Photo: P199 · CC BY-SA 3.0A median $695,000: what owners say homes in Hamilton are worth
3,940 owner households answered the census question on value in 2021. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ. There is no public record of sale prices in Ontario, which leaves the census value as the guide for Hamilton.
Two ways to price a home in Hamilton
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. 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, owners’ estimate
- Average
- $707K
- Owners
- 3,940
- 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, Hamilton’s houses sit 15% above Ontario’s towns
Detached houses account for 97% of the 4,565 properties on Hamilton’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: 95% of the homes in Hamilton stand alone (Ontario’s towns: 60%)
The 2021 census counted 4,280 occupied homes in Hamilton. Half or more were standing by 1980.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Hamilton | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 2% | 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.
8.3 new homes a year per 1,000 in Hamilton: fewer than Ontario’s towns (15)
From 2018 to 2023, permits in Hamilton created 206 homes, about 34 a year. Most were houses: 95% went into single-unit buildings, against 66% for Ontario’s towns.
The busiest year: 2021, with 52 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.
Hamilton sits near the middle of Ontario’s towns ($695,000)
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.
Cheaper next to Hamilton: Cobourg and Port Hope
The places around Hamilton at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Hamilton | $695K | $707K | 94% | |
| Cobourg | $600K | $617K | 69% | 9.5 |
| Port Hope | $600K | $669K | 78% | 12 |
| Alnwick/Haldimand | $700K | $740K | 92% | 12.7 |
Census 2021 values; km.
Questions about property prices in Hamilton
How many households in Hamilton are in core housing need?
Statistics Canada puts 5% of Hamilton’s households in core housing need, a smaller share than the 9% of Ontario’s towns.
Is Hamilton expensive for Ontario?
In the middle: Ontario’s towns come to $695,000, and so, near enough, does Hamilton.
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).