Photo: Balcer · CC BY 2.5Owners in Georgetown value their homes 29% above the median of Ontario’s towns
Owners put the median home at $900,000 at the 2021 census; for Ontario’s towns the median is $695,000. For Georgetown there is no published sale price, as for every town in Ontario. For 2024, the median assessed value of a residential property is $550,000. 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.
What Georgetown’s homes are worth, two ways
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up.
median, owners’ estimate
- Average
- $999K
- Owners
- 18,560
- 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).
Houses in Georgetown carry 2.4 times the assessment of the median for Ontario’s towns
Of Georgetown’s 20,485 residential properties on the 2024 roll, 81% are detached houses and 2% 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 Georgetown’s homes break down, by age and kind
At the 2021 census, 73% of Georgetown’s 21,825 occupied homes were single-detached houses. At least half predate 2001.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Georgetown | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 8% | 7% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 9% | 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.
Permits in Georgetown ran at 9.2 homes a year per 1,000, where Ontario’s towns ran at 15
From 2018 to 2023, permits in Georgetown created 1,055 homes, about 176 a year. Single-unit buildings took 35%, the rest buildings of two or more, against 66% for Ontario’s towns.
The busiest year: 2020, with 357 new homes
New homes a year per 1,000 homes
35,927 new homes in the 12 months to August 2026, down 13% on the year before
Monthly permits for the Toronto metro area
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.
Georgetown is dearer than most of Ontario’s towns: 29% above their $695,000 median
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.
Georgetown’s neighbours by home value
The places around Georgetown at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Georgetown | $900K | $999K | 85% | |
| Creditview | $900K | $982K | 79% | 8.9 |
| Alloa | $1M | $1.07M | 81% | 9.6 |
| Spring Valley | $1M | $1.08M | 82% | 9.7 |
| Mount Pleasant North | $900K | $952K | 88% | 9.9 |
| Mount Pleasant Village | $900K | $929K | 88% | 10.1 |
| New Springbrook | $1.2M | $1.34M | 84% | 10.9 |
Census 2021 values; km.
Questions about property prices in Georgetown
Is Georgetown expensive for Ontario?
Yes: Georgetown’s census median is above the $695,000 of Ontario’s towns.
How many households in Georgetown are in core housing need?
Statistics Canada puts 9% of Georgetown’s households in core housing need, much as for Ontario’s towns (9%).
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).