Photo: Fishonleash · CC BY 4.0King’s home values run 2.3 times those of the middle of Ontario’s towns
Owners put the median home at $1,600,000 at the 2021 census; for Ontario’s towns the median is $695,000. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for King.
Two ways to price a home in King
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.
median, owners’ estimate
- Average
- $1.83M
- Owners
- 7,780
- 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).
A detached house in King is assessed at 3.9 times the middle of Ontario’s towns
In 2024, King had 8,990 residential properties on the roll, detached houses 87% of them and condos 4%.
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.
Single-detached houses are 87% of King’s homes, against 60% for Ontario’s towns
The 2021 census counted 8,965 occupied homes in King. At least half predate 2001.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| King | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 6% | 7% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 7% | 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: 15.8 new homes a year per 1,000 in King, against 15
From 2018 to 2023, permits in King created 769 homes, about 128 a year. The mix: 47% in single-unit buildings, beside 66% for Ontario’s towns. Figures for monthly permits are published for the Toronto metro area as a whole, not for King alone.
A peak in 2022: 370 new homes
New homes a year per 1,000 homes
Down 13%: 35,927 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.
King is dearer than most of Ontario’s towns: 130% above their $695,000 median
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 King: Hope, Teston and Peace Village
Next to King: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| King | $1.6M | $1.83M | 88% | |
| Hope | $1.11M | $1.53M | 85% | 8.9 |
| Teston | $1M | $1.14M | 92% | 9.4 |
| Peace Village | $1M | $1.12M | 84% | 9.8 |
| Purpleville | $1.25M | $1.59M | 91% | 10.4 |
| Aurora | $1M | $1.22M | 81% | 11 |
| Upper Thornhill Estates | $1.8M | $1.89M | 93% | 11.5 |
Census 2021 values; km.
Questions about property prices in King
Is King expensive for Ontario?
Yes: King’s census median is above the $695,000 of Ontario’s towns.
How many households in King are in core housing need?
7% of King’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).