Photo: norgo · CC BY-SA 3.0Homes in Severn are worth a median $650,000
That figure comes from 5,145 owner households at the 2021 census. A census value is an owner’s guess at a selling price in May 2021, and prices have moved since. For Severn there is no published sale price, as for every town in Ontario.
Two ways to price a home in Severn
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. 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, owners’ estimate
- Average
- $738K
- Owners
- 5,145
- 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).
A detached house in Severn is assessed 34% higher than across Ontario’s towns
Of Severn’s 6,985 residential properties on the 2024 roll, 94% are 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.
A town of houses: 90% of the homes in Severn stand alone (Ontario’s towns: 60%)
At the 2021 census, Severn had 5,805 homes with someone living in them. Half went up before 2001.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Severn | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 2% | 7% | 8% |
| Needing major repairs | 5% | 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.
15.6 new homes a year per 1,000 in Severn: in step with Ontario’s towns (15)
Some 90 homes a year: 539 in all were permitted in Severn from 2018 to 2023. Most were houses: 90% went into single-unit buildings, against 66% for Ontario’s towns.
A peak in 2023: 173 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.
Severn against Ontario’s towns: about level with the $695,000 median
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.
Cheaper next to Severn: Orillia
Next to Severn: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Severn | $650K | $738K | 90% | |
| Orillia | $552K | $582K | 61% | 7.1 |
| Chippewas of Rama First Nation | – | – | 53% | 8.7 |
| Oro-Medonte | $800K | $904K | 94% | 16.7 |
| Ramara | $650K | $748K | 91% | 17.9 |
Census 2021 values; km.
Questions about property prices in Severn
How many households in Severn are in core housing need?
Fewer than most: 5% of households in Severn, where Ontario’s towns sit at 9%.
Is Severn expensive for Ontario?
Neither more nor less: Ontario’s towns have a median of $695,000, and Severn is near it.
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).