Tillsonburg, Ontario Housing Market Update: August 2026

As a REALTOR® with Century 21, First Canadian who works across Oxford and Middlesex Counties, I keep a close eye on Tillsonburg's numbers every month, and the Tillsonburg Ontario housing market is telling an interesting story heading into late summer 2026: sales are up, prices have eased slightly, and buyers finally have some breathing room. If you're weighing a move in Tillsonburg this fall, here's what the latest data actually shows — and what it means for you.

Key Takeaways

• Home sales in the Woodstock Ingersoll Tillsonburg & Area market totalled 195 units in June 2026, up 26.6% from June 2025 and the strongest June in five years, according to the Woodstock Ingersoll Tillsonburg & Area Association of REALTORS® (WITAAR).
• The MLS® Home Price Index composite benchmark price was $582,100 in June 2026, down 5% year-over-year — a sign that pricing has cooled from last year's peak.
• Months of inventory sat at 3.8 in June 2026, above the long-run average of 2.6 months, meaning buyers have more selection and more negotiating room than they've had in recent years.
• Tillsonburg's population is projected to reach roughly 22,090 in 2026, following 17.3% growth between 2016 and 2021 — one of the fastest growth rates of any community in Canada, per the Town of Tillsonburg's own demographic reporting.
• A typical Oxford County residential property (assessed at $281,377 by MPAC) will pay about $1,549 to the County portion of its 2026 property tax bill, a 5.3% increase over 2025.

What's Actually Happening in Tillsonburg's Market Right Now

The headline number is sales volume. Home sales through the Woodstock Ingersoll Tillsonburg & Area Association of REALTORS® MLS® System hit 195 units in June 2026, a jump of 26.6% from the same month in 2025 and the busiest June the region has seen in five years. Year-to-date, sales totalled 849 units over the first six months of 2026, up 5.3% from the same stretch in 2025.

I'm seeing this play out with my own Tillsonburg clients. Buyers who spent 2024 and early 2025 sitting on the sidelines are starting to step back in, and the number of newly listed homes has kept pace, which is why the market has stayed close to balanced rather than tipping sharply toward sellers.

Tillsonburg Home Prices: Where They Stand in August 2026

Price is where the story gets nuanced. The MLS® Home Price Index (HPI) composite benchmark — which WITAAR and CREA consider a more reliable gauge than average price alone, since it isn't skewed by a handful of high-end sales — came in at $582,100 for June 2026, down 5% from a year earlier. Broken out by home type:

• Single-family benchmark: $601,000, down 4.8% year-over-year
• Townhouse/row unit benchmark: $373,100, down 8.7% year-over-year

The average price of homes sold in June 2026 was $607,919, down 5.6% from June 2025, while the more comprehensive year-to-date average sat at $615,051, a modest 2.2% decrease from the first half of 2025.

If you bought in Tillsonburg at the top of the market in 2022 or early 2023, this dip in benchmark price is worth understanding in context of your specific street and property type — not every price point in Tillsonburg has moved the same amount. I'd rather walk you through your home's actual position than have you guess from a townwide average.

Inventory and Negotiating Room for Tillsonburg Buyers

Active residential listings stood at 747 units at the end of June 2026, the highest level for that month in more than a decade, and 26.8% above the five-year average. Months of inventory — how long it would take to sell everything on the market at the current sales pace — came in at 3.8 months, above the long-run average of 2.6 months for this time of year.

In practical terms, that means Tillsonburg buyers in August 2026 have more homes to choose from and more time to make a decision than they did during the frantic conditions of a few years ago. It's not a buyer's market in the extreme sense, but it's no longer a race to waive conditions just to get an accepted offer.

What Tillsonburg's Growth Means for the Market Long-Term

The month-to-month numbers matter, but Tillsonburg's underlying growth trajectory is the bigger story for anyone thinking about buying and holding here. The town's population grew 17.3% between the 2016 and 2021 census counts, one of the fastest growth rates of any community in the country, and its own forecast puts 2026 population at approximately 22,090 residents. That kind of sustained demand is part of why Tillsonburg has held up better through this cooling cycle than some neighbouring markets — there are simply more people who want to live here.

Understanding Your Tillsonburg Property Tax Bill

For anyone budgeting a move to Tillsonburg, it's worth knowing the County portion of your tax bill separately from the Town's municipal rate. For 2026, Oxford County has set the County share so that a residential property assessed at $281,377 by MPAC pays approximately $1,549 for the year to the County — covering roads, waste services, paramedic services, and the County library system, among other shared services. That's on top of the Town of Tillsonburg's own municipal rate and the education portion, so your full bill will be higher than the County figure alone. For an exact estimate on a specific property, I'd recommend checking with the Town of Tillsonburg's tax department directly.

Frequently Asked Questions

Is Tillsonburg a buyer's or seller's market right now?
As of June 2026, conditions are close to balanced, with 3.8 months of inventory — slightly above the long-run average. That gives buyers more selection than in recent years, while sellers with well-priced homes are still seeing solid activity.

Have home prices in Tillsonburg gone down in 2026?
The MLS® Home Price Index benchmark was down 5% year-over-year as of June 2026, according to WITAAR. That's a cooling from 2025 levels, though your specific street and home type may differ from the townwide average.

Why are so many people moving to Tillsonburg?
Tillsonburg has been among the fastest-growing communities in Canada, with 17.3% population growth from 2016 to 2021. Its small-town character, relative affordability compared to larger centres, and proximity to London and the 401 corridor continue to draw buyers.

How much are property taxes in Tillsonburg?
Your bill includes a County portion, a Town of Tillsonburg municipal portion, and an education portion. For 2026, the County share alone on a home assessed at $281,377 is approximately $1,549 for the year. Contact the Town of Tillsonburg for a full estimate on a specific property.

Is now a good time to buy in Tillsonburg?
With sales activity up but prices easing, many buyers are finding more room to negotiate than they had a year or two ago. Whether it's the right time for you depends on your specific goals and timeline — I'm happy to walk through the numbers together.

Ready to Talk Tillsonburg Real Estate?

Whether you're watching from the sidelines or ready to make a move, understanding what these numbers mean for your specific situation is where I can help. I'd love to walk you through current listings, help you price a potential sale, or just answer your questions about the Tillsonburg market. Schedule a free consultation with me, or call me directly at (647) 883-7135.