Old Town, Stony Plain - August 2026 Real Estate Report

Old Town, Stony Plain: Your Neighbour Just Got a Better Offer Than You Think

The Vibe Right Now

If you live on one of Old Town's older streets and you haven't checked your home's value lately, you might be leaving real money on the table. The market here is moving faster than most people realize, and the numbers tell a pretty clear story - depending on whether you own a house or a condo.

Houses: A Quiet Sellers' Market Doing Its Thing

Here is the headline for house owners in Old Town. Buyers are paying above asking. The average sale price is sitting at $465,500, and homes are selling at 101.70% of list price. That means if you list at $450,000, you are likely walking away with more than that in your pocket. We are not talking about a bidding war frenzy, but we are absolutely in sellers' territory.

• Average HonestDoor Price: $446,226 - up 4.64% from the previous period
• Average sale price: $465,500
• Current average listing price: $457,241
• Price per square foot: $353
• Homes selling at: 101.70% of list price
• Average days on market: 8 days
• Estimated monthly rent: $2,190
• Rental yield: 5.80% - that is a strong return

Eight days on market is not a typo. Old Town houses are ranked 3rd out of 23 neighbourhoods in Stony Plain for speed of sale. That is a top-tier stat. When we talk about the "neighbourhood leaderboard," our houses are near the very top for how fast they move. Price-wise, we sit at 14th out of 31 neighbourhoods - above average. Growth rate sits at 22nd out of 39, which puts us in the middle of the pack, but the sales pace and above-list-price results tell a more optimistic story on the ground.

For anyone thinking about renting instead of selling, a $2,190 monthly rental estimate with a 5.80% yield is genuinely strong. That is not a number to ignore if you are weighing your options.

Condos: A Different Story - Read This Carefully

We have to be straight with you here. The condo picture in Old Town is more complicated. The HonestDoor Price for condos is $1,906,156 - which is significantly higher than anything you will find in nearby neighbourhoods like The Glens ($216,233), Woodlands ($289,930), or Fairhaven Place ($245,425). That gap is worth paying attention to.

• Average HonestDoor Price: $1,906,156 - up 3.52% from the previous period
• Predicted market value: $1,841,333
• 3-month moving average: $1,904,459 - values are dipping slightly
• Recent value change: -11.00%
• Estimated monthly rent: $4,610
• Rental yield: 3.22% - moderate
• Airbnb rank in Stony Plain: 4th - near the top for short-term income potential

On the neighbourhood leaderboard, Old Town condos rank 32nd out of 33 for growth. That is a bottom-of-the-pack position and it is worth knowing before you make any moves. The short-term rental potential is a bright spot - ranking 4th in all of Stony Plain for Airbnb income is genuinely impressive - but the overall value trend is taking a breather right now. If you own a condo here, this is not a panic moment, but it is absolutely a "know your numbers" moment.

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

Here is something most homeowners do not think about until it is too late. Your city assessment is a snapshot from months ago - sometimes longer. It does not know that Old Town houses are selling in 8 days. It does not know buyers are paying over asking. It is essentially a rear-view mirror.

The HonestDoor Price is updated in real time. It pulls from actual transaction data, current listings, and live market signals. For Old Town houses, that number is $446,226 and climbing - up 4.64% from the last period. If your tax assessment is sitting below that, you already have a gap between what the government thinks your home is worth and what a buyer would actually pay you today. That gap is your leverage - whether you are selling, refinancing, or just trying to understand what you actually own.

Do not wait for the next assessment cycle to find out. Check your HonestDoor Price now and use it as your real-world baseline.

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

For house owners in Old Town - the timing is genuinely good. Buyers are active, homes are moving in about a week, and the sold-over-asking trend means a well-priced listing is not going to sit. With 10 property transactions recorded in 2026 and Old Town ranking 5th in all of Stony Plain for total transaction volume, this neighbourhood has real buyer attention. Summer is historically when families want to move before school starts, so the next few months could be your window.

For condo owners - be strategic. The short-term rental angle is strong if you are not in a rush to sell. Ranking 4th in Stony Plain for Airbnb potential means there is income to be earned while you wait for the value trend to stabilize. If you do need to sell soon, price it sharp and lean on the HonestDoor Price as your anchor - not last year's assessment.

Bottom line: Old Town is not the flashiest neighbourhood on the Stony Plain leaderboard, but for houses, it is punching above its weight right now. Know your number, price it right, and move while buyers are still paying over asking.

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.