Oakes, Hamilton - October 2026 Real Estate Report
Oakes, Hamilton: What Your Home Is Actually Worth Right Now
If you live in Oakes and you haven't checked your HonestDoor Price lately, you might be working off a number that's already out of date. Here's the straight story on what's happening with home values in our corner of Hamilton.
The Vibe: Houses vs. Condos - Two Very Different Stories
We're seeing a split market in Oakes right now, and it matters depending on what you own.
Houses are holding steady. The average sale price sits at $1,200,000, with a price per square foot around $440. The HonestDoor Price for houses is $1,082,757 - up a hair at 0.09% from last period. That's not a rocket ship, but it's not sliding either. Think of it as the market catching its breath. On the leaderboard, Oakes houses rank 9 out of 73 neighbourhoods in Hamilton for price - meaning we're sitting near the top of the city for home values. For growth, we rank 55 out of 198, which puts us in above-average territory. Not leading the pack, but well ahead of the middle.
- Average HonestDoor Price (Houses): $1,082,757
- Average Sale Price: $1,200,000
- Price Per Square Foot: $440
- Estimated Monthly Rent: $4,436
- Rental Yield: 4.54%
- Airbnb Estimate: $220 per night
- Hamilton Airbnb Rank: 72 out of comparable neighbourhoods
- Growth Rank: 55 out of 198 in Hamilton
- Price Rank: 9 out of 73 in Hamilton
Condos are a different conversation. The HonestDoor Price for condos jumped 4.65% to $688,104 - that's a real move. But the predicted market value is $657,539, which is actually down from the 3-month moving average of $683,587. Recent price change sits at -5.17%. On the growth leaderboard, condos rank 161 out of 186 in Hamilton. That puts condo owners near the bottom of the city for recent growth. If you own a condo in Oakes, now is the time to pay close attention - not panic, but pay attention.
- Average HonestDoor Price (Condos): $688,104 (up 4.65%)
- Predicted Market Value: $657,539
- 3-Month Moving Average: $683,587
- Recent Price Change: -5.17%
- Estimated Monthly Rent: $3,279
- Rental Yield: 3.53%
- Airbnb Estimate: $163 per night
- Hamilton Airbnb Rank: 36 out of comparable neighbourhoods
- Growth Rank: 161 out of 186 in Hamilton
The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment
Here's the thing about your city assessment - it's a snapshot from the past. The government sets it, files it, and moves on. It doesn't update when the market shifts, when a new listing sells down the street, or when buyer demand changes month to month.
The HonestDoor Price is a real-world check. It pulls in current data and updates regularly, so when the condo market in Oakes dips 5.17% in a short window, your HonestDoor Price reflects that. Your tax assessment doesn't. For house owners, that gap matters too - your assessment might be sitting well below the $1,082,757 HonestDoor Price, which means you could be making decisions based on a number that undersells what you actually have.
Knowing your real number isn't just satisfying - it's practical. It changes how you negotiate, how you price, and how you plan.
The So What: Thinking About Selling This Summer?
For house owners in Oakes, the timing isn't bad. Prices are stable, we're ranked near the top of Hamilton for value, and a rental yield of 4.54% means buyers who are running the numbers will still find the math interesting. One sale last month keeps the data thin, so don't read too much into a single transaction - but the fundamentals here are solid.
For condo owners, summer 2025 deserves a harder look. A -5.17% recent price shift and a growth rank of 161 out of 186 means the wind isn't at your back right now. That doesn't mean don't sell - it means go in with clear eyes and a current number. Check your HonestDoor Price before you talk to an agent. Know where you actually stand before you set a list price.
Compared to nearby neighbourhoods, Oakes houses are priced below Horning ($1,134,538), Marritt ($1,156,795), and Garner ($1,211,364). That gap could work in your favour as a seller - buyers priced out of those streets will look at Oakes as the smarter move on the same block of the city.
Bottom line: house owners in Oakes are in a decent spot. Condo owners need a fresh look at their numbers - and HonestDoor is the place to start.
oakes | hamilton | october 2026This 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.