Owen SoundHousing market

Owen Sound

Owen Sound Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

5

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

71

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

96 active

New

54(+8.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 89, in 2023: 12, in 2022: 9

Total Sold Listings*

20 sold

Median Sold Price

$549,000

Avg Days on Market

71 days

Median Bidding

-$14,450

Compared to number of sold, same period, in 2024: 21, in 2023: 29, in 2022: 30

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Owen Sound - All types

Sold vs Active vs New vs Relisted - Owen Sound - All types

Sold Price Distribution - Owen Sound - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Owen Sound - All types

Property type distribution based on data from the last 3 months.

Median Price - Owen Sound - All types

Just listed - Owen Sound

Home with brick exterior material, street for 1160 12th St, Owen Sound Ontario N4K 5Y6

4 hours on market

1160 12th St, Owen Sound

Semi-Detached3+12700-1100 sq ft

Listed by Sutton-Sound Realty

Home with brick exterior material, building for 525 9th St, Owen Sound Ontario N4K 1P4

6 hours on market

525 9th St, Owen Sound

Detached633000-3500 sq ft

Listed by Ron Hopper Real Estate Ltd.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 620 17th St, Owen Sound Ontario N4K 4B8

22 hours on market

620 17th St, Owen Sound

Semi-Detached2+22700-1100 sq ft

Listed by EXP REALTY

Just sold - Owen Sound

Home with brick exterior material, street for 1405 13th Ave, Owen Sound Ontario N4K 6L3

Sold 22 hours ago

Sold for $480,000

1405 13th Ave, Owen Sound

Detached3+12700-1100 sq ft

Listed by Sutton-Sound Realty

Blurry image for 1550 12 Ave #206, Owen Sound Ontario N4K 6Z3

Sold 22 hours ago

Sold for $353,211

1550 12 Ave #206, Owen Sound

Condo21800-899 sq ft

Listed by Sutton-Sound Realty

Home with vinyl exterior material, street for 590 7th St, Owen Sound Ontario N4K 1J6

Sold 2 days ago

Sold for $435,000

$11K below asking

590 7th St, Owen Sound

Detached32700-1100 sq ft

Listed by RE/MAX Land Exchange Ltd.

Population and Demographics

Overview

Total population 19772

Average household income $97,720

Age (%)

65 and plus

27%

50 to 64

21%

0 to 19

19%

20 to 34

17%

35 to 49

16%

Household composition (%)

Single family

57%

Single person

40%

Multi person

3%

Multi family

0%

Mother tongue (%)

English

96%

Others

3%

French

1%

House tenancy (%)

Owners

59%

Renters

41%

Top 5 Schools in Owen Sound

Alexandra Community School1556 8th Ave E, N4K 3B6, Owen Sound, ON

5.9/10

Public•JK-8

St Mary's High School555 15th St E, N4K 1X2, Owen Sound, ON

5.8/10

Public•9-12

Owen Sound District Secondary School Secondary School750 9th St W, N4K 3P6, Owen Sound, ON

5.7/10

Public•9-12

East Ridge Community School1550 8th Street, N4K 0A2, Owen Sound, ON

5.2/10

Public•JK-8

École Élémentaire Catholique St-Dominique-Savio800 23e est rue, N4K 6Z5, Owen Sound, ON

5.1/10

Public•JK-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance