Photo: Municipal Affairs and Housing · CC BY 2.0Oakville sits 73% above Ontario’s towns on home values
The 2021 census gives $1,200,000 as the median value; Ontario’s towns come to $695,000. Those values come from owners at the 2021 census and predate the prices of the years since. Statistics Canada doesn’t publish sales in Ontario, so nothing here says what Oakville’s homes actually sold for.
Oakville’s homes, by two sources
Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. 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
- $1.39M
- Owners
- 57,025
- 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).
On the assessment roll, Oakville’s houses sit at 3.5 times Ontario’s towns
Detached houses account for 64% of the 71,045 properties on Oakville’s 2024 roll; condos for 12%.
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.
A younger stock than most: 38% of Oakville’s homes went up after 2000 (Ontario’s towns: 17%)
At the 2021 census, 59% of Oakville’s 73,560 occupied homes were single-detached houses.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Oakville | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 17% | 7% | 8% |
| Needing major repairs | 3% | 6% | 6% |
| Too small for the household | 4% | 5% | 3% |
| Households in core housing need | 10% | 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.
34.9 new homes a year per 1,000 in Oakville: more than Ontario’s towns (15)
Over 2018–2023, 13,917 homes were permitted in Oakville, close to 2,320 each year. About 22% went into single-unit buildings, where Ontario’s towns built 66%.
Most in 2021: 3,536 new homes
New homes a year per 1,000 homes
35,927 new homes in the 12 months to August 2026, down 13% on the year before
Area-wide: monthly permits, counted over the Toronto 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.
Oakville is 73% 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 Oakville: Erin Mills, Sheridan and South Common
The places around Oakville at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Oakville | $1.2M | $1.39M | 78% | |
| Erin Mills | $950K | $1.05M | 86% | 9.1 |
| Sheridan | $1.1M | $1.32M | 69% | 9.5 |
| South Common | $500K | $522K | 31% | 9.6 |
| Clarkson - Lorne Park | $980K | $1.33M | 80% | 10.2 |
| Churchill Meadows | $1M | $1.03M | 80% | 10.8 |
| Central Erin Mills | $950K | $1.09M | 73% | 11.6 |
Census 2021 values; km.
Questions about property prices in Oakville
Is Oakville expensive for Ontario?
More than most: Ontario’s towns have a median of $695,000, and Oakville sits above it.
How many households in Oakville are in core housing need?
Statistics Canada puts 10% of Oakville’s households in core housing need, much as for Ontario’s towns (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).