Meadowlark Park, Edmonton - October 2026 Real Estate Report
Meadowlark Park, Edmonton: What's Actually Happening With Home Prices Right Now
If you've been watching the "For Sale" signs on your street and wondering whether the market is heating up or cooling off, here's the straight answer: it depends on what you own. Houses and condos in Meadowlark Park are telling two very different stories right now, and knowing which one is yours could be worth real money.
The Vibe: Houses vs. Condos
Let's start with houses, because that's where the action is. The average sale price for a house in Meadowlark Park hit $459,500 this month - up 25.9% from last month. That's a big jump. Listings are sitting at an average of $629,900, and homes are selling at about 97.79% of list price, so buyers are getting a small discount but not a big one. Houses are moving in an average of 73 days, which is actually faster than nearby Jasper Park at 99 days. That's a good sign for us as sellers.
- Average house sale price: $459,500 (up 25.9% from last month)
- Average list price: $629,900
- Price per square foot: $311
- Average days on market: 73 days
- Sale-to-list ratio: 97.79%
- Predicted market value: $430,719
- Estimated monthly rent: $2,226 with a rental yield of 5.77%
Now for condos - and we'll be honest here, because that's the whole point. The condo side of Meadowlark Park is taking a breather. Only one condo sold this month, down 50% from last month, and the average sale price dropped to $161,000 - a 46.9% decline from the previous month. Condos are sitting on the market for an average of 189 days, which is longer than both Jasper Park (99 days) and West Meadowlark Park (184 days). If you own a condo here, patience is the strategy right now.
- Average condo sale price: $161,000 (down 46.9% from last month)
- Average list price: $167,900
- Price per square foot: $208
- Average days on market: 189 days
- Sale-to-list ratio: 95.89%
- Predicted market value: $234,879
- Estimated monthly rent: $1,277 with a rental yield of 4.28%
The Neighbourhood Leaderboard
Here's where Meadowlark Park sits compared to the rest of Edmonton. For houses, we rank 193 out of 285 neighbourhoods for growth - below average, but not at the bottom. For condos, the growth rank is 194 out of 297. Neither ranking is something to brag about, but context matters. We have 906 assessed properties and 47 total transactions in 2026, which puts our transaction volume at rank 57 in Edmonton - meaning we're actually one of the more active neighbourhoods for sales overall.
Looking at our neighbours, Sherwood is outpacing us with an HonestDoor Price of $498,179 for houses and a growth rate of 0.17%. Jasper Park sits at $447,160 but is growing slower at 0.06%. West Meadowlark Park is the more affordable option at $361,768 but is actually growing faster than us at 0.12%. For condos, Meadowlark Park is the clear price leader in the area - our HonestDoor Price of $229,465 is well above West Meadowlark Park ($139,546), Jasper Park ($137,247), and Sherwood ($112,370).
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's the thing about your city assessment: it's a snapshot from the past. The City of Edmonton calculates assessed values based on data that can be months - sometimes over a year - old by the time it lands in your mailbox. For houses in Meadowlark Park, the average assessed value is $418,384. The HonestDoor Price is $427,727. That's a $9,343 gap, and the HonestDoor Price is 2.23% higher than the city's number.
For condo owners, the story flips. The average assessed value is $236,876, but the HonestDoor Price is $229,465 - about 3.13% lower. If you're a condo owner using your assessment to set expectations about what your unit is worth, you may be overestimating. The HonestDoor Price is the real-world check - it updates in real time using actual market activity, not a government formula that runs on a delay.
Bottom line: your assessment tells you what the city thinks your home was worth. The HonestDoor Price tells you what the market thinks it's worth today.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Meadowlark Park and you're thinking about listing this summer, the timing is not bad. Sale prices are up sharply month-over-month, homes are moving faster than nearby neighbourhoods, and the rental yield of 5.77% means investors are paying attention to this area. The predicted market value of $430,719 is slightly below the 3-month moving average of $436,768, which suggests a small softening - so if you're going to move, sooner is better than later.
If you own a condo, this summer is a harder sell - literally. With 189 average days on market and only one sale this month, you're competing in a slow lane. That doesn't mean don't sell, it means price it right from day one. Overpricing a condo in this market is the fastest way to watch it sit. Check your HonestDoor Price, not your assessment, before you set your number.
- House sellers: market momentum is on your side - act before the 3-month trend softens further
- Condo sellers: price aggressively from the start - days on market are already high
- Landlords: a 5.77% rental yield on houses is strong - holding may beat selling right now
- Condo investors: a 4.28% yield is moderate - worth running the numbers before deciding
- Neighbourhood average rental estimate: $2,212 per month for houses
Meadowlark Park is not the flashiest neighbourhood on Edmonton's leaderboard right now, but it's steady, it's active, and if you know which side of the house-vs-condo divide you're on, you can make a smart move. Check your HonestDoor Price at HonestDoor.com - it takes about 30 seconds and it's free.
meadowlark park | 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.