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20150703 - 26 - Listowel, Ont. - Wallace Avenue North at Main StreetPhoto: Andre Carrotflower · CC BY-SA 4.0
C−Cost of living Grade
Property prices in Listowel · Census 2021 and Statistics Canada

For every 1,000 homes, Listowel permitted 32.5 new ones a year; Ontario’s towns permitted 15

Owners valued the median home at $500,000 at the 2021 census, and the average at $565,500. No open sale prices are published in Ontario, so for Listowel the census value is the measure. On the 2024 assessment, the middle residential property is valued at $243,000. 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 home value
$500K
owners’ estimate, census 2021
average $566K
Median assessed value
$243K
2024, on MPAC’s 2016 base
New homes a year
200
permits, 2018–2023
32.5 per 1,000 homes
Owner households
3,870
census 2021
71% of households
What homes are worth

Two ways to price a home in Listowel

Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. Self-assessed in May 2021, these values predate the rate rises that followed.

Census 2021$500K

median, owners’ estimate

Average
$566K
Owners
3,870
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$243K

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

Houses against condos in Listowel: 2.3 times the assessed value

The 2024 assessment roll counts 5,350 homes in Listowel: detached houses make 81% of them, condos 4%.

Assessed value

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

Detached houses$255K
Semi-detached$228K
Row houses$267K
Condos$109K
Multi-unit properties$316K
The mix of properties
Detached houses81%
Multi-unit properties6%
Row houses5%
Semi-detached4%
Condos4%
1,850 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
765 sq ft
living area of the median condo

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

An older stock than most: 32% of Listowel’s homes go back before 1961 (Ontario’s towns: 22%)

At the 2021 census, 70% of Listowel’s 5,955 occupied homes were single-detached houses.

When they were built

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

Before 196132%
1961–198020%
1981–200016%
2001–201517%
2016–202115%
What kind of home

Homes by kind

Single-detached houses70%
Semi-detached houses4%
Row houses5%
Flats in a duplex2%
Apartments, under 5 storeys16%
Apartments, 5+ storeysunder 1%
Movable dwellings2%
Against the median town of the province and of Canada
ListowelOntarioCanada
Condominiums5%7%8%
Needing major repairs4%6%6%
Too small for the household4%5%3%
Households in core housing need7%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

The peak came in 2019, when Listowel permitted 340 new homes

Over 2018–2023, 1,197 homes were permitted in Listowel, close to 200 each year. Single-unit buildings took 45%, the rest buildings of two or more, against 66% for Ontario’s towns.

Permits by year, 2018–2023
Single-unit buildingsTwo or more units
0100200300400201820192020202120222023
The pace

New homes a year per 1,000 homes

Listowel32.5
Ontario’s towns15
The typical Canadian town13.8
$51M
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

Listowel is cheaper than most of Ontario’s towns: 28% under their $695,000 median

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

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Listowel: Howick and Morris-Turnberry

Next to Listowel: 2021 census values and the share of owners. Listowel has few close neighbours with figures, so the list reaches 20–28 km out.

HowickPalmerstonDraytonPerth EastMorris-TurnberryHowickPalmerstonDraytonPerth EastMorris-TurnberryListowel
Prices next door
TownMedian home valueAverageOwnerskm
Listowel$500K$566K71%
Howick$452K$507K84%19.6
Palmerston$500K$533K76%22.1
Drayton$695K$723K86%23.7
Perth East$600K$645K82%23.9
Morris-Turnberry$448K$519K88%28

Census 2021 values; km.

Questions about property prices in Listowel

Is Listowel expensive for Ontario?

Less than most: Ontario’s towns have a median of $695,000, and Listowel sits below it.

How many households in Listowel are in core housing need?

7% of Listowel’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.

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).