Photo: JFVoll · CC BY-SA 4.0Home values in Belleville run 39% lower than the median of Ontario’s towns
The 2021 census gives $424,000 as the median value; Ontario’s towns come to $695,000. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Belleville. On the 2024 assessment, the middle residential property is valued at $207,000. Ontario’s assessments are still on MPAC’s values of 1 January 2016, far below today’s prices, so they compare only with other Ontario towns.
Belleville’s homes, by two sources
Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. These home values were given by owners themselves, in a census taken in May 2021.
median, owners’ estimate
- Average
- $460K
- Owners
- 14,665
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
A detached house in Belleville is assessed 15% lower than across Ontario’s towns
Assessors listed 18,890 residential properties in Belleville for 2024, 76% of them detached houses and 7% condos.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.
13% of Belleville’s households are in core housing need, against 9% for Ontario’s towns
The 2021 census counted 23,535 occupied homes in Belleville; 59% of them are single-detached houses. Half went up before 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Belleville | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 7% | 7% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 4% | 5% | 3% |
| Households in core housing need | 13% | 9% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Belleville permitted 15.5 new homes a year per 1,000, close to the 15 of Ontario’s towns
From 2018 to 2023, permits in Belleville created 2,089 homes, about 348 a year. About 40% went into single-unit buildings, where Ontario’s towns built 66%.
A peak in 2019: 422 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Belleville is 39% below the $695,000 median of Ontario’s towns
The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Belleville: Tyendinaga, Stirling and Deseronto
Next to Belleville: 2021 census values and the share of owners. Distances here run 16–26 km: that is how far the nearest places with figures are from Belleville.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Belleville | $424K | $460K | 63% | |
| Quinte West | $440K | $479K | 75% | 15.6 |
| Picton | $600K | $689K | 82% | 19.5 |
| Tyendinaga | $400K | $468K | 92% | 19.8 |
| Stirling | $400K | $456K | 82% | 22.1 |
| Deseronto | $300K | $324K | 70% | 26.3 |
Census 2021 values; km.
Questions about property prices in Belleville
Is Belleville expensive for Ontario?
No: Belleville’s census median is below the $695,000 of Ontario’s towns.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).