Photo: Tudor Costache · CC BY-SA 3.0Homes in Central Elgin are worth a median $600,000
The census of 2021 asked 4,780 owner households what their home was worth. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Central Elgin. On the 2024 assessment, the middle residential property is valued at $267,000. 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.
Two ways to price a home in Central Elgin
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. These home values were given by owners themselves, in a census taken in May 2021.
median, owners’ estimate
- Average
- $624K
- Owners
- 4,780
- 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 roll, 92% of Central Elgin’s properties are detached houses
Detached houses account for 92% of the 5,915 properties on Central Elgin’s 2024 roll.
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: 93% of the homes in Central Elgin stand alone (Ontario’s towns: 60%)
The 2021 census counted 5,460 occupied homes in Central Elgin. Half or more were standing by 1980.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Central Elgin | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 5% | 7% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 2% | 5% | 3% |
| Households in core housing need | 5% | 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.
Central Elgin permitted 30.1 new homes a year per 1,000, above the 15 of Ontario’s towns
Building permits added 898 homes in Central Elgin between 2018 and 2023: some 150 a year. 71% were single-unit buildings, beside 66% for Ontario’s towns. For monthly permits, the only official count covers all of the London metro area, Central Elgin included.
A peak in 2022: 205 new homes
New homes a year per 1,000 homes
Up 16%: 5,327 new homes in the year to August 2026
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.
Central Elgin against Ontario’s towns: 14% under the $695,000 median
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 Central Elgin: St. Thomas and Aylmer
The places around Central Elgin at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Central Elgin | $600K | $624K | 90% | |
| St. Thomas | $448K | $470K | 68% | 2 |
| Aylmer | $448K | $461K | 69% | 13.5 |
| Southwold | $600K | $655K | 92% | 14.1 |
| Malahide | $576K | $606K | 87% | 14.7 |
Census 2021 values; km.
Questions about property prices in Central Elgin
How many households in Central Elgin are in core housing need?
Statistics Canada puts 5% of Central Elgin’s households in core housing need, a smaller share than the 9% of Ontario’s towns.
Is Central Elgin expensive for Ontario?
On census values, Central Elgin sits among the cheaper of Ontario’s towns (median $695,000).
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).