If you are weighing an Oakville condo or townhouse, here is the quick answer: the two markets are moving in opposite directions. In September 2026, the average townhouse and condo price in Oakville rose 9.8% year over year to $937,537, while Burlington slipped 1.6% to $745,955. With fewer new listings coming to market across Halton, buyers who find the right home in either city have real choices, but they need to know which market they are walking into.
At Martin Group, we have helped Halton families, first-time buyers, investors and downsizers navigate both sides of the Burlington-Oakville border for more than 25 years. Here is how the numbers look heading into winter.
What are townhouse and condo prices doing in Oakville and Burlington right now?
Oakville is firm and Burlington is flat. According to the Oakville, Milton and District Real Estate Board's September 2026 report, Oakville townhouse and condo prices averaged $937,537, up 9.8% from a year ago and 11.4% from August. Burlington averaged $745,955, down 1.6% year over year, though transactions there were up 8.5%.
Across all of Halton Region, the townhouse and condo average was $803,276, up 1.4% year over year. Detached homes tell a different story: Oakville's average detached price fell 4.2% year over year to $1.70 million. That gap is exactly why so many buyers are looking at townhouses and condos as a more attainable way into Oakville.
Why is the Oakville townhouse and condo market holding up better than detached homes?
Supply and affordability. New listings of townhouses and condos in Halton were down 25.1% in September compared to a year earlier, and in Oakville they fell 24.7%. When fewer homes come to market, the ones that are priced well and presented well still attract attention.
There is also a simple affordability story. With detached homes averaging $1.70 million in Oakville, a townhouse near the GO station or in a walkable pocket of Bronte, Kerr Village or Uptown Core offers a path into the community without the detached price tag. Sales are down about 15% year over year, so buyers are being selective, but they are not leaving the market.
How do Oakville and Burlington compare for condo and townhouse buyers?
Oakville costs more, and the premium is now about $190,000 on average. Burlington remains the more affordable option, with an average townhouse and condo price of $745,955, and Burlington's slight price decline paired with higher transaction counts suggests buyers there are finding value and acting on it.
Within Oakville, location drives pricing. Homes near the lake, the Oakville GO station or the established family neighbourhoods of Glen Abbey and River Oaks tend to hold their value best. In Burlington, proximity to the waterfront, Appleby GO and the downtown core is what buyers pay for. Averages hide a lot of variation, so a tailored comparison is worth more than any headline number.
What should you check before buying a condo or townhouse this winter?
Start with the building, not just the unit. For condos, review the status certificate carefully: the reserve fund, any planned special assessments, and recent increases in monthly fees. For townhouses, confirm whether you are buying freehold or a common-element townhouse, since monthly fees and responsibilities differ.
Next, think about timing. Winter is typically quieter, and with fewer new listings, serious buyers can often negotiate with less competition than in spring. Get your mortgage pre-approval in place first so you can move quickly when the right property appears.
About the Author
Cory Martin is a highly respected REALTOR®, real estate broker, and co-founder of The Martin Group, serving Oakville, Burlington, and surrounding GTA communities. Ranking in the top 1% of agents nationwide with $310M+ in career volume across 18 years, Cory brings verified industry authority to every blog feature and market analysis. Evaluated as the #3 agent in Oakville and #4 in Burlington on Rate My Agent with a 4.99 rating, his insights offer trusted guidance for readers navigating complex real estate decisions.
The Bottom Line
Oakville townhouses and condos are showing strength while Burlington offers value, and both markets reward buyers who do their homework. If you are thinking about buying, selling or investing in a condo or townhouse in Halton, we would love to talk it through. Call Martin Group at (905) 338-2083 or visit themartingroup.ca for a no-pressure conversation.
Source: Oakville, Milton and District Real Estate Board, September 2026 Market Report.
