Stillwater, Edmonton - July 2026 Real Estate Report

Stillwater, Edmonton: Your Neighbour Just Got a Raise. Did You?

If you own a home in Stillwater and the last number you checked was your city assessment, you are leaving real money on the table. Here is what is actually happening on our streets right now.

The Vibe: What the Market Is Doing in Stillwater

Let us start with the big picture. There are 814 assessed properties in Stillwater, and the city thinks the average one is worth $490,160. But the real-world number tells a different story. The average HonestDoor Price sits at $504,640 - that is nearly $14,500 more than what the city has on file. And it is up 2.24% from the previous period. That gap matters when you are deciding whether to sell, refinance, or just figure out where you stand.

Stillwater clocks in at rank 144 out of Edmonton neighbourhoods for average assessed value - solidly mid-pack. But with 17 property transactions recorded in 2026 and a transaction rank of 66 in Edmonton, this is a neighbourhood people are actively choosing. That is not nothing.

Houses: Fast Off the Shelf, Priced to Move

If you have been watching the "For Sale" signs in Stillwater, here is what is actually happening with houses right now.

• Average sale price: $500,500 - up 3.3% from last month
• Average list price this month: $559,900
• Price per square foot: $189
• Sale-to-list ratio: 98.41% - buyers are paying just below asking
• Average days on market: 21 days
• Predicted market value: $493,586
• Estimated monthly rent: $2,428
• Rental yield: 5.67%

Twenty-one days on market sounds ordinary until you see the rank - Stillwater houses sit at 20 out of 103 Edmonton neighbourhoods for speed of sale. That means we are in the top tier for fast-moving properties. Buyers are not sleeping on listings here.

The sale-to-list ratio of 98.41% tells us buyers have a little room to negotiate, but not much. Sellers are not getting full ask, but they are getting close. The 3.3% month-over-month price jump on houses is the kind of move that makes you wish you had listed last week - or makes you feel good that you are listing this week.

On the neighbourhood leaderboard, Stillwater houses rank 147 out of 302 Edmonton neighbourhoods for growth. That puts us in the above-average tier - not leading the pack, but comfortably ahead of the middle. For price rank, we sit at 150 out of 285, which is just below average for Edmonton. Translation: Stillwater is more accessible than a lot of the city, and it is still moving up.

Compare that to our neighbours. Riverview Area houses are priced at an average HonestDoor Price of $1,121,443 with a rental estimate of $4,440 - but their growth is nearly flat at 0.01%. The Uplands comes in at $606,719 with growth of 0.05%. Rivers Edge sits at $534,722. Stillwater is the most affordable of the group and growing faster than all of them. That is a real competitive edge.

Condos: A Hot HonestDoor Number, But Watch the Trend

The condo story in Stillwater is a bit more nuanced, and we should be straight with you about it.

• Average HonestDoor Price: $530,400 - up 10.41% from the previous period
• Predicted market value: $480,400
• 3-month moving average: $483,717 (predicted value is trending down slightly)
• Estimated monthly rent: $2,365
• Rental yield: 3.85%
• Airbnb estimate: $125 per night
• Airbnb rank in Edmonton: 46 out of all neighbourhoods
• Recent value change: -3.31%
• Growth rank: 240 out of 296 Edmonton neighbourhoods

That 10.41% jump in the HonestDoor Price for condos is eye-catching. But the predicted market value is drifting slightly below the 3-month moving average, and the recent -3.31% value change puts condos in the bottom tier for growth right now - rank 240 out of 296. The market is taking a breather on the condo side.

Here is the silver lining for condo owners thinking about short-term rental income: an Airbnb rank of 46 in Edmonton is genuinely strong. That means Stillwater condos are among the top performers in the city for short-term rental potential at $125 per night. If you are holding a condo here, that income angle is worth paying attention to.

Compared to nearby condo markets, Stillwater is the priciest of the group. Riverview Area condos average $486,864, Edgemont sits at $319,977, and Windermere comes in at $258,878. If you own a Stillwater condo, you are sitting at the top of a competitive local stack.

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

Here is the thing about your city assessment. It is calculated once a year using data that is already months old by the time it lands in your mailbox. It is a snapshot of the past, not a picture of today.

The HonestDoor Price is updated in real time using actual sales data, market movement, and current conditions in Stillwater specifically. For houses, the HonestDoor Price of $504,640 is already 2.95% higher than the average assessed value in Edmonton. That gap is not a rounding error - it is real dollars that your assessment is not capturing.

If you are making any financial decision - selling, refinancing, even just benchmarking your net worth - the HonestDoor Price is the real-world check. The assessment is what the city thinks. The HonestDoor Price is what the market thinks. Right now in Stillwater, the market thinks your home is worth more.

The "So What?" - Thinking About Selling This Summer?

If you are a Stillwater homeowner with a house and you are thinking about listing this summer, the conditions are working in your favour right now.

• Prices are up 3.3% month over month on houses
• Homes are selling in 21 days on average - top 20% in Edmonton for speed
• Buyers are paying 98.41% of list price - close to full ask
• Your HonestDoor Price is running ahead of the city assessment
• Stillwater is growing faster than Riverview Area and The Uplands right now

The rental picture also adds a floor to your value. A $2,475 average monthly rental estimate means investors are watching Stillwater. That buyer pool - people who want to live here and people who want to earn from it - keeps demand healthy.

For condo owners, the picture calls for a bit more patience. The short-term rental potential is real and ranks well in Edmonton, but the recent value dip means timing matters more. Check your HonestDoor Price before you make any moves - the gap between what you think your unit is worth and what the market will pay right now is the most important number in the conversation.

Bottom line: Stillwater is not the flashiest neighbourhood in Edmonton, and it does not need to be. It is accessible, it is moving, and right now it is moving faster than most of its neighbours. That is a good place to be.

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.