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    Northwood, Oshawa - September 2026 Real Estate Report

    2026-09-16 00:00 · Your HonestDoor Team

    Oshawa, Northwood

    Northwood, Oshawa: The Market Is Pumping the Brakes - Here Is What You Need to Know

    If you have been watching the "For Sale" signs in Northwood lately and wondering what is actually going on with prices, here is the straight answer: the market is taking a breather. Values are sliding, not crashing, but the direction matters if you are thinking about your next move.

    The Vibe: Houses vs. Condos in Northwood

    Let us break down what we are seeing on both sides of the market right now.

    Houses

    Our houses are still carrying serious price tags. The average HonestDoor Price sits at $1,446,127, but it has dipped 0.71% from the previous period. The predicted market value is $1,456,503, and that number is trending down - it is sitting below the 3-month moving average of $1,465,647. Property values have shifted by -4.50% recently. That is not a freefall, but it is a clear signal that the peak heat has passed.

    • Average HonestDoor Price: $1,446,127 (down 0.71%)
    • Predicted Market Value: $1,456,503
    • 3-Month Moving Average: $1,465,647
    • Recent Value Change: -4.50%
    • Estimated Monthly Rent: $5,027 - $5,095
    • Rental Yield: 4.31% (moderate returns)
    • Airbnb Potential: ~$250 per night
    • Airbnb Rank in Oshawa: 2nd out of all neighbourhoods
    • Neighbourhood Growth Rank: 20 out of 20 in Oshawa

    That Airbnb rank is genuinely impressive - we are second in all of Oshawa for short-term rental potential on houses. If you own here and have not looked at that angle, it is worth a conversation. The growth rank, though, is the honest part of the story. Sitting 20th out of 20 on the neighbourhood leaderboard means Northwood houses are currently at the back of the pack when it comes to price momentum in this city.

    Condos

    The condo picture is rougher. The average HonestDoor Price is $202,425, down a significant 12.21% from the previous period. The predicted market value of $230,575 is also falling below the 3-month moving average of $250,600. That is a meaningful gap, and it tells us the slide is still in motion.

    • Average HonestDoor Price: $202,425 (down 12.21%)
    • Predicted Market Value: $230,575
    • 3-Month Moving Average: $250,600
    • Recent Value Change: -7.13%
    • Estimated Monthly Rent: $1,112 - $1,260
    • Rental Yield: 4.31% (moderate returns)
    • Airbnb Potential: ~$56 - $62 per month
    • Airbnb Rank in Oshawa: 18th out of all neighbourhoods
    • Neighbourhood Growth Rank: 16 out of 19 in Oshawa

    Here is something worth noting for condo owners specifically: nearby neighbourhoods like Windfields ($568,425), Samac ($416,564), and Northglen ($375,817) are all priced significantly higher for condos. That gap is a real conversation starter if you are thinking about what your unit is actually worth compared to the broader area.

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

    Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know about the last few months of price movement in Northwood. It does not know values have been sliding. The HonestDoor Price is updated in real time, pulling from actual market activity. Right now, with houses down 4.50% and condos down 7.13% recently, the gap between what the city thinks your home is worth and what a buyer would actually pay could be significant.

    That matters for two reasons. First, if you are selling, you need a current number - not a stale government figure - to price your home competitively. Second, if your assessment feels high relative to where the market is heading, that is information worth having in your back pocket. Your HonestDoor Price is the real-world check that keeps you honest about where things actually stand today.

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

    If you are a Northwood homeowner eyeing a summer sale, here is the plain-language version of what this data is telling you.

    For house owners, you are still sitting on a high-value asset. The $1.4M+ price range is nothing to dismiss. But with the market trending down and Northwood sitting at the bottom of the Oshawa growth leaderboard right now, waiting for prices to climb back up is not a guaranteed strategy. Pricing sharp and moving with intention this summer may serve you better than holding out.

    For condo owners, the urgency is higher. A 12.21% drop in the HonestDoor Price and a predicted value that is falling below the 3-month average means the window for getting a strong number may be tightening. Neighbouring hoods are commanding much higher condo prices, which means buyers have options. Standing out on price and condition is going to matter more than it did a year ago.

    Bottom line: Northwood is not a neighbourhood in crisis, but it is one where knowing your real numbers right now - not last year's numbers - is the difference between a smart sale and leaving money on the table. Pull your HonestDoor Price, compare it to your assessment, and make decisions based on what the market is actually doing today.

    northwood | oshawa | september 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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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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