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Owen Sound, Ontario Real Estate Market Report

Grey County, Ontario, Canada · Market data as of

Buyer's Market
SellerBalancedBuyer
7.0 mo
Buyer's Market

Owen Sound is currently a buyer’s market with 7.0 months of inventory and a median sale price of $450K. Higher inventory gives buyers more options and room to negotiate.

Price Trajectory

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

$450Kmedian (12 mo)-6.2% YoYdown 6.2 percent year over year
$488Kmost-recent-quarter median (n=74)+8.4% vs the 12-month median

Recent sales are pricing above the trailing-year benchmark — momentum is building.

Median sold price by property type (12 mo)
Property TypeMedianYoY
Freehold$460K
Condo$355K

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 279 sales and 141active listings · Data refreshes every morning

BWhat This Means for Buyers

With 7.0 months of inventory, buyers have more options and negotiating power in Owen Sound.

There are 141 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 Owen Sound.

Homes are selling at 96% of list price — pricing accurately from day one is critical.

279 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.

141
Active Listings
+16.5% 30d
279
Sold (12 mo)
$450K
Median Price
52 days
Avg DOM
-5.4% 30d
96%
SP/LP Ratio
7.0
Months of Inventory
Updated daily
$472K
Average Price
Influenced by outliers
$450K
Median Price
Middle value of all sales
$826K
Benchmark Price
Tracks a typical home (CREA HPI)
$15K
Median Bid Delta
7%
Sold Above Asking
87%
Sold Below Asking

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

Price Trends

$826KBenchmark-5.1% YoY
Prices Trending Down
HPI Trend Median Average

The most recent point is the current, incomplete month and may change as more sales close.

Price trend data: Jun 25: Median $415,000, Average $497,772, HPI Trend $548,649; Jul 25: Median $447,500, Average $491,871, HPI Trend $547,072; Aug 25: Median $450,000, Average $439,667, HPI Trend $545,671; Sep 25: Median $436,353, Average $450,850, HPI Trend $543,043; Oct 25: Median $435,000, Average $450,861, HPI Trend $542,167; Nov 25: Median $465,000, Average $493,725, HPI Trend $539,540; Dec 25: Median $364,750, Average $427,243, HPI Trend $536,386; Jan 26: Median $435,000, Average $429,091, HPI Trend $531,131; Feb 26: Median $459,500, Average $476,971, HPI Trend $527,452; Mar 26: Median $450,000, Average $471,030, HPI Trend $524,650; Apr 26: Median $525,000, Average $508,859, HPI Trend $525,000; May 26: Median $516,000, Average $495,300; Jun 26: Median $464,500, Average $504,877 (partial month)
Benchmark price by period
PeriodBenchmark Price
2025-06$863K
2025-07$860K
2025-08$858K
2025-09$854K
2025-10$853K
2025-11$848K
2025-12$843K
2026-01$835K
2026-02$829K
2026-03$825K
2026-04$826K

Price Distribution

Price distribution: $216K–$320K: 35 properties, $320K–$370K: 35 properties, $370K–$406K: 35 properties, $406K–$450K: 33 properties, $450K–$500K: 34 properties, $500K–$553K: 37 properties, $553K–$635K: 34 properties, $635K–$959K: 36 properties

Days on Market Distribution

Days on market distribution: 1–7 days: 17 properties, 8–14 days: 32 properties, 15–30 days: 81 properties, 31–60 days: 69 properties, 61–90 days: 31 properties, 90+ days: 49 properties

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

The trailing point is the current, incomplete month and may shift as more sales close.

Average days on market by period
PeriodAvg Days on Market
2025-0663 days
2025-0744 days
2025-0861 days
2025-0947 days
2025-1051 days
2025-1152 days
2025-1243 days
2026-0159 days
2026-0270 days
2026-0362 days
2026-0461 days
2026-0537 days
2026-0638 days

How does this month compare?

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

MetricCurrentLast MonthMoMSame Month Last YearYoY
Median Price$465K$516K-10%$415K+11.9%
Sales Count1230-60%18-33.3%
Avg DOM3837+2.7%63-39.7%

What's selling?

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

Listings by property type
Property TypeCountShare
Residential Freehold12085%
Residential Condo & Other1611%
Single Family54%

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
Daily months of inventory: May 16: 4.2 months; May 17: 4.4 months; May 18: 4.5 months; May 19: 4.6 months; May 20: 4.3 months; May 21: 4.3 months; May 22: 4.2 months; May 23: 4.2 months; May 24: 4.0 months; May 25: 4.0 months; May 26: 4.1 months; May 27: 4.1 months; May 28: 4.0 months; May 29: 4.5 months; May 30: 4.4 months; May 31: 4.2 months; Jun 1: 4.4 months; Jun 2: 4.6 months; Jun 3: 4.8 months; Jun 4: 5.1 months; Jun 6: 5.9 months; Jun 15: 7.0 months

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
Dual-axis chart showing absorption rate (area, left axis) and sale-to-list price ratio (line, right axis) over time.

Last 30 days · updated daily

Just Listed

Just Sold

Want a Detailed Analysis?

Contact Jeff Chisholm for a personalized market analysis of Owen Sound and surrounding areas.

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

Get in Touch

Top Rated Schools

Owen Sound District Secondary School Secondary School
PublicSecondary
8.1
EQAO /10
St Mary's High School
CatholicSecondary
8.0
EQAO /10
Keppel-Sarawak Elementary School
PublicElementary
7.9
EQAO /10
École élémentaire catholique St-Dominique-Savio
French CatholicElementary
7.6
EQAO /10
Notre Dame Catholic School
CatholicElementary
6.3
EQAO /10

Source: EQAO provincial assessment results

Market Pulse Score

63
Buyer's Market

Driving factor: Absorption rate (0.2)

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

Frequently Asked Questions

What is the average home price in Owen Sound, Ontario?
The median home price in Owen Sound, Ontario is $450K based on 279 sales over the past 12 months. The average price is $472K. There are currently 141 active listings in Owen Sound.
Is Owen Sound a buyer's or seller's market?
Owen Sound is currently a buyer's market with 7.0 months of inventory. Higher inventory gives buyers more options and negotiating leverage.
How long do homes take to sell in Owen Sound?
Homes in Owen Sound take an average of 52 days to sell (days on market). The median days on market is 33. This is a moderate pace, typical of a balanced market.
What is the months of inventory in Owen Sound?
Owen Sound currently has 7.0 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 Owen Sound?
In Owen Sound, the median sale price is $15K below asking price. 7% of homes sold above asking and 87% sold below asking over the past 12 months. The sale-price-to-list-price ratio is 96%.
What are the real estate market trends in Owen Sound, Ontario?
The Owen Sound real estate market has prices trending downward with a median price of $465K in the most recent month. Prices changed -10.0% compared to the previous month. There were 12 sales in the month with an average of 38 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 June 15, 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
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 Owen Sound 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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