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Muskoka Lakes, Ontario Real Estate Market Report

Muskoka, Ontario, Canada · Market data as of

Buyer's Market
SellerBalancedBuyer
9.4 mo
Buyer's Market

Muskoka Lakes is currently a buyer’s market with 9.4 months of inventory and a 12-month median sale price of $886K. Higher inventory gives buyers more options and room to negotiate.

Price Trajectory

How Muskoka Lakes's median sold price is moving — year-over-year, by property type, and most recently.

$886Kmedian (12 mo)-31.8% YoYdown 31.8 percent year over year
$849Kmost-recent-quarter median (n=87)-4.2% vs the 12-month median

Recent sales are pricing below the trailing-year benchmark — the market is cooling.

Median sold price by property type (12 mo)
Property TypeMedianYoY
Freehold$955K
Condo$115K

Sold residential · trailing 12 months · aggregated MLS data. Property types with fewer than 10 sales are omitted.

Most market reports are old by the time you read them. Boards publish monthly, usually two weeks after the month closes. Every figure on this page is calculated daily from live MLS data, so you're seeing today's market, not last month's summary.

Based on 241 sales and 271active listings · Data refreshes every morning

Properties under contract increased 100% over 19 days (4 → 8)

BWhat This Means for Buyers

With 9.4 months of inventory, buyers have more options and negotiating power in Muskoka Lakes.

There are 271 active listings to choose from, giving you time to find the right fit.

Prices have been trending down, which may create opportunities for patient buyers.

SWhat This Means for Sellers

Higher inventory means sellers need to work harder to stand out in Muskoka Lakes.

Homes are selling at 94% of list price, so pricing accurately from day one is critical.

241 homes sold in the past 12 months. Presentation and pricing strategy matter more in this environment.

Filters apply to statistics and charts below. Other sections show all property types.

271
Active Listings
241
Sold (12 mo)
$885K
Median Price
53 days
Avg DOM
94%
SP/LP Ratio
9.4
Months of Inventory
Updated daily
$1.74M
Average Price
Influenced by outliers
$885K
Median Price
Middle value of all sales
$826K
Benchmark Price
Tracks a typical home (CREA HPI)
$39K
Median Bid Delta
7%
Sold Above Asking
85%
Sold Below Asking

Prices have been trending downward over the past 12 months. Here's how that breaks down across price ranges and time.

How fast are homes selling?

Average days on market over time. Lower numbers mean homes are selling faster.

Under 20 = Hot Market Over 60 = Slow Market
Average days on market by period
PeriodAvg Days on Market
2025-0855 days
2025-0958 days
2025-1050 days
2026-0440 days
2026-0521 days
2026-0654 days
2026-0752 days

How does this month compare?

Month-over-month and year-over-year changes in key metrics.

MetricCurrentLast MonthMoMSame Month Last YearYoY
Median Price$975K$1.10M-11.4%$655K+48.9%
Sales Count2029-31%6+233.3%
Avg DOM5254-3.7%63-17.5%

What's selling?

Breakdown of sales by property type over the past 12 months.

Listings by property type
Property TypeCountShare
Residential Freehold23286%
Residential Condo & Other3914%

The monthly stats tell one story. The daily trajectory tells another — here's how inventory is moving day by day.

Daily Market Trajectory

Updated daily

Most market reports use 30-day rolling averages. By the time you see a shift, it already happened weeks ago. This chart tracks inventory daily so you can spot trajectory changes as they happen.

Under 4 mo = Seller'sOver 6 mo = Buyer's

Last 30 days · updated daily

Speed and competitiveness are two sides of the same coin. Here's how aggressively homes are trading.

How competitive is this market?

Absorption rate and sale-to-list price ratio show how aggressively homes are trading.

Absorption Rate SP/LP Ratio

Last 30 days · updated daily

Just Listed

Just Sold

Communities & Neighbourhoods in Muskoka Lakes

Detailed market data for 2 areas within Muskoka Lakes.

Want a Detailed Analysis?

Contact Jeff Chisholm for a personalized market analysis of Muskoka Lakes and surrounding areas.

Jeff Chisholm, Sales Representative
Chisholm Real Estate Team
Direct Realty Ltd., Brokerage

Get in Touch

How does Muskoka Lakes compare?

Key metrics for nearby cities in Muskoka. All figures are for residential properties over the past 12 months.

Market Pulse Score

79
Buyer's Market
Mixed Signals

Driving factor: Months of inventory (11.2)

MOI
25%
Absorption
20%
SP/LP
20%
DOM
15%
Price Cuts
10%

Frequently Asked Questions

What is the average home price in Muskoka Lakes, Ontario?
The median home price in Muskoka Lakes, Ontario is $885K based on 241 sales over the past 12 months. The average price is $1.74M. There are currently 271 active listings in Muskoka Lakes.
Is Muskoka Lakes a buyer's or seller's market?
Muskoka Lakes is currently a buyer's market with 9.4 months of inventory. Higher inventory gives buyers more options and negotiating leverage.
How long do homes take to sell in Muskoka Lakes?
Homes in Muskoka Lakes take an average of 53 days to sell (days on market). The median days on market is 29. This is a moderate pace, typical of a balanced market.
What is the months of inventory in Muskoka Lakes?
Muskoka Lakes currently has 9.4 months of inventory, calculated daily from live listing data. Months of inventory measures how long it would take to sell all current listings at the current sales rate. Under 4 months typically indicates a seller's market, while over 6 months indicates a buyer's market.
How much do homes sell above or below asking in Muskoka Lakes?
In Muskoka Lakes, the median sale price is $39K below asking price. 7% of homes sold above asking and 85% sold below asking over the past 12 months. The sale-price-to-list-price ratio is 94%.
What are the real estate market trends in Muskoka Lakes, Ontario?
The Muskoka Lakes real estate market has prices trending downward with a median price of $975K in the most recent month. Prices changed -11.4% compared to the previous month. There were 20 sales in the month with an average of 52 days on market.

Current Mortgage Rates in Ontario

1 year fixed

2.50%

Bank of Canada Posted Rate

3 year fixed

5.19%

Bank of Canada Posted Rate

5 year fixed

6.09%

Bank of Canada Posted Rate

Prime (variable)

2.65%

Posted rates from Bank of Canada · Updated July 21, 2026

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Jeff Chisholm, Sales Representative, Chisholm Real Estate Team, Direct Realty Ltd., Brokerage

CREA Member
Direct Realty Ltd., Brokerage
MLS Data Provider
RECO Registered

More in Muskoka

How We Calculate These Statistics

Data source: Statistics are calculated from MLS listing data provided under license from the Canadian Real Estate Association (CREA) and participating real estate boards.

Months of Inventory (MOI):Active listings divided by the monthly sales rate for the selected period (1, 3, 6, or 12 months). Under 4 months generally indicates a seller's market; over 6 months indicates a buyer's market.

SP/LP Ratio: Sale Price to List Price ratio calculated as the median of (sale price / list price) across all sold properties with valid pricing data.

Home Price Index (HPI):CREA's aggregate composite benchmark index tracking price changes for a typical home, adjusted for property mix differences over time.

Update frequency: Data refreshes every 30 minutes via Incremental Static Regeneration (ISR). Daily snapshot metrics update once per day.

Coverage: Includes all residential property types listed on the MLS for Muskoka Lakes and surrounding areas.

Jeff Chisholm, Sales Representative

Chisholm Real Estate Team at Direct Realty Ltd., Brokerage

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Data provided by REintel. Statistics are aggregated from MLS data under license. Reproduction or redistribution of this data is prohibited without written consent. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA).

REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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