peterborough | october 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.