Penetanguishene, Ontario, Canada
As of August 12, 2026, the median asking price in Penetanguishene is $675,000, across 93 active MLS® listings.
Those listings have been on the market an average of 68 days.
32 new listings came to market in Penetanguishene in the last 30 days.
Asking prices work out to about $215 per square foot, based on the 4 listings that report floor area.
Detached homes in Penetanguishene are listed at an average of $870,854 across 63 active listings.
Vacant land in Penetanguishene are listed at an average of $494,931 across 12 active listings.
Townhouses in Penetanguishene are listed at an average of $643,414 across 7 active listings.
Condos in Penetanguishene are listed at an average of $486,080 across 6 active listings.
Harbour breezes, hometown front porches
Penetanguishene’s central neighbourhoods gather around the historic harbour and main streets, where Georgian Bay light spills across older clapboard houses, post-war bungalows, and tidy lots softened by mature maples. It’s the kind of place where you’ll still see boats heading out early, neighbours pausing for a chat at the fence line, and a downtown that feels more “town centre” than “strip.” The waterfront is close enough to shape the daily rhythm, even if most errands still require a set of car keys.
The population mix reads like a classic small Ontario community: multigenerational locals, working families connected to Midland and regional employers, retirees who’ve traded bigger-city bustle for salt-air calm, and weekenders using the bay as their compass. Streets near the harbour and core amenities tend to feel more established and lived-in, while pockets of infill and renovation show up as owners update older housing stock—new siding, expanded kitchens, and the occasional modern build tucked between longtime homes.
Real estate here is defined by variety and practicality: modest detached houses, compact bungalows that appeal to downsizers, and character homes that reward restoration. Buyers often weigh proximity to the waterfront, parks, and downtown shops against the realities of a low walk score—most people drive for groceries and daily needs. Inventory can be tight in the most central pockets, and well-kept homes with functional layouts and outdoor space tend to move fastest, especially in spring and early summer when the bay becomes the town’s front yard.
Penetanguishene’s Penetanguishene neighbourhood currently has 173 active listings with a median asking price of $625,000, averaging $218 per square foot and 86 days on market, pointing to a market where buyers generally have time to compare options and negotiate. With 50 new listings added in the past 30 days, fresh supply is continuing to come online, which can create opportunities for value-focused buyers and investors to be selective on price and condition.
Walk Score 0 · Bike Score 27
The median asking price in Penetanguishene is $675,000, across 93 active MLS® listings as of August 12, 2026. The average asking price is $771,526. These are list prices on homes currently for sale, not sale prices.
There are 93 active MLS® listings in Penetanguishene as of August 12, 2026. 32 of them came to market in the last 30 days.
Homes currently listed in Penetanguishene have been on the market an average of 68 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 93 homes currently listed in Penetanguishene, 68% detached houses, 13% vacant land, 8% townhouses, 6% condos.
Penetanguishene 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 27.