Meadowlark Park, Edmonton - September 2026 Real Estate Report

Meadowlark Park, Edmonton: Your Neighbour Just Sold - Here's What You Need to Know

If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here's the straight story. Meadowlark Park is a neighbourhood in a bit of a split personality moment right now - houses are taking a breather while condos are quietly picking up speed. Let's break it down.

The Vibe: Houses vs. Condos

Houses - Taking a Breather

We're seeing houses cool off a bit. The average sale price sits at $365,000, which is down 9.3% from last month. Only one house sold, and it sat on the market for 56 days before finding a buyer. Properties are selling at about 97.59% of list price, meaning buyers are negotiating and winning. If you're a seller, that's the market telling you to price sharp from day one.

• Average sale price: $365,000 (down 9.3% from last month)
• Average list price: $374,000
• Price per square foot: $344
• Average days on market: 56 days
• Sale-to-list ratio: 97.59%
• HonestDoor predicted value: $442,389
• Estimated monthly rent: $2,278
• Rental yield: 5.75%

That predicted market value of $442,389 is worth paying attention to. It's sitting above the recent sale prices, which tells us the underlying value is there - the current softness is a market timing thing, not a neighbourhood quality thing. For context, houses in nearby Jasper Park are averaging $435,000 in sales, so we're in the same ballpark as our neighbours.

On the neighbourhood leaderboard, Meadowlark Park houses rank 73 out of 291 Edmonton neighbourhoods for growth. That puts us solidly above average. Days on market ranks 54 out of 112 - moderately fast when things do move. Price ranks 217 out of 285, which means we're an accessible entry point compared to much of the city.

Condos - Moving Fast

This is where it gets interesting. Condos here are a different story entirely. Two sold this month, and they moved in an average of just 20 days. That's quick. Prices are up 2.5% from last month, landing at an average of $303,030. Buyers are still getting a slight discount off list - about 96.35% - but the direction is clearly upward.

• Average sale price: $303,030 (up 2.5% from last month)
• Average list price: $339,900
• Price per square foot: $235
• Average days on market: 20 days
• Sale-to-list ratio: 96.35%
• HonestDoor predicted value: $238,094
• Estimated monthly rent: $1,294
• Rental yield: 4.28%

The condo leaderboard stats are genuinely impressive. Growth ranks 49 out of 302 Edmonton neighbourhoods - that puts Meadowlark Park condos in the top performers in the city. Days on market ranks 15 out of 112, meaning these units sell very fast when listed. If you own a condo here, that's a strong position to be in heading into summer.

One thing worth noting for condo owners: the HonestDoor Price of $234,879 is actually running slightly below the city's assessed value of $236,876. That gap matters, and we'll get into why below.

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 months ago, based on a formula that doesn't know your renovated kitchen or the new park two blocks over. It's not wrong, it's just old.

The HonestDoor Price is a real-world check that updates with actual market movement. For house owners in Meadowlark Park, the HonestDoor Price is $430,719 - that's 2.95% higher than the average city assessment of $418,384. In dollar terms, that's roughly a $12,000 gap. If you're making any financial decision based only on your assessment notice, you could be leaving money on the table or miscalculating your equity.

For condo owners, the picture flips slightly. The HonestDoor Price of $234,879 is running 0.84% below the assessed value. That's a signal worth knowing if you're planning to sell - the market may not support the number on your assessment right now, and pricing based on that assessment alone could mean your listing sits longer than it needs to.

Both the house and condo HonestDoor Prices have dipped slightly from the previous period - houses down 2.64%, condos down 1.35%. That's the market being honest with you before your next assessment letter arrives. Check your HonestDoor Price now, not in six months.

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 market is telling you to be strategic. Prices have softened recently, days on market are stretching to 56 days, and buyers are negotiating. That doesn't mean don't sell - it means price it right the first time. Overpricing right now is the fastest way to sit on the market and eventually accept less than you would have with a sharp opening price.

The rental yield of 5.75% on houses is genuinely strong. If your timeline is flexible, holding and renting is a real option worth running the numbers on. At $2,278 per month in estimated rent, this neighbourhood works for investors too.

If you own a condo and you're thinking about selling, the timing looks better. Units are moving in 20 days, prices ticked up last month, and Meadowlark Park condos rank in the top performers in Edmonton for growth. Summer is typically when buyer activity picks up, and you're entering that window with momentum.

Either way, the first step is knowing what your property is actually worth today - not what the city said it was worth last year. Pull your HonestDoor Price, compare it to what's selling on your street, and make the call from a place of real information.

• 906 properties assessed in Meadowlark Park this year
• 44 total transactions in 2026 across the neighbourhood
• Neighbourhood growth: 0.09% year over year
• Average Airbnb estimate: $111 per night for houses, $64 per night for condos
• Nearby comparison - Sherwood HD Price: $493,512 - showing room for Meadowlark Park values to grow

Bottom line - Meadowlark Park is a solid, established neighbourhood with real value underneath the short-term noise. Know your numbers, price smart, and you'll be in a good spot.

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.