Photo: Quintin Soloviev · CC BY 4.0Home values in Black River-Matheson run 75% lower than the median of Ontario’s towns
Owners valued the median home at $174,000 in 2021, where the median of Ontario’s towns was $695,000. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Black River-Matheson. On the 2024 assessment, the middle residential property is valued at $31,500. MPAC hasn’t reassessed since its 1 January 2016 values, which is why the figure sits well under the census value; it compares only within Ontario.
What Black River-Matheson’s homes are worth, two ways
Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices.
median, owners’ estimate
- Average
- $216K
- Owners
- 850
- 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).
On the assessment roll, Black River-Matheson’s houses sit 56% below Ontario’s towns
Assessors listed 1,280 residential properties in Black River-Matheson for 2024, 90% of them detached houses.
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.
A town of houses: 88% of the homes in Black River-Matheson stand alone (Ontario’s towns: 60%)
Black River-Matheson had 1,080 occupied homes at the 2021 census. Half went up before 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Black River-Matheson | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 2% | 7% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 1% | 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.
Black River-Matheson is 75% 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 Black River-Matheson: Iroquois Falls and Kirkland Lake
Next to Black River-Matheson: 2021 census values and the share of owners. Distances here run 33–77 km: that is how far the nearest places with figures are from Black River-Matheson.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Black River-Matheson | $174K | $216K | 82% | |
| Iroquois Falls | $150K | $181K | 75% | 33 |
| Kirkland Lake | $150K | $170K | 62% | 49.6 |
| Timmins | $226K | $252K | 67% | 62.8 |
| Timiskaming, Unorganized, West Part | $250K | $293K | 93% | 69.1 |
| Cochrane | $200K | $217K | 71% | 76.6 |
Census 2021 values; km.
Questions about property prices in Black River-Matheson
Is Black River-Matheson expensive for Ontario?
Below the norm for Ontario’s towns, whose median home is worth $695,000; Black River-Matheson’s is worth less.
How many households in Black River-Matheson are in core housing need?
13% of Black River-Matheson’s households, above the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair, with no acceptable one nearby they could afford.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. 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).