Notre Dame, Morinville - July 2026 Real Estate Report

Notre Dame, Morinville: Here's What Your Home Is Actually Worth Right Now

If you live in Notre Dame and you're still going off your last city assessment, you're probably working with a number that's already out of date. Here's the real picture - straight from the data, no spin.

The Vibe: What's Happening With Houses and Condos in Notre Dame

Let's split this into two conversations, because houses and condos are telling very different stories right now.

Houses - Strong Prices, But Take Your Time

If you've been watching the "For Sale" signs in Notre Dame, here's what's actually happening with houses. The average sale price hit $550,500 this period - that's up 25.1% from last month. That's a big jump. Current listings are sitting at $565,000, and price per square foot is running around $277.

Now, the honest part. Only one property sold, and it sat on the market for 129 days before it did. Homes are selling at 97.43% of list price, meaning buyers are getting a small discount at the table. That's not a bad market - it just means we're not in a bidding-war frenzy. Sellers who price right are still getting close to what they're asking.

• Average HonestDoor Price: $446,033
• Recent change in HonestDoor Price: down 2.77%
• Predicted market value: $458,750
• 3-month moving average: $453,507 (values are climbing)
• Rental yield: 5.71% - that's a strong return for investors
• Estimated monthly rent: $2,340
• Airbnb estimate: $114 per night (ranked 4th in Morinville)
• Growth rank: 8 out of 14 neighbourhoods in Morinville
• Price rank: 3 out of 13 - we're near the top for value in this city

On the neighbourhood leaderboard, Notre Dame houses rank 8th out of 14 for growth - right in the middle of the pack. But for price? We're sitting at 3rd out of 13. That means Notre Dame is one of the pricier addresses in Morinville, even if growth has been modest lately. Days on market rank is 9th out of 12, so yes - homes here take a bit longer to sell than in some other pockets of the city.

Condos - Quietly Climbing and Worth a Second Look

Condos in Notre Dame are a different story - and honestly, a pretty decent one if you own one. The HonestDoor Price is sitting at $188,814, up 0.80% from last period. The predicted market value is $187,314, and that number is trending up from a 3-month average of $181,571. Values have moved 2.59% recently.

• Average HonestDoor Price: $188,814
• Recent change: up 0.80%
• Predicted market value: $187,314
• 3-month moving average: $181,571 (trending up)
• Estimated monthly rent: $1,030
• Rental yield: 4.35% - moderate but steady
• Airbnb estimate: $52 per night
• Growth rank: 5 out of 11 neighbourhoods in Morinville - above average

On the condo leaderboard, Notre Dame ranks 5th out of 11 for growth - that puts us in the above-average tier. Nearby Grandin View Point condos are slightly ahead at $191,730 predicted value, but the gap is small. If you own a condo here, you're not losing ground.

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

Here's the thing about city assessments - they're a snapshot from months ago, sometimes longer. They don't react to what's happening on the street right now. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. It's the difference between checking yesterday's weather forecast and stepping outside to see what it actually feels like.

For Notre Dame house owners, the HonestDoor Price is $446,033 right now. Your city assessment? It could be thousands off in either direction. If you're making any financial decision - refinancing, selling, even just curious - the HonestDoor Price is the number you want in your hand first. It's your real-world check against a static government number.

For condo owners, the same logic applies. At $188,814, your HonestDoor Price reflects a market that's been quietly ticking upward. Your assessment may not show that yet.

The So What - Should You Sell in Notre Dame This Summer?

If you're thinking about listing a house this summer, here's the straight answer. Prices are high - 3rd in Morinville - and the predicted value is climbing past the 3-month average. That's a good sign. But homes here are taking about 129 days to sell on average, so you need to go in with realistic expectations and a sharp list price. Buyers are paying 97.43% of ask, which means overpricing by even a little will cost you time and momentum.

The rental yield on houses is 5.71%. If selling doesn't feel urgent, holding and renting is a genuinely solid option in this neighbourhood.

For condo owners, the market is steadier and less dramatic. Growth is above average for Morinville condos, and values are moving in the right direction. If you've been waiting for a signal to list - this is a reasonable window. Just know that nearby options like Grandin View Point are priced slightly higher, so buyers have choices.

Bottom line - Notre Dame is not a neighbourhood in trouble. It's taking a breather on growth, but it holds its value well and sits near the top of Morinville's price rankings. Check your HonestDoor Price before you make any move. It's the most current number you've got.

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.