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Property prices in Hamilton · Census 2021 and Statistics Canada

Owners put the median home in Hamilton at $700,000

The census of 2021 asked 145,955 owner households what their home was worth. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales. Sale prices aren’t published in Ontario: what owners told the census is the figure to go on for Hamilton.

Median home value
$700K
owners’ estimate, census 2021
average $752K
Median assessed value
$353K
2024, on MPAC’s 2016 base
New homes a year
3,396
permits, 2018–2023
16 per 1,000 homes
Owner households
145,955
census 2021
66% of households
What homes are worth

Two ways to price a home in Hamilton

Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. 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.

Census 2021$700K

median, owners’ estimate

Average
$752K
Owners
145,955
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$353K

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

Hamilton’s detached houses are assessed 52% above the median of Ontario’s towns

Assessors listed 178,695 residential properties in Hamilton for 2024, 71% of them detached houses and 6% condos.

Assessed value

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

Detached houses$385K
Semi-detached$290K
Row houses$328K
Condos$215K
Multi-unit properties$359K
The mix of properties
Detached houses71%
Row houses14%
Condos6%
Semi-detached4%
Multi-unit properties3%
1,810 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
833 sq ft
living area of the median condo
80%
of properties lived in by their owner

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

Core housing need: 13% of Hamilton’s households, where Ontario’s towns sit at 9%

Of the 222,805 homes people lived in across Hamilton at the 2021 census, 56% were single-detached houses. The older half dates from before 1981.

When they were built

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

Before 196133%
1961–198028%
1981–200021%
2001–201513%
2016–20215%
What kind of home

Homes by kind

Single-detached houses56%
Semi-detached houses3%
Row houses12%
Flats in a duplex3%
Apartments, under 5 storeys9%
Apartments, 5+ storeys16%
Against the median town of the province and of Canada
HamiltonOntarioCanada
Condominiums11%7%8%
Needing major repairs7%6%6%
Too small for the household6%5%3%
Households in core housing need13%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

Hamilton permitted 16 new homes a year per 1,000, close to the 15 of Ontario’s towns

Over 2018–2023, 20,374 homes were permitted in Hamilton, close to 3,396 each year. Multi-unit buildings took most: single-unit ones were just 15%, where Ontario’s towns built 66%.

Permits by year, 2018–2023

A peak in 2023: 5,130 new homes

Single-unit buildingsTwo or more units
02,0004,0006,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Hamilton16
Ontario’s towns15
The typical Canadian town13.8
$969M
of new residential construction a year, 2019–2023
The metro area

Rising: 3,048 new homes in the 12 months to August 2026, 8% more

02,0004,0006,00020212022202320242025

Measured across the Hamilton metro area: monthly permits

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

Hamilton sits close to the $695,000 median of Ontario’s towns

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 Hamilton: Inch Park, Eastmount and Hill Park

The places around Hamilton at the 2021 census: median and average value, and how many own.

Inch ParkEastmountHill ParkBurkholmeCentremountSt. ClairInch ParkEastmountHill ParkBurkholmeCentremountSt. ClairHamilton
Prices next door
TownMedian home valueAverageOwnerskm
Hamilton$700K$752K66%
Inch Park$552K$587K81%0.4
Eastmount$500K$524K66%0.6
Hill Park$600K$589K62%1
Burkholme$600K$593K57%1.1
Centremount$700K$658K63%1.4
St. Clair$700K$717K46%1.5

Census 2021 values; km.

Questions about property prices in Hamilton

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).