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    Odena, Sault Ste. Marie - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Sault Ste. Marie, Odena

    Odena, Sault Ste. Marie: Your Home Is Worth More Than the City Thinks - Here's the Proof

    The Vibe Right Now

    If you live in Odena and you haven't checked your HonestDoor Price lately, now is the time to do it. The story here is two very different markets sitting side by side - houses and condos - and they are moving in opposite directions. Let's break it down.

    Houses: Taking a Breather, But Still the Priciest Address Around

    Our houses are averaging a HonestDoor Price of $1,237,861 right now. Yes, that is down 7.03% from the previous period - so the market is taking a breather. But here is the thing: the forward-looking predicted value sits at $1,331,509, which is already climbing past the 3-month moving average of $1,276,484. The momentum is pointing back up.

    For context, every neighbour hood around us is cheaper. East Korah averages $803,780. Cedar Heights comes in at $674,467. Tbd37 is at $584,813. Odena houses are not just leading the pack - we are lapping it.

    • Average HonestDoor Price (Houses): $1,237,861
    • Predicted Market Value: $1,331,509
    • 3-Month Moving Average: $1,276,484
    • Recent Value Change: +2.15%
    • Average Rental Estimate: $4,819 per month
    • Predicted Rental Estimate: $5,064 per month
    • Rental Yield: 4.25% - moderate but steady
    • Airbnb Estimate: $239 per night
    • Airbnb Rank in Sault Ste. Marie: #1
    • Growth Rank: 25 out of 25 neighbourhoods

    That growth rank of 25 out of 25 is worth a straight conversation. It means house price growth in Odena is currently sitting at the bottom of the Sault Ste. Marie leaderboard. That 7% dip is real. But the predicted value climbing back toward $1.33 million suggests this is a pause, not a collapse. If you are a house owner here, watch the next 90 days closely.

    One number that does not lie: Odena holds the #1 Airbnb rank in all of Sault Ste. Marie. At $239 a night, if you have extra space, that is a serious income lever that no other neighbourhood in the city can match.

    Condos: The Quiet Overachiever on the Block

    Here is the surprise. While houses are cooling off, our condos are quietly putting up the best growth numbers in the city. The condo growth rank is #1 out of 23 comparable neighbourhoods in Sault Ste. Marie. That is not a typo.

    The average HonestDoor Price for condos is $149,217, which is down 15.69% from the previous period on the surface. But the predicted market value has jumped to $176,993 - a 14.28% recent change - and that is well above the 3-month moving average of $165,465. The market is correcting fast and moving upward.

    Compare that to nearby neighbourhoods where condos run $253,126 to $283,639. Odena condos are the entry point into a neighbourhood that punches well above its weight.

    • Average HonestDoor Price (Condos): $149,217
    • Predicted Market Value: $176,993
    • 3-Month Moving Average: $165,465
    • Recent Value Change: +14.28%
    • Average Rental Estimate: $814 per month
    • Predicted Rental Estimate: $958 per month
    • Rental Yield: 4.29% - moderate and growing
    • Airbnb Estimate: $41 per night
    • Airbnb Rank in Sault Ste. Marie: #19
    • Growth Rank: #1 out of 23 neighbourhoods

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

    Here is the honest truth about government assessments: they are a snapshot from the past. The city looks at sales data that can be 12 to 24 months old and slaps a number on your property. That number then sits there, frozen, while the real market keeps moving.

    The HonestDoor Price is updated in real time using actual market signals. For Odena condo owners, that gap is enormous right now. The predicted value of $176,993 is already running well ahead of where static assessments would peg things. For house owners, the predicted value of $1,331,509 tells a very different story than a dipping current average might suggest.

    If you are making any decision - refinancing, selling, even just understanding your net worth - your HonestDoor Price is the real-world check. Your tax assessment is not.

    So What Does This Mean If You Are Thinking About Selling This Summer?

    For house sellers: the timing question is fair. Prices dipped 7% and the growth rank is sitting at the bottom of the city leaderboard right now. But the predicted value is climbing, the rental demand is strong at $5,064 per month, and Odena still commands prices that no surrounding neighbourhood can touch. If you need to sell this summer, you are still selling from a position of strength - just price it sharp and do not chase last year's peak. If you can wait 90 days, the momentum data suggests the market may come back to you.

    For condo sellers: this might actually be your window. A 14.28% recent value change and the #1 growth rank in the city means buyer interest is real and rising. Condos here are still priced below every comparable neighbourhood, which makes them easy to sell. Get your HonestDoor Price, list at the right number, and you will not be sitting on the market long.

    Either way, do not let a stale city assessment set your expectations. Pull your HonestDoor Price first. That is the number that reflects what a buyer would actually pay today.

    odena | sault ste. marie | july 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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