Medicine Hill, Calgary - October 2026 Real Estate Report
Medicine Hill, Calgary: Your Home Is Worth More Than the City Thinks
The Vibe Right Now
If you've been watching the "For Sale" signs in Medicine Hill, here's what's actually happening. This is one of Calgary's priciest pockets, and the numbers back that up. The average HonestDoor Price sits at $2,685,833 - well above what most of the city is seeing. Yes, that's down 16.67% from the previous period, but before you panic, keep reading. The predicted market value for houses here is $3,223,065, and that number is climbing, up from a 3-month moving average of $3,161,479. The market is taking a breather on assessed values, but the forward-looking data tells a different story.
On the sales side, we saw an average sale price of $634,000 with listings sitting at $648,000. Buyers are paying about 97.84% of list price, which means there's a little room to negotiate, but not much. Properties are moving in an average of 13 days - faster than nearby Cougar Ridge at 19 days. That's not a slow market. That's a focused one.
- Average HonestDoor Price: $2,685,833
- Predicted Market Value: $3,223,065
- Average Sale Price: $634,000
- Average List Price: $648,000
- Sale-to-List Ratio: 97.84%
- Average Days on Market: 13 days
- Price Per Square Foot: $361
- Properties Sold in 2026: 1
The Neighbourhood Leaderboard
Here's a stat worth sharing at the next block party. Medicine Hill ranks 16 out of 221 Calgary neighbourhoods for growth. That puts us in the top 8% in the city. Days-on-market rank is even sharper - 10 out of 82, meaning homes here sell faster than almost everyone else in Calgary. Price rank comes in at 150 out of 221, which sounds middling, but remember: the sale data and the HonestDoor Price are measuring different things. The HonestDoor Price reflects the full picture of what this neighbourhood actually holds.
Compare us to the neighbours. Bowness is sitting at an average HonestDoor Price of $708,884. Cougar Ridge is at $821,215. Canada Olympic Park comes in at $1,315,625. Medicine Hill is in a different league. If you own here, you're holding something genuinely rare in Calgary's west end.
- Growth Rank: 16 out of 221 Calgary neighbourhoods (top 8%)
- Days-on-Market Rank: 10 out of 82 (very fast-selling)
- Airbnb Rank in Calgary: 9
- Bowness Average HonestDoor Price: $708,884
- Cougar Ridge Average HonestDoor Price: $821,215
- Canada Olympic Park Average HonestDoor Price: $1,315,625
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Your city assessment is a snapshot taken months ago, based on data that's even older than that. It doesn't know what happened on your street last week. The HonestDoor Price is a real-time check - updated continuously using actual transaction data, market trends, and neighbourhood signals. In a neighbourhood like Medicine Hill, where values are moving and the predicted market value is already trending above the current HonestDoor Price, that gap between your assessment and your actual worth can be significant. We're talking potentially hundreds of thousands of dollars in equity that a static government number simply won't show you.
The rental picture adds another layer. Estimated monthly rent is $8,435, with a rental yield of 4.05%. That's a moderate but real return for a property at this price point. And with an Airbnb rank of 9 in all of Calgary and an estimated nightly rate of $418, the short-term rental potential here is among the strongest in the city. These are numbers your tax assessment will never tell you.
- Estimated Monthly Rent: $8,435
- Rental Yield: 4.05%
- Airbnb Estimate: $418 per night
- Airbnb Rank in Calgary: 9 out of all neighbourhoods
- Recent Property Value Change: 2.69%
The So What - Should You Sell in Medicine Hill This Summer?
If you're thinking about selling, the timing argument is real. Homes here are selling in 13 days on average. That's fast. Buyers are paying close to full list price. And while the HonestDoor Price has pulled back 16.67% from its previous peak, the predicted market value is trending upward right now. That's the market telling you momentum is shifting back in your favour.
The honest take: Medicine Hill is not a neighbourhood where you leave money on the table by pricing wrong. With only 1 transaction recorded in 2026 so far, every sale here sets a benchmark. If you price it right and list while days-on-market are this low, you're in a strong position. Check your HonestDoor Price before you talk to anyone. Know your number before the conversation starts. That's the move.
medicine hill | calgary | 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.