The average residential sale price in Mississauga has decreased by six per cent year-over-year across all property types in 2025, from $1,067,451 to $1,003,561. The number of sales transactions decreased by 13.1 per cent for the same time period (from 5,417 to 4,710). The total number of listings increased by 14.7 per cent (from 13,562 in 2024 to 15,553 in 2025). Average residential sale prices will increase by three per cent going into 2026, compared to 2025. Sales are anticipated to rise by seven per cent going into 2026, compared to 2025.
Trends in the Mississauga Housing Market
Looking ahead to 2026, Mississauga will continue to be a buyers' market. As inventory increases, many buyers are still sidelined, and those who are looking to buy are finding lots of inventory coupled with lower interest rates. The top three neighbourhoods anticipated to be the most desirable in the region in 2026 are Cooksville, Square One and Port Credit:
Cooksville is a very central location giving quick access to many major routes with excellent transit and commuter options as well as a diverse community with many local amenities. Square One has many shopping options and is considered an amenities hub with urban living and mixed-use growth. Port Credit has a waterfront lifestyle with boardwalks, marinas and scenic outdoor vistas. It's village feel has walkability offering a distinct character with boutiques and a charming environment. Semi-detached homes are expected to see the strongest demand and sales activity in the region in 2026.
Buying/Selling Trends for homebuyers and sellers looking ahead to 2026:
- First-time Homebuyers are buying townhomes around the $800,000 price point.
- Move Up/Over Homebuyers are buying detached homes between $1,000,000 and $1,500,000.
- Retirees are holding off purchasing looking for better affordability.
- New construction is not proceeding as planned as many buyers aren't purchasing and consequently construction is pausing.
Rental prices are down and many units are available making it easier for buyers to hold off on moving into the market. It's discouraging for investors as supply is high making the rental market less competitive. Overall economic instability and uncertainty have kept buyers sidelined but are predicted to re-enter the market after the holidays heading into early 2026. Social media allows for more exposure on properties generating more leads.
