Marquis, Edmonton - August 2026 Real Estate Report

Marquis, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a place in Marquis and you have not checked your HonestDoor Price lately, now is the time. The city's assessment is already behind the curve - and the gap is only getting wider.

The Vibe: What Is Actually Happening in Marquis Right Now

Marquis is quietly putting up strong numbers. We have 366 assessed properties in the neighbourhood and 31 transactions recorded in 2026. That is real activity, not just noise. Here is the quick snapshot for houses:

• Average sale price: $600,000
• Price per square foot: $316
• Predicted market value: $520,529 - up from the 3-month average of $507,332
• Recent value change: 3.13%
• Estimated rent: $2,522 per month
• Rental yield: 5.60% - that is a strong return
• Growth rank: 21 out of 292 Edmonton neighbourhoods
• Price rank: 84 out of 285 Edmonton neighbourhoods

That growth rank is the number to pay attention to. Top 21 out of 292 neighbourhoods puts Marquis houses firmly on the Edmonton leaderboard - ahead of the vast majority of the city. Values are trending up, not sideways.

On the condo side, the story is even more interesting. The numbers here are for a smaller slice of the market, but they are hard to ignore:

• Average HonestDoor Price: $851,775
• Predicted market value: $913,750 - up from the 3-month average of $870,483
• Recent value change: 14.27%
• Estimated rent: $4,005 per month
• Rental yield: 3.01%
• Airbnb estimate: $190 per night
• Airbnb rank in Edmonton: 25 out of the entire city
• Growth rank: 3 out of 302 Edmonton neighbourhoods

Yes, you read that right. Condos in Marquis rank 3rd for growth out of 302 comparable neighbourhoods in Edmonton. That is not a typo. The predicted value of $913,750 also sits comfortably above nearby Rural North East Horse Hill at $735,980 - so we are not just growing fast, we are growing above the competition.

One note: the HonestDoor Price for condos has dipped 6.78% from the previous period. That is worth watching. But with a 14.27% recent value change and a top-3 growth rank, the longer trend is still pointing up.

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

Here is the honest truth about government assessments. They are a snapshot from the past. By the time the city mails out your assessment, the market has already moved on.

In Marquis, the average assessed value for houses sits at $512,425. The average HonestDoor Price is $523,006. That is a gap of roughly $10,500 - and the HonestDoor Price is already 2.06% higher than the Edmonton average assessed value. It updates in real time, pulling from actual sales data, not a once-a-year government calculation.

For houses, the predicted market value of $520,529 is climbing past that 3-month moving average of $507,332. That upward momentum is not reflected in any tax notice sitting on your kitchen counter right now. The HonestDoor Price is the real-world check - the number that tells you what your home is actually worth today, not what it was worth when the city last looked.

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

If selling has crossed your mind, Marquis is giving you a decent hand to play right now. Here is what the data is telling us:

• House values are trending up with a 3.13% recent change and a top-21 growth rank in the city
• The predicted market value is above the 3-month average - momentum is on your side
• At $316 per square foot, buyers are paying real money for Marquis homes
• A 5.60% rental yield means investors are paying attention to this neighbourhood too - and investor interest drives competition
• 31 transactions in 2026 shows the market here is active, not frozen

The short version: if you list this summer, you are not fighting an uphill battle. Values are moving in the right direction, the neighbourhood is ranked well against the rest of Edmonton, and buyers looking at this part of the city have real options - which means your home needs to be priced accurately, not based on a stale assessment.

Pull your HonestDoor Price before you call an agent. Know your number first. That is how you walk into any conversation with the upper hand.

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.