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Colborne, Ontario 2023-09-23 IMG-003Photo: Dillan Payne · CC BY-SA 2.0
C−Cost of living Grade
Property prices in Colborne · Census 2021 and Statistics Canada

Home values in Colborne run 28% lower than the median of Ontario’s towns

Owners put the median home at $500,000 at the 2021 census; for Ontario’s towns the median is $695,000. For Colborne there is no published sale price, as for every town in Ontario. The 2024 property assessment puts the median residential property at $215,000. 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.

Median home value
$500K
owners’ estimate, census 2021
average $588K
Median assessed value
$215K
2024, on MPAC’s 2016 base
Owner households
2,180
census 2021
85% of households
What homes are worth

Two ways to price a home in Colborne

Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since.

Census 2021$500K

median, owners’ estimate

Average
$588K
Owners
2,180
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$215K

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).

By type of home

Colborne’s homes by type: detached houses lead, at 94%

Assessors listed 2,815 residential properties in Colborne for 2024, 94% of them detached houses.

Assessed value

Median assessment by type, 2024 the tick is the median of Ontario’s towns

Detached houses$238K
Semi-detached$196K
Row houses$175K
Multi-unit properties$257K
The mix of properties
Detached houses94%
Multi-unit properties3%
Semi-detached1%
Row houses1%
1,700 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)

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.

The homes

A town of houses: 91% of the homes in Colborne stand alone (Ontario’s towns: 60%)

Colborne had 2,600 occupied homes at the 2021 census. At least half predate 2001.

When they were built

Homes by period of construction the tick is the median of Ontario’s towns

Before 196131%
1961–198018%
1981–200029%
2001–201517%
2016–20216%
What kind of home

Homes by kind

Single-detached houses91%
Semi-detached houses2%
Row housesunder 1%
Flats in a duplex1%
Apartments, under 5 storeys6%
Apartments, 5+ storeysunder 1%
Against the median town of the province and of Canada
ColborneOntarioCanada
Condominiums1%7%8%
Needing major repairs7%6%6%
Too small for the household4%5%3%
Households in core housing need5%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.

Across Ontario

Colborne is 28% 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.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Colborne’s neighbours by home value

Next to Colborne: 2021 census values and the share of owners.

BrightonAlnwick/HaldimandBrightonAlnwick/HaldimandColborne
Prices next door
TownMedian home valueAverageOwnerskm
Colborne$500K$588K85%
Brighton$500K$559K86%11.6
Alnwick/Haldimand$700K$740K92%15.7

Census 2021 values; km.

Questions about property prices in Colborne

How many households in Colborne are in core housing need?

Statistics Canada puts 5% of Colborne’s households in core housing need, a smaller share than the 9% of Ontario’s towns.

Is Colborne expensive for Ontario?

No: Colborne’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. 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).