Photo: P199 · CC BY-SA 4.0Owners in Powassan value their homes 53% below the median of Ontario’s towns
Owners put the median home at $324,000 at the 2021 census; for Ontario’s towns the median is $695,000. For Powassan there is no published sale price, as for every town in Ontario. Assessors valued the median residential property at $162,000 for 2024. 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.
What Powassan’s homes are worth, two ways
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since.
median, owners’ estimate
- Average
- $356K
- Owners
- 1,095
- 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, Powassan’s houses sit 25% below Ontario’s towns
The 2024 assessment roll counts 1,370 homes in Powassan, detached houses 94% of them.
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.
91% of Powassan’s homes are detached houses, where Ontario’s towns have 60%
Powassan had 1,330 occupied homes at the 2021 census. Half went up before 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Powassan | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 1% | 5% | 3% |
| Households in core housing need | 6% | 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.
Building ahead of Ontario’s towns: 25.6 new homes a year per 1,000 in Powassan, against 15
Powassan issued permits for 175 new homes from 2018 to 2023, or about 29 a year. 31% were single-unit buildings and the rest multi-unit ones, against 66% for Ontario’s towns.
Most in 2022: 69 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.
Powassan is 53% 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.
Home values around Powassan
The places around Powassan at the 2021 census: median and average value, and how many own.
Questions about property prices in Powassan
Is Powassan expensive for Ontario?
Below the norm for Ontario’s towns, whose median home is worth $695,000; Powassan’s is worth less.
How many households in Powassan are in core housing need?
Fewer than most: 6% of households in Powassan, where Ontario’s towns sit at 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).