Hamilton Real Estate Market Report
Executive Summary
The Hamilton, Ontario real estate market is currently classified as a balanced market. The median asking price is $690K, down 31.0% over the past 30 days.
There are currently 1,304 active listings. Inventory has increased 93.8% compared to last month.
Currently, listings spend an average of 44 days on market and the average price per square foot is $472.
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 $513K).
Sales Activity & Absorption
Volume
Market Signals
632 new listings appeared in the past month.
REALTORS Association of Hamilton-Burlington Monthly Report
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.
“With inventory levels up and a modest month-over-month increase in sales, the Hamilton-Burlington market area is showing signs of stability. With more inventory to choose from and longer days on market, buyers are benefiting from more time and options. The HPI has posted two consecutive monthly increases, and in February, it reached its strongest level over the past four months, suggesting we may be approaching a new equilibrium after last year’s price corrections.” - Bill Duce, Cornerstone CEO
Hamilton-Burlington-Haldimand-Niagara North Area Highlights:
Home sales increased 7.4% month-over-month.
The number of newly listed properties decreased 2.0% on a month-over-month basis.
The MLS® Home Price Index (HPI) increased 1.6% month-over-month and was down 7.9% on a year-over-year basis.
The supply of inventory across the market area increased 2.2% on a year-over-year basis, resulting in a 3.5-month supply of all property types by the end of February.
For more information on Cornerstone markets https://cornerstone.inc/housing-market-statistics/
Source: REALTORS Association of Hamilton-Burlington, Invalid Date
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| 201 - Crown Point | 48 | $657K |
| 122 - Durand North | 45 | $733K |
| 140 - Beasley | 37 | $591K |
| 233 - McQuesten | 29 | $644K |
| 200 - Gibson/Stipley | 28 | $684K |
| 240 - Bartonville/Glenview | 26 | $658K |
| 113 - Ainslie Wood | 23 | $577K |
| 142 - Corktown | 22 | $905K |
| 143 - Stinson | 22 | $890K |
| 290 - Hamilton Beach | 21 | $1.2M |
| 530 - Rural Glanbrook | 21 | $982K |
| 231 - Homeside | 20 | $452K |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
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 1,304 active listings with a median price of $690K.
- Prices declining (-31% in 30 days)
- Low price reduction rate (0% of listings)
- Average price per square foot is $472
Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS listings as of April 12, 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.