Meyonohk, Edmonton - July 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 checked 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 $386,199. That is a $26,000 gap you might be leaving on the table if you are making decisions based on outdated paperwork.

The Vibe: What Is Actually Happening in Our Neighbourhood

Meyonohk is not booming, but it is not sliding either. We are in a steady, grounded market - the kind where smart moves matter more than lucky timing. Here is how houses and condos are each telling a different story right now.

Houses: A Buyer's Market, But Sellers Still Have Cards to Play

If you have been watching the "For Sale" signs on our streets, here is what is actually happening. Houses are selling at about 97.4% of list price, which means buyers are getting small discounts - but sellers are not giving the place away. The average sale price is $510,000, while listings are sitting at $569,900. That gap tells you there is room to negotiate, and buyers know it.

• Average sale price: $510,000
• Average list price this month: $569,900
• Price per square foot: $393
• Average days on market: 54 days
• Sale-to-list ratio: 97.39%
• Predicted market value: $380,581
• Rental yield: 5.86%
• Estimated monthly rent: $1,950

Homes are taking 54 days to sell on average - a bit slower than nearby Tipaskan at 50 days. That is the market taking a breather, not falling apart. On the neighbourhood leaderboard, Meyonohk houses rank 150 out of 302 for growth, putting us in above-average territory across Edmonton. For price, we rank 238 out of 285 - meaning we are one of the more affordable options in the city, which is actually a selling point for attracting buyers priced out of pricier pockets.

Compared to our neighbours, Satoo houses are running at an HonestDoor Price of $488,424 - significantly higher than us. Mill Woods Park is at $417,750. We are the value play in this corner of Edmonton, and that matters to buyers who are shopping the area.

Condos: Fast-Moving Units in a Cooling Price Environment

The condo story in Meyonohk is a bit more nuanced. Prices dipped 1.4% last month, and the HonestDoor Price of $191,976 is actually sitting just below the city's assessed value of $192,940. That is a rare flip - and it is worth paying attention to.

• Average sale price: $205,000
• Average list price this month: $214,900
• Price per square foot: $214
• Average days on market: 17 days
• Sale-to-list ratio: 96.79%
• Predicted market value: $195,748
• Rental yield: 4.33%
• Estimated monthly rent: $1,071

Here is the bright spot - condos are selling fast. We rank 10 out of 108 Edmonton neighbourhoods for days on market. That means when a condo hits the market here, it does not sit. Buyers are engaged. The challenge is that prices are under mild pressure, with recent value change at -1.18%. On the growth leaderboard, condos rank 168 out of 296 - below average, but not alarming. If you own a condo here and are thinking about renting it out, the $1,071 monthly estimate and 4.33% yield are decent numbers in today's market.

Our condos are priced above Tipaskan ($170,897 average sale) but below Satoo and Ekota, both sitting above $226,000. We are in the middle of the pack - affordable enough to attract buyers, established enough to hold value.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about the city's assessed value - it is a snapshot from the past. It does not update in real time, and it does not care what happened in the market last month. The HonestDoor Price does. It pulls from actual transaction data, current listings, and real market movement to give you a live read on what your property is worth today.

For Meyonohk houses, that difference is $26,370 - the gap between the $359,829 assessed value and the $386,199 HonestDoor Price. That is not a rounding error. That is the difference between pricing your home right and leaving money behind. The HonestDoor Price is up 1.48% from the previous period, which means momentum is on the side of house owners right now.

For condo owners, the picture is different. The HonestDoor Price has dipped 1.93% and is slightly below the assessed value. That is exactly the kind of signal you want to catch early - before you make a move based on a number the city handed you months ago.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Meyonohk and are thinking about listing this summer, the window is open - but it requires a smart approach. Homes are sitting for 54 days on average, so pricing sharp from day one matters more than ever. Buyers are paying just under list price, which means an overpriced listing will just sit and get stale. Come in at the right number and you will find a buyer.

The rental yield on houses is 5.86% - one of the stronger numbers in the area. If selling does not feel urgent, holding and renting is a legitimate play. With 828 properties assessed this year and 30 transactions recorded in 2026, this is an active neighbourhood with real demand.

For condo owners, the faster days-on-market stat is your friend. If your unit is in good shape, it can move quickly. But watch the pricing - the market is not rewarding wishful numbers right now. The predicted value of $195,748 is your anchor. List close to that and you stand a real chance of a clean, fast sale before summer winds down.

Bottom line - Meyonohk is a solid, stable neighbourhood with real value for buyers and reasonable returns for owners. Check your HonestDoor Price, know where you stand, and make your move with actual data behind you.

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.