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City in Ontario

Homes for sale in Lake of the Woods

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

Browse all Lake of the Woods real estate listings in one place: 12 homes for sale in Lake of the Woods, ON, from $30,000 to $665,000, with a median asking price of $154,950. Most are vacant lots and detached houses.

quiet rural affordable

700 people lived in Lake of the Woods at the 2021 Census, in 235 households. 40% of households owned their home and 6% rented. The most common homes were single-detached houses (93%) and row houses (4%). 30% of homes were built before 1981, and 4% since 2011. 83% of commuters went to work by car and 0% by public transit.

Population of 230 residents No rental properties available Large area of 751.31 km²

Lake of the Woods, Ontario

Lake of the Woods MLS® Listings

What it costsAffordability

Median asking price

$154,950

78% below Ontario

In Lake of the Woods

$154,950

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

Median $154,950

Houses 12

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

Affordable home prices compared to the province
Low population density
Quiet living environment

Keep in mind

Limited amenities like parks and schools
No rental options available
Few homes on the market

The feel of the placeLifestyle

Life in Lake of the Woods is peaceful and rural. Residents enjoy a quiet atmosphere.

Great for first-time buyers retirees those seeking a quiet lifestyle

Within the boundaryWhat's nearby

The boundary

1,635.5 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

Counted across all 1,635.5 km² of Lake of the Woods. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

Elementary

McCrosson-Tovell Public School
Public · Grades JK–3 · Rainy River DSB
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Lake of the Woods, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source.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

700

Population (2021)

789.8 km²

Area

People per km²

41.1

Median age

$64,852

Median income

40%

Own their home

2.7

People per household

235

Households

Every age

Children (under 15)21.6%
Working age (15–64)60.4%
Seniors (65+)18.0%

What is built here

Detached houses92.5%
Townhouses3.8%
Duplexes1.9%
Other attached homes1.9%

Own or rent

40%Owners

6%Renters

Across 235 households

When it was built

Mostly 1961–1980

1960 or earlier4%
1961–198026%
1981–199015%
1991–200023%
2001–20059%
2006–201015%
2011–20150%
2016–20214%

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.

5.9%
Born outside Canada: 9.6%
Hold a degree or higher: 42.7%
Employment rate: 0%
Commute by transit: 83.3%
Commute by car: 2
Children per family: $59,714
Median income after tax: $60,000
Average household income: 27.9%
Living on a low income: $484/mo
Owners pay, per month: $300,000
Median home value at census

Statistics Canada, Census of Population 2021. Added up from 5 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 Thin sales history — read the monthly counts

What Homes in Lake of the Woods Actually Sell For

14 homes changed hands in Lake of the Woods over the 12 months to September 2026. Half sold above $157,599 and half below, 10.4% higher than the 12 months before. A typical home found its buyer in 107 days — 76 days slower than a year ago.

Median sold price: $158K; +10.4% year over year
Days to sell: 107; 76 days slower
Sales closed: 14; last 12 months
Per square foot: $253; from 2 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.

What buyers actually paid

$911,200

on a $1,000,000 asking price — under ask by $88,800

−10%Asking price+10%

Of the asking price: 91.1%
Sold over asking: 0%

From 14 sales that closed here in the last 12 months.

Every month behind these charts — Lake of the Woods, sales

Monthly closed sales in Lake of the Woods
Month	Closed	Median
Sep 2026	2	Not enough sales this month to report a median
Aug 2026	2	Not enough sales this month to report a median
Jul 2026	2	Not enough sales this month to report a median
Jun 2026	2	Not enough sales this month to report a median
May 2026	1	Not enough sales this month to report a median
Apr 2026	2	Not enough sales this month to report a median
Mar 2026	1	Not enough sales this month to report a median
Jan 2026	1	Not enough sales this month to report a median
Dec 2025	1	Not enough sales this month to report a median
Sep 2025	2	Not enough sales this month to report a median
Jul 2025	2	Not enough sales this month to report a median
Jun 2025	1	Not enough sales this month to report a median
May 2025	3	Not enough sales this month to report a median
Oct 2024	1	Not enough sales this month to report a median

14 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 Lake of the Woods

How much does a home cost in Lake of the Woods?

Homes in Lake of the Woods sold for a median of $157,599 over the 12 months to September 2026, across 14 closed sales — half sold for more and half for less. That is 10.4% higher than the 12 months before it.

How long does it take to sell a home in Lake of the Woods?

A home in Lake of the Woods took a median of 107 days on the market over the 12 months to September 2026. Homes there closed at 91.1% of the asking price on average.

Compiled by HOMEH from sales reported closed in Lake of the Woods 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 Lake of the Woods

How many homes are for sale in Lake of the Woods, ON right now?

12 homes are for sale in Lake of the Woods on MLS® right now. The busiest neighbourhood is Morson, with 11 homes for sale.

Homes for sale in Morson

What is the average house price in Lake of the Woods?

The median asking price of the 12 homes for sale in Lake of the Woods is $154,950: half are listed above it and half below.

Houses for sale in Lake of the Woods

How do I get a Cashback Rebate when I buy a home in Lake of the Woods?

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 Lake of the Woods’s median asking price of $154,950, that would be $2,324.

How the Cashback Rebate works

Keep looking

More Houses to Buy in Lake of the Woods

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