Powassan

Powassan, Ontario, Canada

Market snapshot

As of August 12, 2026, the median asking price in Powassan is $499,900, across 5 active MLS® listings.

Those listings have been on the market an average of 43 days.

1 new listing came to market in Powassan in the last 30 days.

About Powassan

Powassan is a small, rural community in Nipissing District anchored by a compact village core along Hwy 11 and surrounded by farmland, forest, and cottage/lake country. The neighbourhood feel is quiet and family-oriented with a higher share of owners and long-term residents, alongside retirees and trades/commuter households who travel to North Bay for work and services. Local amenities include day-to-day shops and services in the village, the Powassan & District Union Public Library, arena/recreation facilities, and easy access to outdoor activities (lakes, fishing, trails) throughout the region.

Schools in the area typically include Powassan Public School (elementary) and Osprey Woods Public School (K–8 in nearby Callander) depending on catchments; French-language options and many specialized services are more readily available in North Bay. Transit is primarily car-dependent with regional access via Hwy 11; commuting to North Bay is generally straightforward, but walkability is limited outside the village core. Real estate is dominated by detached homes on larger lots, some rural/acreage properties, and a smaller rental stock; demand is influenced by affordability relative to North Bay and lifestyle buyers. Market trends tend to show moderate liquidity, fewer comparable sales, and more variability by property type, with price growth supported by limited supply but sensitive to interest rates and local employment conditions.

Market pulse

Powassan currently has 6 active for-sale listings with a median asking price of $614,450, averaging $157/sqft and about 39 days on market, pointing to a relatively tight inventory and measured pace of sales. With 2 new listings in the past 30 days, selection is limited but slowly improving, suggesting buyers may find negotiating room on longer-listed homes while investors should watch for well-priced opportunities that can still move quickly.

Frequently asked questions about Powassan

What is the average home price in Powassan?

The median asking price in Powassan is $499,900, across 5 active MLS® listings as of August 12, 2026. The average asking price is $658,960. These are list prices on homes currently for sale, not sale prices.

How many homes are for sale in Powassan?

There are 5 active MLS® listings in Powassan as of August 12, 2026. 1 of them came to market in the last 30 days.

How long do homes stay on the market in Powassan?

Homes currently listed in Powassan have been on the market an average of 43 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.

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How these figures are calculated