Wedgewood Heights, Edmonton - October 2026 Real Estate Report
Wedgewood Heights, Edmonton: Your Home Is Worth More Than the City Thinks
The Vibe Right Now
If you've been watching the "For Sale" signs in Wedgewood Heights, here's what's actually happening. The market is moving fast and prices are climbing. Three houses sold last month, up 50% from the month before, and they averaged $936,167 - a 34.8% jump from the previous month. That is not a typo.
Homes here are sitting on the market for an average of just 15 days. That days-on-market rank is 14 out of 116 Edmonton neighbourhoods - meaning we are in the top tier for speed. Buyers are not sleeping on Wedgewood Heights.
- Average sale price (Houses): $936,167
- Average list price this month: $949,000
- Price per square foot: $483
- Sale-to-list ratio: 96.42% - buyers are paying just under asking
- Average days on market: 15
- Properties sold last month: 3, up 50% month over month
Buyers are engaged but disciplined - they are not panic-buying. The 96.42% sale-to-list ratio means there is still a little room to negotiate, but not much. If you are a seller, that is a good place to be.
The Secret Sauce - Your HonestDoor Price vs. Your Tax Assessment
Here is the number your city assessment is not telling you. The average assessed value in Wedgewood Heights sits at $754,985. The average HonestDoor Price is $827,067. That is a gap of over $72,000 - and it matters a lot if you are thinking about selling, refinancing, or just want to know what your home is actually worth today.
City assessments are a snapshot from the past. They do not update in real time. The HonestDoor Price pulls from current market activity, so it reflects what buyers are actually paying right now - not what they were paying a year ago. In a neighbourhood where the predicted market value for houses sits at $829,591, leaning on a stale government number could mean leaving serious money on the table.
- Average city assessment: $754,985
- Average HonestDoor Price: $827,067
- HonestDoor Price is 9.55% higher than the average assessed value in Edmonton
- Predicted house market value: $829,591
- 515 properties assessed in the neighbourhood this year
The HonestDoor Price is your real-world check. Use it.
The Neighbourhood Leaderboard
Wedgewood Heights punches well above its weight in Edmonton. On price, we rank 44 out of 285 neighbourhoods - putting us among the most expensive in the city. On growth rate, we sit at 80 out of 285, which lands us in the above-average tier. And on days-on-market speed, we rank 14 out of 116 - that is elite territory.
Neighbourhood growth is 0.04% year over year. It is steady, not explosive. Compare that to our neighbours - Cameron Heights is growing at 0.05% with an average HonestDoor Price of $968,106, and Donsdale is at 0.07% with prices averaging $1,028,451. Both are growing a little faster and priced a little higher. Wedgewood Heights sits in a strong middle ground - premium without being the ceiling.
- Wedgewood Heights growth rank: 80 out of 285 Edmonton neighbourhoods (above average)
- Price rank: 44 out of 285 (among the most expensive)
- Days-on-market rank: 14 out of 116 (very fast-selling)
- Cameron Heights nearby: HonestDoor Price $968,106, growth 0.05%
- Donsdale nearby: HonestDoor Price $1,028,451, growth 0.07%
- Anthony Henday South West nearby: HonestDoor Price $289,870 (significantly more affordable)
The "So What?" - Should You Sell This Summer?
If you are thinking about listing this summer, the conditions are working in your favour right now. Homes are selling in 15 days on average. Prices jumped hard last month. And your real market value - the HonestDoor Price - is sitting nearly $72,000 above what the city has on file for you.
The one thing to watch: the HonestDoor Price has dipped 0.30% from the previous period, and the 3-month moving average of $834,354 is slightly above the current predicted value of $829,591. The market is not in freefall - it is just taking a breather after a strong run. That means the window is open, but it is worth moving with intention rather than waiting to see if prices climb back up on their own.
For landlords keeping an eye on this: the average rental estimate is $3,623 per month, with a rental yield of 5.10% on houses. That is a strong return by any measure. There were 21 property transactions recorded in 2026 across 515 assessed properties - a relatively tight turnover that keeps supply limited and demand healthy.
- Average rental estimate: $3,623 per month
- Rental yield (Houses): 5.10%
- Airbnb estimate: $180 per night (Airbnb rank 54 in Edmonton)
- Total transactions in 2026: 21 (rank 83 in Edmonton)
- HonestDoor Price change: -0.30% from previous period
Bottom line - Wedgewood Heights is a premium neighbourhood with fast-moving inventory and a real market value the city has not caught up to yet. Check your HonestDoor Price before you make any moves. It is the number that actually matters.
wedgewood heights | 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.