Photo: Bbadgett · CC BY-SA 3.0In Muskoka Lakes, the average home is worth 50% more than the median one
Census values for 2021: a median of $725,000 and an average of $1,087,000. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Muskoka Lakes.
Two ways to price a home in Muskoka Lakes
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
median, owners’ estimate
- Average
- $1.09M
- Owners
- 3,195
- 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).
A detached house in Muskoka Lakes is assessed 81% higher than across Ontario’s towns
The 2024 assessment roll counts 10,025 homes in Muskoka Lakes, detached houses 77% of them.
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.
97% of Muskoka Lakes’s homes are detached houses, where Ontario’s towns have 60%
At the 2021 census, Muskoka Lakes had 3,530 homes with someone living in them. The older half dates from before 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Muskoka Lakes | Ontario | Canada | |
|---|---|---|---|
| Condominiums | under 1% | 7% | 8% |
| Needing major repairs | 10% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 9% | 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 ahead of Ontario’s towns: 35.8 new homes a year per 1,000 in Muskoka Lakes, against 15
Building permits added 729 homes in Muskoka Lakes between 2018 and 2023: some 122 a year. 94% were single-unit buildings, beside 66% for Ontario’s towns.
The busiest year: 2022, with 161 new homes
New homes a year per 1,000 homes
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.
Muskoka Lakes sits close to the $695,000 median of Ontario’s towns
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 Muskoka Lakes: Bracebridge and Gravenhurst
The places around Muskoka Lakes at the 2021 census: median and average value, and how many own. The nearest places to Muskoka Lakes with figures are 21–25 km away.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Muskoka Lakes | $725K | $1.09M | 91% | |
| Bracebridge | $600K | $626K | 80% | 21.1 |
| Georgian Bay | $695K | $825K | 89% | 21.8 |
| Gravenhurst | $524K | $644K | 79% | 25.2 |
Census 2021 values; km.
Questions about property prices in Muskoka Lakes
Is Muskoka Lakes expensive for Ontario?
In the middle: Ontario’s towns come to $695,000, and so, near enough, does Muskoka Lakes.
How many households in Muskoka Lakes are in core housing need?
In line with Ontario’s towns (9%): 9% in Muskoka Lakes, counting the households whose home falls short on cost, size or repair.
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).