Home Values in Ontario, California — 2026 Market Report
Updated March 2026 | Seller's Market | +2.5% YoY
The median home value in Ontario, California is $555,000 as of March 2026, which is above the national median of $400,000. Home values in Ontario have increased by 2.5% over the past year and 13.1% over the last five years. With a population of 175,265 and a median household income of $65,250, the price-to-income ratio stands at 8.5x, making Ontario affordable for the average household.
Ontario Housing Market Conditions
| Metric | Ontario | National Avg |
|---|---|---|
| Median Home Value | $555,000 | $400,000 |
| YoY Appreciation | +2.5% | +3.8% |
| 5-Year Appreciation | +13.1% | +22.4% |
| Price per Sq Ft | $421 | $222 |
| Days on Market | 53 days | 45 days |
| Months of Supply | 2.4 | 3.5 |
| List-to-Sale Ratio | 101.2% | 98.5% |
| Monthly Homes Sold | 99 | — |
| Foreclosure Rate | 0.26% | 0.3% |
Home Value Trends in Ontario
A homeowner who purchased at the median price of $490,716 five years ago in Ontario would have gained approximately $64,284 in equity, representing a 13.1% return on investment. Over the past year alone, the typical homeowner gained $13,537 in home equity.
Affordability in Ontario, CA
With a median household income of $65,250 and a median home price of $555,000, the price-to-income ratio in Ontario is 8.5x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $3,384 compared to estimated monthly ownership costs of $2,988 gives a rent-vs-buy ratio of 0.88. In Ontario, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Ontario
The effective property tax rate in California is 0.76%. On a home valued at $555,000, the estimated annual property tax bill is $4,218, or approximately $352/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Ontario is 118.5 (100 = national average), indicating living costs are above the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Ontario, CA?
The median home value in Ontario, California is $555,000 as of March 2026. Home values have changed +2.5% over the past year, with a 5-year appreciation of 13.1%.
Is Ontario a buyer's or seller's market?
Ontario is currently a seller's market with 2.4 months of housing supply. Homes spend an average of 53 days on market, and the list-to-sale price ratio is 101.2%. Low inventory gives sellers an advantage.
Are home values going up in Ontario?
Yes, home values in Ontario have increased by 2.5% over the past year. The 5-year appreciation rate is 13.1%, meaning a home worth $490,716 five years ago is now worth $555,000.
Is it better to rent or buy in Ontario?
The average monthly rent in Ontario is $3,384, while estimated monthly homeownership costs are approximately $2,988. The price-to-rent ratio is 13.7. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other California Cities
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Disclaimer: Home value data for Ontario, California is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.