Silverdale, Mission - August 2026 Real Estate Report

Silverdale, Mission: Your Home Is Worth More Than the City Thinks

The Headline

If your neighbour just got their assessment in the mail and thought "that seems low," they are probably right. The average assessed value in Silverdale sits at $1,390,270 - but the average HonestDoor Price tells a different story at $1,515,779. That is a gap of over $125,000. Real money. And it matters a lot if you are thinking about selling, refinancing, or just want to know what your place is actually worth right now.

The Vibe - What Is Happening With Houses in Silverdale

Let us be straight with you. The market here is taking a breather. Only 2 houses sold recently, and the average sale price came in at $679,500 with price per square foot around $536. Growth has dipped 0.02% year over year, and the recent value change sits at -0.25%. On the neighbourhood leaderboard for growth, Silverdale ranks 10 out of 12 comparable areas in Mission. That puts us near the bottom of the pack right now.

On price, Silverdale ranks 8 out of 8 in Mission - meaning we are among the most affordable options in the city. That is a double-edged sword. Buyers get value. Sellers need to price sharp.

• Average HonestDoor Price - $1,515,779
• Predicted market value - $1,515,504
• 3-month moving average - $1,513,548 (values are creeping up slightly)
• Average sale price (recent transactions) - $679,500
• Price per square foot - $536
• Properties sold recently - 2
• Total transactions in 2026 - 3
• 448 properties assessed this year

How We Stack Up Against the Neighbours

Keystone is the pricier option nearby, with an HonestDoor Price of $1,745,507 and rental estimates of $6,110 per month. Cedar Valley comes in cheaper at $1,225,770 with a rental estimate of $4,758 and is actually growing faster at -0.01% - still a decline, but a smaller one than ours. Fraser Corridor is also cheaper at $1,211,878. So Silverdale sits in the middle of the pack on price, but is not leading the growth race right now.

The Secret Sauce - Why Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city assessment - it is a snapshot from the past. It does not update in real time, and it does not reflect what a buyer would actually pay for your home today. In Silverdale, that gap is 9.03%. On a home assessed at $1,390,270, that is roughly $125,000 sitting on the table that the city is not counting.

The HonestDoor Price pulls from current market activity and updates continuously. Think of it as the real-world check against a static government number. If you are making any financial decision tied to your home - selling, borrowing, or just planning - the HonestDoor Price is the one to watch. Right now it is nudging upward, sitting just above the 3-month moving average of $1,513,548. Small movement, but it is moving in the right direction.

Silverdale also ranks 3rd in Mission for Airbnb income potential, with an estimate of $270 per night. If you have extra space, that is a real income story worth knowing.

• Average assessed value - $1,390,270
• Average HonestDoor Price - $1,515,779
• Gap between the two - 9.03% (roughly $125,000)
• HonestDoor Price change from previous period - up 0.02%
• Airbnb rank in Mission - 3rd
• Airbnb estimate - $270 per night
• Rental estimate - $5,431 per month
• Rental yield - 4.36%

The So What - Should You Sell in Silverdale This Summer?

If you are thinking about listing this summer, here is the honest take. Transaction volume is thin - only 3 sales recorded in 2026 so far. That means less competition from other sellers, but also fewer buyers actively pulling the trigger. You are not in a bidding war market right now.

The good news is your home is likely worth more than your assessment says. The HonestDoor Price of $1,515,779 is the number to anchor your expectations to - not the city's figure. Values are holding and ticking slightly upward based on the 3-month trend, so there is no panic here. But waiting for a big price surge in the short term is probably not the play given the -0.25% recent value change and the bottom-half growth ranking.

If you price it right and market it well, a summer sale is absolutely doable. Silverdale is still one of the more affordable pockets in Mission, and that attracts buyers who have been priced out of Keystone. Use that angle. Get your HonestDoor Price, know your real number, and go in with clear eyes.

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.