O'Leary Avenue, St. John's - September 2026 Real Estate Report

O'Leary Avenue, St. John's: Your Neighbour Just Asked What Your Place Is Worth - Here's the Real Answer

The Vibe Right Now

If you live on O'Leary Avenue, you're sitting on one of the more interesting streets in St. John's. We've got two very different stories playing out depending on whether you own a house or a condo - and both are worth paying attention to.

Houses: Holding Strong With a Small Dip

The average HonestDoor Price for a house on O'Leary Avenue is $476,969. That's down 1.57% from the previous period - so yes, the market is taking a breather. But don't read too much into one small dip. The predicted market value is sitting at $482,986, which is actually climbing above the 3-month moving average of $480,127. That's the market telling us prices are stabilizing and nudging upward.

• Average HonestDoor Price: $476,969 (down 1.57%)
• Predicted Market Value: $482,986
• 3-Month Moving Average: $480,127
• Estimated Monthly Rent: $2,439
• Rental Yield: 5.67% - that's a strong return
• Airbnb Rank in St. John's: 14th - top tier short-term rental potential
• Neighbourhood Growth Rank: 65 out of 92 in St. John's

That 5.67% rental yield is the number landlords care about. It means if you're renting your house out, you're getting solid income relative to what the property is worth. And ranking 14th in the city for Airbnb potential? That's genuinely competitive for short-term rental income at around $121 per night.

On the neighbourhood leaderboard, houses rank 65 out of 92 comparable areas in St. John's for growth. That puts us in the below-average tier for price appreciation right now. Honest answer: we're not leading the pack, but we're also not at the bottom.

Condos: The Surprise Story

Condos on O'Leary Avenue are doing something different - and it's worth a second look. The average HonestDoor Price jumped 7.25% to $407,363. That's a real move. The predicted market value is $379,821, up significantly from the 3-month moving average of $337,042. That gap tells us condo values here have been climbing fast over a short window.

• Average HonestDoor Price: $407,363 (up 7.25%)
• Predicted Market Value: $379,821
• 3-Month Moving Average: $337,042
• Estimated Monthly Rent: $1,951
• Rental Yield: 4.03% - moderate but respectable
• Airbnb Rank in St. John's: 43rd
• Neighbourhood Growth Rank: 46 out of 92 in St. John's

Condos rank 46 out of 92 on the St. John's growth leaderboard - that puts us in above-average territory. If you own a condo here, that 7.25% price increase is not something to ignore. That's real equity building in a short period.

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

Here's the thing about your city assessment - it's a snapshot from the past. The city looks at sale data from a fixed point in time and applies it broadly. It doesn't know your renovated kitchen. It doesn't know that condo values on O'Leary Avenue just jumped 7.25%. It definitely doesn't update every few months the way the HonestDoor Price does.

The HonestDoor Price is a real-world check on what your property is actually worth today - not what a government formula decided it was worth a year or two ago. With house values predicted at $482,986 and condo values showing a sharp upward move, there's a real chance your tax assessment is lagging behind what a buyer would actually pay you right now. That gap is money left on the table if you're making decisions based on old numbers.

Check your HonestDoor Price. It takes two minutes and it's the most current picture of your home's value you're going to find without hiring an appraiser.

The So What - Thinking About Selling This Summer?

If you own a condo on O'Leary Avenue and you've been on the fence, the 7.25% price increase and above-average growth rank make a decent case for listing while momentum is on your side. Buyers looking at condos in St. John's will find O'Brien's Hill, Empire Avenue West, and Mount Scio all coming in cheaper - which means O'Leary Avenue is already positioned as a premium option in this pocket of the city.

For house owners, the picture is a bit more nuanced. The small 1.57% dip is worth watching, but the predicted value climbing above the 3-month average suggests the floor is holding. If you need to sell this summer, you're not in a bad spot - but you're not in a rush-and-cash-out moment either. Price it right and the 5.67% rental yield will attract investor buyers alongside traditional homebuyers.

Either way, the smartest first move is knowing your actual number. Pull your HonestDoor Price, compare it to your last assessment, and you'll know immediately whether the market has moved in your favour.

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.