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

      2026-10-16 00:00 · Your HonestDoor Team

      Sault Ste. Marie, Odena

      Odena, Sault Ste. Marie: Your Home Is Worth More Than the City Thinks

      The Vibe Right Now

      If you own a house in Odena, you are sitting on some of the most valuable real estate in Sault Ste. Marie. Full stop. The average HonestDoor Price for a house here is $1,252,370. That is not a typo. And while that number has dipped a modest 0.52% from last period, the bigger picture tells a different story - the predicted market value is climbing to $1,258,978, up from a 3-month moving average of $1,219,928. That is real upward momentum.

      On the condo side, we need to be straight with you. The average HonestDoor Price for a condo in Odena sits at $148,119, which is down 13.41% from the previous period. That is a notable drop. The silver lining? The predicted value is tracking higher at $171,048, up from a 3-month average of $157,852, and condo growth ranks 6 out of 23 comparable neighbourhoods in Sault Ste. Marie - that puts Odena condos in the above-average tier on the leaderboard. So the short-term dip may not tell the whole story.

      Houses vs. Condos - Breaking It Down

      Here is a quick snapshot of where things stand for each property type in Odena right now:

      • House - Average HonestDoor Price: $1,252,370 (down 0.52%)
      • House - Predicted Market Value: $1,258,978
      • House - 3-Month Moving Average: $1,219,928
      • House - Estimated Monthly Rent: $4,869
      • House - Rental Yield: 4.31%
      • House - Airbnb Estimate: $242 per night
      • House - Airbnb Rank in Sault Ste. Marie: 1st
      • House - Recent Value Change: 8.34%
      • House - Growth Rank: 14 out of 25 neighbourhoods (below average tier)
      • Condo - Average HonestDoor Price: $148,119 (down 13.41%)
      • Condo - Predicted Market Value: $171,048
      • Condo - 3-Month Moving Average: $157,852
      • Condo - Estimated Monthly Rent: $808
      • Condo - Rental Yield: 4.29%
      • Condo - Airbnb Estimate: $41 per night
      • Condo - Airbnb Rank in Sault Ste. Marie: 19th
      • Condo - Recent Value Change: 10.08%
      • Condo - Growth Rank: 6 out of 23 neighbourhoods (above average tier)

      One number that stands out for house owners - that Airbnb rank of 1st in all of Sault Ste. Marie. At $242 per night, Odena houses are the top short-term rental play in the city. No other neighbourhood touches that. If you have a spare property or are thinking about your options, that is a serious income lever.

      Compare that to nearby neighbourhoods and the gap is clear. East Korah houses average $837,854. Cedar Heights comes in at $722,256. Tbd37 sits at $614,670. Odena is not just ahead - it is in a different conversation entirely.

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

      Here is the thing about your city assessment - it is a snapshot from the past. The city looks at sale data from a fixed point in time and applies it broadly. It does not know that your street has been moving, that buyer demand has shifted, or that your specific property type is tracking upward right now.

      The HonestDoor Price is updated in real time using actual market signals. For Odena house owners, that means the difference between a static government number and a live read showing $1,252,370 to $1,258,978. That gap could be tens of thousands of dollars you are leaving on the table if you price based on an old assessment. Do not let a stale number set your expectations - or your asking price.

      For condo owners, this matters even more right now. Your assessment may not reflect the recent dip, but it also will not reflect the recovery momentum showing in the predicted value. Knowing both sides of that picture is how you make a smart decision - not a reactive one.

      So What? - Thinking About Selling This Summer?

      If you own a house in Odena and you are thinking about listing this summer, the data is working in your favour. Values are up 8.34% recently, the predicted price is above the 3-month average, and you are sitting in the top-ranked Airbnb neighbourhood in the city. Buyers who want short-term rental income will pay attention to that. Use it.

      The growth rank of 14 out of 25 means Odena houses are middle-of-the-pack on the neighbourhood leaderboard for growth pace - not the fastest mover in the city, but steady. That is actually a good story for sellers. It signals stability, not a spike that buyers will try to negotiate down from.

      If you own a condo and are weighing your options, the honest answer is - timing matters here. The 13.41% price drop is real and buyers will know it. But the predicted value recovery and a top-6 growth rank suggest this is more of a breather than a breakdown. If you can hold, the trend line is pointing up. If you need to sell now, price sharp and lean on that rental yield story - 4.29% is a solid number for an investor buyer.

      Bottom line: check your HonestDoor Price before you do anything else. It is the most current read you have on what your Odena property is actually worth today - not last year, not at the last assessment cycle. Today.

      odena | sault ste. marie | october 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 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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