Photo: Derek Hatfield from Peterborough, Canada · CC BY 2.0Home values in Norwood run 28% lower than the median of Ontario’s towns
Owners put the median home at $500,000 at the 2021 census; for Ontario’s towns the median is $695,000. For Norwood there is no published sale price, as for every town in Ontario. For 2024, the median assessed value of a residential property is $212,000. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
Two ways to price a home in Norwood
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch.
median, owners’ estimate
- Average
- $533K
- Owners
- 1,550
- 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).
Norwood’s detached houses are assessed 11% below the median of Ontario’s towns
The 2024 assessment roll counts 2,010 homes in Norwood, detached houses 95% 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.
Single-detached houses are 92% of Norwood’s homes, against 60% for Ontario’s towns
At the 2021 census, Norwood had 1,855 homes with someone living in them. Half went up before 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Norwood | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | 2% | 5% | 3% |
| Households in core housing need | 5% | 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: 26.7 new homes a year per 1,000 in Norwood, against 15
Over 2018–2023, 273 homes were permitted in Norwood, close to 46 each year. Most were houses: 86% went into single-unit buildings, against 66% for Ontario’s towns.
A peak in 2021: 127 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.
Norwood is 28% below 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 Norwood: Havelock and Campbellford
Next to Norwood: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Norwood | $500K | $533K | 87% | |
| Havelock | $428K | $508K | 89% | 11.3 |
| Campbellford | $460K | $520K | 83% | 14.1 |
| Douro-Dummer | $600K | $715K | 95% | 15.7 |
Census 2021 values; km.
Questions about property prices in Norwood
How many households in Norwood are in core housing need?
Fewer than most: 5% of households in Norwood, where Ontario’s towns sit at 9%.
Is Norwood expensive for Ontario?
Cheaper than the middle: Ontario’s towns come to $695,000, Norwood to less.
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).