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Ontario rankings

Ontario real estate rankings (November 2026)

Summitly ranks Ontario cities every month from TRREB MLS® sales and listings. In November 2026, Manitouwadge was the cheapest place to buy a house, Thunder Bay the fastest-selling market, King the most expensive and Elliot Lake the best for first-time buyers. Each list states its method and sample minimums.

Data refreshed · Source: TRREB MLS® data, compiled by Summitly.

The lists

Ontario rankings and their current leaders
RankingNo. 1 right nowCities ranked
Cheapest Places to Buy a House in OntarioManitouwadge268
Most Affordable Cities Near TorontoWelland24
Fastest-Selling Real Estate Markets in OntarioThunder Bay268
Most Expensive Places to Live in OntarioKing268
Best Ontario Cities for First-Time BuyersElliot Lake198
Cheapest places to rent in OntarioSee the rent ranking—

Source: TRREB MLS® data, compiled by Summitly. Sold figures: closed sales from November 2025 to November 2026; asking figures: listings active on November 9, 2026.

Ontario rankings FAQs

What is the cheapest city to buy a house in Ontario?
Manitouwadge: houses there sold for a median $124,250 in the 12 months to November 2026, the lowest of the 268 Ontario cities with at least 20 house sales.
What is the cheapest city to live in near Toronto?
Welland, with a median sold price of $532,500 in the 12 months to November 2026 across 789 sales.
Where do homes sell fastest in Ontario?
Thunder Bay, where the median home sold after 14 days on the market in the 12 months to November 2026.
What is the most expensive city in Ontario to buy a home?
King, where the median home sold for $1,761,250 in the 12 months to November 2026.
Which Ontario city is best for first-time home buyers?
By share of listings at an entry price, Elliot Lake: 86.8% of homes for sale in November 2026 were listed at or under $500,000 (66 listings).