Jul 2026
Average Price
$861,466
Housing supply started trending upward following the pandemic, and according to Mississauga real estate trends, this pattern has continued into recent months. In contrast, the sharp post-pandemic slowdown seen during 2022 had slowly reversed from 2023 onward, and transaction volumes have stabilised at a lower range. In fact, sales volumes during the spring months of 2026 surpassed the same period in 2025. Stable interest rates and government initiatives, including the HST rebate on newly built homes, likely contributed to this slight pickup in housing market activity.
Buyer demand remained strong across the Mississauga housing market, with monthly sales generally ranging from about 480 to 1,360 homes. Throughout the same period, the number of homes available for sale stayed between about 1,500 and 3,400 units.
Transaction volumes in the housing market in Mississauga settled into a more moderate range, between about 360 and 1,080 homes. Meanwhile, inventory increased as more properties remained on the market, typically ranging from about 1,900 to 4,200 units.
Record-low interest rates, remote work, and changing housing preferences led to a major increase in Mississauga real estate prices and buyer demand during the pandemic. After a temporary slowdown in spring 2020, sales increased quickly, usually ranging from about 600 to 1,630 units, with many months recording more than 1,000 transactions. Meanwhile, inventory remained at one of its tightest levels, especially toward the end of 2021, when the number of homes available dropped to 1,352 units in December.
Buyer demand weakened across the Mississauga real estate market and sales volumes fell from about 1,150 units in March 2022 to 312 in December 2022. They then remained in a similar range throughout 2023, generally between 340 and 990 homes. Inventory, on the other hand, increased as fewer buyers were purchasing.
According to Mississauga real estate trends, sales generally ranged between 320 and 760 units from 2024 to mid-2026. Supply, meanwhile, remained higher than in earlier periods as sellers continued listing their properties and homes took longer to sell. Available listings ranged from about 2,480 to 5,540 units, peaking in June 2025 before easing to 4,765 homes by June 2026.
Mississauga real estate trends show that this was a highly competitive period for the housing market, with absorption rates generally ranging between 70% and 85%.
Market activity settled into a more balanced pace, and absorption rates remained between 40% and 65%. Toward the end of 2019, buyer activity picked up again, pushing absorption rates above 75%.
After a brief slowdown, activity across the real estate market in Mississauga accelerated rapidly, with absorption rates generally ranging between 60% and 97%.
The pace of market activity slowed, and absorption rates settled mostly within the 30% to 65% range.
Market activity slowed further, with absorption rates generally ranging between 26% and 50%. As of June 2026, the absorption rates in the Mississauga housing market stand at 35.77%, showing that buyers continue to have the upper hand. If you’re planning to buy a house in this buyer’s market, keep in mind that while some homes still sell over asking, that’s no longer the norm. Hence, take advantage of the conditions and negotiate with confidence before making an offer.
Source: Based on analysis of historical information made available from respective real estate boards.
Houses remained the most popular type in Mississauga, with a combined 41,898 sales. Detached homes recorded 30,182 sales and an average price of $1.34M, while semi-detached homes accounted for 11,716 sales, averaging $892.53K.
Townhouses recorded a combined 18,077 sales in the housing market in Mississauga. Condo townhouses led this segment with 14,208 sales at an average price of $696.37K, while freehold townhouses recorded 3,869 sales and averaged $842.46K.
Mississauga home price trend reveals that condo apartments averaged $532.08K and recorded a total of 25,762 sales.
Post-pandemic, leasing activity in Mississauga picked up, with transactions reaching an all-time high between 2024 and 2026. Rental prices also increased quickly after the pandemic; however, that rapid growth has cooled since mid-2023. Over the last decade, rental prices in Mississauga have increased by 46.53%, while they are down 6.25% compared to a year ago.
Mississauga rental prices rose from about $1,900 into the $2,300-$2,500 range. Monthly lease transactions also increased steadily, totalling around 250-560 monthly.
The pandemic brought leasing to a temporary slowdown in the Mississauga rental market, with just 202 leases recorded in April 2020, and then activity gradually improved. In contrast, rents stayed fairly stable, generally ranging between $2,300 and $2,580.
This phase recorded one of the fastest increases in rental prices across the entire decade. Mississauga rental prices climbed from about $2,600 at the beginning of 2022 to above $3,300 by July 2023. The market remained extremely active, with between 430 and 890 leased units recorded in most months.
Tenant activity continued to increase, with more than 500 leases recorded in most months and over 1,000 during the spring and summer months. Meanwhile, rental prices were no longer rising at the same pace seen during the previous phase.
The Mississauga rental market became busier, although rents eased from the $3,000 level recorded earlier. Rental prices generally ranged between $2,600 and $2,800, while the number of leases remained elevated at roughly 720 to 1,020 units.
The Mississauga housing market has continued to hold its position among the most expensive real estate markets in Ontario. Several key factors have helped keep this housing market’s prices consistently high over the years, including its prime location next to Toronto, strong employment sector, and excellent highway and transit connectivity. Over the past decade, Mississauga home prices have recorded an impressive growth of 49.01%. The strongest surge in property prices occurred during the pandemic. The data highlights this trend clearly – from April 2020 to February 2022, home prices in Mississauga climbed by around 38%, making it one of the strongest home price growths on record. Then, post-pandemic, the market entered a phase of price correction as interest rates rose rapidly and buyer demand started to cool. From 2023 onward, the Mississauga real estate market settled into a period of price stability. Currently, Mississauga home prices are down 11.28% year-over-year and are showing an increase of 3.56% year-to-date.
Low interest rates, a strong labour market, and rising incomes encouraged more buyers to enter the housing market. As buyer demand picked up, the average house price in Mississauga increased from around $600K in June 2016 to $732K by April 2017, while most homes typically sold within 8 to 20 days.
A series of government measures aimed at cooling the housing market, along with stricter mortgage qualification rules and several interest rate hikes, slowed buyer activity. As demand eased, Mississauga real estate prices generally stayed between $610K and $880K, and month-to-month increases became much more moderate. Homes also took longer to sell than they did during the previous phase.
Record-low interest rates, remote work trends, higher household savings and changing housing preferences brought a wave of buyers into the market. As buyers competed for a limited supply of homes, the average home price in Mississauga climbed from around $736K in April 2020 to $1.18M in February 2022. Homes also sold quickly, typically within 6 to 25 days.
As the Bank of Canada rapidly increased interest rates and mortgage rates continued to rise, the market entered a price correction phase. House prices in Mississauga eased from the February 2022 peak and generally stayed between $906K and $1.17M throughout this phase. Properties spent between 13 and 38 days on the market.
The Mississauga home price trend was no longer seeing the sharp price increases experienced during the pandemic or the price correction that followed. Instead, average home prices generally remained between about $830K and $1.05M. Homes also took longer to sell, with average days on market generally ranging from 20 to 50 days.