Mc Queen, Edmonton - July 2026 Real Estate Report

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

If you own a home in Mc Queen and you have not checked your HonestDoor Price lately, now is the time. The city's assessment says the average house here is worth $459,564. The HonestDoor Price says $491,752. That is a $32,188 gap - and that gap matters when you are making decisions about selling, refinancing, or just figuring out where you actually stand.

The Vibe: What Is Happening in Mc Queen Right Now

Let's break it down by property type, because houses and condos are telling two very different stories here.

Houses - Steady, Affordable, and Moving Up

If you have been watching the "For Sale" signs in Mc Queen, here is what is actually happening. The average sale price for houses hit $412,000 this month - up 14.4% from last month. That is a real jump. Active listings are sitting at $499,990 on average, and buyers are paying 98.6% of list price. So yes, there is some negotiating room, but not much.

• Average sale price: $412,000 (up 14.4% month over month)
• Average list price: $499,990
• Price per square foot: $377
• Predicted market value: $498,368
• 3-month moving average: $479,786 - and values are climbing past it
• Average days on market: 54 days
• Estimated monthly rent: $2,440
• Rental yield: 5.67%
• Properties sold this month: 4
• Neighbourhood growth rank: 45 out of 302 in Edmonton - top tier

The 54-day average to sell is worth noting. Nearby High Park is moving homes in 41 days, so Mc Queen is taking a bit of a breather by comparison. But with prices trending up and the predicted value sitting at $498,368 - well above the 3-month average - the underlying momentum is still positive. For landlords in the neighbourhood, a 5.67% rental yield is genuinely strong. We are not seeing numbers like that everywhere in Edmonton right now.

On the neighbourhood leaderboard, Mc Queen houses rank 45 out of 302 Edmonton neighbourhoods for growth. That puts us in the top 15%. Price rank is 239 out of 285, meaning we are one of the more affordable options in the city - which is actually a selling point for attracting buyers who have been priced out elsewhere.

Condos - A Different Animal Entirely

The condo picture in Mc Queen is unusual, and we will be straight with you about it. The average HonestDoor Price for condos here is $2,332,676 - up 3.08% from the previous period. That is a high number for this part of Edmonton, and it reflects a very specific slice of the condo market rather than a typical unit. The Airbnb rank for condos sits at 16 out of all Edmonton neighbourhoods, which is elite territory.

• Average HonestDoor Price (condos): $2,332,676 (up 3.08%)
• Predicted market value: $2,262,890
• Estimated monthly rent: $5,627
• Rental yield: 3.06%
• Airbnb estimate: $281 per night
• Growth rank: 21 out of 296 Edmonton neighbourhoods - top 10%

The predicted value is slightly below the 3-month moving average of $2,267,891, so condo values here are taking a small breather. The rental yield of 3.06% is moderate - solid, but not as punchy as what we are seeing on the house side. If you own a condo in Mc Queen, the Airbnb angle is where the real upside lives, given that top-16 ranking across all of Edmonton.

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

Here is the thing about the city's assessed value - it is a snapshot from the past. It does not update in real time, and it does not know what happened in your neighbourhood last month. The HonestDoor Price is a live estimate that pulls in current sales data, market shifts, and what buyers are actually paying right now.

For Mc Queen houses, the HonestDoor Price of $491,752 is 7% higher than the city's average assessed value of $459,564. That is not a rounding error. That is real money sitting on the table that a static government assessment will not show you. If you are making any financial decision based on what the city says your home is worth, you are working with old information.

With 428 properties assessed in Mc Queen and 18 transactions recorded in 2026, there is enough market activity here to make the HonestDoor Price a reliable real-world check - not a guess.

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

If selling is on your radar, here is the honest read on where Mc Queen sits heading into summer.

The good news: prices are moving up, the predicted value for houses is climbing past the 3-month average, and we are ranked in the top 15% of Edmonton neighbourhoods for growth. Buyers looking for affordability are being pointed our way - our price rank of 239 out of 285 means we are competitive on entry price compared to most of the city.

The honest caveat: homes are sitting for 54 days on average. That is not alarming, but it means you need to price smart from day one. Buyers here are paying 98.6% of list - they are not overpaying, and they know it. Coming in too high means you sit longer, then cut. Coming in right means you sell clean.

Compare us to the neighbours: High Park is cheaper at an average HonestDoor Price of $431,786 but growing faster at 0.15% versus our 0.11%. North Glenora ($574,179) and Grovenor ($582,572) are both pricier and growing slower. Mc Queen is the middle ground - more affordable than the premium neighbours, with better growth momentum than most.

Bottom line: if you are thinking about listing this summer, check your HonestDoor Price first. The gap between what the city thinks your home is worth and what a buyer will actually pay could change your entire strategy.

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.