Templemead, Hamilton - September 2026 Real Estate Report

Templemead, Hamilton: Your Home Is Probably Worth More Than You Think

The Vibe Right Now

If you live in Templemead and you haven't checked your home's value lately, now is a good time to look. The market here is holding up better than a lot of people expect, and the numbers tell an interesting story depending on whether you own a house or a condo.

Houses: Steady and Climbing

The average HonestDoor Price for a house in Templemead sits at $728,004. Yes, that's down a tiny 0.39% from the last period - basically a rounding error. What matters more is the forward-looking number: the predicted market value is $730,877, and that figure is trending up from the 3-month moving average of $724,751. We're moving in the right direction.

• Average HonestDoor Price: $728,004
• Predicted Market Value: $730,877
• 3-Month Moving Average: $724,751
• Recent Price Change: up 0.95%
• Rental Yield: 5.21% - that's a strong return
• Average Rent Estimate: $3,366 per month
• Growth Rank: 44 out of 201 neighbourhoods in Hamilton

That growth rank is the stat worth talking about. Out of 201 comparable neighbourhoods across Hamilton, Templemead houses land at number 44. That puts us solidly in the above-average tier - not flashy, but genuinely strong. For context, our neighbour Broughton East comes in cheaper at $670,224, while Eleanor is pricier at $929,415. We sit in a comfortable middle ground with real upside.

Condos: A Dip in Price, But a Jump in Growth

The condo picture is a bit more mixed, but don't write it off. The average HonestDoor Price for condos dropped 6.30% to $453,042. That's a real move, and worth paying attention to if you're a condo owner. But here's the flip side: the predicted market value is $483,508, up from a 3-month moving average of $477,335, and the recent growth rate of 1.12% ranks 36 out of 188 neighbourhoods. That puts Templemead condos among the top performers in Hamilton.

• Average HonestDoor Price: $453,042
• Predicted Market Value: $483,508
• 3-Month Moving Average: $477,335
• Recent Price Change: up 1.12%
• Rental Yield: 3.87% - moderate but consistent
• Average Rent Estimate: $2,311 per month
• Growth Rank: 36 out of 188 neighbourhoods in Hamilton

Compared to nearby condos, we're priced above Broughton East ($439,423) and Rymal ($379,130), and just a step below Eleanor ($551,484). That's a reasonable spot to be in, especially with momentum building.

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

Here's the thing about your city assessment - it's a snapshot from the past. The city looks at sale data from a fixed point in time and locks that number in. It doesn't know what happened to your street last month. It doesn't account for the fact that Templemead house values are trending upward right now.

The HonestDoor Price is updated in real time using actual market activity. It's the number a buyer's agent is going to reference when they walk through your door. If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the real-world check you need. Your assessment is a historical document. Your HonestDoor Price is what's actually happening today.

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

If you're a house owner in Templemead and you've been sitting on the fence, the data gives you a decent case for moving this summer. Values are inching up, rental demand is strong at $3,366 per month, and a 5.21% yield tells buyers this is a property that works as an investment too. That expands your buyer pool.

For condo owners, the short-term price dip of 6.30% is real - but the growth momentum is real too. If you don't need to sell right now, the trajectory looks better than the current HonestDoor Price suggests. If you do need to sell, price it sharp and lean on the growth rank story. Top 36 out of 188 is a number worth putting in your listing conversation.

Either way, the first step is knowing your actual number. Check your HonestDoor Price today - not your last assessment, not a neighbour's guess. The real number, 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.