Executive Summary

The Oakville, Ontario real estate market is currently classified as a seller's market. The median asking price is $1.6M, up 9.6% over the past 30 days.

There are currently 160 active listings. Inventory has increased 97.5% compared to last month.

Currently, listings spend an average of 34 days on market and the average price per square foot is $714.

Detached properties make up the largest share of the Oakville market at 60% of active listings with an average price of $3.1M. Condo listings follow at 40% (avg $1.6M).

Sales Activity & Absorption

Volume

160
Active
34
Avg DOM
79
New (30d)
22
New (7d)

Market Signals

0
Price Cuts (30d)
22
New (7d)
0
Price Cuts
22
New (7d)

79 new listings appeared in the past month.

Neighborhoods

AreaListingsAvg Price
1001 - BR Bronte18$2.0M
1015 - RO River Oaks16$1.0M
1002 - CO Central14$1.4M
1014 - QE Queen Elizabeth12$3.6M
1008 - GO Glenorchy12$1.2M
1006 - FD Ford11$6.9M
1013 - OO Old Oakville11$3.8M
1020 - WO West10$2.7M
1011 - MO Morrison10$5.2M
1007 - GA Glen Abbey8$1.4M
1010 - JM Joshua Meadows7$1.1M
1017 - SW Southwest6$3.1M
Avg 2 schools nearbyAvg 6 parks nearbyAvg 5 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 $1.6M, 20% down, 25yr amortization
$7,385/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 Oakville market currently has 160 active listings with a median price of $1.6M.

  • Prices rising (9.6% in 30 days)
  • Low price reduction rate (0% of listings)
  • Average price per square foot is $714

For Buyers

Competition is strong in Oakville. 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 22 new listings in the past week.

For Sellers

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

Search Oakville

Browse all 160 active listings.

View All Listings

Market data is calculated from active and recently sold MLS listings as of February 28, 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.