Norfolk County Real Estate Board
Market Data & Trends
Overview
Norfolk County Real Estate Board published a composite benchmark price of $567,900 in September 2026, down 3.4% year over year and up 0.4% on the month.
Across the 5 months on record — May 2026 to September 2026 — the benchmark rose 2.8%, from $552,500 to $567,900.
The low was $550,600 in July 2026.
Published benchmarks were $551,200 for detached homes in July 2026 and $467,000 for townhouses in July 2026.
The segments have not moved together: detached homes lost 0.3% and townhouses lost 3.7% over the window — a spread of 3.4 percentage points between detached homes and townhouses.
Months of supply stood at 9.5 in September 2026.
These are figures published by Norfolk County Real Estate Board. The comparisons above — the change over the window and the spread between property types — are arithmetic compiled by this publication from 5 monthly releases, May 2026 through September 2026.
Months of supply is active listings divided by that month's sales; where a release does not print it, this publication calculated it from the release's own counts.
Board Report
Key Takeaways
September 2026- The MLS® Home Price Index (HPI) was $567,900 in September 2026, a 0.4% increase month-over-month and a decline of 3.4% on a year-over-year basis.
Source: Norfolk County Real Estate Board
Norfolk County Real Estate Board Narrative
The statistics provided in this report are based on information from the ITSO MLS® System. Multiple MLS® Systems operate within Ontario, and while none can be guaranteed to include every property listed or sold within a given area, they effectively illustrate market trends.
“Home sales in Norfolk County were down more than 25% in September, while new listings rose 4.2% over the same period last year, the only increase among Cornerstone’s major market areas,” said Bill Duce, CEO of Cornerstone. “The MLS® Home Price Index was also strongest in Norfolk compared with any other market, both month-over-month and year-over-year. With 9.5 months of supply by the end of September and inventory up more than 21% year-over-year, Norfolk had the highest level of housing supply across our coverage area. Buyers therefore have a wider range of options to explore, so sellers need to be strategic with pricing and presentation. Whether you’re buying or selling, partnering with a local REALTOR® who understands your community is the best way to navigate today’s market with confidence.”
Norfolk Area Highlights:
There were 12 fewer sales in September than in the previous month.
The number of newly listed properties increased by 25.8% on a month-over-month basis.
The MLS® Home Price Index (HPI) was $567,900 in September 2026, a 0.4% increase month-over-month and a decline of 3.4% on a year-over-year basis.
The supply of inventory across the market increased by 21.1% on a year-over-year basis, and there was a 9.5-month supply of all property types by the end of September.
For more information https://cornerstone.inc/housing-market-statistics/
Market Balance
Months of supply is active listings divided by that month's sales; where a release does not print it, this publication calculated it from the release's own counts.
Source: Norfolk County Real Estate Board via CREA MLS
Period: September 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.