Mattson, Edmonton - September 2026 Real Estate Report

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 around $393. That sale price has held steady - essentially unchanged from last month - which tells us demand isn't cratering, but it's not exactly a bidding war out there either.

The bigger story is what's happening under the hood. The predicted market value for houses in Mattson is $445,434, and that number is climbing - up from a 3-month moving average of $428,387. That's a 3.56% move in the right direction, and it's enough to rank Mattson 28th out of 291 comparable neighbourhoods in Edmonton for growth. That's a top-10% finish on the neighbourhood leaderboard. Not bad for a quiet corner of the city.

• Average sale price (Houses): $550,000
• Price per square foot: $393
• Predicted market value: $445,434
• 3-month moving average: $428,387
• Recent value change: 3.56%
• Growth rank: 28 out of 291 Edmonton neighbourhoods
• Price rank: 102 out of 285 (above average)
• Properties sold in 2026: 5 total transactions
• Properties assessed: 149

The Secret Sauce - Why Your HonestDoor Price Is the Number That Actually Counts

Here's the thing most Mattson homeowners don't realize. The city's assessed value on your property is $564,859 on average. Sounds great, right? Not so fast. The average HonestDoor Price for Mattson is $452,326 - that's nearly 20% lower than what the city has on file.

Why does that gap matter? Because the city's assessment is a snapshot frozen in time. It doesn't react to what's happening on the ground right now. The HonestDoor Price is a real-world, real-time estimate built from actual market activity. And right now, it's telling us the city is overvaluing Mattson homes by a significant margin.

The good news is the HonestDoor Price has moved up 1.55% from the previous period. So while the gap between the city's number and reality is still wide, the real-world value is heading in the right direction. If you're making any financial decisions - refinancing, selling, even just understanding your net worth - use the HonestDoor Price as your starting point, not the assessment notice sitting in your drawer.

• Average city assessment: $564,859
• Average HonestDoor Price: $452,326
• Gap between assessment and real-world value: 19.92% lower
• HonestDoor Price change from last period: up 1.55%

How Mattson Stacks Up Against the Neighbours

Context is everything. Here's how Mattson compares to the neighbourhoods right next door.

• Walker - HonestDoor Price $514,766, Rental estimate $2,570 per month
• The Orchards at Ellerslie - HonestDoor Price $503,370, Rental estimate $2,509 per month
• Summerside - HonestDoor Price $604,116, Rental estimate $2,866 per month
• Mattson - HonestDoor Price $452,326, Rental estimate $2,189 per month

Mattson is the most affordable entry point among these four neighbourhoods. If you're a buyer, that's worth paying attention to - especially with a growth rank sitting in the top 10% of the city. You're getting in at a lower price point in a neighbourhood that's already showing upward momentum.

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

Straight talk: Mattson is not a seller's market right now. Five transactions so far in 2026 and one recent sale tells us the pool of active buyers is small. If you list this summer, you need to price sharp. The gap between the city's $564,859 assessment and the real-world HonestDoor Price of $452,326 is a trap. If you price anywhere near that assessed value, you'll sit on the market.

The sellers who will win this summer are the ones who price close to where the market actually is - not where the city thinks it is. That $445,000 to $452,000 range is where buyers are paying attention. Price there, and you're competitive. Price at the assessment, and you're just making your neighbours' listings look better.

One more thing worth knowing. If you're not selling but you're renting, Mattson pulls an estimated $2,189 per month in rent, with a rental yield of 5.77%. That's a strong return. For investors watching this neighbourhood, that number alone makes Mattson worth a serious look - especially at a price point below every comparable neighbourhood nearby.

• Average rental estimate: $2,189 per month
• Rental yield: 5.77%
• Airbnb estimate: $109 per night
• Airbnb rank in Edmonton: 283 out of ranked neighbourhoods
• Best use case right now: long-term rental over short-term Airbnb

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.