Hamilton Housing Market: Home Prices and Sales | September 2026

Hamilton’s resale market is reported by the Cornerstone Association of REALTORS, which also publishes statistics for Waterloo Region, Mississauga and Norfolk County. Its Hamilton-Burlington release covers a wide area, Hamilton, Burlington, Haldimand and the north of Niagara, and leads with the MLS® HPI benchmark rather than an average. For the two cities themselves, Cornerstone also posts the ITSO “Monthly Indicators” reports, which give medians, averages, sales and inventory for the City of Hamilton and the City of Burlington separately. These are the September 2026 figures, released in October 2026. The Canadian housing market overview explains how the benchmark is built.

Hamilton-Burlington prices, September 2026

The composite benchmark for Hamilton-Burlington-Haldimand-Niagara North was $718,600, -5.1% from a year before. Cornerstone’s CEO, Bill Duce, said Hamilton-Burlington sales were again low for a September, and that with the benchmark down only modestly from the month before and the year before, the market looked to be finding some stability rather than going through sharp corrections.

City of Hamilton prices by home type

ITSO Monthly Indicators for the City of Hamilton, September 2026; change from the same month a year earlier. The second group also includes condos and semi-detached homes.

The townhouse, condo and semi group’s median was 18% below the single-family median, a gap of $127,500 between the middle attached sale and the middle detached sale in the city.

Sales, listings and inventory

Dividing the city’s sales by its new listings gives a sales-to-new-listings ratio of 35.6%, and the month-end inventory would take 5.5 months to sell at that month’s pace. The ITSO report’s own months-supply figure, 4.8, divides the same inventory by average monthly sales over the past 12 months, which smooths out a single slow or busy month. Across Cornerstone’s wider Hamilton-Burlington area, sales changed -18.7% and new listings -22.0% over the year, leaving 4.6 months of supply, above CREA’s 3.6-month seller’s-market line (what the thresholds mean).

Hamilton beside Burlington

Burlington, the other large city in the release, sells at a different price level. Its median sale was $905,500 (−7.6% on the year), 41% above Hamilton’s. Its 146 sales against 388 new listings work out to a ratio of 37.6%, with a 12-month months supply of 3.6, so homes there were selling faster relative to supply than in Hamilton. On a like-for-like house, Burlington’s tax bill is the smaller one: in the 2025 BMA Municipal Study’s comparison (posted by the City of Barrie), a detached bungalow paid $5,247 in Burlington and $5,505 in Hamilton. Hamilton’s own rates by area are on the Hamilton property tax page.

Buying costs at the benchmark price

At the area’s composite benchmark, the minimum down payment is $46,860 (6.5% of the price), and mortgage default insurance at that down payment adds a premium of about $26,870 (4.00% of the loan) to the mortgage.

Hamilton and Burlington levy no municipal transfer tax, so a buyer at the benchmark pays only Ontario’s: $10,847. A qualifying first-time buyer gets up to $4,000 of it back, leaving $6,847 (Ontario calculator).

Income needed against Hamilton incomes

The benchmark home asks roughly $161,200 of household income at the smallest down payment and $141,400 at 20% (method). The 2021 Census put the median household income in the Hamilton census metropolitan area, which takes in Burlington and Grimsby, at $91,000 for 2020. The minimum-down figure is 1.8 times that median, so a household on the median income would need a larger down payment, a second income or a cheaper home than the benchmark. A townhouse or condo at the city’s median for that group needs about $128,800.

Related pages

• Toronto vs Hamilton for home buyers
• Niagara Region housing market
• Toronto housing market
• Ontario housing market
• Hamilton rental market
• Income percentiles in Hamilton