Perth East

Perth East, Ontario, Canada

Market snapshot

As of August 12, 2026, the median asking price in Perth East is $844,900, across 63 active MLS® listings.

Those listings have been on the market an average of 128 days.

16 new listings came to market in Perth East in the last 30 days.

Asking prices work out to about $476 per square foot, based on the 31 listings that report floor area.

Detached homes in Perth East are listed at an average of $926,933 across 46 active listings.

Vacant land in Perth East are listed at an average of $961,650 across 6 active listings.

Condos in Perth East are listed at an average of $316,780 across 5 active listings.

About Perth East

Perth East is a rural township east of Stratford in Perth County, characterized by small hamlets (Milverton, Shakespeare, Wartburg) and a strong agricultural base with a growing commuter presence tied to Stratford, Kitchener-Waterloo, and London. Demographics skew toward families and long-time residents, with newer buyers seeking more space and affordability than nearby cities. The housing stock is dominated by detached homes on larger lots, farm properties, and a limited supply of townhomes/semis; turnover is relatively low and inventory can be thin, which can create sharper price movements when demand rises.

Amenities are concentrated in the local villages: everyday services, community centres/arenas, parks, and local retail, with broader shopping, healthcare, and entertainment in Stratford (and further options in Kitchener-Waterloo). Schools are primarily public options within the township and surrounding areas (with additional secondary choices accessed in nearby larger centres). Transit is car-dependent; there is no local rapid transit, and commuting relies on regional roads and highways. Real estate trends generally track broader Southwestern Ontario cycles: price growth accelerated during the 2020–2022 period, cooled with higher interest rates, and is supported by limited new supply, stable local employment (agriculture, trades, small business), and spillover demand from Stratford and the Waterloo Region. For investors, the market is better suited to single-family rentals and small multifamily where available, with moderate yields and steady long-term appreciation potential rather than high cash flow.

Market pulse

Perth East currently has 344 active for-sale listings with a median asking price of $678,000 and an average of $391/sqft, pointing to solid pricing while offering buyers meaningful selection. Homes are taking about 91 days on market, suggesting a more measured pace that can support negotiation, especially as 92 new listings came online in the past 30 days. For investors, the combination of steady pricing and rising supply signals a market where disciplined deal-finding and patience can be rewarded.

Frequently asked questions about Perth East

What is the average home price in Perth East?

The median asking price in Perth East is $844,900, across 63 active MLS® listings as of August 12, 2026. The average asking price is $899,563. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Perth East?

There are 63 active MLS® listings in Perth East as of August 12, 2026. 16 of them came to market in the last 30 days.

How long do homes stay on the market in Perth East?

Homes currently listed in Perth East have been on the market an average of 128 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

What types of homes are for sale in Perth East?

Of the 63 homes currently listed in Perth East, 73% detached houses, 10% vacant land, 8% condos, 3% townhouses.

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How these figures are calculated