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Madoc 2014 (15015518224)Photo: mark.watmough from Toronto, Canada · CC BY 2.0
DCost of living Grade
Property prices in Madoc · Census 2021 and Statistics Canada

Homes in Madoc are worth 42% less than the median of Ontario’s towns

The 2021 census gives $400,000 as the median value; Ontario’s towns come to $695,000. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Madoc. The 2024 property assessment puts the median residential property at $149,000. Ontario’s assessments are still on MPAC’s values of 1 January 2016, far below today’s prices, so they compare only with other Ontario towns.

Median home value
$400K
owners’ estimate, census 2021
average $442K
Median assessed value
$149K
2024, on MPAC’s 2016 base
New homes a year
9
permits, 2018–2023
11.3 per 1,000 homes
Owner households
710
census 2021
87% of households
What homes are worth

Two ways to price a home in Madoc

Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since.

Census 2021$400K

median, owners’ estimate

Average
$442K
Owners
710
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$149K

all residential, MPAC 2016 base

Houses
$179K
Properties
1,355
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).

The homes

98% of Madoc’s homes are detached houses, where Ontario’s towns have 60%

Madoc had 870 occupied homes at the 2021 census. At least half predate 2001.

When they were built

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

Before 196130%
1961–198018%
1981–200031%
2001–201518%
2016–20213%
What kind of home

Homes by kind

Single-detached houses98%
Semi-detached houses1%
Row housesunder 1%
Flats in a duplex1%
Apartments, under 5 storeysunder 1%
Apartments, 5+ storeysunder 1%
Against the median town of the province and of Canada
MadocOntarioCanada
Condominiumsunder 1%7%8%
Needing major repairs6%6%6%
Too small for the household3%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

Madoc permitted 11.3 new homes a year per 1,000, below the 15 of Ontario’s towns

Building permits added 56 homes in Madoc between 2018 and 2023: some 9 a year. Most were houses: 100% went into single-unit buildings, against 66% for Ontario’s towns.

Permits by year, 2018–2023

A peak in 2022: 17 new homes

Single-unit buildingsTwo or more units
05101520201820192020202120222023
The pace

New homes a year per 1,000 homes

Madoc11.3
Ontario’s towns15
The typical Canadian town13.8
$3.53M
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

Madoc against Ontario’s towns: 42% under the $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 Madoc: Tweed

The places around Madoc at the 2021 census: median and average value, and how many own.

Centre HastingsTweedMarmoraCentre HastingsTweedMarmoraMadoc
Prices next door
TownMedian home valueAverageOwnerskm
Madoc$400K$442K87%
Centre Hastings$400K$477K85%6.9
Tweed$376K$418K83%14.1
Marmora$400K$466K82%18.6

Census 2021 values; km.

Questions about property prices in Madoc

Is Madoc expensive for Ontario?

Below the norm for Ontario’s towns, whose median home is worth $695,000; Madoc’s is worth less.

How many households in Madoc are in core housing need?

Below the norm for Ontario’s towns (9%): 7% in Madoc, counting the households whose home falls short on cost, size or repair.

What are houses and condos assessed at in Madoc?

The 2024 roll puts the median house at $179,000.

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).