Cobalt, Ontario, Canada
As of August 12, 2026, the median asking price in Cobalt is $199,250, across 14 active MLS® listings.
Those listings have been on the market an average of 66 days.
5 new listings came to market in Cobalt in the last 30 days.
Detached homes in Cobalt are listed at an average of $225,043 across 7 active listings.
Cobalt is a small, historic former silver-mining community in the City of Temiskaming Shores, known for compact streets, heritage homes, and a quiet, close-knit feel. The housing stock is largely older single-detached and small multi-unit properties, with a mix of long-time residents, retirees, and value-seeking households drawn to lower ownership costs than larger Northern Ontario centres. Key amenities include the Cobalt Mining Museum, local parks and trails, and basic services in town, while broader shopping, healthcare, and everyday conveniences are concentrated a short drive away in Haileybury/New Liskeard along Highway 11.
Schools and family services are primarily accessed in nearby Temiskaming Shores communities (with both English and French options in the region). Transit is limited—most residents rely on driving—though Highway 11 provides regional connectivity and supports trades, resource, and service employment commuting patterns. Real estate trends tend to be slower and more seasonal than in major markets: prices are generally affordable with pockets of demand for well-maintained heritage homes and income properties, while liquidity can be lower and property-condition risk higher. For investors, the area can offer decent cash-flow potential when buying below replacement cost and targeting long-term tenants, but rent levels and resale velocity are constrained by the small local economy and limited rental depth.
Cobalt currently has 14 active for-sale listings with a median asking price of $189,450 and an average of $41/sqft, pointing to an affordable market with investor-friendly entry pricing. Homes are taking about 64 days on market on average, suggesting measured demand and room for negotiation, while 5 new listings in the past 30 days indicate fresh supply for buyers to compare and underwrite carefully.
The median asking price in Cobalt is $199,250, across 14 active MLS® listings as of August 12, 2026. The average asking price is $247,221. These are list prices on homes currently for sale, not sale prices.
There are 14 active MLS® listings in Cobalt as of August 12, 2026. 5 of them came to market in the last 30 days.
Homes currently listed in Cobalt have been on the market an average of 66 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 14 homes currently listed in Cobalt, 50% detached houses, 21% vacant land, 7% multi-family homes, 7% duplexes.