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Property prices in Thornbury · Census 2021 and Statistics Canada

Thornbury builds fast: 69.4 new homes a year per 1,000, against 15 for Ontario’s towns

Going by owners’ own estimates in 2021, the typical home is worth $950,000, the average one $1,202,000. No open sale prices are published in Ontario, so for Thornbury the census value is the measure. The 2024 property assessment puts the median residential property at $428,000. 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 home value
$950K
owners’ estimate, census 2021
average $1.2M
Median assessed value
$428K
2024, on MPAC’s 2016 base
New homes a year
285
permits, 2018–2023
69.4 per 1,000 homes
Owner households
3,710
census 2021
87% of households
What homes are worth

Thornbury’s homes, by two sources

Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. The census figure is the owner’s own reckoning of value in May 2021; actual sale prices may differ.

Census 2021$950K

median, owners’ estimate

Average
$1.2M
Owners
3,710
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$428K

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

On the assessment roll, Thornbury’s houses sit at 2.1 times Ontario’s towns

In 2024, Thornbury had 7,720 residential properties on the roll, detached houses 73% of them and condos 4%.

Assessed value

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

Detached houses$531K
Semi-detached$451K
Row houses$262K
Condos$264K
Multi-unit properties$420K
The mix of properties
Detached houses73%
Row houses16%
Semi-detached5%
Condos4%
Multi-unit properties2%
2,390 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
978 sq ft
living area of the median condo

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

Since 2001: 38% of the homes in Thornbury, where Ontario’s towns have 17%

Of the 4,350 homes people lived in across Thornbury at the 2021 census, 80% were single-detached houses.

When they were built

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

Before 196118%
1961–198021%
1981–200023%
2001–201522%
2016–202116%
What kind of home

Homes by kind

Single-detached houses80%
Semi-detached houses1%
Row houses11%
Flats in a duplex1%
Apartments, under 5 storeys7%
Apartments, 5+ storeys1%
Movable dwellings1%
Against the median town of the province and of Canada
ThornburyOntarioCanada
Condominiums19%7%8%
Needing major repairs5%6%6%
Too small for the household1%5%3%
Households in core housing need6%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

Permits in Thornbury peaked in 2020: 427 new homes

Some 285 homes a year: 1,710 in all were permitted in Thornbury from 2018 to 2023. 60% were single-unit buildings, beside 66% for Ontario’s towns.

Permits by year, 2018–2023
Single-unit buildingsTwo or more units
0100200300400500201820192020202120222023
The pace

New homes a year per 1,000 homes

Thornbury69.4
Ontario’s towns15
The typical Canadian town13.8
$169M
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

Thornbury is 37% above 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.

Median value, census 2021

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

Lower values near Thornbury: Collingwood, Meaford and Grey Highlands

The places around Thornbury at the 2021 census: median and average value, and how many own. The nearest places to Thornbury with figures are 17–27 km away.

CollingwoodMeafordGrey HighlandsCollingwoodMeafordGrey HighlandsThornbury
Prices next door
TownMedian home valueAverageOwnerskm
Thornbury$950K$1.2M87%
Collingwood$700K$778K73%17.4
Meaford$600K$688K81%19.9
Grey Highlands$600K$704K87%27.4

Census 2021 values; km.

Questions about property prices in Thornbury

How many households in Thornbury are in core housing need?

Fewer than most: 6% of households in Thornbury, where Ontario’s towns sit at 9%.

Is Thornbury expensive for Ontario?

Dearer than the middle: Ontario’s towns come to $695,000, Thornbury to more.

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).