Marquis, Edmonton - October 2026 Real Estate Report
Marquis, Edmonton: Your Neighbours Are Sitting on More Than They Think
If you own a home in Marquis and you have not looked at your property value since your last city assessment, you are probably underestimating what you have. The numbers are moving, and they are moving in your favour.
The Vibe - What Is Actually Happening in Marquis Right Now
Let us break it down by property type, because houses and condos are telling two different stories here.
Houses in Marquis
The house market in Marquis is steady and quietly climbing. The average sale price sits at $600,000, with a price per square foot around $316. That is not a market taking a breather - that is a market holding its ground while a lot of Edmonton neighbourhoods wobble.
The predicted market value for houses is $527,858, and it is trending up from the 3-month moving average of $524,213. That upward direction matters. It means the momentum is with sellers, not buyers.
- Average sale price: $600,000
- Price per square foot: $316
- Predicted market value: $527,858
- 3-month moving average: $524,213
- Recent value change: 0.69%
- Estimated monthly rent: $2,562
- Rental yield: 5.59% - that is a strong return for landlords
Here is the leaderboard stat worth bragging about at the next block party. For house growth, Marquis ranks 30 out of 285 Edmonton neighbourhoods. That puts us in the top 11 percent in the city. For price, we rank 83 out of 285 - solidly above average. This is not a sleeper neighbourhood anymore.
Condos in Marquis
Condos here are a different animal entirely. The average HonestDoor Price for condos is $842,075. Yes, that is a real number in Marquis. The predicted market value pushes even higher to $892,225, up from a 3-month moving average of $885,917.
- Average HonestDoor Price: $842,075
- Predicted market value: $892,225
- 3-month moving average: $885,917
- Recent value change: 4.75%
- Estimated monthly rent: $3,945
- Rental yield: 3.06% - moderate, but the appreciation story is the real draw here
- Airbnb rank in Edmonton: 24th - top tier short-term rental potential
Condo growth in Marquis ranks 26 out of 297 Edmonton neighbourhoods. That is top 9 percent in the city. Compare that to nearby Rural North East Horse Hill, where the predicted condo value sits at $740,820. Marquis condos are running ahead of the pack.
One note - the HonestDoor Price for condos did dip 5.62% from the previous period. That is worth watching. But with the predicted value still climbing and the growth rank this strong, it reads more like a short-term correction than a trend.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing about your city assessment. It is a snapshot from months ago, built on data that is even older than that. It does not know what sold on your street last week. It does not adjust for what buyers are actually paying right now.
In Marquis, the average city assessment for houses sits at $512,425. The average HonestDoor Price is $535,703 - that is 4.54% higher, and it has grown 1.73% just since the last period. That gap between what the city thinks your home is worth and what the market actually says it is worth is real money. For a lot of homeowners here, that difference is tens of thousands of dollars.
The HonestDoor Price updates in real time using actual transaction data. It is the number a serious buyer or their agent is going to use when they sit down at the table. Your assessment is what the city uses for tax purposes. Those are two very different conversations.
With 366 properties assessed in Marquis and 33 transactions recorded in 2026, there is enough market activity here to make the HonestDoor Price a reliable, grounded number - not a guess.
The So What - Should You Sell in Marquis This Summer?
If you have been on the fence, here is the straight talk.
For house owners, the timing is reasonable. You are in a neighbourhood ranked top 11 percent for growth in Edmonton. Values are ticking up, not down. Inventory is tight - only 2 houses sold recently, which means serious buyers are not drowning in options. Less competition for your listing is a good thing.
For condo owners, the appreciation story is compelling. A 4.75% recent value change and a top-9-percent growth rank means you are not leaving money on the table by selling now. And if you are not selling, the rental numbers are worth a look - $3,945 estimated monthly rent is not nothing.
Either way, the first move is simple. Pull your HonestDoor Price before you call an agent, before you set a list price, and before you assume the city assessment is the ceiling. In Marquis right now, the ceiling is higher than most people think.
marquis | edmonton | 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.