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C−Cost of living Grade
Property prices in Perth East · Census 2021 and Statistics Canada

Owners put the median home in Perth East at $600,000

Some 2,770 owner households gave their home’s value to the 2021 census. The census asks owners what their home would sell for, so the values are estimates from May 2021. No open sale prices are published in Ontario, so for Perth East the census value is the measure.

Median home value
$600K
owners’ estimate, census 2021
average $645K
Median assessed value
$271K
2024, on MPAC’s 2016 base
New homes a year
71
permits, 2018–2023
17.9 per 1,000 homes
Owner households
2,770
census 2021
82% of households
What homes are worth

Perth East’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. 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$600K

median, owners’ estimate

Average
$645K
Owners
2,770
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$271K

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 in Perth East carry assessments 11% over the middle of Ontario’s towns

Detached houses account for 92% of the 3,840 properties on Perth East’s 2024 roll.

Assessed value

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

Detached houses$281K
Semi-detached$254K
Multi-unit properties$267K
The mix of properties
Detached houses92%
Multi-unit properties6%
Semi-detached1%
2,090 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)

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

A town of houses: 88% of the homes in Perth East stand alone (Ontario’s towns: 60%)

Perth East had 4,110 occupied homes at the 2021 census. At least half predate 1981.

When they were built

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

Before 196143%
1961–198023%
1981–200020%
2001–201510%
2016–20215%
What kind of home

Homes by kind

Single-detached houses88%
Semi-detached houses3%
Row houses2%
Flats in a duplex1%
Apartments, under 5 storeys4%
Apartments, 5+ storeysunder 1%
Movable dwellings2%
Against the median town of the province and of Canada
Perth EastOntarioCanada
Condominiums2%7%8%
Needing major repairs4%6%6%
Too small for the household4%5%3%
Households in core housing need3%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

Permits in Perth East ran at 17.9 homes a year per 1,000, near the 15 of Ontario’s towns

Perth East issued permits for 428 new homes from 2018 to 2023, or about 71 a year. 71% were single-unit buildings, beside 66% for Ontario’s towns.

Permits by year, 2018–2023

The busiest year: 2023, with 157 new homes

Single-unit buildingsTwo or more units
050100150200201820192020202120222023
The pace

New homes a year per 1,000 homes

Perth East17.9
Ontario’s towns15
The typical Canadian town13.8
$21M
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

Perth East against Ontario’s towns: 14% under the $695,000 median

871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Lower values near Perth East: Stratford

The places around Perth East at the 2021 census: median and average value, and how many own.

StratfordWellesleyStratfordWellesleyPerth East
Prices next door
TownMedian home valueAverageOwnerskm
Perth East$600K$645K82%
Stratford$500K$547K66%15.5
Wellesley$800K$847K87%16.6

Census 2021 values; km.

Questions about property prices in Perth East

How many households in Perth East are in core housing need?

3% of Perth East’s households, under the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.

Is Perth East expensive for Ontario?

Below the norm for Ontario’s towns, whose median home is worth $695,000; Perth East’s is worth 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).