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Aerial view of Tweed, ON - September 1, 1999Photo: Community Archives · CC0
DCost of living Grade
Property prices in Tweed · Census 2021 and Statistics Canada

Tweed 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.

Median home value
$376K
owners’ estimate, census 2021
average $418K
Median assessed value
$129K
2024, on MPAC’s 2016 base
New homes a year
25
permits, 2018–2023
10 per 1,000 homes
Owner households
2,070
census 2021
83% of households
What homes are worth

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.

Census 2021$376K

median, owners’ estimate

Average
$418K
Owners
2,070
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$129K

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

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.

Assessed value

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

Detached houses$171K
Multi-unit properties$178K
The mix of properties
Detached houses93%
Multi-unit properties5%
1,490 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)

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

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.

When they were built

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

Before 196138%
1961–198023%
1981–200024%
2001–201512%
2016–20213%
What kind of home

Homes by kind

Single-detached houses89%
Semi-detached houses2%
Row houses1%
Flats in a duplex1%
Apartments, under 5 storeys7%
Apartments, 5+ storeysunder 1%
Other attached1%
Against the median town of the province and of Canada
TweedOntarioCanada
Condominiums1%7%8%
Needing major repairs10%6%6%
Too small for the household2%5%3%
Households in core housing need5%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

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%).

Permits by year, 2018–2023

Most in 2023: 46 new homes

Single-unit buildingsTwo or more units
01020304050201820192020202120222023
The pace

New homes a year per 1,000 homes

Tweed10
Ontario’s towns15
The typical Canadian town13.8
$7.9M
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

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.

Home values around Tweed

The places around Tweed at the 2021 census: median and average value, and how many own.

Centre HastingsMadocCentre HastingsMadocTweed
Prices next door
TownMedian home valueAverageOwnerskm
Tweed$376K$418K83%
Centre Hastings$400K$477K85%12
Madoc$400K$442K87%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).