Hamilton Real Estate Market Report

The Hamilton, Ontario real estate market is currently classified as a balanced market. The MLS composite benchmark price is $737K, down 5.4% year-over-year.

There are currently 1,473 active listings. Inventory has decreased 28.5% compared to last month.

Currently, listings spend an average of 58 days on market and the average price per square foot is $441.

Board Data vs Our Listings

MetricHamilton-Burlington (MLS® HPI)Our Listings
Benchmark / Median Price$737K$699K
Active Listings1,4731,473
Detached Benchmark$833K$1.0M
Townhouse Benchmark$621K$515K
Apartment Benchmark$453K$515K

Detached properties make up the largest share of the Hamilton market at 77% of active listings with an average price of $1.0M. Condo listings follow at 23% (avg $515K).

Sales Activity & Absorption

Volume

531
New (30d)
131
New (7d)
58
Avg DOM
531
New (30d)

Market Signals

0
Price Cuts (30d)
131
New (7d)
0
Price Cuts
131
New (7d)

531 new listings appeared in the past month.

Neighborhoods

AreaListingsAvg Price
201 - Crown Point50$594K
122 - Durand North43$724K
140 - Beasley41$794K
142 - Corktown32$698K
143 - Stinson32$763K
530 - Rural Glanbrook31$985K
200 - Gibson/Stipley31$533K
240 - Bartonville/Glenview26$812K
220 - St. Clair/Blakeley25$720K
169 - St. Elizabeth Village/Kennedy25$695K
231 - Homeside23$536K
121 - Kirkendall22$898K
Avg 3 schools nearbyAvg 8 parks nearbyAvg 9 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $699K, 20% down, 25yr amortization
$3,253/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

The market is relatively balanced between buyers and sellers. The Hamilton market currently has 1,473 active listings with a median price of $699K.

According to Hamilton-Burlington (MLS® HPI), the composite benchmark price is $737K (-5.4% year-over-year).

  • Prices declining (-28.6% in 30 days)
  • Low price reduction rate (0% of listings)
  • Slow-moving market (58 avg days on market)
  • Average price per square foot is $441

For Buyers

The Hamilton market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings. There were 131 new listings in the past week.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes.

Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily, with board statistics from Hamilton-Burlington (MLS® HPI). Prepared by Julia Vignanello with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of July 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.

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