Mc Cauley, Edmonton - July 2026 Real Estate Report

Mc Cauley, Edmonton: What Your Home Is Actually Worth Right Now

If you own a place in Mc Cauley and you're still going off your city assessment, you're probably leaving money on the table - or at least working with the wrong number. Here's the real picture.

The Vibe: What's Happening in Our Neighbourhood

Mc Cauley is one of Edmonton's most affordable pockets, and that cuts both ways. We've got 775 assessed properties here, 34 transactions recorded in 2026, and a neighbourhood that's holding steady with 0.07% year-over-year growth. It's not setting the world on fire, but it's not falling apart either. Think of it as a market taking a breather while the rest of the city figures itself out.

One thing worth knowing: our neighbours in Riverdale are sitting on HonestDoor Prices averaging $1,323,260. Cromdale is at $566,672. That context matters when you're thinking about where Mc Cauley fits on the Edmonton map - we're the affordable entry point in a corridor that gets significantly pricier fast.

Houses: The Honest Numbers

Right now, houses in Mc Cauley are selling for an average of $136,000, with listings sitting at $183,400. That gap tells you something - buyers are negotiating hard, and they're winning. Properties are selling at 96.44% of list price, which is a buyers' market signal. If you're a seller, pricing sharp from day one matters more than ever.

• Average sale price: $136,000
• Average list price this month: $183,400
• Price per square foot: $148
• Sale-to-list ratio: 96.44% - buyers are paying below ask
• Average days on market: 56 days
• Properties sold this month: 4
• Predicted market value (HonestDoor): $336,093
• Estimated monthly rent: $1,693
• Rental yield: 5.94%
• Recent value change: -1.36%

Fifty-six days on market is worth paying attention to. Boyle Street next door is moving homes in 33 days. Riverdale is at 41 days. We're slower, and that's a cooling signal. Four sales this month is a thin number - it means each transaction carries more weight in setting the tone for what buyers expect to pay.

On the neighbourhood leaderboard, Mc Cauley houses rank 239 out of 302 for growth - that's below average for Edmonton. Price rank sits at 277 out of 285, which puts us among the most affordable in the city. For buyers, that's the pitch. For sellers, it means you're competing on value, not prestige.

Condos: A Different Story

Condos in Mc Cauley are a bit of an outlier - and in a good way if you own one. The average HonestDoor Price is $587,375, which is significantly higher than condo prices in every nearby neighbourhood. Boyle Street condos average $277,289. Riverdale sits at $351,926. Cromdale is at $111,498. Mc Cauley condos are punching well above the local weight class.

• Average HonestDoor Price: $587,375 (down 2.55% from last period)
• Predicted market value: $602,751
• 3-month moving average: $587,466 - the trend is ticking up
• Estimated monthly rent: $2,385
• Rental yield: 3.90%
• Airbnb estimate: $117 per night
• Airbnb rank in Edmonton: 52nd - that's a strong short-term rental position
• Recent value change: -0.48%
• Growth rank: 133 out of 296 - above average for Edmonton

Only 1 condo transaction in 2026 so far, which means the market is thin and each sale sets a big precedent. But the predicted value is climbing above the 3-month average, and that above-average growth rank of 133 out of 296 puts Mc Cauley condos in a better position than most people would guess from the outside.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here's the thing about city assessments - they're a snapshot from the past. The average assessed value for a Mc Cauley property is $282,973. The average HonestDoor Price is $335,478. That's an 18.55% difference. If you're making any decision - selling, refinancing, even just understanding your net worth - using the assessed value is like navigating with last year's map.

The HonestDoor Price pulls from real-time market signals. It's updated regularly, not once a year. For us in Mc Cauley, that gap between $282,973 and $335,478 is real money. It's the difference between thinking you have a modest asset and realizing you have something worth paying attention to.

Condo owners especially should check their HonestDoor Price right now. A predicted value of $602,751 against a neighbourhood where most condos are under $400,000 is a number worth knowing before you make any move.

The So What: Thinking About Selling This Summer?

If you're a house owner in Mc Cauley and you're thinking about listing this summer, here's the straight talk. The market is slow - 56 days on average before a sale, and buyers are knocking 3.56% off list prices. That doesn't mean you shouldn't sell. It means you need to price it right from day one. Overpricing and then chasing the market down is the worst play in a buyers' market.

The rental yield on houses is 5.94%. If selling doesn't feel urgent, holding and renting is a legitimate option. That's a solid return in the current environment.

For condo owners, the picture is more interesting. Values are ticking upward against the 3-month average, the growth rank is above average, and your Airbnb rank of 52nd in Edmonton means short-term rental income is a real conversation worth having. With only 1 transaction in 2026 so far, you'd be setting the comp for the neighbourhood - that's leverage if you price it well.

Bottom line: Mc Cauley is affordable, it's stable, and it's sitting in a corridor where prices climb sharply in every direction. Check your HonestDoor Price at honestdoor.com before you do anything else. The city's number is not your number.

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.