Vaughan Real Estate Guide 2026: Complete Market Analysis
Current prices, neighborhood breakdowns, and data-driven insights for buying in Vaughan.
Vaughan Market Snapshot - December 2024
Average Price
$1,194,793
-3.2% vs Nov 2024
Median Price
$1,051,500
All property types
Days on Market
37
Average DOM
Inventory
7 Months
Buyer's Market
Source: York Region News
Prices by Property Type
| Property Type | Avg Price | MoM | YoY |
|---|---|---|---|
| Detached | $1,711,735 | +7.2% | +1.1% |
| Semi-Detached | $1,050,892 | -2.0% | -11.1% |
| Townhouse | $1,006,267 | -3.4% | -10.4% |
| Condo Townhouse | $800,200 | -3.9% | +4.8% |
| Condo Apartment | $624,088 | +6.2% | -1.2% |
Key Insight: Detached Homes Outperforming
Detached homes are the only segment showing positive year-over-year growth (+1.1%), while semis and townhouses have declined 10-11%. This suggests a flight to quality among buyers who can afford higher price points.
Vaughan Neighborhood Guide
Vaughan Metropolitan Centre (VMC)
Urban core with subway access
Condo Avg
$550K-$750K
Best For
Young professionals, investors
Transit
TTC Subway Line 1
The VMC is Vaughan's emerging downtown, anchored by the TTC subway extension (opened 2017). Pre-construction condos remain popular with investors seeking rental income, though resale values have softened 5-8% in 2026.
Kleinburg
Heritage village, luxury estates
Detached Avg
$2.5M-$5M+
Best For
Families, executives
Character
Historic village feel
Kleinburg retains its historic village charm while offering luxury estate homes. The McMichael Canadian Art Collection anchors the cultural scene. Limited inventory keeps prices stable despite broader market softening.
Woodbridge
Established Italian-Canadian community
Detached Avg
$1.4M-$1.8M
Best For
Families, multi-generational
Amenities
Excellent restaurants, shops
Woodbridge offers mature neighborhoods with larger lots, excellent Italian cuisine, and strong community bonds. East Woodbridge near Highway 7 has seen strong interest due to accessibility.
Maple
Growing suburban community
Detached Avg
$1.3M-$1.6M
Best For
Young families, first-time buyers
Schools
Growing options
Maple offers newer builds at relatively lower price points compared to established Vaughan neighborhoods. Good GO Transit access via Maple GO Station. Canada's Wonderland is nearby.
Thornhill (Vaughan)
Diverse, established community
Detached Avg
$1.6M-$2.2M
Best For
Families, professionals
Transit
VIVA/YRT buses
The Vaughan portion of Thornhill (west of Yonge Street) offers mature trees, established schools, and proximity to Promenade Mall. Strong Jewish and Asian communities contribute to cultural diversity.
2026-2026 Market Outlook
According to Toronto Regional Real Estate Board (TRREB) , Vaughan's market is currently in a buyer's market with approximately 7 months of inventory. This gives buyers significant negotiating power on price.
Opportunities for Buyers
- ✓Negotiating room (97% list-to-sale ratio)
- ✓Lower interest rates (BoC at 3.25%, falling)
- ✓High inventory = more selection
- ✓Semis/townhouses down 10%+ YoY
Considerations
- ⚠Condo resale values still softening
- ⚠Potential US tariffs could impact economy
- ⚠Immigration reductions may slow demand
- ⚠Pre-construction investor pullback
Income Required to Buy in Vaughan
Based on current prices and a 20% down payment with mortgage stress test qualification:
Average Home (All Types)
$1,194,793
$263,000
household income
Condo Apartment
$624,088
$125,000
household income
Detached Home
$1,711,735
$340,000
household income
Data Sources
- • York Region News - December 2024 Market Data
- • Toronto Regional Real Estate Board (TRREB) - Market Statistics & Trends
- • Bank of Canada - Interest Rate Data (3.25% Policy Rate)
- • Canada Mortgage and Housing Corporation (CMHC) - Affordability Analysis
- • MoneySense - GTA Affordability Calculations