Skip to main content

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 12-month median sale price of $445K. 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.

$445Kmedian (12 mo)-3.8% YoYdown 3.8 percent year over year
$439Kmost-recent-quarter median (n=76)-1.5% 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$452K
Condo$348K

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 274 sales and 146active 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 146 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, so pricing accurately from day one is critical.

274 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.

146
Active Listings
+3.5% 30d
274
Sold (12 mo)
$445K
Median Price
48 days
Avg DOM
-10.4% 30d
96%
SP/LP Ratio
7.0
Months of Inventory
Updated daily
$468K
Average Price
Influenced by outliers
$445K
Median Price
Middle value of all sales
$828K
Benchmark Price
Tracks a typical home (CREA HPI)
$15K
Median Bid Delta
5%
Sold Above Asking
88%
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
2025-1051 days
2025-1152 days
2025-1243 days
2026-0161 days
2026-0270 days
2026-0361 days
2026-0461 days
2026-0537 days
2026-0637 days
2026-0740 days
2026-0834 days
2026-0947 days

How does this month compare?

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

MetricCurrentLast MonthMoMSame Month Last YearYoY
Median Price$446K$443K+0.7%$376K+18.6%
Sales Count16160%9+77.8%
Avg DOM4734+38.2%40+17.5%

What's selling?

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

Listings by property type
Property TypeCountShare
Residential Freehold12888%
Residential Condo & Other1812%

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

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

65
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 $445K based on 274 sales over the past 12 months. The average price is $468K. There are currently 146 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 48 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. 5% of homes sold above asking and 88% 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 $446K in the most recent month. Prices changed +0.7% compared to the previous month. There were 16 sales in the month with an average of 47 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 September 21, 2026

Stale

Stay Updated on Owen Sound Real Estate

Get market reports and alerts delivered to your inbox. From Jeff Chisholm, Direct Realty Ltd., Brokerage.

By subscribing you consent to receiving market updates from Jeff Chisholm, Direct Realty Ltd., Brokerage. You may unsubscribe at any time. See our Privacy Policy.

Looking for a Local Real Estate Expert?

We work with experienced local REALTORS across Ontario. Let us connect you with someone who knows Owen Sound.

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

Premium Real Estate tools and market intelligence powered by

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.

Cookie Preferences