Stavanger Drive, St. John's - July 2026 Real Estate Report

Stavanger Drive, St. John's: What Your Neighbours Are Not Telling You About Your Home's Value

The Vibe Right Now

If you live on Stavanger Drive and you have not checked your HonestDoor Price lately, now is the time to look. The story is different depending on what you own - and one side of that story is a lot more urgent than the other.

Houses: Holding Steady, But Watch the Trend

The average HonestDoor Price for a house on Stavanger Drive sits at $581,483 - up a modest 0.32% from the previous period. That is not a headline number, but it is positive movement. The 3-month predicted value is tracking at $579,644, creeping up from a moving average of $579,290. Small gains, but gains.

Here is where it gets interesting for landlords and investors. The rental estimate comes in at $2,830 per month, which works out to a rental yield of 5.48%. In this rate environment, that is a genuinely strong return. If you have been sitting on a house here and wondering whether to rent it out, those numbers make a real case for it.

On Airbnb, Stavanger Drive houses rank 2nd in all of St. John's. Second. That is not a typo. At an estimated $141 per night, the short-term rental potential here is among the best in the city.

• Average HonestDoor Price (House): $581,483
• 3-Month Predicted Value: $579,644
• Monthly Rental Estimate: $2,830
• Rental Yield: 5.48%
• Airbnb Estimate: $141 per night
• Airbnb Rank in St. John's: 2 out of 90
• Neighbourhood Growth Rank: 84 out of 90

One number to keep an eye on - the recent price change is sitting at -2.17%, and the growth rank of 84 out of 90 puts houses here near the bottom of the St. John's leaderboard for appreciation. The rental income story is strong. The price growth story is taking a breather.

Condos: A Rougher Ride

We will be straight with you here. The condo picture on Stavanger Drive is more complicated. The average HonestDoor Price shows $283,800 - up 40.56% from the previous period, which sounds incredible. But the 3-month predicted value tells a different story at $201,900, down sharply from a moving average of $309,667. That kind of gap between the average price and the predicted value signals real volatility in a thin market segment.

The recent price change for condos is -37.69%, and the growth rank lands at 90 out of 94 neighbourhoods tracked for condos in St. John's. That puts us at the bottom of the leaderboard. Rental yield for condos comes in at 4.35% - moderate, not exceptional.

• Average HonestDoor Price (Condo): $283,800
• 3-Month Predicted Value: $201,900
• Monthly Rental Estimate: $1,530
• Rental Yield: 4.35%
• Airbnb Estimate: $75 per night
• Airbnb Rank in St. John's: 59 out of 94
• Neighbourhood Growth Rank: 90 out of 94

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 gets updated on a schedule, not in real time. By the time that number lands in your mailbox, the market has already moved on.

The HonestDoor Price is updated continuously using real sales data and market signals. For a house on Stavanger Drive worth roughly $581,000, even a 1% difference between your assessment and your actual market value is nearly $6,000. That gap matters if you are pricing a sale, negotiating a purchase, or just trying to understand what you actually own.

Right now, with house values showing a slight dip in recent growth but strong rental fundamentals, knowing your real-world number - not a government estimate from months ago - is the difference between pricing smart and leaving money on the table.

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

For house owners, the short answer is: do not wait too long. The rental yield and Airbnb numbers show that buyers with investment intent are going to be interested in Stavanger Drive. That is a real pool of motivated buyers. But the growth rank of 84 out of 90 tells us this is not a neighbourhood where prices are running away from you - meaning the urgency to buy is lower for end-users. Price it right from day one. Overpricing a house here this summer will cost you time, and time costs money.

For condo owners, the honest advice is to get your HonestDoor Price checked before you do anything else. The gap between the average price and the predicted value right now is too wide to ignore. You need a current, data-backed number before you have any conversation with a realtor or a buyer.

Compared to nearby streets, Kensington Drive houses are averaging $722,666 - about $140,000 more than Stavanger Drive. Eastbourne Crescent and Oakridge Drive are both cheaper. That puts Stavanger Drive in the middle of the pack on price, which is actually a good place to be for attracting buyers who have been priced out of Kensington but want to stay in the area.

Bottom line - if you own a house here, your rental and Airbnb story is genuinely one of the best in St. John's. Lead with that. If you own a condo, get your real number first, then 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.