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      Mission Urban-Infill Area, Mission - October 2026 Real Estate Report

      2026-10-16 00:00 · Your HonestDoor Team

      Mission, Mission Urban-Infill Area

      Mission Urban-Infill Area: Your Home Is Worth More Than the City Thinks

      If you own a place in Mission Urban-Infill Area and you have not checked your actual market value lately, here is the short version - the city's assessment is running behind. The real numbers tell a more interesting story, and it is worth knowing before you make any moves this summer.

      The Vibe: What Is Actually Happening Out Here

      We are sitting in a market that is taking a breather. Growth dipped 0.05% year over year, and recent property values have slipped a touch. But "cooling" does not mean "crashing." Here is how houses and condos are stacking up right now.

      Houses in Mission Urban-Infill Area

      The average sale price for houses is sitting at $740,000, with a price per square foot around $537. Nine properties sold last month - steady, not spectacular. The predicted market value is $926,009, which is dipping slightly below the 3-month moving average of $935,510. Values have shifted -1.74% recently.

      • Average HonestDoor Price: $937,436 - up 1.25% from last period
      • Average assessed value: $885,944
      • HonestDoor Price is 5.81% above the city assessment
      • Average rental estimate: $3,991 per month
      • Airbnb estimate: $198 per night
      • Rental yield: 4.85% - moderate but real
      • 57 property transactions recorded in 2026
      • Growth rank: 8 out of 12 neighbourhoods in Mission
      • Price rank: 10 out of 10 - among the most affordable in Mission
      • Total transaction rank: 1 in Mission - we lead the area in sales volume

      On the neighbourhood leaderboard, houses here rank 8th out of 12 for growth. That puts us in the lower half, but the transaction volume ranking of 1st tells us people are still buying here more than anywhere else in Mission. Affordability is driving that.

      How do we compare to neighbours? Israel Bench houses average $1,255,950 and Cedar Valley sits at $1,196,649. We are significantly more affordable, which is exactly why buyer activity stays strong here.

      Condos in Mission Urban-Infill Area

      The condo side of things is smaller but worth watching. Only 2 condos sold last month, and the average sale price is $377,000 at around $390 per square foot. The predicted market value is $619,524, just slightly off the 3-month moving average of $621,442. Values have moved -1.24% recently.

      • Average HonestDoor Price: $614,652 - down 0.79% from last period
      • Average assessed value: $424,260
      • HonestDoor Price is 44.88% above the city assessment
      • Average rental estimate: $2,668 per month
      • Airbnb estimate: $132 per night
      • Rental yield: 3.81% - moderate
      • 4 condo transactions recorded in 2026
      • Growth rank: 5 out of 9 neighbourhoods - right in the middle of the pack
      • Price rank: 2 out of 2 - most affordable condo market in Mission
      • Airbnb rank: 1 in Mission - top spot for short-term rental potential

      That 44.88% gap between the assessed value and the HonestDoor Price on condos is the headline number here. The city thinks your condo is worth $424,260. The market says closer to $614,652. That is not a rounding error - that is a significant difference that affects every decision you make about your property.

      The Secret Sauce: Why Your HonestDoor Price Matters Right Now

      Here is the thing about government assessments - they are a snapshot from the past. The city assessed 5,988 properties in Mission Urban-Infill Area this year, but that number reflects data that is already months old by the time it lands in your mailbox.

      The HonestDoor Price is a real-time check on what your property is actually worth today, using current sales, market shifts, and live data. For houses here, that means a $51,492 gap in your favour over the assessed value. For condos, we are talking about a $190,392 difference. If you are making any financial decision - refinancing, selling, or just figuring out your net worth - using the city's number is like navigating with an old map.

      Check your HonestDoor Price now. Do not wait for next year's assessment to catch up.

      The So What: Should You Sell This Summer?

      If you are a homeowner in Mission Urban-Infill Area thinking about listing this summer, here is the honest read. The market is not on fire, but it is not broken either. Values have softened slightly in the short term, but we still rank 1st in Mission for total transaction volume. Buyers are here. They are active. They are choosing this neighbourhood because it is the most affordable entry point in the area.

      For house sellers, the HonestDoor Price of $937,436 gives you a strong anchor for pricing conversations. You are sitting above the city's assessment and in a neighbourhood where 57 transactions happened in 2026 - that is real demand.

      For condo owners, the story is even sharper. You are in the top-ranked neighbourhood in Mission for Airbnb potential, and your real market value is nearly 45% above what the city assessed. If you have been underestimating what you own, now is the time to get the real number.

      Bottom line - if you are thinking about selling, do not price off the assessment. Get your HonestDoor Price, understand where you sit on the leaderboard, and make the call with current data in your hands.

      mission urban-infill area | mission | october 2026

      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.

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