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MLS® listings · updated October 19, 2026 Balanced market · 52/100

Elliot Lake Homes for Sale & Real Estate

Elliot Lake has 79 homes and properties for sale on the MLS® right now. The median asking price for a home is $250,000. 1 new listing came on the market in the last 7 days. Detached houses are the largest share, at 71% of home listings.

Currently a balanced market in Elliot Lake. Browse 79 MLS® listings, neighbourhood market stats, and recent sold history across Elliot Lake, Ontario.

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8 Bailey Lane, Elliot Lake: home for sale
8 Bailey Lane · $139,999

Elliot Lake at a glance

MLS® data

Homes for sale
79
For rent
5
Sold · 90 days
74
Average sold price · 90 days
$231,025

Market typeBalanced market · 52/100

34 days on market (average) · 3.1 months of inventory

Zara, Summitly's AI virtual agent (AI-generated image)
Zara · AI virtual agent

Meet Zara · Elliot Lake

Ask Zara about any listing, neighbourhood, school zone, or sold comparable in Elliot Lake. Available 24/7 via chat or phone — no signup, no waiting.

How many homes are for sale in Elliot Lake?

79 homes are listed for sale in Elliot Lake on the MLS® right now. 1 of them were listed in the last 7 days.

Ask Zara a follow-up
How much does a home cost in Elliot Lake?

As of October 2026, homes for sale in Elliot Lake have an average asking price of $337,123 and a median of $250,000 across 75 MLS® listings. A detached house has a median asking price of $309,000, against $88,000 for a condo. Over the last 12 months, the median sold price was $210,250 across 194 sales.

Ask Zara a follow-up
Is Elliot Lake a buyer's or a seller's market?

Right now it reads as a balanced market: homes are taking about 34 days to sell and there are about 3.1 months of supply. That can change month to month, so ask before you make an offer.

Ask Zara a follow-up
AI-friendly answerUpdated daily from MLS®

Elliot Lake, Ontario has 79 homes listed for sale, 74 sold in the last 90 days and a 90-day median sold price of $220,000, from the MLS®. Through Mortgage Squad Advisors — Summitly's preferred mortgage partner — you can browse listings and talk to a licensed mortgage advisor in the same flow.

Search Ontario homes on the map

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Map preview of Elliot Lake real estate listings
New in Elliot Lake

Newest Elliot Lake MLS® listings

1 homes were listed for sale in Elliot Lake in the last 7 days. The newest first.

All new listings in Elliot Lake

More Elliot Lake listings

Showing 1–24 of 79

Home prices

Elliot Lake home prices

Asking prices of the Elliot Lake homes for sale on the MLS® today, by property type, with the median sold price over the last 12 months. Updated October 2026.

As of October 2026, homes for sale in Elliot Lake have an average asking price of $337,123 and a median of $250,000 across 75 MLS® listings. A detached house has a median asking price of $309,000, against $88,000 for a condo. Over the last 12 months, the median sold price was $210,250 across 194 sales.

Elliot Lake home prices by property type
TypeFor saleAverage askingMedian askingAsking $/sq ftMedian days listedMedian sold (12 mo)
All homes75$337,123$250,000$30757$210,250
Detached53$399,036$309,000$34355$249,900
Semi-detached14$202,807$207,450$30077$182,000
Townhouse5$175,640$169,900$17064$159,350
Condo3$139,267$88,000$8072$115,000

Asking figures are from active MLS® listings; $/sq ft uses listings that report a floor area. Sold figures are medians of at least 5 sales — individual sold prices are shown to signed-in members only.

12-month sold price trend in Elliot Lake

MonthAverage sold priceSales
November 2025$199,74218
December 2025$213,76913
January 2026$243,70814
February 2026$190,4867
March 2026$319,9297
April 2026$221,65511
May 2026$193,76411
June 2026$203,81217
July 2026$252,68127
August 2026$216,37520
September 2026$242,82924
October 2026$214,88520
Sold

Recently sold in Elliot Lake

How Elliot Lake homes have been selling, from MLS® sales. Prices are aggregates of at least 5 sales; sign in to see individual sold prices and dates.

See recently sold homes in Elliot Lake
  • Sold in the last 90 days
    74
  • Median sold price (90 days)
    $220,000
  • Average days on market
    34 days
  • Homes sold (12 months)
    194
Market intelligence

Home price trends & market temperature in Elliot Lake

Composite hotness score, the year-long sold-price line, and a plain-English read on the data from Zara, our real estate AI.

Full Elliot Lake market breakdown
Market temperature

Elliot Lake is a balanced market

Composite score derived from days-on-market and months-of-inventory signals.

52
balanced
Cool buyer's mktBalancedHot seller's mkt
  • Days on market
    34
    Lower = hotter
  • Months of inventory
    3.1
    Under 4 = hot
  • Closed (30d)
    76
    MLS® last 30 days
12-month trend

Average sold price in Elliot Lake

Last 12 months of MLS® closed transactions, average per month.

$231,025
+7.6% YoY
$214,885
Nov 25Oct 26
Zara's take · Elliot Lake
Elliot Lake is currently a balanced market.

The latest monthly average sold price is roughly 7.6% higher than 12 months earlier. Monthly averages move with the mix of homes that sold, so treat this as a direction rather than a precise change. Inventory is tight at ~3.1 months of supply.

Practical takeaway

Buyers: you have time to make a measured decision and negotiate. Sellers: presentation and pricing strategy matter more than timing.

Generated from MLS® data — not investment advice.See the full report
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Browse by price

Elliot Lake homes for sale by price range

Active MLS® listings per price band.

  • Under $500K
    65
  • $500K – $750K
    5
  • $750K – $1M
    7
  • $1M – $1.5M
    0
  • $1.5M – $2M
    1
  • Over $2M
    1
Browse by type

Elliot Lake homes by property type

Detached, semi-detached, townhouse, condo, multi-family and commercial inventory — all in one view.

Browse by bedrooms

Elliot Lake listings by bedroom count

  • 1+ Bedroom
    72
  • 2+ Bedrooms
    69
  • 3+ Bedrooms
    45
  • 4+ Bedrooms
    4
  • 5+ Bedrooms
    1
Browse by intent

Popular Elliot Lake searches

The way buyers really search — new listings, price drops, with pool, finished basement, fixer-uppers, and more. One tap drops you on the map with that filter applied.

By postal code

Most-active postal codes in Elliot Lake

Forward Sortation Areas (the first 3 characters of a Canadian postal code) ranked by current MLS® inventory.

About the market

Living in Elliot Lake, Ontario

Elliot Lake has 79 homes listed for sale on the MLS® right now. The largest groups are detached houses (50), semi-detached houses (13), townhouses (4) and condos (3). Another 5 homes are listed for rent.

Over the last 90 days, 76 homes sold in Elliot Lake at a median price of $220,000, after an average of 34 days on the market. Over the last six months, average sold prices were: detached houses $266,659, semi-detached houses $191,303, townhouses $156,015 and condos $125,271.

At the current pace of sales, Elliot Lake's active listings would take about 3.1 months to sell — a tight supply that usually favours sellers. Summitly's market gauge reads: Elliot Lake is a balanced market.

Looking for a licensed agent? Compare Elliot Lake real estate agents — free to use. How your agent is paid is set out in your buyer representation agreement.

Own a home in Elliot Lake? What's my Elliot Lake home worth? · Recently sold in Elliot Lake · Estimate your selling costs

Automated estimate from recent area sales. Sign in or create a free account to see it, and we'll email the full report.

Buying guide

Buying a home in Elliot Lake

What buying at Elliot Lake's typical asking price costs on top of the price itself, from Ontario's current rules.

  • Land transfer tax in Elliot Lake

    On Elliot Lake's median asking price of $250,000, Ontario land transfer tax is $2,225. Elliot Lake has no municipal land transfer tax; the same home in Toronto would add $2,225 of MLTT.

  • First-time buyer refunds

    First-time buyers get up to $4,000 of the provincial tax refunded — $2,225 at this price, leaving $0 to pay.

  • Minimum down payment

    At $250,000, the minimum down payment is $12,500 (5.0% of the price).

The 5-step plan

How to buy a home in Elliot Lake

The steps Summitly's licensed advisors walk buyers through.

  1. 1

    Get pre-approved

    Confirm your maximum purchase price and hold a rate before you start touring properties in Elliot Lake. Summitly's mortgage partner, Mortgage Squad Advisors, can compare lenders for you.

  2. 2

    Browse MLS® listings in Elliot Lake

    Use the price, property-type and bedroom tiles on this page to narrow inventory, or draw your own search area on the map.

  3. 3

    Tour homes with a licensed agent

    Summitly can connect you with a Elliot Lake agent at Coldwell Banker Summit Realty, or you can work with your existing REALTOR®.

  4. 4

    Make an informed offer

    Compare the asking price with recent sold prices for similar homes nearby — Zara, our real estate AI, can pull comparables for any address.

  5. 5

    Close

    Your lender, real estate lawyer and agent coordinate the closing so the keys are released on your closing date.

Frequently asked questions

Buying and selling in Elliot Lake: your questions, answered

Answered with this page's own MLS® numbers.

  • What is the average house price in Elliot Lake?

    The average asking price of a home for sale in Elliot Lake is $337,123 as of October 2026, across 75 MLS® listings (median $250,000). Homes that sold in the last 90 days averaged $231,025 over 76 sales. Detached houses average $399,036.

  • How many homes are for sale in Elliot Lake right now?

    79 homes are listed for sale on the MLS® in Elliot Lake, including 50 detached houses, 13 semi-detached houses and 4 townhouses.

  • What do homes sell for in Elliot Lake?

    Homes that sold in Elliot Lake over the last 90 days went for a median of $220,000 and an average of $231,025, across 76 sales. Prices vary widely by property type, size and neighbourhood.

  • How much does each type of home cost in Elliot Lake?

    Average sold prices in Elliot Lake over the last six months: detached houses $266,659, semi-detached houses $191,303, townhouses $156,015 and condos $125,271.

  • How long does it take to sell a home in Elliot Lake?

    Homes that sold in Elliot Lake over the last 90 days spent an average of 34 days on the market.

  • Is Elliot Lake a buyer's or a seller's market?

    Elliot Lake is a balanced market. Elliot Lake has about 3.1 months of inventory (active listings divided by monthly sales); under four months usually favours sellers and over six favours buyers.

  • How many homes are for rent in Elliot Lake?

    5 homes are listed for rent on the MLS® in Elliot Lake right now.

  • Where do these Elliot Lake numbers come from?

    Listing counts are MLS® counts, updated daily. Sold prices and days on market come from MLS® sales closed in the last 90 days; a figure based on fewer than 5 sales is withheld.

Licensed Ontario real estate brokerage

Coldwell Banker Summit Realty, Brokerage

Coldwell Banker Summit Realty, Brokerage is registered with the Real Estate Council of Ontario (RECO). Its licensed agents can help you buy, sell or lease in Elliot Lake, from showings and offers to closing. When you are ready to finance, you can compare mortgage options with our partner, Mortgage Squad Advisors.

  • RECO-registered brokerage
  • Licensed agents
  • Zara, AI virtual agent

Coldwell Banker Summit Realty, Brokerage. Waqar Afzal, Broker of Record. Each office is independently owned and operated.

Ready to make a move in Elliot Lake?

Estimate what you can afford, talk to a licensed mortgage advisor about pre-approval, or ask Zara for a personal affordability snapshot.