Medicine Hill, Calgary - August 2026 Real Estate Report

Medicine Hill, Calgary: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you own a house in Medicine Hill, here is the honest picture. The average sale price is sitting at $634,000, and listings are coming in around $648,000. That gap matters - buyers are paying about 97.84% of list price, which means you are not leaving a ton of money on the table, but you do need to price it right. One house sold last month, and it moved in 13 days. That is faster than nearby Cougar Ridge, where homes are sitting for 19 days. Medicine Hill is not dragging its feet.

The price per square foot is around $361. Not the flashiest number in Calgary, but this neighbourhood ranks 32 out of 236 for growth. That puts us in the top 15% of all Calgary neighbourhoods on the leaderboard. That is not nothing.

• Average sale price: $634,000
• Average list price: $648,000
• Sale-to-list ratio: 97.84%
• Average days on market: 13
• Price per square foot: $361
• Growth rank: 32 out of 236 Calgary neighbourhoods
• Days-on-market rank: 11 out of 77 - very fast-selling

The Secret Sauce - Your HonestDoor Price vs. That Government Assessment

Here is where it gets interesting. The city's assessment is a snapshot from months ago. It does not move with the market in real time. Your HonestDoor Price does.

Right now, the average HonestDoor Price for a house in Medicine Hill is $3,138,637 - up 0.51% from the previous period. The predicted market value is $3,122,734, which is already climbing past the 3-month moving average of $3,060,322. That upward trend is the real-world signal your city assessment simply cannot give you.

Property values have moved 1.85% recently. If you are still looking at last year's assessment to figure out what your home is worth, you are working with a stale number. The HonestDoor Price is the live check against that.

• HonestDoor Price: $3,138,637 (up 0.51%)
• Predicted market value: $3,122,734
• 3-month moving average: $3,060,322
• Recent value change: 1.85%

For context, every neighbourhood nearby is cheaper. Bowness is at $727,969. Cougar Ridge is at $826,634. Canada Olympic Park comes in at $1,408,225. Medicine Hill is in a different weight class.

The Rental and Airbnb Angle

If you are thinking about holding rather than selling, the numbers are worth a look. Estimated monthly rent is $9,031, with a rental yield of 3.92%. That is a moderate but steady return. On the short-term side, Medicine Hill ranks 4th in all of Calgary for Airbnb potential, with an estimated $445 to $448 per night. That is a top-tier ranking in this city.

• Estimated monthly rent: $9,031
• Rental yield: 3.92%
• Airbnb estimate: $445 to $448 per night
• Airbnb rank in Calgary: 4th

So What - Should You Sell This Summer?

If you are thinking about listing this summer, the conditions are not bad. Homes here are moving in under two weeks. That days-on-market rank of 11 out of 77 tells you buyers are paying attention to Medicine Hill. You are not going to sit on the market collecting dust.

The catch is pricing. Buyers are coming in at about 2% below list, so padding your price too much will cost you time and negotiating leverage. Price it sharp, and you will move it fast.

Before you call an agent, pull your HonestDoor Price. It is the most current read on what your home is actually worth right now - not what the city decided it was worth eight months ago. In a neighbourhood where values are trending up and demand is real, knowing your real number is the first move.

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.