Oakville Townhouse Market Report
August 2026 · 35 sold · median sold $940K
Source: TRREB/PropTx MLS® data · Updated monthly · Last updated September 15, 2026 · Next update ~October 4, 2026
The Oakville townhouse market for August 2026 — closed sales, prices, and trends from TRREB/PropTx MLS® data, with current inventory as of September 2026. Updated monthly.
Explore by neighbourhood
Oakville pricing and inventory vary by neighbourhood — pick one below for a closer look.
Oakville — current market data
Based on properties for sale & sold — rentals not included. Figures are a monthly rollup covering September 2026, refreshed with each MLS® sync — shown as of September 24, 2026.
Bedrooms
Oakville currently has 150 active freehold townhouses for sale with a median list price of $1.1M, averaging 58 days on market. With 3.8 months of inventory on 17 recent sales, this is currently a balanced market. Median sold prices are +4.3% compared to a year ago. Recent sales closed at an average of 98% of asking price.
Balanced market
3.8 months of inventory
150
Number of homes currently for sale in this area.
$1.1M
The middle asking price among active listings -- half are listed higher, half lower.
$599
Median list price divided by square footage, for comparing across different unit sizes.
58
Average number of days active listings have been on the market.
| Metric | Current |
|---|---|
| Active listings | 150 |
| Median asking price | $1.1M |
| Average days on market | 58 |
| Months of inventory | 3.8 mo |
| Recent sales | 17 |
| Sale-to-list ratio | 98% |
| YoY median sold-price change | +4.3% |
Price trend
Median asking price against median sold price, by month.
+4.3%
Median sold price this period compared to the same month last year.
What actually sold
Closed sales — the figures above describe homes still on the market.
$1.1M
The middle sold price among closed sales this period -- half sold for more, half for less.
$626
Median sold price divided by square footage, for comparing across different unit sizes.
3.8 mo
How long it would take to sell all current listings at the recent sales pace. Lower favors sellers, higher favors buyers.
27%
Homes sold this period as a share of new listings -- a higher ratio signals stronger demand.
98%
Average sold price as a percentage of asking price. Above 100% means homes are selling over asking.
17 sold in the last 24 months · median $1.1M · 98% of asking
Best for...
Best for Resale Liquidity: Glenorchy
Glenorchy has the deepest current market surveyed -- 29 active listings and 19 closed sales in the trailing 3 months -- meaning less risk of an illiquid resale.
Best for: Investors who want an exit option -- a deep resale market when it is time to sell.
Best for Demand Momentum: Bronte Creek
Bronte Creek is absorbing new listings fastest of any neighbourhood surveyed -- a 100% sales-to-new-listings ratio, a sign of demand outrunning current supply.
Best for: Buyers who want to move before rising demand pushes prices further.
Best for a Fast-Moving Market: Joshua Creek
Joshua Creek has the tightest inventory surveyed -- 0.7 months of supply at the current sales pace, a seller's-market pace even at a $1,199,000 median list price.
Best for: Buyers ready to act quickly and decisively in a seller's market.
Best for Buyer Negotiating Leverage: Joshua Meadows
Joshua Meadows carries the loosest inventory surveyed -- 9.9 months of supply -- meaningfully more choice for a buyer than current sales pace is absorbing.
Best for: Buyers who want room to negotiate and more listings to compare before committing.
Best for a Premium, Patient Hold: Old Oakville
Old Oakville carries the highest median list price surveyed, $3,195,000, with a longer average time on market (64 days) -- a patient, premium submarket rather than a quick turnover.
Best for: Long-term holders comfortable paying a premium for a slower-moving, higher-end submarket.
Best for Cash Flow: River Oaks
River Oaks has the highest gross rent yield surveyed -- 4.6% (median asking rent against median list price, before carrying costs).
Best for: Investors prioritizing rental income over price appreciation.
What Changed
Active Listings
0150
2026-08-01 → 2026-09-01
Avg. Days on Market
—58
2026-08-01 → 2026-09-01
Sales
3517
2026-08-01 → 2026-09-01
Median Sold Price
$940.0K$1.1M
2026-08-01 → 2026-09-01
August 2026 sales
35 townhouses sold in Oakville in August 2026 at a median sold price of $940K ($571/sqft). Homes sold at an average of 97% of asking and took a median of about 28 days to sell.
Bedrooms × type (August 2026)
| Bedrooms | Freehold Townhouse | Condo Townhouse |
|---|---|---|
| 2-bed | $738,750* | $581,250* |
| 3-bed | $953,000 | $601,250* |
| 4+ bed | $1,050,000* | — |
*Based on a small number of sales — figures may not reflect the broader market.
Price trend
Median sold prices for Oakville townhouses are down 14.5% over six months through August 2026.
For Sellers
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Get My Instant Home ValueCurrent inventorySeptember 2026 · compiled September 15, 2026
As of September 2026 (compiled September 15, 2026), there are 149 townhouse listings for sale in Oakville with a median asking price of $1.1M ($600/sqft), averaging around 59 days on market.
By bedroom
| Bedrooms | Active now | Median list | Sold (Aug) | Median sold |
|---|---|---|---|---|
| 2-bed | 8 | $859,000 | 4 | $738,750* |
| 3-bed | 92 | $1,053,950 | 24 | $953,000 |
| 4+ bed | 49 | $1,165,000 | 7 | $1,050,000* |
*Based on a small number of sales — figures may not reflect the broader market.
Market velocity
With 3.8 months of inventory, Oakville's townhouse market is currently a balanced market. Supply and demand are reasonably matched, so buyers have room to negotiate and well-priced townhouses still sell in good time.
What this means for buyers and sellers
For buyers
At 3.8 months of inventory, Oakville is fairly balanced right now — there's room to negotiate on price or conditions without losing every listing to a bidding war. Homes are selling for about 97% of asking on average, which leaves room to negotiate off the list price on most listings. Recent sales took a median of about 28 days to close, so that's roughly how long a realistically priced unit tends to stay available once it hits the market.
For sellers
At 3.8 months of inventory, pricing accurately from day one matters more than usual — overpriced listings tend to sit while realistically priced ones still move well.
Sales figures cover closed transactions in August 2026; inventory is a live snapshot as of September 2026. Compiled from TRREB/PropTx MLS® data for townhouses in Oakville. Deemed reliable but not guaranteed.
About the Oakville market
Oakville is one of the GTA’s most affluent lakeside towns, with top-ranked schools and an easy commute to both Toronto and Hamilton. Townhomes anchor newer north-Oakville communities like Glen Abbey, River Oaks, and Rural Oakville north of Dundas. Townhouses are the middle ground — more space and a private front door than a condo apartment, at a lower price than a detached home, split between freehold townhomes (you own the land, no condo fee) and condo townhomes with shared maintenance.
They appeal to families and right-sizers who want room to grow without a detached price tag. The figures default to freehold townhouses; switch the property type to see condo townhomes.
Methodology
Figures on this page are compiled from TRREB/PropTx MLS® data via the site’s IDX (active listings) and VOW (closed sales) data feeds for Oakville, refreshed on every data sync.
- Median is the middle value in a sorted list of prices — half of transactions are above it, half below. It is used instead of an average because a single very high or very low sale can’t skew it.
- $/sqft is the sold or asking price divided by the unit’s square footage, as reported on the listing.
- Days on Market (DOM) is the number of days between a listing going live and it selling (or, for active listings, the number of days it has been live so far).
- Sale-to-List Ratio is the sold price as a percentage of the final asking price. Above 100% means the home sold over asking.
- Months of Inventory is how long the current active listings would take to sell through at the recent sales pace.
- Sample-size policy: sold-price figures are only published once at least 3 sold sales support them, to avoid identifying any single transaction. A figure based on fewer than 10 sales is labeled as a small sample.
Frequently asked questions
What did townhouses sell for in Oakville in August 2026?
In August 2026, townhouses in Oakville sold at a median price of $940,000 (about $571/sqft), an average of 97% of asking. The breakdown above shows how this varies by bedroom count.
How many townhouses sold in Oakville in August 2026?
35 townhouses closed in Oakville in August 2026. The chart above breaks the total down by bedroom count.
How much did a 2-bed townhouse sell for in Oakville?
2-bed townhouses in Oakville sold at a median of $738,750 in August 2026, and there are currently 8 for sale at a median asking price of $859,000.
Is Oakville a buyer’s or seller’s market for townhouses?
With 3.8 months of inventory as of September 2026, the Oakville townhouse market is currently a balanced market. Under three months favours sellers; three to six is balanced; above six favours buyers.
How many townhouses are for sale in Oakville right now?
There are currently 149 active townhouse listings in Oakville as of September 2026, at a median asking price of $1,099,000. This refreshes with every MLS® sync.
How often is this report updated, and where does the data come from?
It is refreshed monthly for the previous complete month, from TRREB/PropTx MLS® data; inventory figures update live with each MLS® sync. Deemed reliable but not guaranteed.
Miko Nalepa
Realtor® at The Condo Bar Real Estate
With 15+ years in the GTA West market, Miko Nalepa is a Realtor® with Right At Home Realty, Brokerage, specializing in condos, townhouses, and detached homes across Mississauga, Oakville, Burlington, and Milton. The focus stays deliberately narrow -- four cities, not a Toronto-wide practice -- because that's what it takes to know individual buildings and blocks, not just neighbourhood names.
Miko Nalepa is also the creator of The Condo Bar, the data platform behind this site, tracking building-level sales history and live market reports across 450+ GTA West condo buildings so every recommendation starts with what comparable units actually closed for, not asking price.
Market statistics are aggregate estimates compiled from TRREB (Toronto Regional Real Estate Board) MLS® data via the PropTx IDX/VOW feed. Deemed reliable but not guaranteed accurate, provided for general informational purposes only, and not a substitute for a professional appraisal, inspection, or investment advice. No liability is assumed for any errors or omissions.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.