Published 29 September 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
In August 2026 TRREB recorded 103 detached sales in Oakville at a median of $1,604,000 and an average of $1,787,896, with houses selling at 95 percent of list price after 41 days on average. Freehold townhouses had a median of $946,000 across 37 sales, and semi-detached houses $957,000 across only 9 sales. TRREB’s benchmark for a typical Oakville detached house was $1,586,700, down 3.32 percent from August 2025. With 511 detached houses for sale, Oakville had about 5.0 months of supply at August’s pace (my arithmetic), more than Halton’s 4.2, so buyers have choice and pricing matters. A typical house should be priced from the median and from recent sales on comparable lots, not from the average, which a handful of large lakeside homes pull up.
Oakville house prices by home type, August 2026
| Home type, August 2026 | Sales | Median | Average | Sale to list | Avg. days on market | New listings | Active listings | Months of inventory (calc.) | Sales to new listings (calc.) |
|---|---|---|---|---|---|---|---|---|---|
| Detached | 103 | $1,604,000 | $1,787,896 | 95% | 41 | 216 | 511 | 5.0 | 48% |
| Semi-detached | 9 | $957,000 | $960,389 | 100% | 26 | 19 | 23 | 2.6 | 47% |
| Freehold townhouse | 37 | $946,000 | $1,052,614 | 97% | 29 | 74 | 147 | 4.0 | 50% |
Source: TRREB Market Watch, August 2026. The two calculated columns are my arithmetic: active listings divided by sales, and sales divided by new listings. This is one month of data. The 9 semi-detached sales are a very small sample, so treat that median as a rough marker, not a price; the detached and townhouse rows are more reliable.
The detached median is the number most Oakville owners want. Half of the 103 detached houses sold for less than $1,604,000 and half for more. The average is $183,896 higher (my arithmetic) because Oakville has a real luxury market: a few large lakeside and estate homes in one month lift the average without changing what a typical house sells for.
How Oakville compares with Halton, its neighbours and Toronto
| August 2026 | Oakville | Halton Region | Burlington | Milton | Mississauga | City of Toronto | All TRREB |
|---|---|---|---|---|---|---|---|
| Detached sales | 103 | 292 | 89 | 59 | 164 | 550 | 2,399 |
| Detached median | $1,604,000 | $1,300,000 | $1,250,000 | $1,130,000 | $1,189,000 | $1,170,000 | $1,100,000 |
| Detached average | $1,787,896 | $1,457,343 | $1,421,482 | $1,238,259 | $1,275,221 | $1,525,749 | $1,288,669 |
| Detached sale to list | 95% | 96% | 97% | 98% | 97% | 97% | 97% |
| Detached days on market | 41 | 34 | 33 | 30 | 33 | 30 | 33 |
| Detached months of inventory (calc.) | 5.0 | 4.2 | 3.0 | 4.2 | 5.2 | 4.4 | 4.7 |
| Semi-detached median | $957,000 | $926,000 | $898,500 | $925,000 | $881,000 | $981,000 | $866,000 |
| Freehold townhouse median | $946,000 | $850,500 | $870,000 | $810,000 | $855,000 | $962,000 | $840,000 |
Source: TRREB Market Watch, August 2026; months of inventory is my arithmetic. Oakville had the highest detached median in Halton, $304,000 above the regional figure and $434,000 above the City of Toronto median (my arithmetic). It was also the slowest detached market in Halton that month: 41 days on market against 30 in Milton and 33 in Burlington, and 95 percent of list price against 98 percent in Milton.
Are house prices going down in Oakville? The benchmark
| MLS HPI benchmark, August 2026 | Oakville | Change vs Aug 2025 | Halton Region | Change | All TRREB | Change |
|---|---|---|---|---|---|---|
| Composite (all types) | $1,135,400 | −3.13% | $960,100 | −2.95% | $925,900 | −4.46% |
| Single-family detached | $1,586,700 | −3.32% | $1,315,800 | −3.41% | $1,209,600 | −4.50% |
| Single-family attached | $975,400 | −6.79% | $871,900 | −4.91% | $919,000 | −4.40% |
| Townhouse | $680,100 | −5.90% | $640,900 | −5.53% | $666,500 | −6.18% |
The HPI benchmark is TRREB’s model price for a “typical” home of each type in the area, not a sale price and not the median. Because it describes a typical home rather than whatever happened to sell that month, it is the fairer way to answer “are prices going down”.
Yes, modestly. The typical Oakville detached house was benchmarked 3.32 percent lower than a year earlier. By my arithmetic that puts the August 2025 benchmark at about $1,641,000, so roughly $54,000 has come off a typical detached house in twelve months. That is smaller than the 4.50 percent TRREB-wide fall. The attached benchmark fell further, 6.79 percent. The benchmark ($1,586,700) and the actual detached median ($1,604,000) were only $17,300 apart, which tells you the August median was a fair read of a typical house rather than a fluke of mix. For the wider outlook, see will house prices drop in 2027.
How TRREB reports Oakville, and why your pocket matters
TRREB splits Toronto into lettered district codes, but it publishes no districts for Oakville: the Market Watch shows one town total. That total blends very different markets:
- South of the QEW: Old Oakville, Morrison, Eastlake, Bronte and Kerr Village. Larger and deeper lots, older houses, many rebuilt, and proximity to the lake and Lakeshore Road. This is where most of the high-end sales that lift the average happen.
- Glen Abbey, River Oaks, West Oak Trails, Iroquois Ridge, Joshua Creek and Clearview. Established subdivisions, mostly from the 1970s to the early 2000s, where detached houses compete on condition, lot and school catchment.
- North Oakville, above Dundas Street. Newer subdivisions with more freehold townhouses and newer detached homes on narrower lots, often competing with builder inventory.
The town median is a starting line, not your price.
What the numbers mean for your list price
Oakville detached houses were in a balanced-to-buyer-leaning market in August. There were 511 active detached listings against 103 sales, about 5.0 months of supply (my arithmetic), against 4.2 months across Halton and 3.0 in Burlington. About 48 percent of new detached listings found a buyer (103 sales against 216 new listings, my arithmetic), close to Halton’s 48 percent.
The 95 percent sale-to-list ratio counts only houses that sold, against their final list price, which is often a reduced one. Read it this way: buyers are negotiating, and overpriced houses sit. The 41-day average is a fair planning figure for a correctly priced detached house, not a promise. For more on timing, see how long it takes to sell a house in 2026.
What moves your Oakville house above or below the median
- Lot frontage and depth. In south Oakville the lot is often worth more than the house; a wide, deep lot that can take a rebuild draws builders and end users. See how lot size and frontage drive value.
- Home type. The gap between the detached median ($1,604,000) and the semi and freehold townhouse medians (about $950,000) is the biggest single driver in the table.
- Street and sub-area. South of the QEW versus north of Dundas; a quiet crescent versus a collector road; walking distance to the lake or downtown.
- Schools. Many Oakville buyers shop by school catchment first. Know which schools your address feeds and say so in the listing.
- Transit and highways. Walking or short-drive access to Oakville GO or Bronte GO on the Lakeshore West line, and quick access to the QEW, Highway 403 and Highway 407.
- Basement. Finished, with good ceiling height, a separate entrance or a legal second unit, widens your buyer pool.
- Garage and parking. A double garage and a driveway that fits two or more cars are expected at this price level.
- Renovation level. An updated kitchen and bathrooms matter more here, where buyers compare against new builds in North Oakville.
- Age and big-ticket systems. Roof, windows, furnace and air conditioning, electrical panel and plumbing. Have dates and receipts ready.
The land transfer tax point
Oakville has no municipal land transfer tax. Toronto does. At Oakville’s $1,604,000 detached median, a buyer pays $28,555 in Ontario land transfer tax. The same purchase in Toronto would add a matching $28,555 municipal tax, $57,110 in total (my arithmetic from the published brackets, before first-time buyer refunds of up to $4,000 in Ontario and up to $4,475 in Toronto). Mississauga, Burlington and Milton have no municipal tax either.
Test other prices in the land transfer tax calculator.
How to get an accurate number for your Oakville house
Two tools help here: the AI home value estimator below gives you a range for your house in about a minute, and the net proceeds calculator turns any price into what actually lands in your account.
Then get a broker price opinion, or a comparative market analysis, built from the last few months of sales of houses like yours: same home type, similar lot, same part of town, adjusted for size, condition, basement, garage and updates, and checked against what is for sale now. Your MPAC assessment is not a guide; 2026 property taxes are still based on 1 January 2016 values. The Oakville home values page tracks the town between reports, and what did my neighbour sell for explains how to read nearby sales.
If you are comparing towns, see what houses are worth in Burlington, in Milton and in Mississauga, and what Oakville condos are worth if you are downsizing. When you have your estimator range, book a call or phone 833-330-1925 and I will build the comparables with you.
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Frequently asked questions
How much is a detached house worth in Oakville in 2026?
In August 2026 Oakville detached houses sold at a median of $1,604,000 and an average of $1,787,896 across 103 sales, according to TRREB. TRREB’s benchmark for a typical detached house was $1,586,700. Your own house can sit well above or below those figures depending on lot, location south or north of the QEW, size and condition, so price it from recent comparable sales.
Are house prices going down in Oakville?
Modestly, year over year. TRREB’s benchmark for a typical Oakville detached house was $1,586,700 in August 2026, down 3.32 percent from August 2025, which is roughly $54,000 by my arithmetic. The all-types benchmark fell 3.13 percent. Both drops were smaller than the TRREB-wide declines of 4.50 and 4.46 percent.
Is now a good time to sell my house in Oakville?
It depends on where you are going next. In August 2026 Oakville had about 5.0 months of detached supply and houses sold at 95 percent of list price after 41 days on average, so buyers have choice. Houses priced from recent comparables still sell; overpriced ones wait. If you are also buying, selling and buying in the same market softens the effect.
How long does it take to sell a house in Oakville?
Detached houses that sold in Oakville in August 2026 took 41 days on average, freehold townhouses 29 days and semi-detached houses 26 days, according to TRREB. Those are averages for houses that actually sold. A house priced above its comparables can take much longer and usually ends with a price reduction.
What is the average price of a townhouse in Oakville?
Freehold townhouses in Oakville averaged $1,052,614 in August 2026, with a median of $946,000 across 37 sales, according to TRREB. The median is the better guide for a typical unit. Condominium townhouses are reported separately and are not in these figures, so check which kind yours is before comparing.
Does Oakville have a municipal land transfer tax?
No. Oakville buyers pay only the Ontario land transfer tax: $28,555 at the August 2026 detached median of $1,604,000, by my arithmetic from the published brackets. The same purchase in Toronto would cost $57,110 because the City adds its own matching tax. First-time buyers may qualify for a provincial refund of up to $4,000.
Sources
- TRREB — Market Watch, August 2026 — detached, semi-detached and freehold townhouse tables, and the MLS HPI benchmark
- Government of Ontario — Calculating land transfer tax — provincial brackets
- Government of Ontario — Land transfer tax refunds for first-time homebuyers — up to $4,000
- City of Toronto — Municipal Land Transfer Tax rates and fees — Toronto only
- MPAC — Assessment cycle — 2026 taxes still based on 1 January 2016 values
Related reading
- How much is my house worth in Burlington?
- How much is my house worth in Milton?
- How much is my house worth in Mississauga?
- How much is my condo worth in Oakville?
- Oakville home values
- Choosing a realtor in Oakville
- What is my home worth in Toronto and the GTA?
- What is a comparative market analysis?
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume. Every figure here comes from a published table, regulator or statute linked in the sources, so you can check all of it without asking me.
Reach me at connect@jatindua.com or 833-330-1925, or book a call.