Homes from 2001 on make up 51% of Jerome, where Ontario’s towns have 17%
Asked in 2021, owners gave a median value of $800,000; averaged, their homes came to $823,478. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up. Sale prices aren’t published in Ontario: what owners told the census is the figure to go on for Jerome.
Jerome’s homes, by two sources
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. 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
- $823K
- Owners
- 575
- 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). · Shared with the rest of the city of Hamilton: assessed values, values by property type and building permits
Hamilton’s detached houses are assessed 52% above the median of Ontario’s towns
Detached houses account for 71% of the 178,695 properties on Hamilton’s 2024 roll; condos for 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 Jerome, by period and type
750 occupied homes stood in Jerome in 2021, and single-detached houses made up 80% of them. Summed from small census areas, a neighbourhood’s parts may add up to a little less than its total.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Jerome | Ontario | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 7% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 10% | 5% | 3% |
| Households in core housing need | 8% | 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.
Hamilton permitted 16 new homes a year per 1,000, close to the 15 of Ontario’s towns
Hamilton issued permits for 20,374 new homes from 2018 to 2023, or about 3,396 a year. Multi-unit buildings took most: single-unit ones were just 15%, where Ontario’s towns built 66%.
A peak 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
Monthly permits for the Hamilton 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.
Jerome against Ontario’s towns: 15% over the $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 Jerome: Crerar, Greeningdon and Bruleville
The places around Jerome at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Jerome | $800K | $823K | 77% | |
| Crerar | $750K | $662K | 75% | 0.9 |
| Greeningdon | $600K | $608K | 55% | 0.9 |
| Bruleville | $600K | $614K | 54% | 1.2 |
| Rolston | $650K | $606K | 56% | 1.4 |
| Gourley | $800K | $738K | 91% | 1.4 |
| Balfour | $645K | $604K | 62% | 1.6 |
Census 2021 values; km.
Questions about property prices in Jerome
How many households in Jerome are in core housing need?
8% of Jerome’s households, near the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Is Jerome expensive for Ontario?
More than most: Ontario’s towns have a median of $695,000, and Jerome sits above it.
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).