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City in Ontario

Homes for sale in Faraday

Name: HOMEH Market Pulse — Faraday closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

Browse all Faraday real estate listings in one place: 25 homes for sale in Faraday, ON, from $17,500 to $2,249,000, with a median asking price of $449,950. Most are detached houses and vacant lots.

quiet affordable

1,612 people lived in Faraday at the 2021 Census, in 755 households. 90% of households owned their home and 10% rented. The most common homes were single-detached houses (92%) and low-rise apartments (1%). 60% of homes were built before 1981, and 9% since 2011. 93% of commuters went to work by car and 0% by public transit.

Walkability score: 51

Faraday, Ontario

Faraday MLS® Listings

Day to dayLivability

Walkability

out of 100 · averaged over 46 past and present listings

Average walk score reported on listings here

4.9

Schools near listings

out of 10 · averaged over 46 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$449,900

37% below Ontario

In Faraday

$449,900

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

$280

Per square foot

On the marketMarket snapshot

For sale

Median $449,900

Houses 25

For rent

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Lower median sale price than the provincial average
Affordable rental price
Decent school ratings

Keep in mind

Limited amenities in the area
Walkability could be improved

The feel of the placeLifestyle

Daily life in Faraday is quiet with limited local services. Residents may need to travel for shopping and entertainment.

Great for first-time buyers budget-conscious renters

Within the boundaryWhat's nearby

The boundary

213.1 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Restaurants

Counted across all 213.1 km² of Faraday. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

Elementary

Cardiff Elementary School
Public · Grades JK–3 · Trillium Lakelands DSB
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Faraday, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

1,612

Population (2021)

217.4 km²

Area

People per km²

57.1

Median age

$64,506

Median income

90%

Own their home

2.1

People per household

755

Households

Every age

Children (under 15)10.5%
Working age (15–64)58.3%
Seniors (65+)31.2%

What is built here

Detached houses92.1%
Semi-detached0.7%
Low-rise apartments1.3%
Other attached homes1.3%

Own or rent

90%Owners

10%Renters

Across 755 households

When it was built

Mostly 1961–1980

1960 or earlier17%
1961–198044%
1981–199011%
1991–20009%
2001–20057%
2006–20103%
2011–20156%
2016–20213%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

8.8%
Born outside Canada: 14.5%
Hold a degree or higher: 39.1%
Employment rate: 0%
Commute by transit: 92.8%
Commute by car: 1.7
Children per family: $57,945
Median income after tax: $79,815
Average household income: 16.6%
Living on a low income: $749/mo
Owners pay, per month: $390,370
Median home value at census: 0%
Renters spending 30%+ of income on housing: 14.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 3 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Through September 2026 Moderate sales history

What Homes in Faraday Actually Sell For

39 homes changed hands in Faraday over the 12 months to September 2026. Half sold above $442,590 and half below, 5.9% lower than the 12 months before. A typical home found its buyer in 52 days.

Median sold price: $443K; -5.9% year over year
Days to sell: 52; Unchanged
Sales closed: 39; last 12 months
Per square foot: $378; from 37 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

$1.10M$752K$408K$64K

May ’24Feb ’25Oct ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$935,200

on a $1,000,000 asking price — under ask by $64,800

−10%Asking price+10%

Of the asking price: 93.5%
Sold over asking: 7.7%

From 39 sales that closed here in the last 12 months.

What actually trades in Faraday

A single median hides this: the mix of homes behind it, and what each kind costs.

39sales

Detached$393K51.3%
Other kinds, too few of each —48.7%

How fast it moves

Median days on market, month by month. Taller means slower.

May 2024Jul 2026

Terracotta marks the last 12 months.

Every month behind these charts — Faraday, sales

Monthly closed sales in Faraday
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	4	Not enough sales this month to report a median
Aug 2026	4	Not enough sales this month to report a median
Jul 2026	5	$430,000	$355K – $531K	39	91.3%
Jun 2026	5	$430,000	$403K – $444K	46	98.0%
May 2026	3	Not enough sales this month to report a median
Apr 2026	5	$350,000	$300K – $425K	136	95.5%
Mar 2026	2	Not enough sales this month to report a median
Dec 2025	2	Not enough sales this month to report a median
Nov 2025	4	Not enough sales this month to report a median
Oct 2025	5	$360,000	$320K – $464K	20	94.9%
Sep 2025	4	Not enough sales this month to report a median
Aug 2025	3	Not enough sales this month to report a median
Jul 2025	4	Not enough sales this month to report a median
Jun 2025	8	$375,000	$299K – $549K	18	96.1%
May 2025	7	$510,000	$389K – $550K	21	96.8%
Apr 2025	5	$450,000	$360K – $630K	21	98.4%
Mar 2025	2	Not enough sales this month to report a median
Feb 2025	1	Not enough sales this month to report a median
Jan 2025	3	Not enough sales this month to report a median
Dec 2024	1	Not enough sales this month to report a median
Nov 2024	3	Not enough sales this month to report a median
Oct 2024	3	Not enough sales this month to report a median
Sep 2024	6	$630,000	$430K – $927K	70	92.9%
Aug 2024	6	$420,000	$195K – $525K	53	98.1%
Jul 2024	13	$489,900	$365K – $1.03M	63	95.0%
Jun 2024	5	$440,000	$135K – $680K	22	97.8%
May 2024	7	$749,000	$640K – $780K	18	100.0%

15 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about Faraday

How much does a home cost in Faraday?

Homes in Faraday sold for a median of $442,590 over the 12 months to September 2026, across 39 closed sales — half sold for more and half for less. That is 5.9% lower than the 12 months before it.

How long does it take to sell a home in Faraday?

A home in Faraday took a median of 52 days on the market over the 12 months to September 2026. Homes there closed at 93.5% of the asking price on average, with 7.7% selling over asking.

Compiled by HOMEH from sales reported closed in Faraday on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Questions, answered

Common questions about homes for sale in Faraday

How many homes are for sale in Faraday, ON right now?

25 homes are for sale in Faraday on MLS® right now.

What is the average house price in Faraday?

The median asking price of the 25 homes for sale in Faraday is $449,950: half are listed above it and half below. By type, the median is $699,000 for detached houses and $89,000 for vacant lots.

Houses for sale in Faraday

Where can I find cheap houses for sale in Faraday?

19 homes in Faraday are listed under $800K and 22 under $1M. The lowest asking price today is $17,500.

Homes under $800K in Faraday

Are there new homes for sale in Faraday?

Yes. 2 of the 25 homes for sale in Faraday are new construction.

New construction homes in Faraday

How do I get cash back when I buy a home in Faraday?

Buy through HOMEH and you get a Cashback Rebate of 1.5% of the purchase price, paid at closing, subject to eligibility and your buyer agreement. On Faraday’s median asking price of $449,950, that would be $6,749.

How the Cashback Rebate works

Keep looking

More Houses to Buy in Faraday

25 homes are for sale in Faraday. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.