Tobermory, Ontario, Canada
As of August 12, 2026, the median asking price in Tobermory is $439,500, across 58 active MLS® listings.
Those listings have been on the market an average of 112 days.
6 new listings came to market in Tobermory in the last 30 days.
Vacant land in Tobermory are listed at an average of $340,090 across 29 active listings.
Detached homes in Tobermory are listed at an average of $733,356 across 27 active listings.
Tobermory is a small, tourism-driven harbour village at the tip of the Bruce Peninsula, known for Fathom Five National Marine Park, Bruce Peninsula National Park access, the Chi-Cheemaun ferry to Manitoulin Island, and a walkable main street with seasonal restaurants, shops, marinas, and tour operators. The area skews toward seasonal residents, retirees, and hospitality workers, with demand peaking from late spring through fall; winter is quieter, which creates pronounced seasonality for rentals and local businesses. Housing stock is a mix of cottages and cabins, modest detached homes, and newer vacation-oriented builds on larger lots, with many properties positioned for short-term rental use.
Amenities are concentrated around the harbour and Highway 6 corridor: grocery and convenience options, clinics and services in town, and broader retail and medical services in Lion’s Head or Wiarton. Schools are limited locally (small community elementary options nearby) with additional options and programming typically requiring travel within the Northern Bruce Peninsula/Saugeen Shores area. Transit is car-dependent; there is no commuter rail, and bus service is limited, so investment performance hinges on highway access, parking, and proximity to waterfront/parks.
Real estate prices tend to track lifestyle demand and cottage-market cycles more than local employment fundamentals. Recent years have supported solid appreciation, but liquidity can be thinner and values can be sensitive to interest rates and changes to short-term rental rules. For investors, returns are often strongest with a hybrid strategy (seasonal short-term rentals plus shoulder-season medium-term stays), while pure long-term rents typically yield more modest returns due to high purchase prices relative to year-round local incomes.
Tobermory’s market currently has 67 active for-sale listings with a median asking price of $425,000 and an average of $408 per square foot, suggesting plenty of choice across a range of price points. Homes are taking an average of 104 days on market and only 8 new listings have arrived in the past 30 days, indicating a slower pace that can favor patient buyers and value-focused investors, while sellers may need competitive pricing to secure timely offers.
Walk Score 3 · Bike Score 28
The median asking price in Tobermory is $439,500, across 58 active MLS® listings as of August 12, 2026. The average asking price is $545,484. These are list prices on homes currently for sale, not sale prices.
There are 58 active MLS® listings in Tobermory as of August 12, 2026. 6 of them came to market in the last 30 days.
Homes currently listed in Tobermory 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.
Of the 58 homes currently listed in Tobermory, 50% vacant land, 47% detached houses.
Tobermory has a Walk Score of 3 out of 100, which Walk Score classifies as Car-Dependent — almost all errands require a car. Bike Score is 28.