Photo: Community Archives · CC0Tweed sits 46% below Ontario’s towns on home values
The census median was $376,000 in 2021, against $695,000 for Ontario’s towns. Treat the values as owners’ May 2021 guesses: they are self-reported, and they come from before rates went up. Statistics Canada’s housing statistics carry no sale prices in Ontario; the census value stands in for Tweed.
Tweed’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. 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
- $418K
- Owners
- 2,070
- 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).
Tweed’s detached houses are assessed 33% below the median of Ontario’s towns
Detached houses account for 93% of the 2,955 properties on Tweed’s 2024 roll.
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.
89% of Tweed’s homes are detached houses, where Ontario’s towns have 60%
At the 2021 census, Tweed had 2,590 homes with someone living in them. The older half dates from before 1981.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Tweed | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 1% | 7% | 8% |
| Needing major repairs | 10% | 6% | 6% |
| Too small for the household | 2% | 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.
10 new homes a year per 1,000 in Tweed: fewer than Ontario’s towns (15)
Tweed issued permits for 151 new homes from 2018 to 2023, or about 25 a year. Houses dominate the permits, at 78% in single-unit buildings (Ontario’s towns: 66%).
Most in 2023: 46 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.
Tweed against Ontario’s towns: 46% under the $695,000 median
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.
Home values around Tweed
The places around Tweed at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Tweed | $376K | $418K | 83% | |
| Centre Hastings | $400K | $477K | 85% | 12 |
| Madoc | $400K | $442K | 87% | 14.1 |
Census 2021 values; km.
Questions about property prices in Tweed
Is Tweed expensive for Ontario?
No: Tweed’s census median is below the $695,000 of Ontario’s towns.
How many households in Tweed are in core housing need?
In Tweed, 5% of households are in core housing need, against 9% for Ontario’s towns: those whose home costs too much, is too small or needs major repairs, with nothing suitable nearby under 30% of their income.
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).