Photo: Onasill ~ Bill - 103 Million Views - Thank You · CC BY-SA 2.0A median $715,000: what owners say homes in Fergus are worth
It is the middle of what 9,390 owner households told the 2021 census. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Fergus. Assessors valued the median residential property at $357,000 for 2024. 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.
Two ways to price a home in Fergus
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
- $783K
- Owners
- 9,390
- 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, Fergus’s houses sit 53% above Ontario’s towns
Of Fergus’s 10,770 residential properties on the 2024 roll, 80% are detached houses and 6% are 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.
How Fergus’s homes break down, by age and kind
The 2021 census counted 11,975 occupied homes in Fergus; 73% of them are single-detached houses. The older half dates from before 2001.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Fergus | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 7% | 7% | 8% |
| Needing major repairs | 3% | 6% | 6% |
| Too small for the household | 3% | 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.
Fergus permitted 30 new homes a year per 1,000, above the 15 of Ontario’s towns
Fergus issued permits for 1,955 new homes from 2018 to 2023, or about 326 a year. The mix: 49% in single-unit buildings, beside 66% for Ontario’s towns.
A peak in 2021: 513 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.
Fergus sits near the middle of Ontario’s towns ($695,000)
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 Fergus
The places around Fergus at the 2021 census: median and average value, and how many own. No closer places have figures: these lie 20–23 km from Fergus.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Fergus | $715K | $783K | 81% | |
| Rockwood | $900K | $989K | 89% | 20.1 |
| Elmira | $755K | $819K | 84% | 20.4 |
| East Garafraxa | $1M | $1.2M | 92% | 21.4 |
| Grand Valley | $700K | $752K | 86% | 22.1 |
| Guelph | $700K | $732K | 66% | 22.6 |
Census 2021 values; km.
Questions about property prices in Fergus
How many households in Fergus are in core housing need?
Fewer than most: 5% of households in Fergus, where Ontario’s towns sit at 9%.
Is Fergus expensive for Ontario?
Fergus is close to the norm for Ontario’s towns, whose median home is worth $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).