MidlandHousing market

Midland

Midland Housing Market Report

Strong Buyer's Market

All types - for the month of August

Buyer's market Seller's market

9

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

32

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*

153 active

New

56(+7.69% YoY)

Relisted

4(-20.00% YoY)

Compared to number of active, same period, in 2024: 89, in 2023: 52, in 2022: 35

Total Sold Listings*

18 sold

Median Sold Price

$487,500

Avg Days on Market

32 days

Median Bidding

-$16,450

Compared to number of sold, same period, in 2024: 32, in 2023: 40, in 2022: 20

*Data is for the month of August

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

Sold vs Active vs New vs Relisted - Midland - All types

Sold Price Distribution - Midland - All types

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

Property Type Distribution - Midland - All types

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

Median Price - Midland - All types

Just listed - Midland

Unknown for 758 Yonge St, Midland Ontario L4R 2E5

Re-listed 2 days ago

$•••,•••

758 Yonge St, Midland

Detached332500-3000 sq ft

Listed by PARKER COULTER REALTY BROKERAGE INC.

Home with brick exterior material, street for 778 William St #79, Midland Ontario L4R 4R8

Re-listed 3 days ago

$•••,•••

778 William St #79, Midland

Condo321000-1199 sq ft

Listed by RE/MAX By The Bay Brokerage

Unknown for 9752 County Road 93 Rd, Midland Ontario L4R 5K5

3 days on Market

9752 County Road 93 Rd, Midland

Detached11700-1100 sq ft

Listed by Keller Williams Co-Elevation Realty, Brokerage

Home with brick exterior material, street for 413 RUSS HOWARD Dr, Midland Ontario L4R 0A6

Re-listed 3 days ago

$•••,•••

413 RUSS HOWARD Dr, Midland

Detached2+232500-3000 sq ft

Listed by Revel Realty Inc

Home with brick exterior material, street for 343 Fifth St, Midland Ontario L4R 3W7

3 days on Market

343 Fifth St, Midland

Detached32700-1100 sq ft

Listed by Team Hawke Realty

Home with vinyl exterior material, street for 309 Lescaut Rd, Midland Ontario L4R 4R6

Sold conditionally for $625,000

309 Lescaut Rd, Midland

Detached3+221100-1500 sq ft

Listed by Keller Williams Experience Realty

Home with vinyl exterior material, street for 630 William St, Midland Ontario L4R 2T3

Re-listed 3 days ago

630 William St, Midland

Detached331500-2000 sq ft

Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 280 Aberdeen Blvd #111, Midland Ontario L4R 5N4

3 days on Market

280 Aberdeen Blvd #111, Midland

Condo11500-599 sq ft

Listed by KELLER WILLIAMS EXPERIENCE REALTY

Home with vinyl exterior material, street for 525 Midland Point Rd #49, Midland Ontario L4R 5G9

4 days on Market

525 Midland Point Rd #49, Midland

Detached31700-1100 sq ft

Listed by RE/MAX Georgian Bay Realty Ltd

Home with brick exterior material, street for 894 MONTREAL St, Midland Ontario L4R 5A7

Re-listed 4 days ago

$•••,•••

894 MONTREAL St, Midland

Detached3+131500-2000 sq ft

Listed by Revel Realty Inc

Just sold - Midland

Home with brick exterior material, street for 1262 Everton Rd, Midland Ontario L4R 5J5

Sold 15 hours ago

Sold for $620,000

$30K below asking

1262 Everton Rd, Midland

Detached311100-1500 sq ft

Listed by Team Hawke Realty

Unknown for 32 Northland Rd, Midland Ontario L4R 4B5

Sold for $295,000

$15K below asking

32 Northland Rd, Midland

Detached21700-1100 sq ft

Listed by RE/MAX Georgian Bay Realty Ltd

Home with vinyl exterior material, street for 266 Barnett Ave, Midland Ontario L4R 1N4

Sold 3 days ago

Sold for $373,000

$7K below asking

266 Barnett Ave, Midland

Detached21700-1100 sq ft

Listed by Team Hawke Realty

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 324 Norene St, Midland Ontario L4R 4C2

Sold 3 days ago

Sold for $455,000

$45K below asking

324 Norene St, Midland

Detached31700-1100 sq ft

Listed by RE/MAX Georgian Bay Realty Ltd

Bedroom with bed, wood/laminate floor for 658 Manly St, Midland Ontario L4R 3G5

Sold 7 days ago

Sold for $530,000

$29K below asking

658 Manly St, Midland

Detached3+121100-1500 sq ft

Listed by KELLER WILLIAMS REALTY CENTRES

Unknown for 262 Ruby St, Midland Ontario L4R 2L4

Sold 8 days ago

Sold for $430,000

$20K below asking

262 Ruby St, Midland

Detached31700-1100 sq ft

Listed by Keller Williams Experience Realty

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 1116 Everton Rd, Midland Ontario L4R 5H9

Sold 10 days ago

Sold for $730,000

$20K below asking

1116 Everton Rd, Midland

Detached2+221100-1500 sq ft

Listed by FARIS TEAM REAL ESTATE BROKERAGE

Home with vinyl exterior material, street for 730 Quebec St, Midland Ontario L4R 1E6

Sold 10 days ago

Sold for $405,000

730 Quebec St, Midland

Detached21700-1100 sq ft

Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY

Unknown for 361 Third St, Midland Ontario L4R 3S6

Sold 11 days ago

Sold for $480,000

$20K below asking

361 Third St, Midland

Townhouse421500-2000 sq ft

Listed by Keller Williams Experience Realty

Unknown for 671 Algonquin Dr, Midland Ontario L4R 4R5

Sold 12 days ago

Sold for $545,000

$15K below asking

671 Algonquin Dr, Midland

Detached2+12700-1100 sq ft

Listed by FARIS TEAM REAL ESTATE BROKERAGE

Population and Demographics

Overview

Total population 17454

Average household income $98,966

Age (%)

0 to 19

18%

20 to 34

16%

35 to 49

16%

50 to 64

22%

65 and plus

28%

Household composition (%)

Single family

61%

Single person

33%

Multi person

5%

Multi family

1%

Mother tongue (%)

English

91%

French

3%

Others

3%

German

1%

House tenancy (%)

Owners

66%

Renters

34%

Top 5 Schools in Midland

Monsignor Castex Separate School120 Penetanguishene Rd, L4R 4Z6, Midland, ON

6.5/10

Public•JK-8

Bayview Public School845 Ottawa St, L4R 1C9, Midland, ON

5.3/10

Public•JK-8

St Theresa's Separate School347 Galloway Blvd, L4R 5B2, Midland, ON

5.3/10

Public•9-12

Huron Park Public School425 Robert St, L4R 2M2, Midland, ON

4.4/10

Public•JK-8

Georgian Bay District Secondary School925 Hugel Avenue, L4R 1X8, Midland, ON

4/10

Public•9-12

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large 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