River Heights, Regina - July 2026 Real Estate Report

River Heights, Regina: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you live on a tree-lined street in River Heights and you have been wondering whether your home value is holding up, here is the straight answer: houses are climbing, condos are taking a breather, and the gap between what the city assessed your property at and what it is actually worth today is wider than ever.

Houses - Steady and Climbing

The average HonestDoor Price for a house in River Heights sits at $387,990, up 1.95% from the previous period. The 3-month moving average is tracking at $373,657, and the predicted market value is $380,566 - so the trend line is pointing in the right direction for sellers.

• Average HonestDoor Price: $387,990
• Recent price change: +1.95%
• Predicted market value: $380,566
• 3-month moving average: $373,657
• Estimated monthly rent: $1,990 - $2,022
• Rental yield: 5.86% - that is a strong return for landlords
• Neighbourhood growth rank: 70 out of 111 in Regina

That growth rank puts us in the below-average tier on the Regina leaderboard right now. Not a red flag, but worth watching. The rental story is the real bright spot - a 5.86% yield on a house is genuinely solid, and an estimated $2,022 per month in rent means this neighbourhood still makes sense for investors running the numbers.

How does River Heights stack up against the neighbours? Riverside is pulling ahead at $498,667 per house, while Normandy Heights ($335,463) and Lakeview A ($372,503) are both cheaper. We are sitting comfortably in the middle of the pack - not the cheapest option, not the priciest.

Condos - Taking a Breather

The condo picture is a different story. The average HonestDoor Price for a condo in River Heights is $224,718, which is down 5.67% from the previous period. The predicted market value comes in at $238,231, sitting just above the 3-month moving average of $234,045.

• Average HonestDoor Price: $224,718
• Recent price change: -5.67%
• Predicted market value: $238,231
• 3-month moving average: $234,045
• Estimated monthly rent: $1,227 - $1,297
• Rental yield: 4.28% - moderate but workable
• Neighbourhood growth rank: 54 out of 90 in Regina

A -14.92% recent change in property values is the number that stands out here. That is a meaningful dip, and condo owners should pay attention. The growth rank of 54 out of 90 puts River Heights condos in below-average territory on the Regina leaderboard. For context, nearby Lakeview A condos are predicted at $240,050 - just slightly ahead of us - and Normandy Heights is nearly identical at $238,188. The Airbnb rank of 25 in Regina is actually a bright spot for condo owners thinking about short-term rentals.

The Secret Sauce - Why Your HonestDoor Price Matters Right Now

Here is the thing about your city tax assessment: it is a snapshot from the past. It does not update in real time, it does not account for what your neighbour's house just sold for last month, and it definitely does not reflect a 1.95% bump in house values that happened recently.

The HonestDoor Price is the real-world check. It pulls from current market activity and updates continuously, so when we say houses in River Heights are averaging $387,990, that number reflects what is actually happening on the ground today - not what a government office calculated a year or two ago. If your assessment is sitting well below that figure, you could be leaving serious money on the table when you price your home, negotiate a sale, or even just understand your own net worth.

For condo owners, the HonestDoor Price is equally important right now - but for a different reason. If your assessment has not caught up to the recent dip, you might be paying property taxes on a value that no longer reflects reality. That is worth knowing.

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

For house sellers, the timing is not bad. Values are up nearly 2%, the predicted market value is rising above the 3-month average, and rental demand is strong enough that buyers who are on the fence about purchasing can see a clear path to income if they decide to rent it out. That is a useful selling point. You are not in a hot seller's market, but you are not in a fire-sale situation either. Price it right and you will find a buyer.

For condo sellers, this summer requires a sharper strategy. The recent value drop means you need to be realistic about pricing. Buyers have options - Lakeview A and Normandy Heights are priced almost identically to River Heights condos, so you will need to compete on condition, presentation, and price. Do not anchor to an old assessment number. Pull your HonestDoor Price, understand where the market actually sits, and price from there.

Bottom line: River Heights is a stable, mid-range neighbourhood in Regina with a strong rental story for houses and a more cautious outlook for condos. Know your real number before you make any moves.

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.