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Highest Home Value in Ontario

Top 100 cities ranked by highest home value

Highest Home Value — Ontario

1 King City $1,600,000
2 King $1,600,000
3 Vaughan $1,200,000
4 Oakville $1,200,000
5 Richmond Hill $1,200,000
6 Mono $1,200,000
7 Markham $1,100,000
8 Caledon $1,000,000
9 Aurora $1,000,000
10 Whitchurch-Stouffville $1,000,000
11 East Gwillimbury $1,000,000
12 Puslinch $1,000,000
13 Erin $980,000
14 Milton $950,000
15 Newmarket $950,000
16 The Blue Mountains $950,000
17 Toronto $900,000
18 Mississauga $900,000
19 Brampton $900,000
20 Burlington $900,000
21 Niagara-on-the-Lake $900,000
22 Uxbridge $900,000
23 Halton Hills $900,000
25 Guelph/Eramosa $900,000
26 Pickering $880,000
27 Adjala-Tosorontio $860,000
28 Whitby $850,000
29 Ajax $850,000
30 Springwater $850,000
31 North Dumfries $850,000
32 Wellesley $800,000
33 Oro-Medonte $800,000
34 Scugog $800,000
35 Grimsby $780,000
36 Wilmot $775,000
37 Woolwich $755,000
38 Waterloo $750,000
39 Clarington $750,000
40 Georgina $750,000
41 New Tecumseth $750,000
42 Innisfil $750,000
43 Pelham $750,000
44 Middlesex Centre $750,000
45 Orangeville $750,000
46 Muskoka Lakes $725,000
47 Centre Wellington $715,000
48 Collingwood $700,000
49 Guelph $700,000
50 Hamilton $700,000
51 Cavan Monaghan $700,000
52 Blandford-Blenheim $700,000
53 Alnwick/Haldimand $700,000
54 Trent Lakes $700,000
55 Essa $700,000
56 Brant $700,000
57 West Lincoln $700,000
58 Oshawa $695,000
59 Barrie $695,000
60 Mapleton $695,000
61 Tiny $695,000
62 Lincoln $695,000
63 Kitchener $680,000
64 Shelburne $670,000
65 Thames Centre $670,000
66 Cambridge $650,000
67 Wainfleet $650,000
68 Ramara $650,000
69 Clearview $650,000
70 Severn $650,000
71 Ottawa $624,000
72 Selwyn $624,000
74 Beckwith $600,000
75 Dysart et al $600,000
76 Zorra $600,000
77 Douro-Dummer $600,000
78 Southgate $600,000
79 Brock $600,000
80 Perth East $600,000
81 Haldimand County $600,000
82 Wasaga Beach $600,000
83 Meaford $600,000
84 East Zorra-Tavistock $600,000
85 Norwich $600,000
86 Georgian Bluffs $600,000
87 Cobourg $600,000
88 Grey Highlands $600,000
89 South-West Oxford $600,000
90 Port Hope $600,000
91 Bracebridge $600,000
92 Prince Edward $600,000
93 Central Elgin $600,000
94 Malahide $576,000
95 Lakeshore Village $576,000
96 Huntsville $576,000
97 Kawartha Lakes $572,000
98 Saugeen Shores $572,000
99 Lucan Biddulph $564,000
100 Brantford $552,000

The most expensive housing markets in Ontario reflect areas of high demand, limited supply, and strong local economies. King City leads with a median home value of $1,600,000. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in King City costs $1,600,000 — 4.6x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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