A newly built town: 74% of the homes in Carpenter date from 2001 or later (Ontario’s towns: 17%)
Going by owners’ own estimates in 2021, the typical home is worth $900,000, the average one $886,000. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Carpenter.
Carpenter’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.
median, owners’ estimate
- Average
- $886K
- Owners
- 690
- 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). · Assessed values, values by property type and building permits for the city of Hamilton
On the assessment roll, Hamilton’s houses sit 52% above Ontario’s towns
In 2024, Hamilton had 178,695 residential properties on the roll, detached houses 71% of them and condos 6%.
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.
The homes of Carpenter, by period and type
At the 2021 census, 60% of Carpenter’s 910 occupied homes were single-detached houses. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Carpenter | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 12% | 7% | 8% |
| Needing major repairs | 1% | 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.
Building at the pace of Ontario’s towns: 16 new homes a year per 1,000 in Hamilton, against 15
Building permits added 20,374 homes in Hamilton between 2018 and 2023: some 3,396 a year. Apartments and other multi-unit buildings dominate: only 15% were single-unit, against 66% for Ontario’s towns.
Most in 2023: 5,130 new homes
New homes a year per 1,000 homes
Up 8%: 3,048 new homes in the year to August 2026
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. · Monthly permits: one figure for all of the Hamilton metro area
Carpenter is dearer than most of Ontario’s towns: 29% above their $695,000 median
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 Carpenter: Falkirk East, Gilkson and Gurnett
Next to Carpenter: 2021 census values and the share of owners.
Questions about property prices in Carpenter
Is Carpenter expensive for Ontario?
Dearer than the middle: Ontario’s towns come to $695,000, Carpenter to more.
How many households in Carpenter are in core housing need?
In line with Ontario’s towns (9%): 9% in Carpenter, counting the households whose home falls short on cost, size or repair.
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).