Oakes, Hamilton - August 2026 Real Estate Report

Oakes, Hamilton: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you live in Oakes and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table. The market here is holding firm - and in some cases, quietly climbing. Here's the real breakdown for houses and condos.

Houses: Steady at the Top of the Market

Oakes houses are not cheap - and that's the point. With an average sale price of $1,200,000 and a HonestDoor Price of $1,083,246, we're sitting in the top tier of Hamilton real estate. The price rank is 10 out of 72 comparable neighbourhoods. That puts us among the most expensive addresses in the city. That's not a bad thing if you own here.

The predicted market value is $1,080,962 and it's trending upward from the 3-month moving average of $1,073,872. Values have moved 0.48% recently. Small number, but it's moving in the right direction. On the neighbourhood leaderboard, Oakes houses rank 85 out of 207 for growth in Hamilton - solidly above average.

• Average HonestDoor Price (Houses): $1,083,246
• Average Sale Price: $1,200,000
• Price Per Square Foot: $440
• Predicted Market Value: $1,080,962
• 3-Month Moving Average: $1,073,872
• Recent Value Change: 0.48%
• Growth Rank: 85 out of 207 in Hamilton (above average)
• Price Rank: 10 out of 72 in Hamilton (among the most expensive)
• Estimated Monthly Rent: $4,437
• Rental Yield: 4.54%

For context, nearby Horning ($1,140,892), Marritt ($1,135,573), and Garner ($1,187,809) are all priced slightly higher. Oakes is competitive without being the most expensive option on the block - which actually makes it attractive to buyers who've been priced out of those streets.

Condos: A Dip Worth Watching, Not Panicking Over

Condo values in Oakes have dipped 0.92% recently, bringing the average HonestDoor Price to $693,610. But here's the thing - the predicted market value is $700,072, which is actually climbing above the 3-month moving average of $692,895. So the short-term blip looks like it's already correcting itself.

On the leaderboard, Oakes condos rank 88 out of 193 for growth in Hamilton. Above average. Not flashy, but consistent - which is exactly what condo investors want to hear.

• Average HonestDoor Price (Condos): $693,610
• Recent HonestDoor Price Change: -0.92%
• Predicted Market Value: $700,072
• 3-Month Moving Average: $692,895
• Recent Value Change: 1.62%
• Growth Rank: 88 out of 193 in Hamilton (above average)
• Estimated Monthly Rent: $3,319
• Rental Yield: 3.44%

Compared to neighbours, Oakes condos come in above Horning ($627,060 predicted) and just below Marritt ($755,583). That's a reasonable middle ground - and it means there's still room to grow toward what Marritt is doing.

The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

Here's something most Oakes homeowners don't realize. Your city tax assessment is a snapshot frozen in time. It gets updated on a schedule that has nothing to do with what's actually happening on your street right now. The HonestDoor Price is recalculated continuously using real market data - sales, trends, comparable properties, all of it.

Right now, the HonestDoor Price for houses in Oakes is $1,083,246. The predicted market value is $1,080,962 and it's trending up. If your tax assessment is sitting below that number - and for many Oakes homeowners it likely is - you have a real-world data point to use in conversations with buyers, agents, and yes, even the city. Don't wait for the next assessment cycle to find out what your home is actually worth today.

The So What - Should You Sell This Summer?

If you own a house in Oakes and you've been on the fence, the numbers give you a reasonable case to move. You're in the top 10 most expensive neighbourhoods in Hamilton. Values are inching up. And with an average sale price of $1,200,000, serious buyers are already shopping at your price point.

For condo owners, the story is a bit more patient. The short-term dip is real, but the 3-month trend is recovering. If you don't need to sell right now, holding a few more months while that 1.62% recent growth plays out could make sense. If you do need to sell, you're still priced above Horning and in a growth rank that beats more than half of Hamilton - that's a story worth telling buyers.

Either way, the first step is the same - check your HonestDoor Price before you do anything else. It's the most current number you have, and in this market, current beats everything.

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.