Oakville is the most expensive of the six cities we cover, but the headline number hides a wide range. Detached houses averaged close to $1.8 million in August 2026, while half of the condo apartments sold for $515,000 or less. Where you look, and how far north of the lake, decides which Oakville you are buying into.
Oakville home prices in August 2026
The average Oakville home sold for $1,324,472 and the median was $1,200,000, across 203 sales.
| Home type | Sales | Average price | Median price |
|---|---|---|---|
| Detached | 103 | $1,787,896 | $1,604,000 |
| Freehold townhouse | 37 | $1,052,614 | $946,000 |
| Semi-detached | 9 | $960,389 | $957,000 |
| Condo townhouse | 17 | $602,353 | $587,500 |
| Condo apartment | 35 | $705,448 | $515,000 |
The condo apartment average is about $190,000 above the median. A few large, high-priced units pull the average up, so use the median when you set a condo budget.
Detached homes are slow right now
Half of Oakville’s sales were detached houses, and this is the part of the market where buyers have the most leverage. There were 511 detached homes for sale at the end of August against 103 sales. Those that sold took 41 days on average and went for 95 per cent of the asking price, the lowest ratio of any home type in town.
On a $1.8 million listing, 95 per cent is a $90,000 difference. Sellers of higher-priced homes are negotiating, and a conditional offer is a reasonable ask. Semis and townhouses are a different story: semis sold at full asking price in 26 days.
From the lake to north of Dundas
Oakville runs in bands from south to north, and prices generally fall as you move away from the lake.
South of the QEW
Old Oakville, the southeast streets around Morrison and Eastlake, and Bronte to the west. Large lots, mature trees, walkable downtown and harbour areas, and the town’s highest prices. Many older homes here are bought for the lot and rebuilt. Kerr Village and Bronte have most of the south end’s condo buildings.
Between the QEW and Upper Middle Road
College Park, Falgarwood, Iroquois Ridge and Clearview on the east side, and Glen Abbey on the west. Family subdivisions from the 1970s through the 1990s, with detached homes on generous lots. Glen Abbey and Iroquois Ridge are consistently in demand.
Upper Middle Road to Dundas Street
River Oaks, the Uptown Core, West Oak Trails, Westmount and Joshua Creek. Built from the late 1990s onward, with a mix of detached homes, townhouses and the condo buildings around Trafalgar and Dundas. The hospital is at Dundas and Third Line.
North of Dundas
The Preserve, Glenorchy and Upper Joshua Creek. This is the newest part of town and where nearly all current building is happening. Lots are narrower and homes are taller than in the older areas, and there are more townhouses.
Buying in Oakville on a smaller budget
Three routes keep the price near or under $1 million:
- Freehold townhouses: the median was $946,000, mostly in West Oak Trails, River Oaks and north of Dundas.
- Condo townhouses: around $600,000, often in older complexes in College Park, Glen Abbey and Bronte. Check the fee and the status certificate.
- Condo apartments: half sold for $515,000 or less, mainly in the Uptown Core, Kerr Village and the newer buildings along Dundas. They took 44 days to sell, so offers below asking are common.
New construction
New launches are concentrated north of Dundas. We track ClockWork 4, Trafalgar Highlands and Ivy Rouge, with prices and occupancy dates in the Oakville pre-construction list.
Getting to Toronto
Oakville has the best train service of the suburban cities we cover. The Lakeshore West GO line stops at Oakville and Bronte stations and runs all day, every day, with express trains from Oakville reaching Union Station in under 40 minutes. Homes north of Dundas are a 15 to 20 minute drive from either station, so factor in parking or a bus connection. Drivers use the QEW, Highway 403 and Highway 407.
Closing costs
Oakville has no municipal land transfer tax. On the average $1,324,472 home the Ontario tax is $22,964, or $18,964 for a first-time buyer after the provincial refund. Work out your own figure with the land transfer tax calculator.
To compare Oakville with Milton, Mississauga and the other GTA cities, see the GTA cities page.
Sources
- Toronto Regional Real Estate Board, Market Watch, August 2026 (Oakville figures).
- Metrolinx, Lakeshore West line schedules.
- Ontario Ministry of Finance, land transfer tax rates and first-time buyer refund.
Prices are averages for information only and are not an appraisal. HomeLife Landmark Realty Inc., Brokerage.