Old Town, Airdrie - July 2026 Real Estate Report

Old Town, Airdrie: Here's What Your Home Is Actually Worth Right Now

If you live in Old Town and you're still going off your last city assessment, you're probably working with a number that doesn't reflect what's happening on the ground today. Here's the straight story on where things stand in our corner of Airdrie.

The Vibe: Houses vs. Condos - Two Very Different Stories

We've got a split market in Old Town right now, and it matters which side of it you're on.

Houses: Steady, But Taking a Breather

If you've been watching the "For Sale" signs in Old Town, here's what's actually happening with houses. The market is stable, but it's not on fire.

• Average HonestDoor Price: $523,159 - down 1.58% from last period
• Average sale price: $562,500
• Current listings averaging: $575,000
• Price per square foot: $434
• Homes are selling at 97.39% of list price - buyers are getting a small discount
• Average days on market: 40 days
• 2 sales recorded in 2026 so far
• Predicted market value: $531,570 - up slightly from the 3-month average of $530,310
• Estimated monthly rent: $2,656 with a rental yield of 5.58%

Forty days on market is the number to watch. That's not a panicked market, but it's not a feeding frenzy either. Buyers have time to think, which means sellers need to price sharp from day one. The 5.58% rental yield is genuinely strong - if you're holding a house in Old Town as a rental, the math is working in your favour.

On the neighbourhood leaderboard, Old Town houses rank 37 out of 48 for growth in Airdrie. That puts us in the below-average tier right now. The silver lining? Price rank sits at 17 out of 41, meaning we're above average in value compared to the rest of the city.

Condos: The Fastest Movers in the Building

The condo story in Old Town is a different conversation entirely - and honestly, a more exciting one for sellers.

• Average HonestDoor Price: $445,669 - down 6.41% from last period
• Average sale price: $137,000
• Current listings averaging: $142,500
• Price per square foot: $116
• Condos are selling at 96.58% of list price
• Average days on market: 14 days - very fast
• 2 sales recorded recently
• Predicted market value: $476,169 - up from the 3-month average of $462,046
• Estimated monthly rent: $1,878 with a rental yield of 3.90%

Fourteen days on market. That's the headline. Old Town condos rank 3rd out of 19 neighbourhoods in Airdrie for speed of sale - that's top tier. If you're a condo owner thinking about listing, buyers are not dragging their feet here. On the growth leaderboard, condos rank 12 out of 40 in Airdrie - solidly above average. The trade-off is affordability: we rank 25 out of 25 on price, meaning Old Town condos are the most affordable in the city. That's exactly why they're moving fast.

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

Here's the thing about your city assessment - it's a snapshot from months ago, built on a formula that doesn't know your renovated kitchen or the new park down the street. It's a tax tool, not a selling tool.

The HonestDoor Price is updated in real time using actual transaction data, current listing activity, and what comparable homes are doing right now. For Old Town house owners, that number is sitting at $523,159 today. For condo owners, it's $445,669. Those are the numbers a buyer's agent is going to be working from when they walk through your door.

Waiting for your next assessment to understand your home's value is like checking last year's weather forecast before a road trip. The HonestDoor Price is the real-world check - use it.

The "So What?" - Thinking About Selling This Summer?

If you're a house owner in Old Town, the market is stable but buyers have options and they know it. Homes are sitting for 40 days on average, and the sale-to-list ratio of 97.39% means overpricing will cost you time and negotiating power. Price it right from the start and you'll be fine. The predicted value of $531,570 is your anchor - list too far above it and you'll be chasing the market down.

If you're a condo owner, this summer could be your window. Fourteen-day average sales times, above-average growth rank, and a buyer pool that's clearly active - that combination doesn't last forever. The most affordable condos in Airdrie tend to attract first-time buyers and investors, and both groups are motivated right now.

Either way, your first move is checking your HonestDoor Price at honestdoor.com. Know your number before anyone else does.

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.