Homes in Forest Hill are worth a median $695,000
Some 1,380 owner households gave their home’s value to the 2021 census. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates. No sales are published for towns in Ontario, Forest Hill included, so owners’ values are the measure.
What Forest Hill’s homes are worth, two ways
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. 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
- $673K
- Owners
- 1,380
- 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 Kitchener: assessed values, values by property type and building permits
A detached house in Kitchener is assessed 37% higher than across Ontario’s towns
Detached houses account for 60% of the 81,065 properties on Kitchener’s 2024 roll; condos for 13%.
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 Forest Hill, by period and type
The 2021 census counted 2,240 occupied homes in Forest Hill; 59% of them are single-detached houses. At least half predate 1981. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Forest Hill | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 3% | 7% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 6% | 5% | 3% |
| Households in core housing need | 10% | 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.
Kitchener permitted 32.5 new homes a year per 1,000, above the 15 of Ontario’s towns
Kitchener issued permits for 17,524 new homes from 2018 to 2023, or about 2,921 a year. Only 13% went into single-unit buildings, beside 66% for Ontario’s towns. For monthly permits, the only official count covers all of the Kitchener-Cambridge-Waterloo metro area, Forest Hill included.
The busiest year: 2023, with 4,095 new homes
New homes a year per 1,000 homes
Down 10%: 4,795 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.
Forest Hill sits near the middle of Ontario’s towns ($695,000)
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 Forest Hill: Meinzinger Park-Lakeside, Laurentian Hills and Victoria Hills
Next to Forest Hill: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Forest Hill | $695K | $673K | 61% | |
| Meinzinger Park-Lakeside | $600K | $616K | 60% | 0.8 |
| Laurentian Hills | $600K | $572K | 56% | 1.5 |
| Victoria Hills | $500K | $506K | 39% | 1.7 |
| Forest Heights | $700K | $689K | 87% | 1.9 |
| Victoria Park | $650K | $726K | 24% | 2.2 |
| Southdale | $500K | $519K | 36% | 2.3 |
Census 2021 values; km.
Questions about property prices in Forest Hill
How many households in Forest Hill are in core housing need?
Statistics Canada puts 10% of Forest Hill’s households in core housing need, much as for Ontario’s towns (9%).
Is Forest Hill expensive for Ontario?
Forest Hill is close to the norm for Ontario’s towns, whose median home is worth $695,000.
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).