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MLS® listings · updated October 22, 2026 Buyer's market · 24/100

Severn Homes for Sale & Real Estate

Severn has 241 homes and properties for sale on the MLS® right now. The median asking price for a home is $865,000. 13 new listings came on the market in the last 7 days. Detached houses are the largest share, at 97% of home listings.

Currently a buyer's market in Severn. Browse 240 MLS® listings, neighbourhood market stats, and recent sold history across Severn, Ontario.

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1935 Mcleod Drive, Severn: home for sale
1935 Mcleod Drive · $1,695,000Listed by Sotheby's International Realty Canada, Brokerage

Severn at a glance

MLS® data

Homes for sale
241
For rent
15
Sold · 90 days
110
Average sold price · 90 days
$790,354

Market typeBuyer's market · 24/100

42 days on market (average) · 6.6 months of inventory

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

Meet Zara · Severn

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

How many homes are for sale in Severn?

241 homes are listed for sale in Severn on the MLS® right now. 13 of them were listed in the last 7 days.

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

As of October 2026, homes for sale in Severn have an average asking price of $1,045,482 and a median of $865,000 across 175 MLS® listings. A detached house has a median asking price of $890,000. Over the last 12 months, the median sold price was $755,000 across 229 sales.

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

Right now it reads as a buyer's market: homes are taking about 42 days to sell and there are about 6.6 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 Severn?

4 homes have had the asking price cut in the last two weeks. See them in the price drops row above.

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

Severn, Ontario has 240 homes listed for sale, 110 sold in the last 90 days and a 90-day median sold price of $737,500, 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 Severn real estate listings
New in Severn

Newest Severn MLS® listings

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

All new listings in Severn

More Severn listings

Showing 1–24 of 241

Price drops

Recently reduced in Severn

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

All price-reduced homes in Severn
Home prices

Severn home prices

Asking prices of the Severn 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 Severn have an average asking price of $1,045,482 and a median of $865,000 across 175 MLS® listings. A detached house has a median asking price of $890,000. Over the last 12 months, the median sold price was $755,000 across 229 sales.

Severn home prices by property type
TypeFor saleAverage askingMedian askingAsking $/sq ftMedian days listedMedian sold (12 mo)
All homes175$1,045,482$865,000$65045$755,000
Detached169$1,060,399$890,000$65649$757,500
Townhouse3$434,000$599,999$63529Not enough recent sales
Multi-family3$816,633$775,000$48883Not 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 Severn

MonthAverage sold priceSales
November 2025$674,41118
December 2025$883,54522
January 2026$795,99314
February 2026Not enough recent sales2
March 2026$616,29212
April 2026$727,26018
May 2026$686,66118
June 2026$910,09624
July 2026$812,13524
August 2026$821,74432
September 2026$794,70935
October 2026$755,53233
Sold

Recently sold in Severn

How Severn 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 Severn
  • Sold in the last 90 days
    110
  • Median sold price (90 days)
    $737,500
  • Average days on market
    42 days
  • Homes sold (12 months)
    229
Market intelligence

Home price trends & market temperature in Severn

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

Full Severn market breakdown
Market temperature

Severn is leaning toward a buyer's market

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

24
cool
Cool buyer's mktBalancedHot seller's mkt
  • Days on market
    42
    Lower = hotter
  • Months of inventory
    6.6
    Under 4 = hot
  • Closed (30d)
    110
    MLS® last 30 days
12-month trend

Average sold price in Severn

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

$790,354
+12.0% YoY
$755,532
Nov 25Oct 26
Zara's take · Severn
Severn is currently a leaning toward buyers.

The latest monthly average sold price is roughly 12.0% 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 generous at ~6.6 months — more room to negotiate.

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

Severn homes for sale by price range

Active MLS® listings per price band.

  • Under $500K
    58
  • $500K – $750K
    55
  • $750K – $1M
    51
  • $1M – $1.5M
    41
  • $1.5M – $2M
    20
  • Over $2M
    16
Browse by type

Severn homes by property type

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

Browse by bedrooms

Severn listings by bedroom count

  • 1+ Bedroom
    182
  • 2+ Bedrooms
    180
  • 3+ Bedrooms
    133
  • 4+ Bedrooms
    41
  • 5+ Bedrooms
    13
Browse by intent

Popular Severn 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.

Neighbourhoods

Most-searched neighbourhoods in Severn

Where the action is right now — ranked by active MLS® inventory.

By postal code

Most-active postal codes in Severn

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

About the market

Living in Severn, Ontario

Severn has 240 homes listed for sale on the MLS® right now. The largest groups are detached houses (164), townhouses (3) and multi-family homes (2). Another 15 homes are listed for rent.

Over the last 90 days, 110 homes sold in Severn at a median price of $737,500, after an average of 42 days on the market.

At the current pace of sales, Severn's active listings would take about 6.5 months to sell — a generous supply that usually gives buyers room to negotiate. Summitly's market gauge reads: Severn is leaning toward a buyer's market.

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

Own a home in Severn? What's my Severn home worth? · Recently sold in Severn · 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 Severn

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

  • Land transfer tax in Severn

    On Severn's median asking price of $865,000, Ontario land transfer tax is $13,775. Severn has no municipal land transfer tax; the same home in Toronto would add $13,775 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 $9,775 to pay.

  • Minimum down payment

    At $865,000, the minimum down payment is $61,500 (7.1% of the price).

The 5-step plan

How to buy a home in Severn

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

  2. 2

    Browse MLS® listings in Severn

    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 Severn 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 Severn: your questions, answered

Answered with this page's own MLS® numbers.

  • What is the average house price in Severn?

    The average asking price of a home for sale in Severn is $1,045,482 as of October 2026, across 175 MLS® listings (median $865,000). Homes that sold in the last 90 days averaged $790,354 over 110 sales. Detached houses average $1,060,399.

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

    240 homes are listed for sale on the MLS® in Severn, including 164 detached houses, 3 townhouses and 2 multi-family homes.

  • What do homes sell for in Severn?

    Homes that sold in Severn over the last 90 days went for a median of $737,500 and an average of $790,354, across 110 sales. Prices vary widely by property type, size and neighbourhood.

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

    Homes that sold in Severn over the last 90 days spent an average of 42 days on the market.

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

    Severn is leaning toward a buyer's market. Severn has about 6.5 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 Severn?

    15 homes are listed for rent on the MLS® in Severn right now.

  • Where do these Severn 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 Severn, 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 Severn?

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