Virginia Park, Edmonton - October 2026 Real Estate Report
Virginia Park, Edmonton: Your Neighbour Just Got a Surprise - Here's What the Numbers Actually Say
The Vibe Right Now
If you've been watching the "For Sale" signs on your block and wondering what's really going on, here's the straight answer: Virginia Park is a tale of two property types. Houses are holding solid value above the city average, while condos are quietly posting some of the strongest growth numbers in all of Edmonton. Not what most people expect from this neighbourhood.
The neighbourhood sits at an average HonestDoor Price of $507,642 for houses - that's 1.84% above the average Edmonton assessed value. With 179 properties assessed this year and 8 transactions logged in 2026, this is a relatively tight market. Low volume means every sale carries real weight for your property's value.
Houses - Steady, But Taking a Breather
Let's be honest about where houses stand. The average sale price is sitting at $600,000, which sounds great until you look at the trend line. The predicted market value is $503,022, and that number is sliding - down from a 3-month moving average of $513,508. Property values have dipped 3.10% recently, and on the neighbourhood leaderboard, Virginia Park houses rank 222 out of 285 Edmonton neighbourhoods for growth. That puts us in below-average territory right now.
- Average sale price: $600,000
- Price per square foot: $365
- Average days on market: 55 days
- Sale-to-list ratio: 92.16% - buyers are negotiating below asking
- Predicted market value: $503,022
- 3-month moving average: $513,508
- Recent value change: -3.10%
- Growth rank: 222 out of 285 Edmonton neighbourhoods
- Price rank: 83 out of 285 - above average in price
- Days-on-market rank: 51 out of 116 - moderately fast selling
The silver lining? If you're a landlord or thinking about becoming one, the rental story is strong. Estimated rent of $2,416 per month translates to a rental yield of 5.65%. That's a number worth paying attention to. Compare that to nearby Bellevue at $2,067 per month and Cromdale at $2,630 - we're sitting comfortably in the middle of a solid rental corridor.
Condos - The Quiet Overachiever
Here's the number that stopped us in our tracks: Virginia Park condos rank 1 out of 297 Edmonton neighbourhoods for growth. First place. The predicted market value of $122,029 is climbing past the 3-month moving average of $114,376, and recent value change clocks in at 18.59%. That is not a typo.
- Average HonestDoor Price: $123,972
- HonestDoor Price growth: up 1.59% from previous period
- Average sale price: $108,500
- Average listing price: $119,900
- Price per square foot: $112
- Average days on market: 130 days - slower moving
- Sale-to-list ratio: 90.49% - room to negotiate
- Predicted market value: $122,029
- Recent value change: +18.59%
- Growth rank: 1 out of 297 Edmonton neighbourhoods
- Price rank: 210 out of 218 - among the most affordable in Edmonton
- Estimated rent: $672 per month
- Rental yield: 4.36%
Yes, condos here take longer to sell - 130 days on average, ranking 90 out of 113 for speed. But if you're a buyer looking for an entry point with serious upside, or a seller who has been sitting on a condo wondering if the moment has passed - it hasn't. The predicted value of $122,029 already beats nearby Cromdale condos at $111,282.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's something most Virginia Park homeowners don't realize: your city assessment is a snapshot from the past. It's calculated using data that can be months - sometimes over a year - old by the time it lands in your mailbox. The market doesn't wait for paperwork.
The HonestDoor Price is updated in real time using actual transaction data, current listing activity, and neighbourhood-level trends. For houses in Virginia Park, that means a current read of $507,642 - sitting 1.84% above the average Edmonton assessed value. For condos, the HonestDoor Price of $123,972 reflects that 18.59% recent growth surge that your tax assessment almost certainly hasn't caught up to yet.
If you're making any financial decision - refinancing, selling, buying out a partner, or just benchmarking your net worth - use the HonestDoor Price as your real-world check. The assessed value tells you what the city thought your home was worth. The HonestDoor Price tells you what the market thinks right now.
The So What - Thinking About Selling This Summer?
If you own a house in Virginia Park and you're eyeing a summer sale, the honest answer is: move with intention. Buyers are landing deals at 92.16% of list price, and the predicted value trend is pointing slightly downward. That doesn't mean panic - it means price it right from day one. Overpriced listings are sitting for 55 days. Well-priced ones are moving faster. Your price rank of 83 out of 285 tells us buyers know Virginia Park commands a premium - don't give that away with wishful pricing.
If you own a condo here, this summer could genuinely be your window. A growth rank of 1 out of 297 is the kind of stat that attracts attention from investors and first-time buyers who've been priced out elsewhere. The catch is that condos are taking 130 days to sell on average, so list early, price sharp, and let the growth story do the talking.
Either way, pull your HonestDoor Price before you call an agent. Walk into that conversation knowing your number - not the city's number from last year.
virginia park | edmonton | october 2026This 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.