Hamilton Real Estate Market September 2026

Hamilton recorded 376 residential sales in September 2026, with an average sale price of $714,420.

Sales were down 22.8% from September 2025 and the average price was down 8.0%. Homes took an average of 46 days to sell, while months of supply sat at 4.8.

The useful part is not any one number. It is how sales, supply, pricing and property type fit together.

Hamilton at a glance

Home sales 376 Down 22.8% year over year

Average sale price $714,420 Down 8.0% year over year

HPI benchmark $664,500 Down 0.9% monthly, 6.0% yearly

New listings 1,061 Down 24.9% year over year

Months of supply 4.8 Overall Hamilton market

Average days on market 46 Up 15.0% year over year

These are Hamilton figures. They should not be confused with the broader Cornerstone totals that also include Burlington, Haldimand County, Niagara North and other association markets.

Fewer buyers and fewer new listings

September did not bring a large rebound in Hamilton sales. The city recorded 376 transactions, down 22.8% from the same month last year.

New listings were also lower year over year, at 1,061. Active inventory ended the month at 2,064 homes, which was 14.5% below a year earlier.

That combination matters. Sales were soft, but Hamilton was not dealing with an uncontrolled build-up of inventory. Months of supply sat at 4.8, leaving the overall market closer to balanced conditions than an extreme buyer's or seller's market.

The average price and HPI both moved lower

Hamilton's average sale price was $714,420 in September, down 8.0% from September 2025.

The Hamilton MLS® Home Price Index benchmark was $664,500, down 0.9% from August and 6.0% from a year earlier.

Average sale price

The arithmetic average of the properties that sold during the month. It can move when the mix of expensive and less-expensive homes changes.

MLS® HPI benchmark

A benchmark designed to track the price movement of a typical home with defined characteristics. It is not the same calculation as the average.

Property type changed the picture

The September ITSO data shows a meaningful difference between single-family homes and the townhouse/condo group.

Single-family homes

$778,972 average

270 sales, down 20.6% year over year. Average price was down 9.2%.

Supply sat at 4.5 months and sold homes took an average of 44 days.

Townhouse / condo group

$549,996 average

106 sales, down 27.4% year over year. Average price was down 6.3%.

Supply was higher at 5.4 months and sold properties took an average of 51 days.

ITSO groups townhouses, condominium properties and semi-detached homes together in this report. That is why I would not use one city-wide number to decide how competitive a specific Hamilton property should be.

What September means if you are buying or selling

For buyers

More balanced supply and longer selling times can create room to compare properties and negotiate, but the amount of leverage still depends on the neighbourhood, property type, condition and current competition.

For sellers

A softer city-wide market makes current comparable sales and competing inventory more important. Pricing against an older market can cost time, while pricing too aggressively can leave money on the table.

The city-wide numbers are context, not a property value

Hamilton's September numbers show lower activity, lower prices and a market with more negotiating room than a tight seller's market.

They do not tell us what an individual house, condo or neighbourhood is worth. That requires the relevant recent sales, current listings, property condition, location and competition around the specific property.

For the permanent monthly archive and latest Hamilton market information, visit the Hamilton Real Estate Market hub.

Hamilton housing market FAQ for September 2026

What was the average Hamilton home price in September 2026?

The average sale price was $714,420, down 8.0% from September 2025.

How many homes sold in Hamilton?

Hamilton recorded 376 residential sales in September 2026.

Is Hamilton a buyer's or seller's market?

City-wide supply sat at 4.8 months in September, which is closer to balanced territory. Conditions can still differ significantly by property type, neighbourhood and price range.

Sources and reporting note

Cornerstone Association of REALTORS® Housing Market Statistics

Hamilton city totals are from Cornerstone's September 2026 market reporting, current as of October 5, 2026. Property-type figures are from the ITSO Monthly Indicators for Hamilton, current as of October 2, 2026.

Cornerstone city totals and ITSO property-type tables are separate reporting outputs and can differ slightly because of classification and reporting cut-offs. This article uses the Cornerstone city totals for the headline market and ITSO for the property-type comparison rather than blending them into a new total.

Market statistics describe a geography and reporting period. They do not establish the market value or expected sale price of an individual property.

Data reviewed October 7, 2026. REALTOR® is a registered trademark of the Canadian Real Estate Association.