Mc Queen, Edmonton - October 2026 Real Estate Report
Mc Queen, Edmonton: Your Neighbour Just Got a Better Price Than the City Thinks
If you own a home in Mc Queen and you're still looking at your city assessment to figure out what your place is worth, you're leaving money on the table. The average assessed value here sits at $459,564 - but the average HonestDoor Price is $484,319. That's a $24,755 gap, and it matters a lot if you're thinking about selling, refinancing, or just keeping score.
The Vibe: What's Actually Happening in Mc Queen Right Now
Let's break it down by property type, because houses and condos are telling two very different stories right now.
Houses - Taking a Breather
We'll be straight with you. The house market in Mc Queen is cooling off. Here's the snapshot:
- Average sale price: $406,250 - down 22% from last month
- Current listings averaging: $474,000
- Price per square foot: $369
- Homes are selling at 97.05% of list price - buyers are negotiating, and winning
- Average days on market: 49 days
- Only 2 sales recorded this period
- Predicted market value: $475,295
- Rental yield: 5.72% - that's a strong number for landlords
- Estimated monthly rent: $2,338
Those 49 days on market are worth paying attention to. Our neighbours in High Park are moving homes in 41 days. That 8-day difference tells you buyers have options right now and they know it. The 3-month moving average for house values sits at $484,774, and the current predicted value of $475,295 is trending below that. The market isn't crashing - it's just asking sellers to be realistic on price.
On the neighbourhood leaderboard, Mc Queen houses rank 179 out of 285 Edmonton neighbourhoods for growth. That puts us in the below-average tier right now. Days on market rank is 45 out of 116 - so while prices are softer, homes that are priced right are still moving at a moderately competitive pace.
Condos - A Different Story Entirely
Here's where things get interesting. Mc Queen condos are sitting at an average HonestDoor Price of $2,172,898. Yes, that number is as big as it looks. These aren't your typical starter condos - and the data reflects that.
- Average HonestDoor Price: $2,172,898 (down 6.76% from last period)
- Predicted market value: $2,330,547
- 3-month moving average: $2,320,390 - and the predicted value is trending above it
- Estimated monthly rent: $5,651
- Rental yield: 3.05%
- Airbnb potential: $274 per night - ranked 15th in all of Edmonton
- Recent value change: up 1.42%
That Airbnb rank of 15 out of all Edmonton neighbourhoods is a standout stat. If you own a condo in Mc Queen and you're not at least exploring short-term rental income, that's a conversation worth having. On the growth leaderboard, Mc Queen condos rank 72 out of 297 Edmonton neighbourhoods - that's solidly above average and heading in the right direction.
The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment
Your city assessment is a snapshot taken months ago, using broad formulas applied across thousands of properties. It doesn't know your renovated kitchen. It doesn't react to what sold on your street last week. The HonestDoor Price does.
In Mc Queen, the HonestDoor Price runs 5.39% higher than the average city assessment. On a $459,564 assessed home, that's roughly $24,755 in value the city's number is missing. For houses, the predicted market value of $475,295 gives you a real-time anchor - not a number that was locked in before the market shifted. Check your HonestDoor Price now, not when your next assessment letter shows up in the mail.
The 'So What?' - Thinking About Selling This Summer?
Here's the honest take for Mc Queen homeowners eyeing a summer sale.
The house market is soft right now. Two sales, 49 days on market, and buyers paying below list price - that's the reality. But "soft" doesn't mean "bad." It means pricing strategy matters more than ever. A home listed at $474,000 that sits for 49 days is a very different outcome than one priced sharp at $460,000 that moves in three weeks. The neighbourhood growth rate of 0.11% year over year is modest, and the overall transaction volume of 23 sales across 428 assessed properties tells you this isn't a high-churn market.
Compare that to your neighbours. High Park's HonestDoor Price is $435,834 - cheaper than Mc Queen, and growing slightly faster at 0.15%. North Glenora and Grovenor are both pricier, sitting around $577,000-$580,000, but growing slower. Mc Queen sits in a middle lane - not the cheapest, not the most expensive, and right now, not the fastest moving.
If you're a house seller, price it right from day one. The buyers in this market are doing their homework. If you're a condo owner, the data is working in your favour - values are ticking up, the Airbnb potential is among the best in the city, and the growth rank puts you ahead of most Edmonton neighbourhoods. That's a good position to be in heading into summer.
Bottom line - know your real number before you make any move. Your HonestDoor Price is the place to start.
mc queen | edmonton | october 2026This 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.