Kitchener vs Waterloo: Home Prices and Housing Market Compared
In October 2026, the average home in Waterloo sold for $736,749, 8% more than the $680,464 average in Kitchener. Over the past year, the average price rose 0.4% in Kitchener and fell 4.3% in Waterloo. A single-family home averaged $783,068 in Kitchener and $879,679 in Waterloo; a condo, $306,059 and $512,147. On a home at the average price, a buyer pays $10,084 in Kitchener and $11,210 in Waterloo.
Side by side
| KitchenerOctober 2026 | WaterlooOctober 2026 | |
|---|---|---|
| Price | $680,464 average | $736,749 average |
| Yearly change in price | +0.4% | -4.3% |
| Homes sold | 213 (-13.8% yearly) | 116 (+4.5% yearly) |
| Detached / single-family | $783,068 | $879,679 |
| Condo / apartment | $306,059 | $512,147 |
| Land transfer tax at that price | $10,084 | $11,210 |
Latest month of each report. Prices are averages of all homes sold unless marked; conditions come from the sales-to-new-listings ratio (a buyer's market below 40%, a seller's above 60%), or for Greater Vancouver's region from sales to active listings (below 12% and above 20%). Land transfer tax is worked out on the price in the first row with the land transfer tax calculator, before any first-time buyer rebate.
Kitchener vs Waterloo Housing Market: Quick Answers
Is Kitchener more expensive than Waterloo?
No. In October 2026, the average home in Waterloo sold for $736,749, 8% more than the $680,464 average in Kitchener.
Are home prices going up in Kitchener or Waterloo?
Over the past year, the average price rose 0.4% in Kitchener and fell 4.3% in Waterloo.
Full reports and tools
- Kitchener housing market report
- Waterloo housing market report
- City vs City affordability comparison: what the same income buys in each city
- Land transfer tax calculator, with first-time buyer rebates
More comparisons
- Toronto vs Vancouver
- Toronto vs Calgary
- Vancouver vs Calgary
- Calgary vs Edmonton
- Toronto vs Montreal
- Montreal vs Quebec City
- Montreal vs Gatineau
- Quebec City vs Gatineau
- Toronto vs Ottawa
- Ottawa vs Montreal
- Ottawa vs Calgary
- Ottawa vs Vancouver
- Ottawa vs Edmonton
- Ottawa vs Winnipeg
- Ottawa vs Halifax
- Ottawa vs Kitchener-Waterloo
- Ottawa vs Hamilton
- Ottawa vs Gatineau
- Toronto vs London
- London vs Kitchener-Waterloo
- London vs Hamilton
- Ottawa vs London
- London vs Montreal
- London vs Calgary
- London vs Vancouver
- London vs Edmonton
- London vs Winnipeg
- London vs Halifax
- Mississauga vs Brampton
- Markham vs Richmond Hill
- Oakville vs Burlington
- North Vancouver vs West Vancouver
- Hamilton vs Burlington
The statistics on this page belong to the Cornerstone Association of REALTORS®. You may quote them with credit and a link: see using our data.
The information presented on HousingPortal.ca is intended for general illustrative purposes only. While the information is believed to be reliable, it cannot be guaranteed for accuracy, completeness, or currency. Neither HousingPortal.ca and its employees, nor any other party identified in this guide/report, assumes any liability for the information provided. The views and opinions expressed by the analysts at HousingPortal.ca are their own and should not be considered as investment advice. It is recommended that you seek the advice of a licensed real estate professional before making any decisions regarding real estate investments.