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Neighbourhood in Oakville

Homes for sale in Southwest

Name: HOMEH Market Pulse — Southwest, Oakville closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

family-friendly quiet suburban

Southwest is a quiet neighbourhood in Oakville. It offers a mix of residential homes and good schools.

Strong school ratings with an average of 8.9 Mostly single-detached homes available High median income of $163,266 Low unemployment rate of 10.2%

Day to dayLivability

8.1

Schools near listings

out of 10 · averaged over 34 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$2,699,000

86% above Oakville 281% above Ontario

In Southwest

$2,699,000

In Oakville

$1,449,900

In Ontario

$709,000

Median monthly rent

$4,250/mo

35% above Oakville 70% above Ontario

In Southwest

$4,250

In Oakville

$3,150

In Ontario

$2,500

≈ 52.9 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $2,699,000

Houses 38

For rent

Median $4,250

Houses 7

Recently sold

Recently leased

Market data as of 2026-10-27. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Family-friendly environment with many schools
Low crime rates and a stable community
Good access to parks and recreational areas

Keep in mind

High home prices compared to the city average
Limited public transit options

The feel of the placeLifestyle

Residents enjoy a peaceful life with access to parks. Families benefit from good schools and community activities.

Great for families first-time buyers professionals

Within the boundaryWhat's nearby

The boundary

3.1 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Gyms

Libraries

Counted across all 3.1 km² of Southwest. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

8.9/10

Average rating of the 2 rated schools in this area

Elementary

Secondary

École élémentaire Patricia-Picknell
Public · French · Grades JK–6 · Conseil scolaire Viamonde
9.6/107.6 over 5 yrs
35th of 3,045 Ontario elementary schools
105 students · EQAO 2024-2025
Thomas A Blakelock High School
Public · Grades 9–12 · Halton DSB
8.1/107.8 over 5 yrs
79th of 742 Ontario secondary schools
1,165 students · EQAO 2024-2025
Appleby College
Independent
Not rated
Gary Allan High School - 05
Public · Grades 7–12 · Halton DSB
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Southwest, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

3,612

Population (2021)

2.5 km²

Area

1,430

People per km²

45.6

Median age

$163,266

Median income

86%

Own their home

People per household

1,210

Households

Every age

Children (under 15)15.5%
Working age (15–64)66.7%
Seniors (65+)17.8%

What is built here

Detached houses86.7%
Townhouses5%
Duplexes1.7%
Low-rise apartments7.5%

Own or rent

86%Owners

14%Renters

Across 1,210 households

When it was built

Mostly 1961–1980

1960 or earlier23%
1961–198039%
1981–19905%
1991–20003%
2001–20053%
2006–20105%
2011–201511%
2016–20218%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

33.1%
Born outside Canada: 50.9%
Hold a degree or higher: 53%
Employment rate: 4.3%
Commute by transit: 85.4%
Commute by car: 2
Children per family: $129,827
Median income after tax: $264,857
Average household income: 9.2%
Living on a low income: $1,649/mo
Renters pay, per month: $2,092/mo
Owners pay, per month: $1,930,008
Median home value at census: 20.1%
Renters spending 30%+ of income on housing: 20.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 6 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap

HOMEH Market Pulse Through September 2026 Moderate sales history

What homes in Southwest actually sell for

42 homes changed hands in Southwest over the 12 months to September 2026. Half sold above $2,465,845 and half below, 12.0% lower than the 12 months before. A typical home found its buyer in 51 days — 11 days slower than a year ago.

Median sold price: $2.47M; -12.0% year over year
Days to sell: 51; 11 days slower
Sales closed: 42; last 12 months
Per square foot: $993; from 42 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

$12M$8.56M$4.67M$774K

Dec ’23Nov ’24Oct ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$935,400

on a $1,000,000 asking price — under ask by $64,600

−10%Asking price+10%

Of the asking price: 93.5%
Sold over asking: 2.4%

From 42 sales that closed here in the last 12 months.

Rent or buy in Southwest

35.4 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$2,465,845

42 sales

Median rent

$5,807/mo

27 leases

Gross rental yield

2.83%

before costs

Both figures come from deals that actually closed in Southwest over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually trades in Southwest

A single median hides this: the mix of homes behind it, and what each kind costs.

42sales

Detached$2.27M61.9%
Other kinds, too few of each —38.1%

How fast it moves

Median days on market, month by month. Taller means slower.

May 2024May 2026

Terracotta marks the last 12 months.

Every month behind these charts — Southwest, sales

Monthly closed sales in Southwest
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	3	Not enough sales this month to report a median
Aug 2026	1	Not enough sales this month to report a median
Jul 2026	2	Not enough sales this month to report a median
Jun 2026	4	Not enough sales this month to report a median
May 2026	7	$2,800,000	$2.26M – $4.06M	74	93.6%
Apr 2026	5	$2,175,000	$1.58M – $3.50M	50	94.6%
Mar 2026	2	Not enough sales this month to report a median
Jan 2026	1	Not enough sales this month to report a median
Dec 2025	3	Not enough sales this month to report a median
Nov 2025	7	$2,350,000	$1.80M – $3.20M	45	93.0%
Oct 2025	7	$1,732,000	$1.61M – $3.55M	35	95.3%
Sep 2025	3	Not enough sales this month to report a median
Aug 2025	1	Not enough sales this month to report a median
Jul 2025	1	Not enough sales this month to report a median
May 2025	3	Not enough sales this month to report a median
Apr 2025	6	$2,527,500	$1.97M – $3.37M	14	95.2%
Mar 2025	2	Not enough sales this month to report a median
Feb 2025	4	Not enough sales this month to report a median
Jan 2025	1	Not enough sales this month to report a median
Dec 2024	1	Not enough sales this month to report a median
Nov 2024	7	$3,200,000	$2.54M – $11.65M	63	94.2%
Oct 2024	9	$1,910,000	$1.86M – $2.42M	26	95.0%
Sep 2024	6	$3,200,000	$2.49M – $3.88M	19	98.9%
Aug 2024	4	Not enough sales this month to report a median
Jul 2024	7	$2,220,000	$2.13M – $2.98M	59	96.0%
Jun 2024	1	Not enough sales this month to report a median
May 2024	6	$2,160,000	$2.00M – $2.90M	17	94.6%
Apr 2024	2	Not enough sales this month to report a median
Mar 2024	4	Not enough sales this month to report a median
Feb 2024	1	Not enough sales this month to report a median
Dec 2023	1	Not enough sales this month to report a median

21 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about Southwest

How much does a home cost in Southwest?

Homes in Southwest sold for a median of $2,465,845 over the 12 months to September 2026, across 42 closed sales — half sold for more and half for less. That is 12.0% lower than the 12 months before it.

How long does it take to sell a home in Southwest?

A home in Southwest took a median of 51 days on the market over the 12 months to September 2026. Homes there closed at 93.5% of the asking price on average, with 2.4% selling over asking.

How much is rent in Southwest?

The median lease in Southwest closed at $5,807 a month over the 12 months to September 2026, across 27 leases.

Is it cheaper to rent or buy in Southwest?

A home in Southwest costs about 35.4 years of the rent on one — the median price of $2,465,845 against a median rent of $5,807 a month, a gross yield of 2.83%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in Southwest on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.