Guest, Sign inJoin
RCAF Picton Aerial View 1940sPhoto: unknown. Canada. Department of National Defence. · Public domain
DCost of living Grade
Property prices in Picton · Census 2021 and Statistics Canada

Owners put the median home in Picton at $600,000

It is the middle of what 8,975 owner households told the 2021 census. What homes sold for in Picton isn’t public: no sale figures are released in Ontario. The 2024 property assessment puts the median residential property at $250,000. Ontario’s assessments are still on MPAC’s values of 1 January 2016, far below today’s prices, so they compare only with other Ontario towns.

Median home value
$600K
owners’ estimate, census 2021
average $689K
Median assessed value
$250K
2024, on MPAC’s 2016 base
New homes a year
247
permits, 2018–2023
21.3 per 1,000 homes
Owner households
8,975
census 2021
82% of households
What homes are worth

Picton’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. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ.

Census 2021$600K

median, owners’ estimate

Average
$689K
Owners
8,975
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$250K

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

Picton’s homes by type: detached houses lead, at 89%

Assessors listed 12,650 residential properties in Picton for 2024, 89% of them detached houses.

Assessed value

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

Detached houses$271K
Semi-detached$209K
Row houses$281K
Multi-unit properties$345K
The mix of properties
Detached houses89%
Multi-unit properties6%
Row houses2%
Semi-detached1%
1,760 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: 86% of the homes in Picton stand alone (Ontario’s towns: 60%)

People lived in 11,335 homes in Picton at the 2021 census. Half or more were standing by 1980.

When they were built

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

Before 196135%
1961–198023%
1981–200021%
2001–201514%
2016–20218%
What kind of home

Homes by kind

Single-detached houses86%
Semi-detached houses2%
Row houses3%
Flats in a duplex1%
Apartments, under 5 storeys7%
Apartments, 5+ storeysunder 1%
Movable dwellings1%
Against the median town of the province and of Canada
PictonOntarioCanada
Condominiums2%7%8%
Needing major repairs7%6%6%
Too small for the household2%5%3%
Households in core housing need7%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

21.3 new homes a year per 1,000 in Picton: more than Ontario’s towns (15)

Building permits added 1,481 homes in Picton between 2018 and 2023: some 247 a year. Single-unit buildings took 67% of them, where Ontario’s towns built 66%.

Permits by year, 2018–2023

The busiest year: 2023, with 292 new homes

Single-unit buildingsTwo or more units
0100200300201820192020202120222023
The pace

New homes a year per 1,000 homes

Picton21.3
Ontario’s towns15
The typical Canadian town13.8
$95M
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

Picton 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.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Cheaper next to Picton: Belleville, Deseronto and Quinte West

The places around Picton at the 2021 census: median and average value, and how many own. Picton has few close neighbours with figures, so the list reaches 20–29 km out.

BellevilleDeserontoQuinte WestTyendinagaBellevilleDeserontoQuinte WestTyendinagaPicton
Prices next door
TownMedian home valueAverageOwnerskm
Picton$600K$689K82%
Belleville$424K$460K63%19.5
Deseronto$300K$324K70%25
Quinte West$440K$479K75%27
Tyendinaga$400K$468K92%29.2

Census 2021 values; km.

Questions about property prices in Picton

How many households in Picton are in core housing need?

In line with Ontario’s towns (9%): 7% in Picton, counting the households whose home falls short on cost, size or repair.

Is Picton expensive for Ontario?

Cheaper than the middle: Ontario’s towns come to $695,000, Picton 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).