Faraday, Ontario, Canada
As of August 12, 2026, the median asking price in Faraday is $599,999, across 33 active MLS® listings.
Those listings have been on the market an average of 80 days.
5 new listings came to market in Faraday in the last 30 days.
Detached homes in Faraday are listed at an average of $897,750 across 26 active listings.
Vacant land in Faraday are listed at an average of $218,900 across 6 active listings.
Faraday is a rural, cottage-country neighbourhood within the Township of Faraday near Bancroft in Hastings County. The area is characterized by lakes, forests, seasonal cottages mixed with year-round homes, and a small, dispersed population skewing toward retirees, trades/resource workers, and households seeking affordable land and outdoor recreation. The lifestyle is oriented around boating, fishing, ATV/snowmobile trails, and nearby provincial park access, with most daily shopping and services reached by car in Bancroft.
Amenities are primarily natural (water access, trails, campgrounds) plus limited local services; residents rely on Bancroft for groceries, healthcare, restaurants, and community facilities. Schools serving families are generally in and around Bancroft (elementary and secondary options), with school transportation and long commutes typical for rural settings. There is no local urban transit; driving is essential, and the rental market is smaller and more seasonal, with demand coming from local workers, newcomers priced out of larger centres, and some short-term/seasonal tenancy. Real estate trends tend to be driven by cottage and recreational demand and remote-work spillover, with higher volatility than major cities: strong spikes during high-demand periods and softer liquidity in slower markets; yields are moderate due to seasonality, carrying costs, and limited long-term tenant depth, but land and waterfront properties can command premium pricing and resilient long-run appeal.
Faraday neighbourhood in Faraday, Ontario currently has limited market data available, which makes pricing trends and demand harder to quantify with confidence. For buyers and investors, this typically means each listing will need a close, property-by-property comparison and patience around price discovery, as fewer data points can lead to wider variation in asking and sale outcomes.
The median asking price in Faraday is $599,999, across 33 active MLS® listings as of August 12, 2026. The average asking price is $759,239. These are list prices on homes currently for sale, not sale prices.
There are 33 active MLS® listings in Faraday as of August 12, 2026. 5 of them came to market in the last 30 days.
Homes currently listed in Faraday have been on the market an average of 80 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 33 homes currently listed in Faraday, 79% detached houses, 18% vacant land.