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Timmins, Ontario Real Estate Market Report

Northern Ontario, Ontario, Canada · Market data as of

Seller's Market
SellerBalancedBuyer
1.3 mo
Seller's Market

Timmins is currently a seller’s market with 1.3 months of inventory and a 12-month median sale price of $296K. Low inventory means sellers have more leverage, and well-priced homes are selling quickly.

Price Trajectory

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

$296Kmedian (12 mo)+10.4% YoYup 10.4 percent year over year
$346Kmost-recent-quarter median (n=186)+16.6% 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$299K

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 608 sales and 89active listings · Data refreshes every morning

BWhat This Means for Buyers

With only 1.3 months of inventory, Timmins is a seller's market. Buyers should be prepared to act quickly and come in with strong offers.

Homes are averaging 38 days on market, so well-priced properties move fast.

Consider getting pre-approved and having your offer strategy ready before you start viewing.

SWhat This Means for Sellers

Sellers are in a strong position. Low inventory means your home will get more attention.

44% of homes sold above asking price, so strategic pricing could trigger competitive offers.

The average sale-to-list ratio is 102%, meaning homes are selling above their list price.

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

89
Active Listings
608
Sold (12 mo)
$296K
Median Price
38 days
Avg DOM
102%
SP/LP Ratio
1.3
Months of Inventory
Updated daily
$323K
Average Price
Influenced by outliers
$296K
Median Price
Middle value of all sales
$826K
Benchmark Price
Tracks a typical home (CREA HPI)
+$0
Median Bid Delta
44%
Sold Above Asking
45%
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
2025-0740 days
2025-0831 days
2025-0935 days
2025-1032 days
2025-1149 days
2025-1260 days
2026-0159 days
2026-0230 days
2026-03115 days
2026-0421 days
2026-0527 days
2026-0619 days
2026-0730 days

How does this month compare?

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

MetricCurrentLast MonthMoMSame Month Last YearYoY
Median Price$378K$350K+7.9%$355K+6.3%
Sales Count3875-49.3%17+123.5%
Avg DOM3019+57.9%40-25%

What's selling?

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

Listings by property type
Property TypeCountShare
Residential Freehold8798%
Residential Condo & Other22%

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 Timmins

Detailed market data for 3 areas within Timmins.

Want a Detailed Analysis?

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

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

Get in Touch

Top Rated Schools

O'Gorman High School
CatholicSecondary
8.5
EQAO /10
École secondaire catholique Thériault
French CatholicSecondary
7.8
EQAO /10
Timmins High and Vocational School
PublicSecondary
7.0
EQAO /10
Timmins Centennial Public School
PublicElementary
6.9
EQAO /10
École catholique Don-Bosco
French CatholicElementary
6.2
EQAO /10

Source: EQAO provincial assessment results

How does Timmins compare?

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

Market Pulse Score

44
Balanced Market
Mixed Signals

Driving factor: Absorption rate (0.5)

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

Price Outlook

12-Month Projection
$269,224$329,506
Medium confidence (25 months)Backtest MAPE 5.1% (13 folds)Model: linear-trend-v1

Market forecasts are statistical estimates based on historical MLS trend data, months of inventory, and Bank of Canada rate data. This information is provided for general informational purposes only, does not constitute financial, investment, or professional real estate advice, and should not be relied upon for making purchasing or investment decisions. Forecasts do not replace a professional Comparative Market Analysis or certified appraisal by a licensed appraiser.

Frequently Asked Questions

What is the average home price in Timmins, Ontario?
The median home price in Timmins, Ontario is $296K based on 608 sales over the past 12 months. The average price is $323K. There are currently 89 active listings in Timmins.
Is Timmins a buyer's or seller's market?
Timmins is currently a seller's market with 1.3 months of inventory. Low inventory means sellers have more negotiating power and homes tend to sell quickly.
How long do homes take to sell in Timmins?
Homes in Timmins take an average of 38 days to sell (days on market). The median days on market is 19. This is a moderate pace, typical of a balanced market.
What is the months of inventory in Timmins?
Timmins currently has 1.3 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 Timmins?
In Timmins, the median sale price is $0 above asking price. 44% of homes sold above asking and 45% sold below asking over the past 12 months. The sale-price-to-list-price ratio is 102%.
What are the real estate market trends in Timmins, Ontario?
The Timmins real estate market has prices trending downward with a median price of $378K in the most recent month. Prices changed +7.9% compared to the previous month. There were 38 sales in the month with an average of 30 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

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Direct Realty Ltd., Brokerage
MLS Data Provider
RECO Registered

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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 Timmins 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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