Cavan Monaghan, Ontario, Canada
As of August 12, 2026, the median asking price in Cavan Monaghan is $863,950, across 63 active MLS® listings.
Those listings have been on the market an average of 85 days.
19 new listings came to market in Cavan Monaghan in the last 30 days.
Asking prices work out to about $159 per square foot, based on the 4 listings that report floor area.
Detached homes in Cavan Monaghan are listed at an average of $1,018,523 across 42 active listings.
Vacant land in Cavan Monaghan are listed at an average of $726,363 across 11 active listings.
Cavan Monaghan is a largely rural township on the southwest edge of Peterborough County, characterized by small hamlets (such as Millbrook and Cavan) and estate-lot subdivisions set among farmland, conservation areas, and the Oak Ridges Moraine. The area skews toward families and move-up/downsize buyers seeking more space, privacy, and a quieter lifestyle while still being within commuting range of the GTA and Durham Region. Amenities are concentrated in Millbrook (everyday retail, dining, community services), with broader shopping, healthcare, and entertainment in nearby Peterborough; outdoor recreation is a major draw, including local trails, golf, and access to nearby conservation lands.
Schools typically include local public and Catholic options serving Millbrook and surrounding areas, with specialized services and additional secondary choices more readily available in Peterborough. Transit is primarily car-dependent; Highway 115/35 is the key connector, providing relatively efficient access to Peterborough and connections toward the 401 corridor, which supports commuter demand. Real estate is dominated by detached homes, acreages, and newer low-density builds; supply tends to be tight, and prices can be more volatile than core urban markets due to fewer transactions and the premium for move-in-ready properties. Recent market trends in the broader Peterborough/commuter belt suggest moderate price recovery following the 2022-23 cooling, while rents remain supported by limited purpose-built rental stock and spillover demand from Peterborough and Durham.
Cavan Monaghan’s market currently has 297 active listings with a median asking price of $634,500 and an average of $201 per sq ft, giving buyers a fairly broad selection across price points. With homes averaging 66 days on market and 98 new listings added in the past 30 days, conditions suggest a more deliberate pace that can create negotiating room for buyers, while investors may find opportunities by focusing on well-priced properties that can stand out amid steady incoming supply.
Walk Score 0 · Bike Score 25
The median asking price in Cavan Monaghan is $863,950, across 63 active MLS® listings as of August 12, 2026. The average asking price is $1,068,172. These are list prices on homes currently for sale, not sale prices.
There are 63 active MLS® listings in Cavan Monaghan as of August 12, 2026. 19 of them came to market in the last 30 days.
Homes currently listed in Cavan Monaghan have been on the market an average of 85 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.
Of the 63 homes currently listed in Cavan Monaghan, 67% detached houses, 17% vacant land, 3% townhouses, 2% multi-family homes.
Cavan Monaghan has a Walk Score of 0 out of 100, which Walk Score classifies as Car-Dependent — almost all errands require a car. Bike Score is 25.