Northmount, Edmonton - September 2026 Real Estate Report

Northmount, Edmonton: Your Home Is Worth More Than the City Thinks

If you own a home in Northmount and you have not checked your HonestDoor Price lately, you are probably leaving money on the table. The city's assessment says one thing. The real world says another. Here is what is actually going on in our neighbourhood right now.

The Vibe: Houses vs. Condos in Northmount

Houses - A Buyer's Market, But Sellers Still Have an Edge

If you have been watching the "For Sale" signs on our streets, here is what the numbers are telling us. Houses in Northmount are sitting on the market for an average of 52 days. That is almost two full months, and it is noticeably longer than nearby Glengarry where homes are moving in 27 days. The market is taking a breather.

Buyers are also negotiating. The average sale price landed at $412,500, but homes are selling at about 93.84% of list price. That means if you list at $400,000, expect offers closer to $375,000. Price it right from day one and you cut that gap significantly.

• Average house sale price: $412,500
• Price per square foot: $317
• Average days on market: 52 days
• Sale-to-list ratio: 93.84% - buyers are paying below asking
• Properties sold in 2026 so far: 48 total transactions in the neighbourhood
• Predicted market value (houses): $398,985
• Estimated monthly rent: $2,074 with a rental yield of 5.82%
• Growth rank: 101 out of 291 Edmonton neighbourhoods - above average

That 5.82% rental yield is the number investors should be circling. For anyone thinking about holding rather than selling, Northmount houses are generating solid rental returns right now. The predicted value of $398,985 is also trending up from the 3-month moving average of $395,276, which means the floor is rising even if the pace is slow.

Condos - Proceed With Eyes Open

We will be straight with you on condos. The data here tells a more cautious story. The average condo sale price dropped 19.1% from last month to $199,500, and the predicted market value has slipped 8.31% recently. That puts the condo growth rank at 287 out of 302 Edmonton neighbourhoods - that is bottom-tier performance and worth knowing before you make any moves.

The one silver lining? Northmount condos are still selling faster than Evansdale (65 days here versus 86 days there), which tells us there is still buyer interest. And at $200 per square foot, the entry price is accessible.

• Average condo sale price: $199,500 (down 19.1% from last month)
• Current average listing price: $224,900
• Price per square foot: $200
• Average days on market: 65 days
• Sale-to-list ratio: 93.50%
• Estimated monthly rent: $6,433 with a rental yield of 2.88%
• Growth rank: 287 out of 302 Edmonton neighbourhoods - bottom performers

If you own a condo in Northmount and are thinking about selling, the window is not closing overnight, but the trend is not your friend right now. Sooner is better than later.

The Secret Sauce: Your HonestDoor Price vs. That City Assessment

Here is the thing about your city assessment. It is a snapshot frozen in time. The city assessed the average Northmount house at $371,036. The average HonestDoor Price right now is $389,340. That is a gap of nearly $18,000 - and that gap is real money if you are pricing a listing, refinancing, or just trying to understand what your biggest asset is actually worth.

The HonestDoor Price updates in real time using actual market activity. The city assessment does not. It is that simple. Waiting for next year's assessment to understand your home's value is like checking last year's weather forecast before you head outside today.

For houses specifically, the HonestDoor Price sits 4.93% above the average assessed value in Edmonton. That is not a rounding error. That is the difference between an informed decision and a guess.

• Average city assessment (houses): $371,036
• Average HonestDoor Price (houses): $389,340 - $18,304 higher
• HonestDoor Price is 4.93% above Edmonton's average assessed value
• 955 properties assessed in Northmount this year

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

If selling is on your radar for this summer, here is the honest take for Northmount.

For house owners, you are in a better spot than the condo market, but you need to be realistic on price. Homes are selling below list, and 52 days on market means buyers are not rushing. The good news is your HonestDoor Price of $389,340 on average gives you a real-world anchor to price from. Come in sharp, not greedy, and you can still get a strong result. The neighbourhood's growth rank of 101 out of 291 puts us in the upper half of Edmonton - that is a legitimate selling point.

For condo owners, the data is harder to ignore. Prices are down, the growth rank is near the bottom, and the predicted value is trending lower. If you have been sitting on the fence, this summer may be the better side of the fence to act on. Waiting for the market to recover here carries real risk.

Either way, the smartest first step is checking your HonestDoor Price before you call an agent, set a list price, or sign anything. It is the real-world check that your city assessment simply cannot give you.

• Northmount neighbourhood growth: 0.08% year over year
• Total transaction rank in Edmonton: 52 - this neighbourhood trades hands regularly
• Nearby comparison - Glengarry HonestDoor Price: $354,342 (cheaper, growing faster at 0.15%)
• Nearby comparison - Evansdale HonestDoor Price: $523,487 (much pricier, growing slower)
• Nearby comparison - Kildare HonestDoor Price: $360,815 (cheaper, growing faster at 0.10%)

Bottom line - Northmount is a stable, mid-range neighbourhood with real rental income potential for houses and a caution flag on condos. Know your number before you make your move.

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.