Photo: Drozwik Drones · CC BY 3.0Homes in Cobourg are worth a median $600,000
6,270 owner households answered the census question on value in 2021. Owners gave those values at the May 2021 census; they are estimates, and older than today’s prices. No sales are published for towns in Ontario, Cobourg included, so owners’ values are the measure.
Cobourg’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. 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.
median, owners’ estimate
- Average
- $617K
- Owners
- 6,270
- 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, Cobourg’s houses sit 9% above Ontario’s towns
Assessors listed 7,845 residential properties in Cobourg for 2024, 68% of them detached houses and 10% 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.
Cobourg’s homes: when they went up and what they are
9,135 occupied homes stood in Cobourg in 2021, and single-detached houses made up 58% of them. At least half predate 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Cobourg | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 14% | 7% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 4% | 5% | 3% |
| Households in core housing need | 11% | 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.
Permits in Cobourg ran at 19.1 homes a year per 1,000, where Ontario’s towns ran at 15
Over 2018–2023, 1,029 homes were permitted in Cobourg, close to 172 each year. About 31% went into single-unit buildings, where Ontario’s towns built 66%.
The busiest year: 2023, with 396 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.
Cobourg against Ontario’s towns: 14% under the $695,000 median
871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Home values around Cobourg
The places around Cobourg at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Cobourg | $600K | $617K | 69% | |
| Hamilton | $695K | $707K | 94% | 9.5 |
| Port Hope | $600K | $669K | 78% | 10.8 |
| Alnwick/Haldimand | $700K | $740K | 92% | 14.8 |
Census 2021 values; km.
Questions about property prices in Cobourg
Is Cobourg expensive for Ontario?
Below the norm for Ontario’s towns, whose median home is worth $695,000; Cobourg’s is worth less.
How many households in Cobourg are in core housing need?
In line with Ontario’s towns (9%): 11% in Cobourg, counting the households whose home falls short on cost, size or repair.
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).