Stephenville Land Assembly, Stephenville - August 2026 Real Estate Report

Stephenville Land Assembly: What Your Home Is Actually Worth Right Now

The Vibe on the Ground

If you own property in Stephenville Land Assembly, here is the honest picture. Houses and condos are telling two very different stories right now, and knowing which one applies to you could make a real difference when you decide to make a move.

Houses - Holding Steady at the Top

Houses in Stephenville Land Assembly are doing well. The average HonestDoor Price sits at $326,461, up 0.31% from the previous period. That is not a dramatic jump, but it is movement in the right direction. The 3-month predicted value comes in at $325,464, which is just slightly off the $328,443 moving average - meaning we are in a mild cooling phase, not a freefall.

What really stands out is the rental story. At $1,728 per month in estimated rent and a rental yield of 5.94%, houses here are generating strong returns. That is not a number you see everywhere in Stephenville. If you are a landlord or thinking about becoming one, that yield is worth paying attention to.

• Average HonestDoor Price: $326,461
• Recent price change: up 0.31%
• Predicted market value: $325,464
• Estimated monthly rent: $1,728
• Rental yield: 5.94% - strong
• Airbnb estimate: $86 per night
• Airbnb rank in Stephenville: 2 out of 9 - near the top
• Growth rank: 1 out of 9 - the top performer in Stephenville

That growth rank is the headline. Houses in Stephenville Land Assembly rank number 1 out of 9 comparable neighbourhoods in Stephenville. Compare that to nearby Queen Street at $219,988 or Hillview Avenue at $213,136, and it is clear - we are sitting in a stronger position than most of our neighbours.

Condos - A Different Conversation

Condos are taking a breather right now. The average HonestDoor Price dropped 3.83% to $383,000, and the predicted value of $398,250 is sitting below the 3-month moving average of $403,817. The trend is softening.

The growth rank here is 9 out of 9 - last place among comparable Stephenville neighbourhoods. That is a number worth knowing before you price your unit. Nearby condos in Queen Street ($413,633) and New Mexico Drive ($416,780) are both coming in higher on predicted value right now.

• Average HonestDoor Price: $383,000
• Recent price change: down 3.83%
• Predicted market value: $398,250
• Estimated monthly rent: $2,015
• Rental yield: 4.04% - moderate
• Airbnb estimate: $100 per night
• Airbnb rank in Stephenville: 7 out of 9
• Growth rank: 9 out of 9 - bottom of the leaderboard right now

That said, $2,015 in monthly rent is still solid income. If you are holding a condo here as a rental, the yield is moderate but the cash flow is real.

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

Here is something most homeowners do not think about until it is too late. Your city tax assessment is a snapshot from the past. It gets updated on a schedule, not in real time. The market does not wait for that schedule.

The HonestDoor Price is updated continuously using real sales data, market trends, and neighbourhood comparisons. Right now, house values in Stephenville Land Assembly are moving - up 0.31% recently, with a 1.25% recent change in property values. If you are relying on last year's assessment to understand what your home is worth today, you are working with old information.

Think of the HonestDoor Price as your real-world check. It tells you what a buyer would likely pay right now, not what a government office calculated months ago. For houses here, that number is $326,461. For condos, it is $383,000. Those are the numbers that matter if you are making a decision this summer.

The So What - Thinking About Selling This Summer?

If you own a house in Stephenville Land Assembly, the timing is worth considering seriously. We are ranked number 1 in growth out of 9 Stephenville neighbourhoods. Rental demand is strong. Airbnb potential ranks second in the city. Buyers looking for value will notice that nearby options like Hillview Avenue and Queen Street are priced significantly lower - which means your home competes well on quality and location.

If you own a condo, be realistic about pricing. The market is softer right now, values are trending down from the 3-month average, and the growth rank is at the bottom of the leaderboard. That does not mean do not sell - it means price it right from day one. An overpriced condo in a softening market sits. A well-priced one moves.

Either way, the first step is knowing your actual number. Check your HonestDoor Price before you call an agent, before you set a price, and before you make any assumptions based on what your neighbour sold for two years ago. The market has moved. Make sure your information has too.

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.