Portsmouth, Kingston - July 2026 Real Estate Report

Portsmouth, Kingston: Your Neighbour Just Got a Raise - Did You?

If you've been watching the "For Sale" signs in Portsmouth lately, here's what's actually happening. The market is moving - but it's not moving the same way for every property type. Houses and condos are telling two very different stories right now, and which one you own matters a lot for what you do next.

The Vibe: Houses vs. Condos in Portsmouth

Let's start with houses. The average HonestDoor Price for a house in Portsmouth sits at $662,115, up 1.06% from the previous period. That's steady, not spectacular. The predicted market value is $655,140, and that number is actually dipping slightly below the 3-month moving average of $660,723 - a sign the house market is taking a breather. On the neighbourhood leaderboard, houses in Portsmouth rank 30 out of 44 Kingston neighbourhoods for growth. Below average, plain and simple. We're not in freefall, but we're not leading the pack either.

• Average HonestDoor Price (Houses): $662,115
• Predicted Market Value: $655,140
• 3-Month Moving Average: $660,723 (current value is trending below this)
• Recent Value Change: 0.77%
• Growth Rank: 30 out of 44 Kingston neighbourhoods
• Estimated Rent: $3,111/month
• Rental Yield: 5.34% - that's a strong return for landlords
• Airbnb Estimate: $155/night - ranked 25th in Kingston

Now condos - this is where it gets interesting for us. The average HonestDoor Price for a condo in Portsmouth is $709,470, up a very healthy 2.99% from the previous period. The predicted market value is $688,840, and it's climbing above the 3-month moving average of $588,415. That's a 23.81% recent value change. Portsmouth condos rank 4 out of 44 Kingston neighbourhoods for growth. That puts us in the top tier of the city. If you own a condo here, pay attention.

• Average HonestDoor Price (Condos): $709,470
• Predicted Market Value: $688,840
• 3-Month Moving Average: $588,415 (current value is well above this)
• Recent Value Change: 23.81%
• Growth Rank: 4 out of 44 Kingston neighbourhoods - top performer
• Estimated Rent: $3,179/month
• Rental Yield: 3.50% - moderate but solid
• Airbnb Estimate: $162/night - ranked 7th in Kingston

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now

Here's the thing about your city assessment - it's a snapshot from the past. By the time it lands in your mailbox, the market has already moved on. The HonestDoor Price is a real-world check updated in real time, pulling from actual sales data and current market signals. For condo owners in Portsmouth, that gap between your old assessment and your HonestDoor Price could be significant - we're talking about a neighbourhood that just posted a 23.81% recent value change and sits 4th in Kingston for growth. Your assessment almost certainly hasn't caught up to that. For house owners, the HonestDoor Price is showing a slight softening right now. That's useful information too - it means you're working with an accurate picture, not a flattering one from two years ago.

Check your HonestDoor Price before you make any decisions. It's the number that actually reflects what a buyer would pay today.

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

If you own a condo in Portsmouth, this summer is worth a serious conversation. You're in a top-4 neighbourhood for condo growth in all of Kingston, your predicted value is running well above the 3-month average, and Airbnb demand ranks 7th in the city. Buyers looking at condos have options across Kingston - Alwington prices them out at $966,045, and Fairway Hills and Sunnyside come in cheaper. Portsmouth sits in a sweet spot. That's a real selling advantage.

If you own a house, the picture is more nuanced. A 5.34% rental yield is genuinely strong - one of the better numbers you'll see in Kingston. That means if selling isn't urgent, holding and renting is a legitimate play. But if you are selling, price it sharp. The predicted value is nudging below the moving average, and your growth rank of 30 out of 44 means buyers have stronger-performing neighbourhoods to compare you against. Competitive pricing wins here.

Bottom line - Portsmouth is not one market right now. It's two. Know which one you're in before you make your move.

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.