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D−Cost of living Grade
Property prices in Welland · Census 2021 and Statistics Canada

Welland sits 28% below Ontario’s towns on home values

That is a median of $500,000 at the 2021 census, set beside $695,000 for Ontario’s towns. For Welland there is no published sale price, as for every town in Ontario. On the 2024 assessment, the middle residential property is valued at $202,000. 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 home value
$500K
owners’ estimate, census 2021
average $516K
Median assessed value
$202K
2024, on MPAC’s 2016 base
New homes a year
534
permits, 2018–2023
23.8 per 1,000 homes
Owner households
16,305
census 2021
69% of households
What homes are worth

Two ways to price a home in Welland

Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. The census asks owners what their home would sell for, so the values are estimates from May 2021.

Census 2021$500K

median, owners’ estimate

Average
$516K
Owners
16,305
Ontario’s towns
$695K
The typical Canadian town
$406K
Assessed, 2024$202K

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 Welland is assessed 93% above a condo

Detached houses account for 78% of the 20,165 properties on Welland’s 2024 roll; condos for 3%.

Assessed value

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

Detached houses$216K
Semi-detached$170K
Row houses$249K
Condos$112K
Multi-unit properties$171K
The mix of properties
Detached houses78%
Semi-detached7%
Row houses7%
Multi-unit properties5%
Condos3%
1,620 sq ft
living area of the median detached house (Ontario’s towns: 1,720 sq ft)
784 sq ft
living area of the median condo
75%
of properties lived in by their owner

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

An older stock than most: 36% of Welland’s homes go back before 1961 (Ontario’s towns: 22%)

Of the 23,655 homes people lived in across Welland at the 2021 census, 65% were single-detached houses.

When they were built

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

Before 196136%
1961–198029%
1981–200019%
2001–201511%
2016–20215%
What kind of home

Homes by kind

Single-detached houses65%
Semi-detached houses7%
Row houses5%
Flats in a duplex5%
Apartments, under 5 storeys13%
Apartments, 5+ storeys6%
Other attached1%
Against the median town of the province and of Canada
WellandOntarioCanada
Condominiums4%7%8%
Needing major repairs6%6%6%
Too small for the household4%5%3%
Households in core housing need12%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

Building ahead of Ontario’s towns: 23.8 new homes a year per 1,000 in Welland, against 15

Some 534 homes a year: 3,202 in all were permitted in Welland from 2018 to 2023. About 37% went into single-unit buildings, where Ontario’s towns built 66%. For monthly permits, the only official count covers all of the St. Catharines-Niagara metro area, Welland included.

Permits by year, 2018–2023

Most in 2022: 943 new homes

Single-unit buildingsTwo or more units
02004006008001,000201820192020202120222023
The pace

New homes a year per 1,000 homes

Welland23.8
Ontario’s towns15
The typical Canadian town13.8
$133M
of new residential construction a year, 2019–2023
The metro area

3,312 new homes in the 12 months to August 2026, up 17% on the year before

01,0002,0003,0004,0005,00020212022202320242025

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

Welland is cheaper than most of Ontario’s towns: 28% under their $695,000 median

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

Median value, census 2021

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

Cheaper next to Welland: Port Colborne

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

PelhamPort ColborneThoroldWainfleetNiagara FallsPelhamPort ColborneThoroldWainfleetNiagara FallsWelland
Prices next door
TownMedian home valueAverageOwnerskm
Welland$500K$516K69%
Pelham$750K$819K88%6.6
Port Colborne$448K$502K73%11.3
Thorold$552K$582K69%13.2
Wainfleet$650K$707K95%14.3
Niagara Falls$552K$596K70%16.7

Census 2021 values; km.

Questions about property prices in Welland

Is Welland expensive for Ontario?

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

How many households in Welland are in core housing need?

Above the norm for Ontario’s towns (9%): 12% in Welland, counting the households whose home falls short on cost, size or repair.

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).