Peterborough

Peterborough, Ontario, Canada

Market snapshot

As of September 7, 2026, the median asking price in Peterborough is $599,900, across 396 active MLS® listings.

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

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

Asking prices work out to about $209 per square foot, based on the 74 listings that report floor area.

Detached homes in Peterborough are listed at an average of $669,764 across 221 active listings.

Homes in Peterborough are listed at an average of $1,403,967 across 30 active listings.

Condos in Peterborough are listed at an average of $494,014 across 28 active listings.

Townhouses in Peterborough are listed at an average of $570,481 across 28 active listings.

About Peterborough

Peterborough (the central neighbourhood around Downtown and the historic core) is an older, walkable area with a mix of heritage single-detached homes, duplexes/triplexes, low-rise apartments, and some newer infill. Demographically it skews toward renters, students, and young professionals alongside long-time residents, supported by a concentration of services, restaurants, arts venues, and employment in the core. Investor-relevant demand is anchored by proximity to Trent University (north end access via major corridors), Fleming College (citywide draw), and the downtown office/health and social-services ecosystem, which tends to keep smaller-unit rental demand resilient.

Key amenities include the downtown shopping and dining district, parks and trails near the Otonabee River, and quick access to Lansdowne and Chemong retail corridors. Schools in and around the core include several public and Catholic options (with broader choice across the city), and commuting is supported by Peterborough Transit’s hub-and-spoke routes centered on the downtown terminal; most errands are feasible by transit or short drive, though car ownership remains common. The real estate market here typically trades at a discount to newer suburban stock, with value-add opportunities through legalizing secondary suites, improving energy efficiency, and updating older interiors; however, older building condition, tenant-quality variability, and micro-location differences block-by-block create higher dispersion in performance than the suburbs. Recent pricing has been steadier than the 2020–2022 surge period, while rents have remained firm due to tight vacancy and student/entry-level workforce demand.

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 80

Frequently asked questions about Peterborough

What is the average home price in Peterborough?

The median asking price in Peterborough is $599,900, across 396 active MLS® listings as of September 7, 2026. The average asking price is $686,986. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Peterborough?

There are 396 active MLS® listings in Peterborough as of September 7, 2026. 114 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 September 7, 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 396 homes currently listed in Peterborough, 56% detached houses, 7% condos, 7% townhouses, 5% 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 80.

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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo

Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

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