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      Mattson, Edmonton - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Edmonton, Mattson

      Mattson, Edmonton: Your Home Is Worth Less Than The City Thinks - And That Actually Matters

      The Vibe Right Now

      If you've been watching the "For Sale" signs in Mattson, here's what's actually happening. The market is quiet but not dead. One house sold recently at an average of $550,000, and price per square foot is sitting at $393. That number has been essentially unchanged, which tells us the floor is holding - buyers aren't fleeing, and sellers aren't panicking.

      The predicted market value for houses here is $452,326, and that number is climbing. The 3-month moving average was $442,622, so we're trending in the right direction. A 1.55% recent change in property values might not sound like a headline, but it's enough to put Mattson at rank 16 out of 285 Edmonton neighbourhoods for growth. That's top 6%. We're quietly punching above our weight.

      • Average sale price (Houses): $550,000
      • Price per square foot: $393
      • Predicted market value: $452,326
      • 3-month moving average: $442,622
      • Recent value change: 1.55%
      • Growth rank: 16 out of 285 Edmonton neighbourhoods
      • Price rank: 102 out of 285 (above average)
      • Properties assessed this year: 149
      • Transactions in 2026: 6

      The Secret Sauce - Your HonestDoor Price vs. The City's Number

      Here's the thing most Mattson homeowners don't realize. The city's average assessed value for a home here is $564,859. The average HonestDoor Price is $467,240. That's a gap of roughly $97,000 - and the HonestDoor Price is 17.28% lower than what the city has on file.

      Why does that matter? Because the city's assessment is a snapshot from months ago, built on formulas that don't account for what's happening on your street right now. The HonestDoor Price is a real-time estimate that reflects actual market conditions. It's the number a buyer's agent is going to use when they sit across the table from you. The good news is the HonestDoor Price has increased 3.30% from the previous period - so momentum is on your side, even if the city's number is still running ahead of reality.

      Bottom line: if you're making any financial decision based on your home - refinancing, selling, or just knowing where you stand - check your HonestDoor Price first. Don't wait for next year's assessment letter.

      The Neighbourhood Leaderboard

      Mattson's growth rank of 16 out of 285 is the stat worth bragging about at the block party. But let's be honest about the price comparison. Our neighbours are outpricing us right now.

      • Walker: HonestDoor Price $511,363 - Rental estimate $2,556/month
      • The Orchards At Ellerslie: HonestDoor Price $503,916 - Rental estimate $2,513/month
      • Summerside: HonestDoor Price $601,214 - Rental estimate $2,853/month
      • Mattson: HonestDoor Price $467,240 - Rental estimate $2,260/month

      Every nearby neighbourhood is priced higher than us. That cuts two ways. If you're a buyer, Mattson is the relative value play in this pocket of south Edmonton. If you're a seller, you're competing against neighbours who can list higher. Knowing that gap exists is half the battle.

      The So What - Should You Sell This Summer?

      If you're thinking about listing this summer, here's the honest read. Volume is low - only 6 transactions in Mattson so far in 2026. That means less competition from other sellers, but also fewer buyers actively shopping the neighbourhood. You won't get lost in a crowd, but you also can't count on a bidding war to bail out an overpriced listing.

      The rental angle is worth knowing too. Estimated rent is $2,189 per month with a rental yield of 5.75%. That's a strong number. It means investors are looking at Mattson as a legitimate income property option, which adds a second pool of potential buyers beyond just families looking to move in.

      The Airbnb potential sits at roughly $109 per month, and Mattson ranks 260 out of Edmonton neighbourhoods for short-term rental appeal - so don't build your selling pitch around Airbnb income. Lead with the long-term rental story instead.

      The play right now is simple. Price it based on the HonestDoor Price, not the city's inflated assessment. A home listed at $467,000 to $510,000 in a neighbourhood ranked top 6% for growth, with strong rental yield, is a compelling package. Price it at $564,000 because that's what the city says it's worth, and you'll sit on the market all summer wondering what went wrong.

      mattson | edmonton | october 2026

      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.

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