Lake of the Woods, Ontario, Canada
As of August 12, 2026, the median asking price in Lake of the Woods is $135,000, across 9 active MLS® listings.
Those listings have been on the market an average of 112 days.
2 new listings came to market in Lake of the Woods in the last 30 days.
Asking prices work out to about $178 per square foot, based on the 4 listings that report floor area.
Vacant land in Lake of the Woods are listed at an average of $146,960 across 5 active listings.
Lake of the Woods is a water-oriented cottage and resort community spread across the shores and islands around Kenora in Northwestern Ontario. The neighbourhood character is defined by lake access, marinas, private docks, seasonal road patterns, and a mix of older cabins and newer, higher-end waterfront builds. The population is a blend of year-round residents (often tied to Kenora services, trades, and remote work) and a heavy seasonal influx of Manitoba and regional buyers. Amenities are concentrated in nearby Kenora (groceries, hospital/clinics, recreation facilities, dining), while on-lake conveniences include marinas, boat launches, fuel, and seasonal restaurants.
Schools and most daily services are typically accessed in Kenora and surrounding catchments (public and Catholic options), with commutes depending on which bay/road system you’re on. Transit is limited; ownership is car-dependent, and winter access and maintenance can materially affect usability and costs. The real estate market is driven by lifestyle demand and constrained waterfront supply, leading to higher price sensitivity to interest rates but strong long-run scarcity value for true waterfront with good access. Investors generally see better performance from short-term/seasonal rentals and shoulder-season demand (fishing, boating, events) than from conventional long-term rentals, but operating costs, insurance, and vacancy seasonality can reduce net returns despite solid gross rates in peak months.
Lake of the Woods currently has 11 active listings, with a median asking price of $135,000 and an average of $221/sqft, suggesting relatively accessible pricing with meaningful variation by property type and condition. Homes are taking an average of 104 days to sell and only 2 new listings came on in the past 30 days, pointing to measured demand and limited fresh supply—conditions that can reward patient buyers and investors who prioritize value and negotiate on time-on-market.
The median asking price in Lake of the Woods is $135,000, across 9 active MLS® listings as of August 12, 2026. The average asking price is $194,389. These are list prices on homes currently for sale, not sale prices.
There are 9 active MLS® listings in Lake of the Woods as of August 12, 2026. 2 of them came to market in the last 30 days.
Homes currently listed in Lake of the Woods have been on the market an average of 112 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.