Photo: (c) Andrew Murray, some rights reserved (CC BY) · CC BY 4.0Homes from 2001 on make up 83% of Talbot, where Ontario’s towns have 17%
Census values for 2021: a median of $800,000 and an average of $920,799. These home values were given by owners themselves, in a census taken in May 2021. No sales are published for towns in Ontario, Talbot included, so owners’ values are the measure.
What Talbot’s homes are worth, two ways
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
- $921K
- Owners
- 2,115
- 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). · Measured across the city of London: assessed values, values by property type and building permits
Houses against condos in London: 2.4 times the assessed value
The 2024 assessment roll counts 156,290 homes in London: detached houses make 58% of them, condos 22%.
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 Talbot, by period and type
Of the 2,855 homes people lived in across Talbot at the 2021 census, 77% were single-detached houses. 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
| Talbot | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 8% | 7% | 8% |
| Needing major repairs | 1% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 4% | 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: 16.7 new homes a year per 1,000 in London, against 15
Some 2,861 homes a year: 17,168 in all were permitted in London from 2018 to 2023. About 23% went into single-unit buildings, where Ontario’s towns built 66%.
A peak in 2021: 3,998 new homes
New homes a year per 1,000 homes
Rising: 5,327 new homes in the 12 months to August 2026, 16% more
The monthly permits numbers here cover the London 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.
Talbot is 15% above the $695,000 median of Ontario’s towns
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 Talbot: Westmount, Lambeth and Bostwick
Next to Talbot: 2021 census values and the share of owners.
Questions about property prices in Talbot
How many households in Talbot are in core housing need?
Below the norm for Ontario’s towns (9%): 4% in Talbot, counting the households whose home falls short on cost, size or repair.
Is Talbot expensive for Ontario?
On census values, Talbot ranks among the dearer of Ontario’s towns (median $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).