Meyonohk, Edmonton - August 2026 Real Estate Report

Meyonohk Real Talk: Your Home Is Worth More Than the City Thinks

If you own a home in Meyonohk and you have not looked at your HonestDoor Price lately, now is the time. The city's assessment is sitting at an average of $359,829 for houses - but the real-world number is closer to $386,423. That gap is not a rounding error. That is real money sitting on the table.

The Vibe: What Is Actually Happening in Our Neighbourhood

Meyonohk is a steady, no-drama kind of market right now. We are not seeing the wild swings of some Edmonton neighbourhoods, but we are also not standing still. Here is the honest breakdown for houses and condos.

Houses - Taking a Breather, But Not Broken

The average sale price for houses came in at $410,000 this period. That is down from last month, and homes are sitting on the market for about 50 days on average. Buyers are paying roughly 96.47% of list price, which means they are negotiating a little room off the ask. This is a cooling market - not a crashing one.

• Average sale price: $410,000
• Average list price: $425,000
• Price per square foot: $364
• Days on market: 50 days
• Sale-to-list ratio: 96.47%
• HonestDoor predicted value: $386,199
• Estimated monthly rent: $1,974
• Rental yield: 5.85%
• 3-month moving average: $382,340 (values trending up from here)

That 5.85% rental yield is genuinely strong. If you are thinking about holding rather than selling, the numbers support that call. And on the neighbourhood leaderboard, Meyonohk houses rank 98 out of 292 Edmonton neighbourhoods for growth - that puts us solidly in the above-average tier. Not flashy, but reliable.

How do we compare to the neighbours? Tipaskan houses are priced lower at a HonestDoor Price of $360,566, and their growth is slightly slower. Satoo is pricier at $491,537 but also growing slower. We sit in a comfortable middle ground - more affordable than Satoo, more upside than Tipaskan.

Condos - Fast-Moving and Fairly Priced

The condo story in Meyonohk is a different one. Units are moving fast - an average of just 17 days on market. That speed puts us at rank 11 out of 111 Edmonton neighbourhoods for days on market. That is elite territory for condo sellers.

• Average sale price: $205,000
• Average list price: $214,900
• Price per square foot: $214
• Days on market: 17 days
• Sale-to-list ratio: 96.79%
• HonestDoor predicted value: $191,976
• Estimated monthly rent: $1,049
• Rental yield: 4.33%

The predicted value has dipped slightly against the 3-month moving average of $195,269, so condo values are softening a touch. But compared to nearby Tipaskan condos at $159,073, Meyonohk condos are holding their own. If you own a condo here and have been on the fence about selling, the speed of the market is working in your favour right now.

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

Here is the thing about your city assessment - it is a snapshot from months ago, built on a formula that does not know what your kitchen renovation looks like or what sold two streets over last week. It is a starting point for your tax bill, not a reflection of what a buyer would actually pay you today.

The HonestDoor Price is updated in real time. For Meyonohk houses, it is running $386,423 on average - that is 7.39% higher than the average assessed value. For condos, the HonestDoor Price of $195,755 is up 1.97% from the previous period. These are live numbers, not last year's math.

If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - use the HonestDoor Price as your real-world check. The assessment is what the city thinks. The HonestDoor Price is what the market thinks.

The So What - Should You Sell in Meyonohk This Summer?

For house sellers, the honest answer is: it depends on your timeline. The market is cooler than it was, buyers have a little more leverage, and homes are taking about 50 days to move. If you price sharp and present well, you can still get a strong number - but do not expect a bidding war to bail out an overpriced listing.

For condo sellers, the window looks better right now. Seventeen days on market is fast. Buyers are active in that price range, and Meyonohk condos are priced above cheaper nearby options like Tipaskan while still being accessible. That is a good spot to be in.

Either way, start with your HonestDoor Price before you call an agent or set an ask. Knowing the real number - not the assessed number - puts you in a much stronger position at the table. Meyonohk has 828 assessed properties and 33 transactions already recorded in 2026. This neighbourhood moves. Make sure you are moving with the right information.

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.