Cobalt, Ontario
As of September 26, 2026, the median asking price in Cobalt is $199,000, across 13 active MLS® listings.
Those listings have been on the market an average of 98 days.
3 new listings came to market in Cobalt in the last 30 days.
Cobalt is a small, historic former silver-mining community in Northern Ontario with a tight-knit, year-round population and a strong heritage/tourism identity anchored by the Mining Museum and well-preserved early-1900s streetscapes. Housing stock in the Cobalt neighbourhood is predominantly older detached homes and small low-rise buildings on compact lots, generally more affordable than larger regional centres. Demographics skew older with many long-term residents, alongside seasonal visitors and some workers connected to the broader Temiskaming Shores–Haileybury/New Liskeard employment base.
Key amenities are modest and locally oriented (museum/heritage sites, parks, basic services), with most major shopping, healthcare, and larger employers accessed in nearby Temiskaming Shores. Schooling options are primarily served through nearby boards in the region rather than within Cobalt itself, and transit is limited—ownership of a vehicle is common, with regional bus/service connections being less frequent than in urban markets. The real estate market tends to be thinly traded with higher variability by property condition; demand is driven more by affordability, lifestyle, and occasional investor interest in cash-flowing rentals than by rapid appreciation, so returns typically come from yield and value-add renovations rather than strong price growth.
Walk Score 24 · Bike Score 23
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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