Mississauga Housing Market: Home Prices and Sales | September 2026

Mississauga is the largest municipality in Peel Region and has its own rows in the Toronto Regional Real Estate Board’s (TRREB) Market Watch tables. It also has a large condominium market, so its condos and its houses can tell quite different stories in the same month. The figures are for September 2026, released in October 2026, with September 2025 for comparison; the housing market overview covers how the measures are built.

Mississauga home prices, September 2026

Homes in Mississauga sold for an average of $929,600 and a median of $868,000 in September 2026. A year earlier the average was $969,501, so it changed −4.1%. The composite MLS® HPI benchmark, $867,500, moved -3.80% and sits 0.4% above Peel Region’s $864,300.

• Detached houses averaged $1,285,467 (−6.9%); the single-family detached benchmark was $1,245,400 (-4.65%).
• Semi-detached houses averaged $870,161 (−9.1%), against an attached benchmark of $870,700.
• Townhouses: freehold ones averaged $980,037 on only 13 sales, condo townhouses $717,408 (−4.4%); the townhouse benchmark was $677,500 (-7.04%).
• Condo apartments averaged $500,192 (−11.2%), with a median of $432,500 and an apartment benchmark of $488,300 (-7.62%).

TRREB Market Watch, September 2026; changes in the average are computed against the September 2025 edition, benchmark changes are TRREB’s.

Supply by home type

Condo townhouses and condo apartments together accounted for 39% of Mississauga’s 468 sales. Dividing each type’s listings at month end by its sales shows how long the stock on the market would last at the September 2026 pace:

Condo apartments had 6.8 months of inventory, beyond the 6.4 months CREA uses as the start of a buyer’s market, while detached houses had 4.7. Condo apartment sales were also 32% of new condo apartment listings, against 33% for detached houses. A single month is a small sample; TRREB’s 12-month figures for all home types were a sales-to-new-listings ratio of 36.5% (a year before, 32.9%) and 4.8 months of inventory (a year before, 4.8).

Year over year, Mississauga’s sales went from 500 to 468 and new listings from 1,711 to 1,371. Over January to September 2026 the average price was $952,527, −5.7% on the same stretch of the year before, on 4,127 sales.

Land transfer tax, down payment and property tax

Mississauga buyers pay Ontario’s land transfer tax (all provinces) and no municipal one. On the average condo apartment it is $6,479, which a first-time buyer’s refund of up to $4,000 cuts to $2,479; on the average detached house it is $22,184.

At the minimum, a condo apartment buyer would put down $25,019 (5%) and pay a $19,007 insurance premium; a detached buyer would put down $103,547 (8.1%) and pay $47,277. Condo fees come on top: CMHC’s debt-service rules count 50% of them as a housing cost when a borrower is qualified (GDS and TDS).

Mississauga’s 2026 residential property tax rate is 1.0879% of assessed value, set in the city’s 2026 tax rates by-law: 0.3961% city, 0.5388% Peel Region and 0.153% education, or $1,088 for every $100,000 of assessment. Assessments are frozen at January 1, 2016 values, not today’s prices (Mississauga property tax).

Income needed in Mississauga

Qualifying for the average condo apartment with the minimum down payment takes about $115,200 of household income; the average detached house takes $280,700 (method). The median household in the Toronto census metropolitan area, which includes Mississauga, had $97,000 of income in 2020 (2021 Census), so the condo figure is 1.2 times the median and the detached figure 2.9 times.

Related pages

• Brampton housing market, the other large Peel Region city
• Toronto housing market: GTA totals and the City of Toronto
• Mississauga property tax
• Ontario mortgage affordability calculator