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MLS® listings · updated October 22, 2026 Buyer's market · 25/100

Penetanguishene Homes for Sale & Real Estate

Penetanguishene has 93 homes and properties for sale on the MLS® right now. The median asking price for a home is $694,389. 7 new listings came on the market in the last 7 days. Detached houses are the largest share, at 78% of home listings.

Currently a buyer's market in Penetanguishene. Browse 92 MLS® listings, neighbourhood market stats, and recent sold history across Penetanguishene, Ontario.

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32 Maria Street, Penetanguishene: home for sale
32 Maria Street · $659,900Listed by Royal LePage In Touch Realty

Penetanguishene at a glance

MLS® data

Homes for sale
93
For rent
7
Sold · 90 days
48
Average sold price · 90 days
$592,225

Market typeBuyer's market · 25/100

47 days on market (average) · 5.8 months of inventory

Full market report

Fresh on the market

New listings today in Penetanguishene

2 of the 8 newest MLS® listings below went live today. Newest first.

  1. 32 Maria Street, Penetanguishene, ON L9M 1L7, PenetanguisheneListed today · 3 bd · 3 ba · Multiplex$659,900
  2. 18 Brock Street, Penetanguishene, ON L9M 1R9, PenetanguisheneListed today · 2 bd · 1 ba · Detached$419,777
  3. 8 West Street, Penetanguishene, ON L9M 1R4, PenetanguisheneListed Oct 19 · 3 bd · 3 ba · Detached$849,900
  4. 16 Brule Street, Penetanguishene, ON L9M 1B2, PenetanguisheneListed Oct 19 · 2 bd · 2 ba · Detached$599,900
  5. 1 Hallen Drive, Penetanguishene, ON L9M 1G2, PenetanguisheneListed Oct 16 · 3 bd · 3 ba · Detached$765,000
  6. 70 Main Street, Penetanguishene, ON L9M 1T4, PenetanguisheneListed Oct 16 · 0 bd · 3 ba · Commercial Retail$749,900
  7. 476 Champlain Road, Penetanguishene, ON L9M 1S5, PenetanguisheneListed Oct 16 · 4 bd · 3 ba · Detached$2,349,900
  8. 51 Beck Boulevard, Penetanguishene, ON L9M 1E2, PenetanguisheneListed Oct 16 · 3 bd · 2 ba · Detached$649,900

See them with photos

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Zara · AI virtual agent

Meet Zara · Penetanguishene

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

How many homes are for sale in Penetanguishene?

93 homes are listed for sale in Penetanguishene on the MLS® right now. 7 of them were listed in the last 7 days.

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

As of October 2026, homes for sale in Penetanguishene have an average asking price of $813,079 and a median of $694,389 across 82 MLS® listings. A detached house has a median asking price of $724,900, against $429,000 for a condo. Over the last 12 months, the median sold price was $600,000 across 125 sales.

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

Right now it reads as a buyer's market: homes are taking about 47 days to sell and there are about 5.8 months of supply. That can change month to month, so ask before you make an offer.

Ask Zara a follow-up
Are prices coming down in Penetanguishene?

1 home has had the asking price cut in the last two weeks. See them in the price drops row above.

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AI-friendly answerUpdated daily from MLS®

Penetanguishene, Ontario has 92 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.

Search Ontario homes on the map

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Map preview of Penetanguishene real estate listings
New in Penetanguishene

Newest Penetanguishene MLS® listings

7 homes were listed for sale in Penetanguishene in the last 7 days. The newest first.

All new listings in Penetanguishene

More Penetanguishene listings

Showing 1–24 of 93

Price drops

Recently reduced in Penetanguishene

Homes whose asking price came down in the last two weeks, most recent cut first.

All price-reduced homes in Penetanguishene
Home prices

Penetanguishene home prices

Asking prices of the Penetanguishene 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 Penetanguishene have an average asking price of $813,079 and a median of $694,389 across 82 MLS® listings. A detached house has a median asking price of $724,900, against $429,000 for a condo. Over the last 12 months, the median sold price was $600,000 across 125 sales.

Penetanguishene home prices by property type
TypeFor saleAverage askingMedian askingAsking $/sq ftMedian days listedMedian sold (12 mo)
All homes82$813,079$694,389$51747$600,000
Detached64$896,318$724,900$55054$622,500
Semi-detached3$436,300$450,000$40958Not enough recent sales
Townhouse6$580,800$617,450$48322$600,000
Condo6$442,580$429,000$45539$510,000
Multi-family3$619,633$659,900$33025Not enough recent sales

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 Penetanguishene

MonthAverage sold priceSales
November 2025$653,91715
December 2025$674,7867
January 2026$602,5006
February 2026$471,2867
March 2026Not enough recent sales3
April 2026$580,5007
May 2026$610,3336
June 2026$625,21715
July 2026$617,02917
August 2026$526,77914
September 2026$596,85020
October 2026$672,8008
Sold

Recently sold in Penetanguishene

How Penetanguishene 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 Penetanguishene
  • Sold in the last 90 days
    48
  • Median sold price (90 days)
    $572,500
  • Average days on market
    47 days
  • Homes sold (12 months)
    125
Market intelligence

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.

25
cool
Cool buyer's mktBalancedHot seller's mkt
  • Days on market
    47
    Lower = hotter
  • Months of inventory
    5.8
    Under 4 = hot
  • Closed (30d)
    48
    MLS® last 30 days
12-month trend

Average sold price in Penetanguishene

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

$592,225
+2.9% YoY
$672,800
Nov 25Oct 26
Zara's take · Penetanguishene
Penetanguishene is currently a leaning toward buyers.

The latest monthly average sold price is within ±4% of 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 ~5.8 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
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Browse by price

Penetanguishene homes for sale by price range

Active MLS® listings per price band.

  • Under $500K
    29
  • $500K – $750K
    35
  • $750K – $1M
    18
  • $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
    78
  • 2+ Bedrooms
    70
  • 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.

Browse by intent

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 92 homes listed for sale on the MLS® right now. The largest groups are detached houses (62), condos (6), townhouses (5) 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 5.8 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.

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

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Buying guide

Buying a home in Penetanguishene

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

  • Land transfer tax in Penetanguishene

    On Penetanguishene's median asking price of $694,389, Ontario land transfer tax is $10,363. Penetanguishene has no municipal land transfer tax; the same home in Toronto would add $10,363 of MLTT.

  • First-time buyer refunds

    First-time buyers get up to $4,000 of the provincial tax refunded — $4,000 at this price, leaving $6,363 to pay.

  • Minimum down payment

    At $694,389, the minimum down payment is $44,439 (6.4% of the price).

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.

  • What is the average house price in Penetanguishene?

    The average asking price of a home for sale in Penetanguishene is $813,079 as of October 2026, across 82 MLS® listings (median $694,389). Homes that sold in the last 90 days averaged $592,225 over 48 sales. Detached houses average $896,318.

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

    92 homes are listed for sale on the MLS® in Penetanguishene, including 62 detached houses, 6 condos and 5 townhouses.

  • 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 5.8 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.

  • RECO-registered brokerage
  • Licensed agents
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Contact a licensed agentChat with Zara (AI) instead

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

Ready to make a move in Penetanguishene?

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

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