Wilmot, Summerside - September 2026 Real Estate Report

Wilmot, Summerside: Your Neighbours Are Watching the Numbers - You Should Be Too

The Vibe Right Now

If you own a home in Wilmot, here is the honest picture. The market is not on fire, but it is not cooling off either. It is doing something more interesting - it is holding steady while quietly building value underneath the surface. That is worth paying attention to.

Houses: Wilmot is Leading the Pack

Let's start with the good news for house owners. The average HonestDoor Price for a house in Wilmot sits at $418,495. The average sale price is $430,000. Those two numbers being this close together tells us the market here is grounded - no wild speculation, no mystery pricing.

The predicted market value for houses is $421,627, and that number is climbing. The 3-month moving average was $415,523, so we are trending upward. Property values have moved 2.45% recently, and that puts Wilmot houses at rank 1 out of 6 comparable neighbourhoods in Summerside for growth. That is the top spot on the leaderboard. Not bad for a neighbourhood that does not always get the headlines.

• Average HonestDoor Price (Houses): $418,495
• Average Sale Price: $430,000
• Predicted Market Value: $421,627
• Price Per Square Foot: $205
• Recent Value Change: +2.45%
• Growth Rank: 1 out of 6 in Summerside
• Estimated Monthly Rent: $2,168
• Rental Yield: 5.78%

That 5.78% rental yield is genuinely strong. If you are a landlord or thinking about becoming one, Wilmot houses are pulling their weight. And for Airbnb? Wilmot ranks 2nd in Summerside for short-term rental potential, with an estimated $107 per night. That is real money sitting in your property.

Condos: A Breather, Not a Breakdown

The condo story is a bit different, and we should be straight about it. The average HonestDoor Price for condos is $368,342, down 0.37% from the previous period. The predicted value of $369,721 is actually sitting below the 3-month moving average of $380,076. Values have shifted -7.46% recently, and the growth rank is 4 out of 4 in comparable Summerside neighbourhoods. That is the bottom of the leaderboard right now.

• Average HonestDoor Price (Condos): $368,342
• Predicted Market Value: $369,721
• 3-Month Moving Average: $380,076
• Recent Value Change: -7.46%
• Growth Rank: 4 out of 4 in Summerside
• Estimated Monthly Rent: $1,903
• Rental Yield: 4.07%
• Airbnb Estimate: $94 per night

Here is the silver lining for condo owners. At $368,342, Wilmot condos are significantly more affordable than nearby Sherbrooke, Summerside core, and St. Eleanors condos, which are priced much higher. If you are a buyer, that gap is worth a second look. If you are a seller, the rental yield of 4.07% still gives potential buyers a reason to care.

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

Here is something most homeowners in Wilmot do not think about until it is too late. Your city tax assessment is a snapshot from the past. It gets updated on a schedule that has nothing to do with what your home is actually worth today. By the time that number lands in your mailbox, the market has already moved.

The HonestDoor Price is updated in real time. It pulls from actual sales data, current market trends, and comparable properties right now - not 12 or 18 months ago. For Wilmot house owners, the HonestDoor Price of $418,495 is sitting close to the actual average sale price of $430,000. That alignment is a signal that the data is tracking reality, not lagging behind it.

If you are making any decision about your property - selling, refinancing, renting, or even just understanding your net worth - the HonestDoor Price is the number to start with. Not the assessment. Not a neighbour's guess. The real-world check.

So What Does This Mean If You Are Thinking About Selling This Summer?

For house owners in Wilmot, the timing is genuinely interesting. You are sitting in the number one growth neighbourhood in Summerside right now. Values are ticking up, the predicted price is above the 3-month average, and buyers looking at $205 per square foot have a compelling entry point compared to other markets. If you have been on the fence, this summer is a reasonable window to test the water.

For condo owners, the honest advice is to watch the next 60 to 90 days. The current dip is real, but Wilmot condos are still priced well below comparable units in surrounding neighbourhoods. That affordability gap can attract buyers who have been priced out elsewhere. If you need to sell, price it sharp and lean into that value story. If you can wait, let the market settle before committing.

Either way, pull your HonestDoor Price before you do anything else. It takes 30 seconds and it will tell you more than any assessment notice ever will.

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.