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City in Ontario

Homes for sale in Otonabee-South Monaghan

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

Browse all Otonabee-South Monaghan real estate listings in one place: 89 homes for sale in Otonabee-South Monaghan, ON, from $44,900 to $6,500,000, with a median asking price of $559,900. Most are detached houses and vacant lots.

suburban residential quiet

7,428 people lived in Otonabee-South Monaghan at the 2021 Census, in 2,885 households. 89% of households owned their home and 10% rented. The most common homes were single-detached houses (89%) and row houses (2%). 54% of homes were built before 1981, and 9% since 2011. 94% of commuters went to work by car and 0% by public transit.

Walkability score: 55

Otonabee-South Monaghan, Ontario

Otonabee-South Monaghan MLS® Listings

Day to dayLivability

Walkability

out of 100 · averaged over 879 past and present listings

Average walk score reported on listings here

Schools near listings

out of 10 · averaged over 879 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

$559,900

22% below Ontario

In Otonabee-South Monaghan

$559,900

In Ontario

$716,900

Median monthly rent

$3,900/mo

56% above Ontario

In Otonabee-South Monaghan

$3,900

In Ontario

$2,499

$614

Per square foot

≈ 12 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $559,900

Houses 88 · Condos 1

For rent

Median $3,900

Houses 5

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 compared to provincial median sale price
Diverse range of residential properties
Lower average price per square foot

Keep in mind

Limited rental options
Few amenities like parks or schools

The feel of the placeLifestyle

Daily life in Otonabee-South Monaghan is quiet, with a focus on residential living. The area offers a suburban feel with basic amenities.

Great for first-time buyers families those seeking affordable housing

Within the boundaryWhat's nearby

The boundary

396.7 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

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 396.7 km² of Otonabee-South Monaghan. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

5.5/10

Average rating of the 1 rated school in this area

Elementary

Secondary

North Shore Public School
Public · Grades JK–8 · Kawartha Pine Ridge DSB
5.5/106.7 over 5 yrs
1,934th of 3,045 Ontario elementary schools
420 students · EQAO 2024-2025
Canadian Intl. School of Hong Kong
Independent · Offshore Schools
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Otonabee-South Monaghan, 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

7,428

Population (2021)

355.1 km²

Area

People per km²

48.9

Median age

$95,103

Median income

89%

Own their home

2.5

People per household

2,885

Households

Every age

Children (under 15)15.4%
Working age (15–64)60.5%
Seniors (65+)24.1%

What is built here

Detached houses89.1%
Townhouses1.9%
Low-rise apartments1.9%

Own or rent

89%Owners

10%Renters

Across 2,885 households

When it was built

Mostly 1960 or earlier

1960 or earlier29%
1961–198026%
1981–199017%
1991–200010%
2001–20054%
2006–20104%
2011–20154%
2016–20215%

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.

6.4%
Born outside Canada: 17.7%
Hold a degree or higher: 53.6%
Employment rate: 0%
Commute by transit: 94.2%
Commute by car: 1.8
Children per family: $83,225
Median income after tax: $110,282
Average household income: 7.9%
Living on a low income: $1,173/mo
Renters pay, per month: $1,178/mo
Owners pay, per month: $607,514
Median home value at census: 15.1%
Renters spending 30%+ of income on housing: 9.8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 16 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 Otonabee-South Monaghan Actually Sell For

90 homes changed hands in Otonabee-South Monaghan over the 12 months to September 2026. Half sold above $624,348 and half below, 13.7% lower than the 12 months before. A typical home found its buyer in 36 days — 7 days quicker than a year ago.

Median sold price: $624K; -13.7% year over year
Days to sell: 36; 7 days quicker
Sales closed: 90; last 12 months
Per square foot: $413; from 76 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.

$1.56M$1.04M$520K$2K

Oct ’23Oct ’24Sep ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$954,000

on a $1,000,000 asking price — under ask by $46,000

−10%Asking price+10%

Of the asking price: 95.4%
Sold over asking: 12.2%

From 90 sales that closed here in the last 12 months.

Rent or buy in Otonabee-South Monaghan

14.7 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$624,348

90 sales

Median rent

$3,550/mo

15 leases

Gross rental yield

6.82%

before costs

Both figures come from deals that actually closed in Otonabee-South Monaghan over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually trades in Otonabee-South Monaghan

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

90sales

Detached$641K43.3%
Other kinds, too few of each —56.7%

How fast it moves

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

Mar 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Otonabee-South Monaghan, sales

Monthly closed sales in Otonabee-South Monaghan
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	8	$322,500	$151K – $515K	59	89.2%
Aug 2026	10	$449,950	$261K – $512K	33	94.7%
Jul 2026	14	$645,575	$327K – $776K	42	95.8%
Jun 2026	14	$577,000	$445K – $719K	13	96.2%
May 2026	7	$765,000	$669K – $848K	21	98.7%
Apr 2026	6	$800,000	$686K – $966K	44	95.0%
Mar 2026	5	$710,000	$525K – $1.23M	38	92.9%
Feb 2026	4	Not enough sales this month to report a median
Jan 2026	4	Not enough sales this month to report a median
Dec 2025	3	Not enough sales this month to report a median
Nov 2025	3	Not enough sales this month to report a median
Oct 2025	12	$883,000	$649K – $1.23M	26	97.5%
Sep 2025	9	$599,000	$430K – $800K	94	96.3%
Aug 2025	6	$627,500	$556K – $958K	14	96.4%
Jul 2025	15	$800,000	$370K – $984K	34	98.0%
Jun 2025	10	$932,500	$795K – $1.12M	57	95.7%
May 2025	7	$1,125,000	$739K – $1.21M	47	97.1%
Apr 2025	6	$647,500	$332K – $920K	21	97.3%
Mar 2025	7	$649,900	$355K – $980K	13	99.2%
Feb 2025	8	$615,000	$490K – $740K	58	97.6%
Jan 2025	4	Not enough sales this month to report a median
Dec 2024	4	Not enough sales this month to report a median
Nov 2024	5	$445,000	$350K – $635K	32	98.9%
Oct 2024	4	Not enough sales this month to report a median
Sep 2024	6	$587,500	$295K – $606K	29	99.2%
Aug 2024	8	$665,000	$291K – $986K	50	97.6%
Jul 2024	17	$385,000	$265K – $890K	54	95.4%
Jun 2024	13	$650,000	$425K – $730K	26	94.5%
May 2024	9	$608,000	$460K – $840K	31	95.8%
Apr 2024	8	$735,000	$692K – $1.01M	14	100.0%
Mar 2024	11	$725,000	$448K – $874K	18	99.1%
Feb 2024	8	$749,950	$540K – $1.26M	24	98.7%
Jan 2024	6	$1,046,500	$306K – $1.45M	49	100.0%
Dec 2023	2	Not enough sales this month to report a median
Nov 2023	6	$502,500	$409K – $716K	27	100.0%
Oct 2023	6	$293,750	$109K – $529K	31	100.0%

8 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 Otonabee-South Monaghan

How much does a home cost in Otonabee-South Monaghan?

Homes in Otonabee-South Monaghan sold for a median of $624,348 over the 12 months to September 2026, across 90 closed sales — half sold for more and half for less. That is 13.7% lower than the 12 months before it.

How long does it take to sell a home in Otonabee-South Monaghan?

A home in Otonabee-South Monaghan took a median of 36 days on the market over the 12 months to September 2026. Homes there closed at 95.4% of the asking price on average, with 12.2% selling over asking.

How much is rent in Otonabee-South Monaghan?

The median lease in Otonabee-South Monaghan closed at $3,550 a month over the 12 months to September 2026, across 15 leases.

Is it cheaper to rent or buy in Otonabee-South Monaghan?

A home in Otonabee-South Monaghan costs about 14.7 years of the rent on one — the median price of $624,348 against a median rent of $3,550 a month, a gross yield of 6.82%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in Otonabee-South Monaghan 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 Otonabee-South Monaghan

How many homes are for sale in Otonabee-South Monaghan, ON right now?

89 homes are for sale in Otonabee-South Monaghan on MLS® right now. The busiest neighbourhood is Rural Otonabee-South Monaghan, with 2 homes for sale.

Homes for sale in Rural Otonabee-South Monaghan

What is the average house price in Otonabee-South Monaghan?

The median asking price of the 89 homes for sale in Otonabee-South Monaghan is $559,900: half are listed above it and half below. By type, the median is $729,900 for detached houses, $262,400 for vacant lots and $1,799,000 for farms.

Houses for sale in Otonabee-South Monaghan

Where can I find cheap houses for sale in Otonabee-South Monaghan?

60 homes in Otonabee-South Monaghan are listed under $800K and 67 under $1M. The lowest asking price today is $44,900.

Homes under $800K in Otonabee-South Monaghan

Are there new homes for sale in Otonabee-South Monaghan?

Yes. 11 of the 89 homes for sale in Otonabee-South Monaghan are new construction.

New construction homes in Otonabee-South Monaghan

How do I get a Cashback Rebate when I buy a home in Otonabee-South Monaghan?

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 Otonabee-South Monaghan’s median asking price of $559,900, that would be $8,399.

How the Cashback Rebate works

Keep looking

More Houses to Buy in Otonabee-South Monaghan

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

At a glance