Miller, Edmonton - August 2026 Real Estate Report

Miller, Edmonton: Your House Is Worth More Than the City Thinks

If you own a home in Miller and you have not checked your HonestDoor Price lately, now is the time. The city's assessment is sitting at $447,414 for houses - but the real-world number is already past that. Here is what is actually going on in our corner of Edmonton right now.

The Vibe: Houses vs. Condos in Miller

Houses - Holding Strong

If you have been watching the "For Sale" signs on our streets, here is what the numbers are actually telling us. Houses in Miller are selling at an average of $431,967, and the predicted market value is pushing even higher at $458,861 - up from a 3-month average of $451,065. That upward trend matters. It means momentum is on the seller's side right now.

• Average sale price: $431,967
• Current average list price: $494,900
• Price per square foot: $324
• Homes selling at 99.56% of list price - buyers are not getting big discounts here
• Average days on market: 21 days
• Rental yield: 5.71% - that is a strong return if you are holding as an investment
• Estimated monthly rent: $2,350
• Properties sold in 2026: 31 across the neighbourhood

That 21-day average is worth paying attention to. Our houses are selling faster than nearby Ebbers, where homes are sitting for 29 days. When buyers are moving quickly, sellers have the upper hand. On the neighbourhood leaderboard, Miller houses rank 20 out of 292 Edmonton neighbourhoods for growth rate. That puts us in the top tier - not average, not middle of the pack. Top tier.

Condos - Taking a Breather

The condo side of Miller is a different story, and we should be straight about it. Values have dipped 0.79% recently, and the predicted market value of $234,371 is just slightly below the 3-month moving average of $235,512. It is not a freefall - it is a cooling. The market is still moving, with 4 sales last month and an average of 33 days on market.

• Average sale price: $325,250
• Current average list price: $313,267
• Price per square foot: $319
• Homes selling at 98.49% of list price
• Average days on market: 33 days
• Rental yield: 4.28% - moderate, but still positive
• Estimated monthly rent: $1,271
• Properties sold in 2026: 18 condos

Here is the silver lining for condo owners: even with the recent dip, Miller condos are still priced above every nearby neighbourhood we track. Ebbers condos sit at $191,869 predicted value. Clareview Town Centre and Casselman are both cheaper too. We are holding a price premium in this category, even in a slower stretch. The growth rank of 189 out of 302 is below average - but the price rank of 45 out of 218 tells you Miller condos are still among the higher-value options in Edmonton.

The Secret Sauce: Why Your HonestDoor Price Beats the City's Assessment Right Now

Here is the thing about your city assessment - it is a snapshot from months ago, built on data that is already stale by the time it lands in your mailbox. The HonestDoor Price updates in real time, pulling from actual market activity as it happens.

For house owners in Miller, that gap is already working in your favour. The average assessed value is $447,414. The average HonestDoor Price is $457,089. That is a $9,675 difference - and it is 2.16% higher than the Edmonton average assessed value. If you are making any financial decision based on the city's number alone, you are leaving money on the table.

For condo owners, the picture is flipped. The city assessed condos at an average of $266,271, but the HonestDoor Price is $236,759 - about 11% lower. That gap matters if you are budgeting, refinancing, or planning a sale. The HonestDoor Price is the real-world check. Use it.

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

If you own a house in Miller and you are thinking about listing this summer, the conditions are about as good as they get right now. Homes are moving in 21 days. Buyers are paying close to full ask. The predicted value is trending up. And we rank in the top 20 neighbourhoods in all of Edmonton for growth. That is not a bad position to sell from.

The practical move: check your HonestDoor Price before you call an agent. Walk in knowing your real number, not the city's old one. With listings averaging $494,900 right now, there is room to price confidently.

If you own a condo, the honest advice is to watch the next 60 to 90 days. The market is not broken - 4 sales last month and a price rank in the top 45 out of 218 Edmonton neighbourhoods says there is still demand. But with values edging down slightly and days on market longer than Ebbers, patience will serve you better than rushing to list. If you need to sell, price sharp and move fast. If you can wait, let the market settle and check your HonestDoor Price again in the fall.

Either way, Miller is not a neighbourhood to sleep on. The house market is punching well above its weight, and even the condo side is holding value that most nearby areas cannot match.

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.