O'Neil Avenue, St. John's - August 2026 Real Estate Report

O'Neil Avenue, St. John's: Your House and Your Condo Are Living in Two Different Markets Right Now

The Vibe on the Street

If you own on O'Neil Avenue, the story depends entirely on what you own. Houses and condos here are moving in opposite directions - and knowing which side you're on could change every decision you make this summer.

Houses: Taking a Breather

Let's be straight with you. The house market on O'Neil Avenue is cooling off. The average HonestDoor Price sits at $290,650, up a modest 0.94% from the previous period. That sounds fine on the surface. But the predicted market value right now is $287,946 - and that number is sliding below the 3-month moving average of $295,333. Values have dipped 4.90% recently.

On the neighbourhood leaderboard, houses here rank 82 out of 92 in St. John's for growth. That puts us near the bottom of the pack. Not a panic moment, but not a reason to sit on your hands either.

• Average HonestDoor Price: $290,650
• Predicted market value: $287,946
• 3-month moving average: $295,333
• Recent value change: -4.90%
• Growth rank: 82 out of 92 in St. John's
• Estimated monthly rent: $1,543
• Rental yield: 6.01% - that is a strong return for landlords
• Airbnb estimate: $77 per night

The one bright spot for house owners? That 6.01% rental yield is genuinely solid. If you are not selling, renting makes real financial sense here. Compared to neighbours, Adams Avenue houses are running higher at $311,390, while Notre Dame Drive ($276,041) and Beaumont Street East ($277,492) are both cheaper - so we are sitting in the middle of the pack on price.

Condos: A Different Story Entirely

Condo owners on O'Neil Avenue, pay attention - because your numbers are moving in a very different direction. The average HonestDoor Price for condos is $634,858, up 2.34%. The predicted market value is $620,333, and it is climbing above the 3-month moving average of $563,129. That is real upward momentum.

On the neighbourhood leaderboard, condos here rank 21 out of 94 in St. John's for growth. That puts us well above average. Recent value change? Up 40.74%. That is not a typo.

• Average HonestDoor Price: $634,858
• Predicted market value: $620,333
• 3-month moving average: $563,129
• Recent value change: +40.74%
• Growth rank: 21 out of 94 in St. John's
• Estimated monthly rent: $2,991
• Rental yield: 3.59% - moderate, but the appreciation story is the real headline
• Airbnb estimate: $151 per night - ranked 14th in all of St. John's

That Airbnb rank of 14 in the city is worth noting. If you own a condo here and are not at least thinking about short-term rental income, you are leaving money on the table. Nearby Adams Avenue condos are slightly higher at $668,804, but we are not far behind.

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

Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know that condo values on O'Neil Avenue just moved significantly, and it does not know that house values have softened recently. It is essentially a photo from last year telling you what to wear today.

The HonestDoor Price is updated in real time. It is pulling in current sales data, market shifts, and what buyers are actually paying right now - not what an assessor estimated months ago. For condo owners, your assessment is almost certainly lagging behind your real value. For house owners, the HonestDoor Price is giving you an honest look at where things actually stand - not a number that makes you feel better than the market warrants.

Check your HonestDoor Price now. Do not wait for the city to catch up.

The So What - Thinking About Selling This Summer?

If you own a house on O'Neil Avenue and are thinking about listing this summer, the window is open but it is not getting wider. Values are dipping and we rank near the bottom of St. John's for house growth right now. That does not mean you cannot sell well - it means you need accurate, current pricing to compete. Overpricing based on an old assessment is the fastest way to sit on the market too long.

If you own a condo, this summer looks genuinely interesting for sellers. Momentum is up, the growth rank is strong, and Airbnb demand signals that buyers see real income potential here. You have leverage. Use it.

Either way, the move is the same - get your HonestDoor Price, compare it to what your neighbours are listed at, and make a decision based on what the market is doing today. Not last year. Today.

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.