Medway, London - September 2026 Real Estate Report

Medway, London Real Estate: Prices Are Holding, But the Market Is Sending Signals You Should Not Ignore

If you own a home in Medway and you have not checked your property value lately, now is the time. The numbers are shifting - not dramatically, but enough that sitting on outdated information could cost you. Here is what is actually happening on our streets right now.

The Vibe: Houses vs. Condos in Medway

Let us start with houses, because the story here is interesting. The average sale price sits at $1,440,000, and listings are coming in around $1,499,999. That gap matters - buyers are landing deals at roughly 96% of list price, meaning sellers are giving a little ground to close. One property sold last month, and it sat for 30 days before moving. That is not a panic signal, but it tells us we are in a buyers market right now. Buyers have options and they know it.

The HonestDoor Price for houses is tracking at $674,542, down a modest 0.83% from last period. The predicted market value sits at $680,182, which is already slipping below the 3-month moving average of $690,597. Property values have shifted -2.31% recently. On the neighbourhood leaderboard, Medway houses rank 35 out of 37 for growth in London. That puts us near the bottom of the pack - something every homeowner here should have on their radar.

• Average HonestDoor Price (Houses): $674,542
• Recent value change: -2.31%
• Average sale price: $1,440,000
• Price per square foot: $462
• Sold-to-list ratio: 96%
• Average days on market: 30
• Rental estimate: $3,127 per month
• Rental yield: 5.33%
• Growth rank: 35 out of 37 in London

On the condo side, we are seeing a similar cooling pattern. The HonestDoor Price for condos is $387,908, down 0.76%. The predicted value is $390,894, and the 3-month moving average is $394,346 - so the trend line is pointing downward, even if slowly. Condos rank 29 out of 39 for growth in London, which puts us in below-average territory. One thing worth noting: every nearby neighbourhood - Hyde-Park, Masonville, and West-London - is priced higher for condos than Medway right now. That is useful context if you are thinking about where we sit in the broader London market.

• Average HonestDoor Price (Condos): $387,908
• Recent value change: -0.62%
• Predicted market value: $390,894
• Rental estimate: $1,971 per month
• Rental yield: 4.04%
• Growth rank: 29 out of 39 in London

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about government assessments - they are a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. In a neighbourhood where values have shifted -2.31% for houses and -0.62% for condos in recent months, that lag is not just annoying - it can genuinely mislead you about what your property is worth today.

The HonestDoor Price is updated in real time. It is pulling from actual market activity, not a bureaucratic cycle that runs every few years. If you are a Medway homeowner trying to make a real decision - whether to sell, refinance, or just understand your equity position - the HonestDoor Price is the number that reflects the real world right now, not the world as it was two years ago.

With house values sitting at $674,542 on HonestDoor and the trend line moving downward, waiting for your next assessment to tell you where you stand is a gamble. Check your HonestDoor Price today and get the actual picture.

The So What: Thinking About Selling in Medway This Summer?

Straight talk: this is not a sellers market right now. Buyers are negotiating, properties are sitting for a month before selling, and the growth rankings put Medway near the lower end of the London leaderboard. That does not mean you cannot sell - it means you need to go in with clear eyes.

If you are a house owner, pricing sharp matters more than ever. That 96% sold-to-list ratio tells you buyers are not paying full ask. Coming in overpriced and chasing the market down is the worst outcome. Price it right from day one.

If you own a condo, the rental yield story is actually decent at 4.04%. If selling does not feel urgent, holding and renting is a legitimate play while you wait to see if the market finds its footing.

For anyone on the fence, the single best first move is knowing your real number. Pull your HonestDoor Price, compare it to what is actually selling nearby, and then decide. Do not let a stale government assessment be the thing that shapes a six-figure decision.

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.