Photo: P199 · CC BY-SA 3.0Owners in Cochrane value their homes 71% below the median of Ontario’s towns
Owners valued the median home at $200,000 in 2021, where the median of Ontario’s towns was $695,000. No sales are published for towns in Ontario, Cochrane included, so owners’ values are the measure. The 2024 property assessment puts the median residential property at $143,000. 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.
Cochrane’s homes, by two sources
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch.
median, owners’ estimate
- Average
- $217K
- Owners
- 1,650
- 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 Cochrane is assessed 35% lower than across Ontario’s towns
Detached houses account for 87% of the 1,975 properties on Cochrane’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.
More homes in poor repair than most: 10% in Cochrane (Ontario’s towns: 6%)
Cochrane had 2,315 occupied homes at the 2021 census, 67% of them 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
| Cochrane | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 3% | 7% | 8% |
| Needing major repairs | 10% | 6% | 6% |
| Too small for the household | 4% | 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.
7.9 new homes a year per 1,000 in Cochrane: fewer than Ontario’s towns (15)
Some 16 homes a year: 96 in all were permitted in Cochrane from 2018 to 2023. The mix: 25% in single-unit buildings, beside 66% for Ontario’s towns.
The busiest year: 2022, with 67 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.
Cochrane is 71% 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 Cochrane: Iroquois Falls and Smooth Rock Falls
Next to Cochrane: 2021 census values and the share of owners. The nearest places to Cochrane with figures are 44–49 km away.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Cochrane | $200K | $217K | 71% | |
| Iroquois Falls | $150K | $181K | 75% | 43.6 |
| Cochrane, Unorganized, North Part | $200K | $228K | 88% | 46.9 |
| Smooth Rock Falls | $120K | $134K | 80% | 49.3 |
Census 2021 values; km.
Questions about property prices in Cochrane
Is Cochrane expensive for Ontario?
No: Cochrane’s census median is below the $695,000 of Ontario’s towns.
How many households in Cochrane are in core housing need?
In Cochrane, 5% of households are in core housing need, against 9% for Ontario’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
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).