Photo: P199 · CC BY-SA 3.0Perth sits 42% below Ontario’s towns on home values
Owners valued the median home at $400,000 in 2021, where the median of Ontario’s towns was $695,000. The values date from May 2021 and are what owners thought their homes were worth, not sale prices. For Perth there is no published sale price, as for every town in Ontario.
What Perth’s homes are worth, two ways
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.
median, owners’ estimate
- Average
- $433K
- Owners
- 1,825
- 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).
Perth’s detached houses are assessed 10% below the median of Ontario’s towns
Detached houses account for 73% of the 2,365 properties on Perth’s 2024 roll; condos for 7%.
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.
More apartments than most: 34% of the homes in Perth (Ontario’s towns: 13%)
At the 2021 census, Perth had 3,270 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
| Perth | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 8% | 7% | 8% |
| Needing major repairs | 6% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 11% | 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.
16.9 new homes a year per 1,000 in Perth: in step with Ontario’s towns (15)
Building permits added 339 homes in Perth between 2018 and 2023: some 57 a year. Multi-unit buildings took most: single-unit ones were just 13%, where Ontario’s towns built 66%.
Most in 2021: 135 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.
Perth is cheaper than most of Ontario’s towns: 42% under their $695,000 median
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 Perth: Smiths Falls
The places around Perth at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Perth | $400K | $433K | 56% | |
| Drummond/North Elmsley | $460K | $531K | 93% | 7 |
| Tay Valley | $448K | $496K | 93% | 10.2 |
| Smiths Falls | $300K | $336K | 55% | 18.7 |
Census 2021 values; km.
Questions about property prices in Perth
Is Perth expensive for Ontario?
Less than most: Ontario’s towns have a median of $695,000, and Perth sits below it.
How many households in Perth are in core housing need?
In Perth, 11% of households are in core housing need, close to the 9% of Ontario’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
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).