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MLS® listings · updated October 19, 2026 Buyer's market · 29/100

39 3 Bedroom Homes for Sale in Penetanguishene

Currently a buyer's market in Penetanguishene. Browse 95 MLS® listings, neighbourhood market stats, and recent sold history across Penetanguishene, Ontario.

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8 West Street, Penetanguishene: home for sale
8 West Street · $849,900Listed by Keller Williams Experience Realty, Brokerage

Penetanguishene at a glance

MLS® data

Homes for sale
39
For rent
1
Sold · 90 days
21
Average sold price · 90 days
$599,595

Market typeBuyer's market · 29/100

44 days on market (average) · 5.6 months of inventory

Full market report
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Zara · AI virtual agent

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

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AI-friendly answerUpdated daily from MLS®

Penetanguishene, Ontario has 95 homes listed for sale, 48 sold in the last 90 days and a 90-day median sold price of $572,500, 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.

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Map preview of Penetanguishene real estate listings
New in Penetanguishene

Newest 3 bedroom homes for sale in Penetanguishene

The newest MLS® listings, freshest first.

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More 3 bedroom homes for sale in Penetanguishene

Showing 1–24 of 39

All Penetanguishene MLS® listings

Market intelligence

3 bedroom home price trends & market temperature in Penetanguishene

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

Full Penetanguishene market breakdown
Market temperature

Penetanguishene is leaning toward a buyer's market

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

29
cool
Cool buyer's mktBalancedHot seller's mkt
  • Days on market
    44
    Lower = hotter
  • Months of inventory
    5.6
    Under 4 = hot
  • Closed (30d)
    21
    MLS® last 30 days
12-month trend

Average 3 bedroom home sold price in Penetanguishene

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

$599,595
+15.7% YoY
$623,143
Nov 25Sep 26
Zara's take · Penetanguishene
Penetanguishene is currently a leaning toward buyers.

The latest monthly average sold price is roughly 15.7% 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. Supply is at ~5.6 months — between the usual seller's and buyer's thresholds.

Practical takeaway

Buyers: you have real negotiating power right now. Sellers: consider pre-listing inspections and competitive pricing to stand out.

Generated from MLS® data — not investment advice.See the full report
Sold prices by bedroom

What 3-bedroom homes sell for in Penetanguishene

Average sold price of Penetanguishene homes over the last six months, by bedroom count. Bedroom counts with fewer than 5 sales are withheld.

BedroomsAverage sold price
2 bedrooms$609,663
3 bedrooms$605,682
4 bedrooms$716,458
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Browse by price

Penetanguishene homes for sale by price range

Active MLS® listings per price band.

  • Under $500K
    30
  • $500K – $750K
    35
  • $750K – $1M
    19
  • $1M – $1.5M
    4
  • $1.5M – $2M
    3
  • Over $2M
    4
Browse by type

Penetanguishene homes by property type

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

Browse by bedrooms

Penetanguishene listings by bedroom count

  • 1+ Bedroom
    80
  • 2+ Bedrooms
    72
  • 3+ Bedrooms
    47
  • 4+ Bedrooms
    8
  • 5+ Bedrooms
    1
Popular searches

Explore Penetanguishene real estate

Jump straight to the searches buyers and renters use most — each one updated daily from MLS® data.

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Popular Penetanguishene 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 Penetanguishene

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

About the market

Living in Penetanguishene, Ontario

Penetanguishene has 95 homes listed for sale on the MLS® right now. The largest groups are detached houses (62), townhouses (7), condos (7) and semi-detached houses (3). Another 7 homes are listed for rent.

Over the last 90 days, 48 homes sold in Penetanguishene at a median price of $572,500, after an average of 47 days on the market. Over the last six months, average sold prices were: detached houses $638,095 and townhouses $584,167.

At the current pace of sales, Penetanguishene's active listings would take about 5.9 months to sell — roughly balanced between buyers and sellers. Summitly's market gauge reads: Penetanguishene is leaning toward a buyer's market.

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

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The 5-step plan

How to buy a home in Penetanguishene

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 Penetanguishene. Summitly's mortgage partner, Mortgage Squad Advisors, can compare lenders for you.

  2. 2

    Browse MLS® listings in Penetanguishene

    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 Penetanguishene 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 Penetanguishene: your questions, answered

Answered with this page's own MLS® numbers.

  • How many homes are for sale in Penetanguishene right now?

    95 homes are listed for sale on the MLS® in Penetanguishene, including 62 detached houses, 7 townhouses and 7 condos.

  • What do homes sell for in Penetanguishene?

    Homes that sold in Penetanguishene over the last 90 days went for a median of $572,500 and an average of $592,225, across 48 sales. Prices vary widely by property type, size and neighbourhood.

  • How much does each type of home cost in Penetanguishene?

    Average sold prices in Penetanguishene over the last six months: detached houses $638,095 and townhouses $584,167.

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

    Homes that sold in Penetanguishene over the last 90 days spent an average of 47 days on the market.

  • Is Penetanguishene a buyer's or a seller's market?

    Penetanguishene is leaning toward a buyer's market. Penetanguishene has about 5.9 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 Penetanguishene?

    7 homes are listed for rent on the MLS® in Penetanguishene right now.

  • Where do these Penetanguishene 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 Penetanguishene, from showings and offers to closing. When you are ready to finance, you can compare mortgage options with our partner, Mortgage Squad Advisors.

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

Ready to make a move in Penetanguishene?

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