Photo: P199 · CC BY-SA 3.0Owners put the median home in Otonabee-South Monaghan at $600,000
That figure comes from 2,295 owner households at the 2021 census. Keep in mind these are owners’ estimates from the 2021 census, not recorded sales. For Otonabee-South Monaghan there is no published sale price, as for every town in Ontario.
Otonabee-South Monaghan’s homes, by two sources
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
- $651K
- Owners
- 2,295
- 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).
Houses in Otonabee-South Monaghan carry assessments 13% over the middle of Ontario’s towns
Of Otonabee-South Monaghan’s 2,960 residential properties on the 2024 roll, 95% are detached houses.
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 town of houses: 89% of the homes in Otonabee-South Monaghan stand alone (Ontario’s towns: 60%)
Otonabee-South Monaghan had 2,735 occupied homes at the 2021 census. At least half predate 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Otonabee-South Monaghan | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 4% | 6% | 6% |
| Too small for the household | 2% | 5% | 3% |
| Households in core housing need | 8% | 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.
Permits in Otonabee-South Monaghan ran at 30.6 homes a year per 1,000, where Ontario’s towns ran at 15
From 2018 to 2023, permits in Otonabee-South Monaghan created 487 homes, about 81 a year. Houses dominate the permits, at 98% in single-unit buildings (Ontario’s towns: 66%). Behind monthly permits sits data gathered across the Peterborough metro area, with Otonabee-South Monaghan one part of it.
A peak in 2022: 172 new homes
New homes a year per 1,000 homes
Up 24%: 293 new homes in the year to August 2026
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.
Otonabee-South Monaghan is 14% below 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 Otonabee-South Monaghan: Peterborough
Next to Otonabee-South Monaghan: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Otonabee-South Monaghan | $600K | $651K | 90% | |
| Peterborough | $500K | $554K | 59% | 11.3 |
| Millbrook | $700K | $740K | 91% | 15.9 |
Census 2021 values; km.
Questions about property prices in Otonabee-South Monaghan
Is Otonabee-South Monaghan expensive for Ontario?
Below the norm for Ontario’s towns, whose median home is worth $695,000; Otonabee-South Monaghan’s is worth less.
How many households in Otonabee-South Monaghan are in core housing need?
Statistics Canada puts 8% of Otonabee-South Monaghan’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).