Peterborough

Peterborough, Ontario, Canada

Market snapshot

As of August 12, 2026, the median asking price in Peterborough is $599,900, across 413 active MLS® listings.

Those listings have been on the market an average of 110 days.

121 new listings came to market in Peterborough in the last 30 days.

Asking prices work out to about $211 per square foot, based on the 86 listings that report floor area.

Detached homes in Peterborough are listed at an average of $669,208 across 227 active listings.

Homes in Peterborough are listed at an average of $1,438,780 across 34 active listings.

Townhouses in Peterborough are listed at an average of $585,257 across 31 active listings.

Condos in Peterborough are listed at an average of $523,796 across 27 active listings.

About Peterborough

The Peterborough neighbourhood (often referring to the city’s central core around Downtown and nearby older residential areas) is characterized by a mix of historic brick homes, mid-century detached houses, low-rise rentals, and pockets of newer infill. It attracts a broad renter base including Trent University and Fleming College students, hospital and public-sector workers, and households priced out of the GTA who still want walkable amenities. Key draws include the downtown shops and restaurants, Del Crary Park/Little Lake waterfront, the Otonabee River trails, and proximity to major employers like Peterborough Regional Health Centre.

Amenities are strong for day-to-day living with big-box retail along Lansdowne Street, recreation facilities, and a growing food/arts scene downtown. School options include a range of Kawartha Pine Ridge DSB and PVNCCDSB schools (with French immersion and Catholic options depending on catchment), and post-secondary access is a major demand driver for rentals. Transit is served by Peterborough Transit with local bus routes converging downtown; car access is straightforward via Highway 115 to the GTA. Real estate trends have been influenced by post-2020 in-migration and interest-rate sensitivity: prices cooled from peak levels but have shown resilience relative to smaller Ontario markets due to steady rental demand and constrained supply of well-located housing. Investors typically see best performance in well-maintained duplexes/converted singles and modest detached homes near transit and downtown, balancing tenant demand against higher upkeep common in older housing stock.

Market pulse

Peterborough’s market currently has 447 active listings with a median asking price of $613,950 and an average of $219/sqft, giving buyers and investors a broad selection and clear pricing benchmarks. Homes are taking an average of 107 days to sell, and with 127 new listings added in the past 30 days, conditions suggest steady supply and more negotiating leverage for value-focused buyers and yield-minded investors.

Getting around

Walk Score 83 · Bike Score 87

Frequently asked questions about Peterborough

What is the average home price in Peterborough?

The median asking price in Peterborough is $599,900, across 413 active MLS® listings as of August 12, 2026. The average asking price is $692,335. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Peterborough?

There are 413 active MLS® listings in Peterborough as of August 12, 2026. 121 of them came to market in the last 30 days.

How long do homes stay on the market in Peterborough?

Homes currently listed in Peterborough have been on the market an average of 110 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

What types of homes are for sale in Peterborough?

Of the 413 homes currently listed in Peterborough, 55% detached houses, 8% townhouses, 7% condos, 4% vacant land.

Is Peterborough walkable?

Peterborough has a Walk Score of 83 out of 100, which Walk Score classifies as Very Walkable — most errands can be accomplished on foot. Bike Score is 87.

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How these figures are calculated