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MLS® listings · updated October 16, 2026 Balanced market · 35/100

14 Single Family Homes for Sale in Terrace Bay

Currently a balanced market in Terrace Bay. Browse 26 MLS® listings, neighbourhood market stats, and recent sold history across Terrace Bay, Ontario.

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6 Kenogami Road, Terrace Bay: home for sale
6 Kenogami Road · $139,900Listed by REMAX Generations Realty, Brokerage

Terrace Bay at a glance

MLS® data

Homes for sale
14
For rent
0
Sold · 90 days
12
Average sold price · 90 days
$176,200

Market typeBalanced market · 35/100

51 days on market (average) · 3.5 months of inventory

Full market report
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Zara · AI virtual agent

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AI-friendly answerUpdated daily from MLS®

Terrace Bay, Ontario has 26 homes listed for sale, 14 sold in the last 90 days and a 90-day median sold price of $136,200, 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 Terrace Bay real estate listings
New in Terrace Bay

Newest single family homes for sale in Terrace Bay

The newest MLS® listings, freshest first.

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More single family homes for sale in Terrace Bay

All Terrace Bay MLS® listings

Market intelligence

Single family home price trends & market temperature in Terrace Bay

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

Full Terrace Bay market breakdown
Market temperature

Terrace Bay is a balanced market

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

35
balanced
Cool buyer's mktBalancedHot seller's mkt
  • Days on market
    51
    Lower = hotter
  • Months of inventory
    3.5
    Under 4 = hot
  • Closed (30d)
    12
    MLS® last 30 days
12-month trend

Average single family home sold price in Terrace Bay

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

$176,200
Not enough closed-transaction data
Oct 26Oct 26
Zara's take · Terrace Bay
Terrace Bay is currently a balanced market.

There isn't enough monthly sales data yet for a 12-month price comparison. Inventory is tight at ~3.5 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

Terrace Bay homes for sale by price range

Active MLS® listings per price band.

  • Under $500K
    25
  • $500K – $750K
    1
  • $750K – $1M
    0
  • $1M – $1.5M
    0
  • $1.5M – $2M
    0
  • Over $2M
    0
Browse by type

Terrace Bay homes by property type

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

Browse by bedrooms

Terrace Bay listings by bedroom count

  • 1+ Bedroom
    14
  • 2+ Bedrooms
    14
  • 3+ Bedrooms
    11
  • 4+ Bedrooms
    1
  • 5+ Bedrooms
    0
Popular searches

Explore Terrace Bay real estate

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

Browse by intent

Popular Terrace Bay 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 Terrace Bay

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

About the market

Living in Terrace Bay, Ontario

Terrace Bay has 26 homes listed for sale on the MLS® right now. The largest groups are detached houses (14). Another 3 homes are listed for rent.

Over the last 90 days, 14 homes sold in Terrace Bay at a median price of $136,200, after an average of 50 days on the market.

At the current pace of sales, Terrace Bay's active listings would take about 5.6 months to sell — roughly balanced between buyers and sellers. Summitly's market gauge reads: Terrace Bay is leaning toward a buyer's market.

Looking for a licensed agent? Compare Terrace Bay 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 Terrace Bay

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

  2. 2

    Browse MLS® listings in Terrace Bay

    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 Terrace Bay 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 Terrace Bay: your questions, answered

Answered with this page's own MLS® numbers.

  • How many homes are for sale in Terrace Bay right now?

    26 homes are listed for sale on the MLS® in Terrace Bay, including 14 detached houses.

  • What do homes sell for in Terrace Bay?

    Homes that sold in Terrace Bay over the last 90 days went for a median of $136,200 and an average of $154,457, across 14 sales. Prices vary widely by property type, size and neighbourhood.

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

    Homes that sold in Terrace Bay over the last 90 days spent an average of 50 days on the market.

  • Is Terrace Bay a buyer's or a seller's market?

    Terrace Bay is leaning toward a buyer's market. Terrace Bay has about 5.6 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 Terrace Bay?

    3 homes are listed for rent on the MLS® in Terrace Bay right now.

  • Where do these Terrace Bay 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 Terrace Bay, 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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Coldwell Banker Summit Realty, Brokerage. Waqar Afzal, Broker of Record. Each office is independently owned and operated.

Ready to make a move in Terrace Bay?

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