Marpole, Vancouver - September 2026 Real Estate Report

Marpole Real Estate Right Now: Prices Are Holding, But the Market Is Quiet

If you own a home in Marpole and you haven't checked your actual market value lately, now is the time. Your city assessment is telling one story. The real market is telling another - and the gap is significant.

The Vibe: What's Happening on Our Streets

Let's be straight with each other. Marpole is not on fire right now, but it's not falling apart either. It's taking a breather. Here's the split between houses and condos, because they are moving very differently.

Houses in Marpole

If you've been watching the "For Sale" signs on the house side, here's what's actually happening. Only 1 house sold last month - that's down 50% from the month before. The average sale price came in at $1,408,000, which is down 8.6% from last month. Low volume means those numbers can swing hard with just one sale, so don't panic, but don't ignore it either.

• Average Sale Price: $1,408,000 (down 8.6% from last month)
• Price Per Square Foot: $800
• Properties Sold: 1 (down 50% from last month)
• HonestDoor Predicted Value: $2,374,171
• 3-Month Moving Average: $2,363,448 (values are trending up slightly)
• Estimated Monthly Rent: $7,665
• Rental Yield: 3.64%
• Neighbourhood Growth Rank: 14 out of 23 in Vancouver - below average on the leaderboard
• Price Rank: 13 out of 22 in Vancouver - below average

The predicted market value is actually creeping up against the 3-month average, which is a quiet positive signal. It means the underlying value is holding even when sales volume dips.

Condos in Marpole

The condo side is where things get interesting - and a little complicated. Three condos sold last month at an average of $593,000, down 11% from the month before. Sales were also down 25%. That said, Marpole condos are still outselling Bridgeport condos on price ($534,000 there vs. $593,000 here), so we're holding a relative edge in the neighbourhood.

• Average Sale Price: $593,000 (down 11% from last month)
• Price Per Square Foot: $898
• Properties Sold: 3 (down 25% from last month)
• HonestDoor Predicted Value: $2,274,819
• 3-Month Moving Average: $2,293,460 (values are dipping slightly)
• Estimated Monthly Rent: $6,585
• Rental Yield: 2.66%
• Airbnb Rank in Vancouver: 2nd - that's a strong short-term rental position
• Neighbourhood Growth Rank: 18 out of 22 in Vancouver - bottom of the leaderboard right now
• Price Rank: 13 out of 22 in Vancouver - below average

The condo predicted value is sliding slightly below its 3-month average, and the growth rank of 18 out of 22 puts us near the bottom of the Vancouver leaderboard for now. The bright spot? That Airbnb rank of 2nd in the city means short-term rental income potential here is genuinely strong.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here's the number that should get your attention. The city's average assessed value for a Marpole house is $2,222,672. The average HonestDoor Price is $2,356,843. That's a gap of over $134,000 - and the HonestDoor Price is updated in real time, not once a year.

For condos, the gap is even more dramatic. The average assessed value sits at $692,074. The average HonestDoor Price is $2,381,818. That's 244% higher than what the city has on the books. Your tax assessment is a snapshot from the past. The HonestDoor Price is what the market is actually doing right now.

If you're making any financial decision - refinancing, selling, even just understanding your net worth - using a stale government number is leaving real information on the table. The HonestDoor Price is your real-world check against a system that updates too slowly to be useful.

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

Here's the honest take for anyone considering listing in Marpole this summer.

• Transaction volume is low - only 5 total property transactions recorded in 2026 so far. Less competition can work in your favour if you price right.
• Neighbourhood growth is down 0.08% year over year. Not a crash, but not momentum either.
• Nearby, Oakridge is priced much higher (house HonestDoor Price of $3,464,548) and growing faster. Kerrisdale is even higher at $5,861,600. Marpole is still the more accessible entry point into this corridor.
• Bridgeport is cheaper at $1,497,692 for houses and declining slightly slower. If buyers are price-sensitive, they may look there first.
• Rental demand is real. A $7,640 monthly rental estimate on a house is a strong story to tell a buyer who wants income potential.

The bottom line - if you're selling a house this summer, your HonestDoor Price of around $2,374,171 gives you a credible, current anchor for your listing conversation. Don't walk into that meeting armed with a city assessment that's already behind the market. Know your real number first.

For condo owners, the softening predicted value and lower growth rank mean timing matters more. A slower market rewards sellers who price sharp from day one rather than chasing the market down with reductions.

Check your HonestDoor Price at honestdoor.com - it's free, it's current, and it's the number that actually reflects what Marpole buyers are paying today.

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.