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Aerial view of HearstPhoto: Hearst1958 · CC BY-SA 4.0
A−Cost of living Grade
Property prices in Hearst · Census 2021 and Statistics Canada

A home in Hearst is worth 68% less than the middle of Ontario’s towns

The census median was $220,000 in 2021, against $695,000 for Ontario’s towns. No sale stands behind these values: owners named them at the census of May 2021. Sale prices aren’t published in Ontario: what owners told the census is the figure to go on for Hearst.

Median home value
$220K
owners’ estimate, census 2021
average $234K
Median assessed value
$138K
2024, on MPAC’s 2016 base
New homes a year
4
permits, 2018–2023
1.4 per 1,000 homes
Owner households
1,365
census 2021
61% of households
What homes are worth

Hearst’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. 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$220K

median, owners’ estimate

Average
$234K
Owners
1,365
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$138K

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

A detached house in Hearst is assessed 41% lower than across Ontario’s towns

Assessors listed 1,565 residential properties in Hearst for 2024, 80% of them detached houses.

Assessed value

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

Detached houses$149K
Semi-detached$126K
Mobile homes$53K
Multi-unit properties$170K
The mix of properties
Detached houses80%
Multi-unit properties13%
Mobile homes3%
Semi-detached3%
1,780 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)

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

Hearst’s homes: when they went up and what they are

The 2021 census counted 2,250 occupied homes in Hearst; 59% of them are single-detached houses. At least half predate 1981.

When they were built

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

Before 196127%
1961–198046%
1981–200022%
2001–20155%
2016–20211%
What kind of home

Homes by kind

Single-detached houses59%
Semi-detached houses4%
Row houses5%
Flats in a duplex7%
Apartments, under 5 storeys22%
Apartments, 5+ storeysunder 1%
Movable dwellings2%
Against the median town of the province and of Canada
HearstOntarioCanada
Condominiums5%7%8%
Needing major repairs6%6%6%
Too small for the householdunder 1%5%3%
Households in core housing need3%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

Hearst permitted 1.4 new homes a year per 1,000, below the 15 of Ontario’s towns

From 2018 to 2023, permits in Hearst created 21 homes, about 4 a year. Most were houses: 56% went into single-unit buildings, against 66% for Ontario’s towns.

Permits by year, 2018–2023

The busiest year: 2022, with 7 new homes

Single-unit buildingsTwo or more units
02468201820192020202120222023
The pace

New homes a year per 1,000 homes

Hearst1.4
Ontario’s towns15
The typical Canadian town13.8
$1.05M
of new residential construction a year, 2019–2023

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

Hearst is cheaper than most of Ontario’s towns: 68% under their $695,000 median

The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.

Cheaper next to Hearst: Kapuskasing, Hornepayne and Moonbeam

The places around Hearst at the 2021 census: median and average value, and how many own. No closer places have figures: these lie 95–113 km from Hearst.

KapuskasingHornepayneMoonbeamKapuskasingHornepayneMoonbeamHearst
Prices next door
TownMedian home valueAverageOwnerskm
Hearst$220K$234K61%
Kapuskasing$150K$168K67%95.3
Hornepayne$100K$111K80%96.2
Moonbeam$174K$223K93%113

Census 2021 values; km.

Questions about property prices in Hearst

Is Hearst expensive for Ontario?

Cheaper than the middle: Ontario’s towns come to $695,000, Hearst to less.

How many households in Hearst are in core housing need?

3% of Hearst’s households, under 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.

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).