Tower Hill, Okotoks - September 2026 Real Estate Report

Tower Hill, Okotoks: Your Neighbour Just Got a Raise. Did You?

If you own a home in Tower Hill and you haven't checked your property value lately, you're probably leaving money on the table. The numbers coming out of this neighbourhood right now are worth paying attention to - especially if you're thinking about making a move before summer ends.

The Vibe: What's Happening on Our Streets

Houses - Moving Fast and Climbing

Houses in Tower Hill are having a solid run. The average sale price hit $581,000 this month, up 6.6% from last month. That's not a small jump. Only 2 homes sold this month, but they moved in an average of 15 days - which is quick. When houses are leaving the market that fast, it tells us buyers are ready and waiting.

• Average sale price: $581,000 (up 6.6% from last month)
• Average list price: $559,900
• Price per square foot: $395
• Sold at 97.34% of list price - buyers are paying close to asking
• Average days on market: 15
• Properties sold this month: 2
• Estimated monthly rent: $2,725
• Rental yield: 5.55% - that's a strong return

On the neighbourhood leaderboard, Tower Hill houses rank 2 out of 31 neighbourhoods in Okotoks for growth rate. That puts us near the very top. Days-on-market ranks 5 out of 25, meaning our homes sell faster than most of the city. The one trade-off? We rank 25 out of 29 on price, which actually means Tower Hill is one of the more affordable options in Okotoks right now. For buyers, that's an entry point. For sellers, that's upside.

Condos - The Quiet Overachiever

The condo story in Tower Hill is a little different, but honestly just as interesting. The average sale price sits at $176,500, and the market is stable. Only 1 condo sold this month, taking about 25 days to move. Slower than houses, sure - but here's the number that stands out.

• Average sale price: $176,500
• Average list price: $159,900
• Price per square foot: $287
• Sold at 98.50% of list price - very close to asking
• Average days on market: 25
• Estimated monthly rent: $2,259
• Rental yield: 3.90%
• HonestDoor predicted value: $449,088 - up significantly from the 3-month average of $408,416

That predicted value jump of 17.66% is the real headline for condo owners. Tower Hill condos rank 1 out of 24 neighbourhoods in Okotoks for growth rate. Number one. If you own a condo here and you're still going off an old assessment, you almost certainly don't know what it's actually worth today.

The Secret Sauce: Your Tax Assessment Is Already Stale

Here's the thing about government assessments - they're a snapshot from months ago, sometimes longer. The market doesn't wait for paperwork. The HonestDoor Price updates in real time, pulling from actual transaction data and current market signals. It's the difference between knowing what your home is worth today versus what a bureaucrat thought it was worth last year.

For Tower Hill houses, the HonestDoor Price sits at $547,074, up 0.15% from the previous period. For condos, it's $437,973. These numbers move with the market. Your city assessment doesn't. If you're making any financial decision - refinancing, selling, even just knowing your net worth - the HonestDoor Price is the real-world check you need.

Compare that to what's happening in nearby neighbourhoods. Crystal Shores is averaging $731,348 for houses. Suntree is at $663,189. Tower Hill is priced below both, which means buyers looking for value in Okotoks are going to keep landing here. That demand is what keeps prices moving.

The "So What?" - Should You Sell This Summer?

If you own a house in Tower Hill and you've been sitting on the fence, the case for selling this summer is real. Homes are moving in 15 days. The sale price is up 6.6% in a single month. Buyers are paying 97% of list price, which means you're not going to get lowballed. The neighbourhood is ranked near the top of Okotoks for growth, and it's still priced below most comparable areas - meaning demand isn't going away.

If you own a condo, the market is slower but the value story is strong. A 17.66% change in predicted value and a number-one growth ranking means the fundamentals are working in your favour. Patience here could pay off, but knowing your actual number right now puts you in control of the conversation.

Either way, the first step is the same - check your HonestDoor Price for your specific property. Not your neighbour's. Not the neighbourhood average. Yours. The market is moving, and the homeowners who know their numbers are the ones who make the right call at the right time.

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.