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Property prices in Forest · Census 2021 and Statistics Canada

Owners in Forest value their homes 28% below the median of Ontario’s towns

At the 2021 census the median home was worth $500,000, where Ontario’s towns sit at $695,000. Those values come from owners at the 2021 census and predate the prices of the years since. Sale prices aren’t published in Ontario: what owners told the census is the figure to go on for Forest.

Median home value
$500K
owners’ estimate, census 2021
average $587K
Median assessed value
$237K
2024, on MPAC’s 2016 base
New homes a year
108
permits, 2018–2023
21.1 per 1,000 homes
Owner households
4,165
census 2021
81% of households
What homes are worth

Forest’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. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.

Census 2021$500K

median, owners’ estimate

Average
$587K
Owners
4,165
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$237K

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

On the roll, 92% of Forest’s properties are detached houses

The 2024 assessment roll counts 6,845 homes in Forest: detached houses make 92% of them, condos 1%.

Assessed value

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

Detached houses$264K
Row houses$224K
Condos$166K
Multi-unit properties$266K
The mix of properties
Detached houses92%
Multi-unit properties3%
Row houses2%
Condos1%
1,680 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
1,150 sq ft
living area of the median condo

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

Forest’s homes: when they went up and what they are

5,300 occupied homes stood in Forest in 2021, and single-detached houses made up 84% of them. At least half predate 1981.

When they were built

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

Before 196129%
1961–198028%
1981–200023%
2001–201515%
2016–20216%
What kind of home

Homes by kind

Single-detached houses84%
Semi-detached houses1%
Row houses3%
Flats in a duplex1%
Apartments, under 5 storeys9%
Apartments, 5+ storeysunder 1%
Other attached1%
Movable dwellings1%
Against the median town of the province and of Canada
ForestOntarioCanada
Condominiums4%7%8%
Needing major repairs6%6%6%
Too small for the household2%5%3%
Households in core housing need6%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.

New homes

Forest permitted 21.1 new homes a year per 1,000, above the 15 of Ontario’s towns

From 2018 to 2023, permits in Forest created 650 homes, about 108 a year. Houses dominate the permits, at 67% in single-unit buildings (Ontario’s towns: 66%).

Permits by year, 2018–2023

The busiest year: 2022, with 143 new homes

Single-unit buildingsTwo or more units
050100150201820192020202120222023
The pace

New homes a year per 1,000 homes

Forest21.1
Ontario’s towns15
The typical Canadian town13.8
$44M
of new residential construction a year, 2019–2023

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.

Across Ontario

Forest is cheaper than most of Ontario’s towns: 28% under their $695,000 median

871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

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

Lower values near Forest: Watford

The places around Forest at the 2021 census: median and average value, and how many own. Forest has few close neighbours with figures, so the list reaches 15–29 km out.

ParkhillWatfordAdelaide-MetcalfePlympton-WyomingParkhillWatfordAdelaide-MetcalfePlympton-WyomingForest
Prices next door
TownMedian home valueAverageOwnerskm
Forest$500K$587K81%
Parkhill$500K$570K82%15.2
Watford$400K$458K79%23.5
Adelaide-Metcalfe$600K$644K82%28.7
Plympton-Wyoming$500K$597K88%28.9

Census 2021 values; km.

Questions about property prices in Forest

Is Forest expensive for Ontario?

On census values, Forest sits among the cheaper of Ontario’s towns (median $695,000).

How many households in Forest are in core housing need?

Statistics Canada puts 6% of Forest’s households in core housing need, a smaller share than the 9% of Ontario’s towns.

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).