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Downtown Mount Forest, ONPhoto: Tabercil · CC BY 3.0
DCost of living Grade
Property prices in Mount Forest · Census 2021 and Statistics Canada

For every 1,000 homes, Mount Forest permitted 32.2 new ones a year; Ontario’s towns permitted 15

Going by owners’ own estimates in 2021, the typical home is worth $500,000, the average one $548,000. 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 Mount Forest.

Median home value
$500K
owners’ estimate, census 2021
average $548K
Median assessed value
$234K
2024, on MPAC’s 2016 base
New homes a year
137
permits, 2018–2023
32.2 per 1,000 homes
Owner households
3,245
census 2021
74% of households
What homes are worth

Two ways to price a home in Mount Forest

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.

Census 2021$500K

median, owners’ estimate

Average
$548K
Owners
3,245
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$234K

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 Mount Forest: 86% more on the roll

Detached houses account for 81% of the 4,240 properties on Mount Forest’s 2024 roll; condos for 3%.

Assessed value

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

Detached houses$253K
Semi-detached$207K
Row houses$231K
Condos$136K
Multi-unit properties$281K
The mix of properties
Detached houses81%
Multi-unit properties6%
Row houses5%
Semi-detached4%
Condos3%
1,730 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
1,060 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

Before 1961: 30% of the homes in Mount Forest, where Ontario’s towns have 22%

The 2021 census counted 4,790 occupied homes in Mount Forest; 75% of them are single-detached houses.

When they were built

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

Before 196130%
1961–198027%
1981–200025%
2001–201515%
2016–20214%
What kind of home

Homes by kind

Single-detached houses75%
Semi-detached houses3%
Row houses5%
Flats in a duplex1%
Apartments, under 5 storeys15%
Apartments, 5+ storeysunder 1%
Other attached1%
Against the median town of the province and of Canada
Mount ForestOntarioCanada
Condominiums5%7%8%
Needing major repairs6%6%6%
Too small for the household4%5%3%
Households in core housing need9%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 2022, when Mount Forest permitted 268 new homes

Mount Forest issued permits for 820 new homes from 2018 to 2023, or about 137 a year. About 36% went into single-unit buildings, where Ontario’s towns built 66%.

Permits by year, 2018–2023
Single-unit buildingsTwo or more units
0100200300201820192020202120222023
The pace

New homes a year per 1,000 homes

Mount Forest32.2
Ontario’s towns15
The typical Canadian town13.8
$47M
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

Mount Forest 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.

Home values around Mount Forest

The places around Mount Forest at the 2021 census: median and average value, and how many own. No closer places have figures: these lie 20–30 km from Mount Forest.

DraytonPalmerstonGrand ValleyDundalkFergusDraytonPalmerstonGrand ValleyDundalkFergusMount Forest
Prices next door
TownMedian home valueAverageOwnerskm
Mount Forest$500K$548K74%
Drayton$695K$723K86%19.6
Palmerston$500K$533K76%20.2
Grand Valley$700K$752K86%23.6
Dundalk$600K$637K84%27.6
Fergus$715K$783K81%29.6

Census 2021 values; km.

Questions about property prices in Mount Forest

Is Mount Forest expensive for Ontario?

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

How many households in Mount Forest are in core housing need?

About as many as elsewhere: 9% of households in Mount Forest, where Ontario’s towns sit at 9%.

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).