Woodhaven, Winnipeg - October 2026 Real Estate Report
Woodhaven, Winnipeg: Your Neighbour Just Asked If Now Is a Good Time to Sell. Here's the Real Answer.
If you've been watching the "For Sale" signs in Woodhaven, you've probably noticed things are moving fast - but the price story is a little more complicated than that. Here's what the numbers are actually telling us right now.
The Vibe: Houses vs. Condos in Woodhaven
Houses - Fast Off the Market, But Prices Are Settling
Our houses are selling quickly - we're talking an average of 4 days on market. That's one of the fastest turnaround times in all of Winnipeg, ranking 4th out of 78 neighbourhoods tracked. When a house hits the MLS here, it goes.
The catch? The average sale price this month sits at $497,200, which is down 36.8% from last month. Before you panic, context matters - only 3 properties sold this month, so one or two lower-priced sales can swing that average hard. The HonestDoor Price for houses holds steadier at $502,257, up a modest 0.10% from the previous period. That's the more reliable number to watch.
One stat that stands out: homes are selling at 106.79% of list price. Buyers are still going over asking. That's not a cold market - that's a market where good homes get competed over, even as the overall average drifts down.
- Average HonestDoor Price (Houses): $502,257
- Average Sale Price This Month: $497,200
- Average List Price This Month: $699,900
- Sale-to-List Ratio: 106.79% - buyers paid over asking
- Average Days on Market: 4 days
- Properties Sold This Month: 3
- Price Per Square Foot: $389
- Rental Estimate: $2,482 per month
- Rental Yield: 5.64%
- Airbnb Estimate: $123 per night
- Price Rank in Winnipeg: 21 out of 188 - among the most expensive
- Days-on-Market Rank: 4 out of 78 - very fast-selling
- Growth Rank on the Neighbourhood Leaderboard: 99 out of 191 - below the midpoint
That growth rank is worth noting. On the neighbourhood leaderboard, Woodhaven houses sit at 99 out of 191 - right in the lower half of Winnipeg for price growth momentum. We're not leading the pack right now, but we're also not at the bottom. Think of it as cruising in the middle lane.
Condos - A Tougher Picture
Condos in Woodhaven tell a different story, and we should be straight about it. The HonestDoor Price for condos is $223,200, up 6.64% from the previous period - which sounds good. But the predicted market value has slipped to $209,300, down from a 3-month moving average of $218,100. Values have dropped 4.69% recently.
On the neighbourhood leaderboard, Woodhaven condos rank 167 out of 175 for growth in Winnipeg. That's near the bottom. If you own a condo here, that number deserves your attention.
The rental yield on condos comes in at 4.34% - moderate, not spectacular. And compared to nearby neighbourhoods, Woodhaven condos are priced well below Kirkfield, Ridgedale, and Booth. That gap could mean opportunity for a buyer, but it's a headwind for a seller.
- Average HonestDoor Price (Condos): $223,200 - up 6.64%
- Predicted Market Value: $209,300
- 3-Month Moving Average: $218,100 - trending down
- Recent Value Change: -4.69%
- Rental Estimate: $1,220 per month
- Rental Yield: 4.34%
- Airbnb Estimate: $60 per night
- Growth Rank on the Neighbourhood Leaderboard: 167 out of 175 - bottom performers
The Secret Sauce: Why You Should Check Your HonestDoor Price Right Now
Here's the thing about your city tax assessment - it's a snapshot from the past. The City of Winnipeg reassesses on a fixed cycle, which means the number on your property tax bill could be months or even years behind what your home is actually worth today.
The HonestDoor Price is updated in real time, pulling from actual sales data, market trends, and comparable properties. Right now, with Woodhaven house values shifting month to month - and condo values sliding - your assessment and your real-world value could be telling two very different stories.
If you're a house owner, your HonestDoor Price of $502,257 is your real-world check. If you're a condo owner sitting on a city assessment that hasn't caught up to a -4.69% recent swing, you need to know that before you make any decisions. Don't let a stale government number be the last word on what your home is worth.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Woodhaven and you're thinking about listing this summer, the conditions are still working in your favour - but the window may be tightening. Homes are selling in 4 days and buyers are still going over asking. That's seller-friendly. The drop in average sale price this month looks dramatic, but with only 3 sales in the data, it's more of a blip than a trend.
The predicted value of $501,757 is slightly below the 3-month average of $507,999. The market isn't crashing - it's taking a breather. Listing now, while days-on-market is still razor-thin, puts you ahead of any further softening in the fall.
If you own a condo, the honest advice is this: the growth numbers are not your friend right now. A rank of 167 out of 175 means most of Winnipeg's condo markets are outperforming Woodhaven. If selling is on your radar, sooner is likely better than later while your HonestDoor Price still reflects that 6.64% recent bump in assessed value.
Either way, the smartest first move is the same - check your HonestDoor Price today. Know your real number before you call an agent, not after.
woodhaven | winnipeg | 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.