Photo: Karl Brooks Heisey died December 7, 1937 · CC BY-SA 4.0Homes in Red Lake are worth 67% less than the median of Ontario’s towns
In figures: $230,000 for the median home in 2021, $695,000 for the middle of Ontario’s towns. The values date from May 2021 and are what owners thought their homes were worth, not sale prices. No sales are published for towns in Ontario, Red Lake included, so owners’ values are the measure.
Two ways to price a home in Red Lake
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
- $262K
- Owners
- 1,280
- 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).
Red Lake’s detached houses are assessed 21% below the median of Ontario’s towns
Assessors listed 1,730 residential properties in Red Lake for 2024, 90% of them 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.
The homes of Red Lake, by period and type
Red Lake had 1,705 occupied homes at the 2021 census, 82% of them single-detached houses. The older half dates from before 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Red Lake | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 2% | 7% | 8% |
| Needing major repairs | 9% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 5% | 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.
Red Lake is 67% below the $695,000 median of Ontario’s towns
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 Red Lake: Machin and Dryden
Next to Red Lake: 2021 census values and the share of owners. Red Lake has few close neighbours with figures, so the list reaches 133–154 km out.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Red Lake | $230K | $262K | 75% | |
| Kenora, Unorganized | $300K | $354K | 87% | 133.3 |
| Kenora | $300K | $340K | 74% | 145.7 |
| Machin | $200K | $276K | 84% | 145.9 |
| Dryden | $200K | $226K | 73% | 154.4 |
Census 2021 values; km.
Questions about property prices in Red Lake
Is Red Lake expensive for Ontario?
Cheaper than the middle: Ontario’s towns come to $695,000, Red Lake to less.
How many households in Red Lake are in core housing need?
Fewer than most: 5% of households in Red Lake, where Ontario’s towns sit at 9%.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program. 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).