Executive Summary

The Hamilton, Ontario real estate market is currently classified as a seller's market. The median asking price is $675K, up 2.1% over the past 30 days.

There are currently 1,137 active listings. Inventory has increased 61.0% compared to last month.

Currently, listings spend an average of 44 days on market and the average price per square foot is $483.

Detached properties make up the largest share of the Hamilton market at 75% of active listings with an average price of $994K. Condo listings follow at 25% (avg $562K).

Sales Activity & Absorption

Volume

1,137
Active
44
Avg DOM
431
New (30d)
106
New (7d)

Market Signals

0
Price Cuts (30d)
106
New (7d)
0
Price Cuts
106
New (7d)

431 new listings appeared in the past month.

Neighborhoods

AreaListingsAvg Price
201 - Crown Point42$681K
140 - Beasley40$620K
122 - Durand North38$513K
200 - Gibson/Stipley36$663K
169 - St. Elizabeth Village/Kennedy31$715K
142 - Corktown26$887K
290 - Hamilton Beach22$1.2M
231 - Homeside20$438K
121 - Kirkendall20$742K
143 - Stinson18$936K
233 - McQuesten18$727K
530 - Rural Glanbrook18$1.0M
Avg 3 schools nearbyAvg 7 parks nearbyAvg 12 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 $675K, 20% down, 25yr amortization
$3,141/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

This is currently a seller's market with strong demand and limited inventory. The Hamilton market currently has 1,137 active listings with a median price of $675K.

  • Prices rising (2.1% in 30 days)
  • Low price reduction rate (0% of listings)
  • Average price per square foot is $483

For Buyers

Competition is strong in Hamilton. Get pre-approved, work with a local agent, and be prepared to move quickly on properties you like. Consider expanding your search criteria. There were 106 new listings in the past week.

For Sellers

Conditions favor sellers in Hamilton. Price confidently based on recent comparables, and consider professional staging to maximize offers. Multiple-offer scenarios are common.

Search Hamilton

Browse all 1,137 active listings.

View All Listings

Market data is calculated from active and recently sold MLS listings as of March 1, 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.