Ottawa vs Hamilton: Home Prices and Housing Market Compared

In September 2026, the average home in Hamilton sold for $714,420, 4% more than the $685,640 average in Ottawa. Over the past year, the average price fell 1% in Ottawa and 8% in Hamilton. A single-family home averaged $823,449 in Ottawa and $778,972 in Hamilton. Both are buyer's markets (sales at 34.5% and 36% of new listings). On a home at the average price, a buyer pays $10,188 in Ottawa and $10,763 in Hamilton.

Side by side

OttawaSeptember 2026HamiltonSeptember 2026
Price$685,640 average$714,420 average
Yearly change in price-1%-8%
Homes sold1,010 (-6.6% yearly)376 (-22.6% yearly)
Detached / single-family$823,449$778,972
Condo / apartment$431,645$549,996 townhouse + condo
Days on market27 days median46 days
Market conditionsBuyer's market (34.5% sales to new listings)Buyer's market (36% sales to new listings)
Months of inventory4.84.8
Land transfer tax at that price$10,188$10,763

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.

Ottawa vs Hamilton Housing Market: Quick Answers

Is Ottawa more expensive than Hamilton?

No. In September 2026, the average home in Hamilton sold for $714,420, 4% more than the $685,640 average in Ottawa.

Are home prices going up in Ottawa or Hamilton?

Over the past year, the average price fell 1% in Ottawa and 8% in Hamilton.

Is it easier to buy in Ottawa or Hamilton?

Neither has the edge. Both are buyer's markets (sales at 34.5% and 36% of new listings).

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The statistics on this page belong to the Ottawa Real Estate Board (OREB) and 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.