Photo: Jfvoll · CC BY-SA 4.0Half the owned homes in Drayton are valued above $695,000
It is the middle of what 2,290 owner households told the 2021 census. No sales are published for towns in Ontario, Drayton included, so owners’ values are the measure. The 2024 property assessment puts the median residential property at $332,000. 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.
Drayton’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. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up.
median, owners’ estimate
- Average
- $723K
- Owners
- 2,290
- 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).
Drayton’s detached houses are assessed 38% above the median of Ontario’s towns
Detached houses account for 90% of the 3,060 properties on Drayton’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: 88% of the homes in Drayton stand alone (Ontario’s towns: 60%)
People lived in 3,245 homes in Drayton at the 2021 census. The older half dates from before 2001.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Drayton | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 5% | 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.
Drayton permitted 15.4 new homes a year per 1,000, close to the 15 of Ontario’s towns
Some 48 homes a year: 287 in all were permitted in Drayton from 2018 to 2023. Houses dominate the permits, at 88% in single-unit buildings (Ontario’s towns: 66%).
Most in 2023: 72 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.
Drayton sits close to the $695,000 median of Ontario’s towns
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.
Lower values near Drayton: Mount Forest, Listowel and Palmerston
Next to Drayton: 2021 census values and the share of owners. The nearest places to Drayton with figures are 20–25 km away.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Drayton | $695K | $723K | 86% | |
| Mount Forest | $500K | $548K | 74% | 19.6 |
| Fergus | $715K | $783K | 81% | 22.7 |
| Listowel | $500K | $566K | 71% | 23.7 |
| Palmerston | $500K | $533K | 76% | 24 |
| Elmira | $755K | $819K | 84% | 25.4 |
Census 2021 values; km.
Questions about property prices in Drayton
How many households in Drayton are in core housing need?
5% of Drayton’s households, under the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Is Drayton expensive for Ontario?
In the middle: Ontario’s towns come to $695,000, and so, near enough, does Drayton.
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).