Silver Heights, Cambridge - August 2026 Real Estate Report

Silver Heights, Cambridge: Your Neighbour Just Asked If Now Is a Good Time to Sell

If you live in Silver Heights and you have been quietly wondering what your home is actually worth right now - not what the city said it was worth two years ago - this is the update you need. The market here is taking a breather, and knowing the real numbers puts you ahead of everyone else on the street.

The Vibe: What Is Happening With Houses and Condos Right Now

Let's split this into two honest conversations, because houses and condos are telling very different stories in our neighbourhood.

Houses in Silver Heights

The average HonestDoor Price for a house here sits at $692,351, up a modest 0.40% from the previous period. That sounds like good news, and it is - but the short-term picture is worth watching. The predicted market value is currently $689,613, which is sliding below the 3-month moving average of $700,407. In plain terms, prices have dipped about 1.49% recently.

• Average HonestDoor Price: $692,351 (up 0.40%)
• Predicted Market Value: $689,613
• 3-Month Moving Average: $700,407
• Recent Price Change: -1.49%
• Average Rental Estimate: $3,267 per month
• Rental Yield: 5.27% - that is a strong return
• Airbnb Estimate: $162 per night
• Cambridge Airbnb Rank: 8th
• Neighbourhood Growth Rank: 11 out of 14 in Cambridge

That 5.27% rental yield is the number we should all be paying attention to. If you are holding a house in Silver Heights and not selling, the rental math is genuinely working in your favour. On the growth leaderboard though, we are sitting 11th out of 14 Cambridge neighbourhoods - below average, full stop. Nearby areas like Hespeler Village ($802,502) and East Hespeler ($781,601) are outpricing us right now.

Condos in Silver Heights

The condo picture is more of a challenge. The average HonestDoor Price is $467,191, down 2.16% from the previous period. The predicted market value of $477,512 is also falling below the 3-month moving average of $497,554 - a drop of 4.67% recently. On the Cambridge growth leaderboard, condos here rank 13th out of 14. That is bottom-of-the-pack territory.

• Average HonestDoor Price: $467,191 (down 2.16%)
• Predicted Market Value: $477,512
• 3-Month Moving Average: $497,554
• Recent Price Change: -4.67%
• Average Rental Estimate: $2,384 per month
• Rental Yield: 3.88% - moderate
• Airbnb Estimate: $118 per night
• Cambridge Airbnb Rank: 11th
• Neighbourhood Growth Rank: 13 out of 14 in Cambridge

The one bright spot - our condo values are still ahead of nearby Popcorn House at $455,875. But compared to East Hespeler condos averaging $1,069,877, we are in a very different price bracket. If you own a condo here, the trend is something to watch closely, not ignore.

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

Here is the thing about your city assessment - it is a snapshot from the past. It does not know that the 3-month moving average for houses in Silver Heights just dropped to $700,407, or that condo values have slid nearly 5% recently. The city is not updating that number in real time. Your HonestDoor Price is.

Think of the HonestDoor Price as the real-world check on what buyers are actually paying right now - not what a government formula calculated from older sales data. If you are making any decision about selling, refinancing, or even just understanding your net worth, the HonestDoor Price is the number that reflects today, not last year.

For house owners in Silver Heights, that number is $692,351. For condo owners, it is $467,191. Pull yours up and compare it to your assessment. The gap might surprise you.

The So What: Should You Sell in Silver Heights This Summer?

If you own a house here, the window is real but it is not wide open forever. Prices are still holding above the $689,000 range, rental demand is strong at $3,267 per month, and a 5.27% yield tells us buyers who want income properties are still interested. But with the 3-month trend pointing downward and our growth rank sitting at 11th out of 14, waiting for a big price surge before listing is a gamble.

If you own a condo, the honest advice is this - the trend is not your friend right now. A 4.67% recent drop and a 13th-place growth ranking in Cambridge means the market is not rewarding patience at the moment. If selling has been on your mind, getting a current HonestDoor Price and talking to an agent sooner rather than later makes more sense than holding out for a rebound that is not yet showing up in the data.

Either way, the first move is knowing your real number. Check your HonestDoor Price for Silver Heights today - it is the most current read on what your home is actually worth in this market, right now.

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.