Poplar Grove, Morinville - October 2026 Real Estate Report
Poplar Grove Real Estate Update: Your Neighbour's House Just Got More Interesting
If you own a home in Poplar Grove and you haven't checked your property value lately, now is the time. The numbers are moving, and not always in the direction you'd expect. Here's the straight story on what's happening in our corner of Morinville.
The Vibe: Houses vs. Condos
Houses and condos are telling two very different stories right now, and knowing which one applies to you could change how you think about your next move.
Houses - The Market Is Holding Strong
If you've been watching the "For Sale" signs on the house side of Poplar Grove, here's what's actually happening. The average sale price sits at $545,000, up 1.9% from last month. Listings are averaging $549,900, and homes are selling at 99.11% of list price. That means buyers are paying almost exactly what sellers are asking - there's very little room to negotiate down. The catch? Only 1 home sold last month, down 50% from the month before, and it took 33 days to find a buyer. Low volume means every single sale moves the needle hard. One deal can swing the whole average.
- Average sale price: $545,000
- Average list price: $549,900
- Price per square foot: $302
- Sale-to-list ratio: 99.11%
- Average days on market: 33
- Growth rank: 1 out of 14 neighbourhoods in Morinville
- Price rank: 3 out of 13 neighbourhoods in Morinville
That growth rank is worth pausing on. Out of 14 comparable neighbourhoods in Morinville, Poplar Grove houses rank number 1 for growth. We're sitting at the top of the leaderboard. The predicted market value for houses is $437,814, up from a 3-month moving average of $428,322. The trend is pointing in the right direction.
Condos - Steady, But Taking a Breather
The condo picture is calmer. One unit sold at $249,000, essentially flat from last month. Buyers paid 97.65% of list price, and the average condo sat on the market for 57 days. That's slow. The predicted market value is $258,407, which is actually slightly above the 3-month moving average of $259,258 - but values have dipped 0.33% recently. Not a crash, just a pause.
- Average sale price: $249,000
- Average list price: $255,000
- Price per square foot: $188
- Sale-to-list ratio: 97.65%
- Average days on market: 57
- Growth rank: 4 out of 11 neighbourhoods in Morinville
- Price rank: 1 out of 4 neighbourhoods in Morinville
Condo owners, we're still above average on price compared to the rest of Morinville - ranking 1 out of 4 comparable neighbourhoods. But the slower days-on-market number (last place out of 3) tells us buyers are taking their time. Pricing it right from day one matters more here than anywhere else.
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 the past. It gets updated once a year, uses broad strokes, and has no idea what happened on your street last month. The HonestDoor Price is a real-world check that updates in real time using actual sales data, current market conditions, and neighbourhood-level signals.
Right now, the average HonestDoor Price for houses in Poplar Grove is $425,181. For condos, it's $265,375 - up 2.70% from the previous period. Compare that to nearby neighbourhoods and the gap is clear. Grandin Park houses are sitting at $336,238. Sunshine Estates at $397,112. Forest Glen at $375,113. Every comparable neighbourhood around us is priced lower. That gap is real money, and your tax assessment probably isn't reflecting it accurately.
If you're a house owner, your HonestDoor Price is your best starting point for understanding what you actually own right now - not what the government thought you owned last January.
The 'So What?': Thinking About Selling This Summer?
For house sellers, the timing is genuinely interesting. We rank first in growth out of 14 Morinville neighbourhoods. Prices are up. Buyers are paying close to full ask. The rental yield on houses is 5.73%, which means investors are paying attention to Poplar Grove too - and investor interest tends to put a floor under prices. If you've been sitting on the fence, this summer has real upside. The risk is low volume. With only 1 sale last month, your home becomes the market. Price it well and you'll move it. Overprice it and you'll be staring at 33-plus days on market with no comparable sale to lean on.
For condo sellers, be patient and be precise. Fifty-seven days on market is a real number. Buyers have time and they know it. The good news is that at $249,000, Poplar Grove condos are still the priciest in the local comparison set - meaning demand exists, it just moves slower. A sharp list price from day one beats a price reduction on day 45 every single time.
Bottom line - check your HonestDoor Price before you do anything else. It's the most current read on what your home is actually worth in today's market, not last year's market. That's the number that matters when you're making a real decision.
poplar grove | morinville | october 2026This 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.