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Downtown Walkerton, ONPhoto: JFVoll · CC BY-SA 4.0
C−Cost of living Grade
Property prices in Walkerton · Census 2021 and Statistics Canada

Home values in Walkerton run 37% lower than the median of Ontario’s towns

That is a median of $436,000 at the 2021 census, set beside $695,000 for Ontario’s towns. Self-assessed in May 2021, these values predate the rate rises that followed. For Walkerton there is no published sale price, as for every town in Ontario.

Median home value
$436K
owners’ estimate, census 2021
average $480K
Median assessed value
$195K
2024, on MPAC’s 2016 base
New homes a year
72
permits, 2018–2023
20.8 per 1,000 homes
Owner households
2,855
census 2021
79% of households
What homes are worth

Walkerton’s homes, by two sources

Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. 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$436K

median, owners’ estimate

Average
$480K
Owners
2,855
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$195K

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

A detached house in Walkerton is assessed 19% lower than across Ontario’s towns

The 2024 assessment roll counts 3,885 homes in Walkerton: detached houses make 88% of them, condos 3%.

Assessed value

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

Detached houses$206K
Semi-detached$251K
Condos$152K
Multi-unit properties$180K
The mix of properties
Detached houses88%
Multi-unit properties5%
Condos3%
Semi-detached2%
1,870 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
1,070 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

40% of Walkerton’s homes predate 1961, against 22% for Ontario’s towns

The 2021 census counted 4,035 occupied homes in Walkerton; 77% of them are single-detached houses.

When they were built

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

Before 196140%
1961–198028%
1981–200017%
2001–201512%
2016–20214%
What kind of home

Homes by kind

Single-detached houses77%
Semi-detached houses3%
Row houses5%
Flats in a duplex2%
Apartments, under 5 storeys10%
Apartments, 5+ storeysunder 1%
Movable dwellings3%
Against the median town of the province and of Canada
WalkertonOntarioCanada
Condominiums7%7%8%
Needing major repairs7%6%6%
Too small for the household1%5%3%
Households in core housing need4%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 Walkerton ran at 20.8 homes a year per 1,000, where Ontario’s towns ran at 15

Over 2018–2023, 433 homes were permitted in Walkerton, close to 72 each year. The mix: 48% in single-unit buildings, beside 66% for Ontario’s towns.

Permits by year, 2018–2023

The busiest year: 2023, with 158 new homes

Single-unit buildingsTwo or more units
050100150200201820192020202120222023
The pace

New homes a year per 1,000 homes

Walkerton20.8
Ontario’s towns15
The typical Canadian town13.8
$30M
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

Walkerton against Ontario’s towns: 37% under the $695,000 median

The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.

Cheaper next to Walkerton: Hanover

Next to Walkerton: 2021 census values and the share of owners.

MildmayHanoverMildmayHanoverWalkerton
Prices next door
TownMedian home valueAverageOwnerskm
Walkerton$436K$480K79%
Mildmay$448K$513K81%9.1
Hanover$400K$449K64%9.6

Census 2021 values; km.

Questions about property prices in Walkerton

How many households in Walkerton are in core housing need?

In Walkerton, 4% 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.

Is Walkerton expensive for Ontario?

Less than most: Ontario’s towns have a median of $695,000, and Walkerton sits below 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).