Tower Hill, Okotoks - July 2026 Real Estate Report

Tower Hill, Okotoks: What Your Neighbour's House Is Actually Worth Right Now

If you live in Tower Hill and you haven't checked your home's value since your last tax assessment, you're probably working with a number that's already out of date. Here's the real picture, straight up.

The Vibe: What's Happening on Our Streets

Houses

We saw 3 house sales go through recently, with an average sale price of $510,333. That's down 11.3% from last month, which is worth paying attention to. Current listings are sitting at $538,950 on average, and homes are spending about 34 days on the market before selling. Buyers are paying roughly 98.53% of list price, so sellers are giving up a little ground at the negotiating table. The market is taking a breather - not crashing, but definitely not running hot either.

• Average HonestDoor Price: $545,577 (up 0.05%)
• Average sale price: $510,333
• Average list price: $538,950
• Price per square foot: $403
• Days on market: 34
• Sale-to-list ratio: 98.53%
• Estimated monthly rent: $2,721
• Rental yield: 5.55% - that's a strong return
• Airbnb estimate: $135 per night
• Neighbourhood leaderboard: Growth ranks 12 out of 32 in Okotoks - solidly above average

On the leaderboard, Tower Hill houses rank 27 out of 29 for price - meaning we're one of the most affordable options in Okotoks. For buyers, that's a real entry point. For sellers, it means pricing sharp matters more than ever right now.

Condos

The condo side of Tower Hill is a smaller slice of the market - just 1 sale recently at $176,500, with listings averaging $159,900. Properties are moving in about 25 days, and buyers are paying 98.50% of list. The HonestDoor Price for condos sits at $381,676, though that's dipped 3.25% from the previous period, so the trend is something to watch.

• Average HonestDoor Price: $381,676 (down 3.25%)
• Average sale price: $176,500
• Average list price: $159,900
• Price per square foot: $287
• Days on market: 25
• Sale-to-list ratio: 98.50%
• Estimated monthly rent: $1,968
• Rental yield: 4.00% - moderate but steady
• Airbnb estimate: $97 per night
• Neighbourhood leaderboard: Growth ranks 11 out of 23 in Okotoks - above average

Condos here rank 13 out of 13 for price in Okotoks - the most affordable in the city. If you're a first-time buyer or an investor watching the numbers, that's a conversation worth having.

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 months ago, sometimes longer. It doesn't know what sold on your street last week. The HonestDoor Price updates in real time, pulling in actual transaction data, current listing activity, and market shifts as they happen.

Right now, with house prices moving and the condo segment showing some softness, the gap between your assessment and your actual market value could be significant - in either direction. A Tower Hill house is sitting at a HonestDoor Price of $545,577, while actual recent sales averaged $510,333. That's a $35,000 difference. Knowing which number is closer to reality before you make any decision - selling, refinancing, or just planning - is exactly what the HonestDoor Price is built for.

Don't let a government document from last year be the thing you're basing a six-figure decision on.

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

If you're a Tower Hill homeowner eyeing a summer sale, here's the honest take. The market is softer than it was. Buyers are paying just under list price, homes are sitting for about a month before selling, and the average sale price has pulled back. That doesn't mean it's a bad time to sell - it means you need to go in with the right number from day one.

Overpricing right now will cost you time, and time on market in a cooling stretch can cost you money. Tower Hill still ranks above average for growth in Okotoks, and at 16 total transactions in 2026 so far, this is an active enough neighbourhood that serious buyers are watching it.

The play for sellers this summer is simple - price it accurately, not optimistically. Check your HonestDoor Price, compare it to what's actually sold nearby, and talk to someone who knows Tower Hill. Crystal Shores is sitting at $740,547 and Suntree at $682,530 - both pricier than us. That means buyers who want Okotoks but can't stretch that far are looking at Tower Hill. That's your audience. Make sure your price speaks to them.

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.