Marquis, Edmonton - September 2026 Real Estate Report

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

If you own a home in Marquis and you have not checked your HonestDoor Price lately, you are probably leaving money on the table. The city's assessment says one thing. The real market is saying something different - and the gap is worth knowing about.

The Vibe: What Is Actually Happening in Marquis Right Now

Marquis is a smaller, established pocket of Edmonton. With 366 assessed properties and 32 transactions recorded in 2026, this is not a neighbourhood where homes are flying off the shelf every week. But that does not mean it is sleeping. Here is how houses and condos are telling two very different stories right now.

Houses: Steady, Above Average, and Holding Their Ground

If you have been watching the "For Sale" signs in Marquis, here is what is actually happening with houses. Values are not crashing and they are not spiking - they are grinding upward in a way that rewards patient owners.

• Average sale price: $600,000
• Price per square foot: $316
• HonestDoor predicted market value: $524,253
• 3-month moving average: $516,511 - and the current value is trending above it
• Recent value change: up 0.72%
• Estimated monthly rent: $2,543
• Rental yield: 5.59% - that is a strong return by Edmonton standards
• Properties sold recently: 2

That 5.59% rental yield is the number landlords in other parts of the city would love to have. It means if you own a house in Marquis and you are renting it out, your money is working harder than in most Edmonton neighbourhoods.

On the neighbourhood leaderboard, Marquis houses rank 97 out of 291 for growth - that puts us solidly in the above-average tier. For price, we rank 79 out of 285. That means Marquis houses are priced higher than most of Edmonton, and they are still growing. That combination is not common.

Condos: A Caution Flag Worth Watching

The condo picture in Marquis is where we need to be straight with you. The numbers here deserve a closer look before anyone makes a move.

• Average HonestDoor Price: $892,225 - up 4.75% from the previous period
• Predicted market value: $851,775
• 3-month moving average: $855,058 - and the current value is dipping below it
• Recent value change: down 6.78%
• Estimated monthly rent: $3,825
• Rental yield: 3.14% - moderate, not exceptional
• Airbnb rank in Edmonton: 23rd - genuinely strong short-term rental potential

That -6.78% recent change is the market taking a breather. The 3-month trend is softening. On the neighbourhood leaderboard, Marquis condos rank 272 out of 302 for growth - that is bottom-tier territory right now. The HonestDoor Price jumped 4.75% in the last period, but the predicted value is sliding. Those two things can both be true at once, and it is exactly the kind of nuance a tax assessment will never show you.

The one bright spot for condo owners? That Airbnb rank of 23rd in all of Edmonton is legitimately impressive. If you are running a short-term rental here, you are in rare company.

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

Here is the thing about the city's assessed value. It is a snapshot taken months ago, built on formulas, and it does not update when the market moves. The average assessed value for a house in Marquis sits at $512,425. The average HonestDoor Price is $526,603. That is a $14,178 gap - and it is already 2.77% higher than the Edmonton average assessment.

The HonestDoor Price pulls from real transaction data and updates in real time. It is the number that reflects what a buyer would actually write a cheque for today - not what a government formula calculated last year. If you are using your assessment to make any financial decision - refinancing, selling, even just understanding your net worth - you are working with old information.

Check your HonestDoor Price. It is the real-world check that your assessment was never designed to be.

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

If you own a house in Marquis and you are thinking about listing this summer, the timing is not bad. Values are above the 3-month trend, the neighbourhood ranks above average in both price and growth across Edmonton, and a $600,000 average sale price gives you a strong anchor for conversations with your agent.

Two things to keep in mind. First, transaction volume is low - 2 recent sales means your pricing needs to be sharp. There is not enough activity to hide a bad list price. Second, with a rental yield of 5.59%, some buyers will be running the numbers as investors. That is a selling point worth putting in front of them.

If you own a condo in Marquis, summer 2025 calls for more patience. The predicted value is softening, the growth rank is near the bottom of the Edmonton leaderboard, and the gap between the HonestDoor Price and the predicted market value suggests the market is still finding its floor. That said, if your exit strategy involves short-term rentals or you are selling to an Airbnb-minded buyer, that 23rd-place Airbnb rank in Edmonton is a real conversation starter.

Bottom line - Marquis is a neighbourhood where houses and condos are living in completely different markets right now. Know which one you are in before you make your next move.

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.